Firearms Insurance

[RAGGED]

Well I am going to be changing some of my insurance policies around and I can save a bundle with a different company for Homeowners, the bad thing is they have a bit less coverage on firearms (theft only, fire is fully covered) than my current so I may be in need of some supplemental insurance.
So my question is what do you guys use, do you go with the NRA endorsed Armscare stuff? Also has anyone “activated” their “free” NRA Armscare coverage, they claim $2500 of Free coverage, I tried to find the fine print but I didn’t get to far into it, seems scam-ish, are they going to “auto enroll” me in some crap down the road? Does anyone know if there is a deductable on this “free” coverage?
Also does anyone happen to know if all this can work together, say you have $20k worth of guns, your insurance cover 5K, you and your wife are NRA members and get $2500 each bringing you to 10k, if you purchased and additional 10k from the NRA would everything be covered in the event someone took the whole damn safe?

So let’s hear it, what (if any) do you use, who’s the cheapest, the initial quote from Armscare is nuts, I would break even in less than 5 years.

Thanks, WR

[1911fan]

Just ask your agent about increasing the coverage. My agent listed it as described personal property for about 17 dollars a year for fifteen grand insurance which is a blanket for stuff over the regular policy limits.

[RAGGED]

Just ask your agent about increasing the coverage. My agent listed it as described personal property for about 17 dollars a year for fifteen grand insurance which is a blanket for stuff over the regular policy limits.

That's similar to what I had done in the past but is not available with the new company. To get them covered in full would cost a bit more, to the point I'm not sure it's worth paying for the extra over the regular policy limits.

[JJ]

That's similar to what I had done in the past but is not avalible with the new company. To get them covered in full would cost a bit more, to the point I'm not sure it's worth paying for the extra over the regular policy limits.

I am in a similar situation. I think 10k is what my policy covers. I inquired about a ryder(sp?) and I would have doubled my stuff in a little over 10 years.

[hammAR]

Personally, I prefer to get a specific rider, we have two - one for firearms and one for jewelry...........
specifically covering ANY loss and stating full replacement value w/no deductible....it includes optics, accessories, and the safes.

Sometimes increasing the existing coverage on a regular HO insurance package is OK, but you want to be careful of the small print..(ex. fair market vs replacement)........then again there are companies out there that will not cover "guns", and as my BIL found out some that will cancel you if you do want to add "guns"...............

YMMV............

[Holland&Holland]

Personally, I prefer to get a specific rider, we have two - one for firearms and one for jewelry...........
specifically covering ANY loss and stating full replacement value w/no deductible....it includes optics, accessories, and the safes.

This is what I do as well. Also, have one on higher end camera's. Cover's any loss of the item, theft, fire, dropped from a tree stand...

[hammAR]

Personally, I prefer to get a specific rider, we have two - one for firearms and one for jewelry...........
specifically covering ANY loss and stating full replacement value w/no deductible....it includes optics, accessories, and the safes.

This is what I do as well. Also, have one on higher end camera's. Cover's any loss of the item, theft, fire, dropped from a tree stand.......or a boat trip.

[timwarner]

HammAR, could you PM me your company? contact person as well, if possible.

[Holland&Holland]

Personally, I prefer to get a specific rider, we have two - one for firearms and one for jewelry...........
specifically covering ANY loss and stating full replacement value w/no deductible....it includes optics, accessories, and the safes.

This is what I do as well. Also, have one on higher end camera's. Cover's any loss of the item, theft, fire, dropped from a tree stand.......or a boat trip.

Especially boat trips!

Honestly though I am certain that will be the type of loss I will be claiming, though on one of my wife's camera's not a gun. I can not remember how many times I hit the throttle and the next minute I am grabing for what ever she left on the dash...

[MNBlackjack]

HammAR, could you PM me your company? contact person as well, if possible.

I do the same thing with State Farm. Seperate personal artical policies for firearms and jewelry.

[solidgun]

HammAR, could you PM me your company? contact person as well, if possible.

I do the same thing with State Farm. Seperate personal artical policies for firearms and jewelry.

I really recommend State Farm for this coverage. I have had their insurance for close to 15 years now and I shop around from time to time and haven't found other companies match the coverage or price. I have a $50,000 policy with them for firearm and jewelry and with multiple policies and having been with them for so long really helps out in cost. However, I store my valuable collections elsewhere with fire/water/chemical corrosion protection.

[Heffay]

USAA. They ask "Ok, so how many guns would you like us to insure?"

[Holland&Holland]

USAA. They ask "Ok, so how many guns would you like us to insure?"

And you can add new ones on-line with a couple clicks.

[gyrfalcon]

Not to be a jerk but.... READ THE FINE PRINT OF YOUR POLICY and get it in writing!

Many agents will sell you a "blanket" but it excludes firearms over 5k or things like bullion and other such things. Many agents don't actually know what sort of items the insurance will actually cover...especially local State Farm agents who call into a regional office when they setup policies.

If you want to pay a lot of money and then have your house burn down or get robbed you'll find out the hard way what your insurance company really covers.

[Holland&Holland]

Not to be a jerk but.... READ THE FINE PRINT OF YOUR POLICY and get it in writing!

Many agents will sell you a "blanket" but it excludes firearms over 5k or things like bullion and other such things. Many agents don't actually know what sort of items the insurance will actually cover...especially local State Farm agents who call into a regional office when they setup policies.

If you want to pay a lot of money and then have your house burn down or get robbed you'll find out the hard way what your insurance company really covers.

That is exactly why you should have a rider specific to each firearm.