Nope - I didn't state much of what you said. But - the way it works with expensive fish, tank inhabitants/coral. You give them a list and their value. They probably look at a couple random things to be certain that you're not inflating the values. Then you pay a premium. If a tank disaster occurs - you get paid for the amount those items are 'scheduled for'. But - Here is a quote from the first page of a google search 'Can insurance companies cancel your policy'. In most cases if you do x hours of work, you're reimbursed for that time. Now - before I get jumped on - I'm not in any way suggesting that having insurance makes the heartbreak of the mess and hassle any less. But if I had 20K in tank inhabitants, I would definitely try to insure it. PS - in many states, weather related claims do not count as 'excessive claims'. But as stated before every state has different rules. Hope this helps:
Top Five Reasons an Insurance Company Will Cancel a Homeowners Policy
- Filing excessive claims, even zero-paid claims.
- Failure to make payments on time.
- Increased location risk.
- Poor property maintenance.
- Ownership of dangerous pets.
