if it's rated at 12amp, then the 15amp fuse should be perfect. Just cause you put a higher rated fuse in the holder doesn't mean that it supply that current to the device, you could put a 50amp in there and the pump will still only draw 12 amps.
If it shorts out however, thats another story. When it's shorted and still doesn't draw over 50 amp then the wire starts to burn and you have an electrical fire.
with a 15 amp if the pump begins to draw more than the 15 then the fuse burns and the wiring is safe. I would say even with a 20 amp in there you would be fine, likely cause if somethings shorts out it will draw more than 20 and burn the fuse and everything will be safe.
go with the 15 for now, but I wouldn't go more than 20.
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