When we first got my son's Animas pump, our Dr. suggested getting it added to our homeowner's policy, which would supposedly be very inexpensive (just a few dollars per month, is what I remember her saying).
Now that I'm actually checking with our insurance company (State Farm), it sounds like it will be a bit more expensive. They said it will have to go on its own personal article policy, which has a $7.50 annual premium per $100 of coverage. For a $5000 coverage with no deductible, that would be a $375 annual premium. There are several deductible options which could bring the premium as low as $281 with a $500 deductible.
Does anyone have experience or advice with this issue? The upside of this policy is that it would cover anything from loss to theft or accidental breakage. I guess the downside is it just seems like an extra $280-375 we have to spend every year in addition to everything else.