kyro298 Glider Sprinkles      CO, USA 15262 Posts They'd have to be added as an additional endorsement to your homeowners policy. It's usually under "Scheduled Personal Property" or "SPP". I know with jewelry and other "goods", we require people to provide an appraisal and there's an actual monetary value attached. They also have the choice of choosing either a percentage for replacement or "ACV" (actual covered value). I think I might have to do some more digging and find out what exactly is covered... OK, this is what it says: "The following information is essential for all SPP written:
1. Description of item
2. Cost of each item insured
3. Date purchased
4. Current value including an appraisal for items over $5,000. The appraisal should be no more than 3 years old.
5. Amount of insurance. All items must be insured to 100% their value.
The maximum limits of liability for which you are authorized to bind coverage are limited to $25,000 per item with a $100,000 maximum limit for entire schedule." This additional coverage is for claiming a loss on the home policy and applies to cameras, fine art, furs, sporting equipment, guns, jewelry, musical instruments (non-professional), silverware, stamp and coin collections, tools, collectibles and pets. It's just weird because how to you come up with a monetary value to insure? I think I'm going to call an underwriter Monday and ask. cb38506 Glider TX, USA 177 Posts Ouch sounds like a lot of work kyro. I have renters insurance personally that i have that covers all my items, etc. And the house im renting if i do something stupid and burn it down. It also covers all my pets, I added an extra to it to cover my other pets because it only wanted to cover my cats and dogs but it does cover the bunnies and gliders now. It covers all their items, if soething happens like a storm or fire and they survive but need medical attention, etc. Also it covers if one of my dogs loses their mind and bites someone. I agree if you have any pet make sure you check your insuance policy. Another thing to check is your car insuance policy. Mine covers my pets if they are injured but I usually have atleast 1 dog with me most of the time. So that is something to look at as well just to have that protection. cb38506 Glider TX, USA 177 Posts Yes we did it as an addition. And they didnt make us put down the actual price for the gliders and bunnies, we just had to add their supplies espically like the cages in with the total value of the items in the house. Only the breeds of my animals were put down. I would hate to see my insuance prices if they knew what i paid for some of my animals and what their value is financially. lol cb38506 Glider TX, USA 177 Posts Mine covers all the pets because of the added part to it, i asked them atleast 5 times lol. Supplies should already be considered on a policy because those are items inside the home. Like my lamp its not a vital part of the house but it is inside the house. But then say you have a business in your home you have to add that to your policy because its not normal things. I pay almost twice on my insurance then what it would be without my pets but that covers my pets injury or death, as well as if any of my pets rather it be my dogs, cats, gliders, or even my fish cause injury to someone it will cover that. I made sure to check it over and over because I dont want some idiot coming into my house doing something to my animals that causes them to bite and then trying to sue me and me not have any resources.
cb38506 Glider TX, USA 177 Posts I am with USAA the military insurance--I dug out my insurance book thing agian and double checked i never had to tell them a value on any of the animals themselves. I am glad your re-doing the manuals too, always good to get things updated and fresh. Its always changing out there! kyro298 Glider Sprinkles CO, USA 15262 Posts OK, so I emailed our underwriter: In the Home Policy underwriting guidelines, pets are listed under SPP that can be added as an endorsement. It does say that domestic pets are covered and exotic pets are not. A few questions:
1. How would we add pets to SPP? Normally, we get appraisals and place a monetary value on an item being scheduled.
2. Also, in the event a claim was filed for someone's personal property, would this endorsement cover the pet's supplies, the pet itself...? It is really vague in the guidelines.
3. How do we know if a pet not listed is "domestic" or "exotic". Here was the response: Hi Kylah
1. You would add the pet as a scheduled personal property item, with a value. That value would be determined by one of several things: sale papers, ads for dogs of the same breed, a valuation by a vet or any valid valuation the insured has. There isn't an exact procedure so I'm being broad.
2. I'm not sure about the claims implications of this. The pet would be covered of course, but I think the supplies, etc..would be covered under the insured's unscheduled personal property, not as part of the scheduled pet.
3. If a pet is not listed one way or the other, you would need to get a hold of us and describe what you have. Considering the recent monkey attacks that have been in the news, we will probably consider them exotic, and this ineligible for coverage. Other animals, like a horse, possibly domestic-we'd have to discuss.
Remember, that in scheduling a pet, you are ONLY scheduling for the perils insured against in the policy; i.e. fire, lightning, wind, etc...It's not an animal mortality coverage. You'll need to make that clear to insureds. Some think they can schedule an animal, then when it dies of natural causes, they think they can collect under the policy-or they let it run loose, then when it gets hit on the highway, they want to collect. That's not a covered peril under their policy.
In short, be careful when scheduling pets. I then asked him about Sugar Gliders and explained why I was asking. He was nice enough to do a little research for me and let me know that they would be considered "domestic" for these purposes and would be allowed to be scheduled. kyro298 Glider Sprinkles CO, USA 15262 Posts
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Homeowner's Insurance and your pets
I consider them above value, the insurance company would not agree. 
