Insurance On your guns???
In North Carolina your home owners insurance on your guns is only $10,000. Does anyone have Other insurance on your guns? If so what kind. I got some stuff on Collectible insurance agency. $26,000 coverage is $131 per year with $25 Policy fee per year. Anybody have this company For insurance??
We have had alot of breakins in my county. They are steeling guns.
Thanks for your help
We have had alot of breakins in my county. They are steeling guns.
Thanks for your help
0
-
Well the first think I would do is buy a good solid brand name gun safe and bolt it to the floor of your house. That will slow them down some.
NRA provides a small amount of insurance to members. I believe you can buy more. Most homeowner policys only cover a base amount and you have to buy and endorsement to your policy and pay an annual premium of X dollars per $100 of value for your collection.0 -
Some insurance companies will not issue a policy to homeowners that have firearms in the house.Others will require you to have a safe.I don't own any evil guns myself.
EvilDr2350 -
I talkded with my homeowners agent and discovered that they cover firearms by including them in the contents of the home. By raising the coverage of the contents of my home I was able to insure about 12,000 in firearms for about 40.00 a month. They were not interested in a list of my guns. NRA also offers insurance and you only have to list firearms with a value of over 1500.00. My insurance is with Farmsr's Insurance. Just FYI. 0 -
1. If you are an NRA member, you have a small amount of coverage. It can be increased cheaply without providing inventory/serial numbers except on big dollar items. check the NRA website. 2. TALK TO YOUR INSURANCE AGENT. Companies are all over the field on this one. Some have a limit for guns AND ACCESSORIES (that means ammo, scopes, etc) some don't. Some want serial numbers, some want it only on high dollar items. Have never encountered one that would not insure a homeowner with guys myself, but anything is possible. The key is talk to your agent- and most of us will want replacement cost coverage. 3. Do not scream about the price of coverage- like most guns, better coverage costs more. Replacement cost coverage usually costs more than actual value coverage- because it provides more money in the event of a loss. 4. Have a good inventory of your arms, and their serial numbers, and when you bought them, for how much. In the event of a loss (say, theft) you will need to be able to prove what you owned. Receipts (if you have them) are good, pcitures are real good. DO NOT KEEP THE INVENTORY IN YOUR HOUSE. Put it in an envelope, along with the pictures you took of each gun, and of each room in your house, and put it in your desk or locker at work. Give it to your folks to keep at their house. Or give it to your kids to keep at their house. 5. Safe is a good reccomendation. Some folks may have reasons why they can't use one. Space, location, etc.
No, I don't sell insurance. But in 89 we lost our home- tornado. Got a G O O D edumacation on homeowner's insurance!0 -
I'm a retired insurance adjuster. I'm VERY familiar with homeowner policies.
Your limit on guns is, generally, $2000 per policy (blanket coverage). I've never heard of a state-mandated limit of $10,000. Are you sure on that figure?
With any homeowner policy that I've heard of, you can always purchase MORE coverage. You schedule these items on the policy and you insure them for their replacement cost or collectible value. Some companies will require that you list each item seperately. Other companies will allow you to purchase a blanket limit, such as $20,000 for your entire collection, with a limit of $2500 for any individual gun (I'm making these figures up, you can have a policy state anything you want if you're willing to pay the premium).
It is true that some carriers will not insure you if you have firearms, just as it is true that some carriers will not insure you if you have dogs (never mind the breed).
FWIW, the NRA offers insurance free to its members and there is additional insurance that can be purchased.0 -
Buy a gunsafe, forget the insurance. Insurance is a ripoff. You can buy a very good safe for the cost of the insurance.
JM0 -
I suppose it might make sense to take digital photos of the contents of your gun safe and the rest of your home contents and burn a DVD with all the pictures. This could be placed in a safe of a trusted relative or friend.
It sure would make life easier in the event of a fire theft. Proving what you own with an insurance company can be difficult. Heck remembering all your reloading equipment, supplies, tools, etc in you home would be almost impossible. The pictures of the contents of closets, drawers, your garage, your safe on a DVD would be a good start at recovery.
We will send them all to Zipper for safekeeping.[:0][:)][:o)]0 -
a safe isnt necessarily going to stop a flood or fire, 0 -
Farmers $2,000 blanket coverage, dont try for more, if you have too many[;)]
Otherwise they, Farmers, will drop you.
Dont even mention C3, they will go bonkers, and drop you quickly.0 -
Hey I have a very large safe. But what to do for fire, water??? For the people out there that think there safe can not be broke into, I am sorry to say but it can. I am in the metal fab business and have a saw that will cut your safe open in minutes. Hopefully the bad guys don't have this but they can.
If some one has $25000 in guns what is $150 per year in insurance???
I have pics of my guns and do not have to list them with my insurance. I was just asking if anyone knows anything about this company or another?
Thanks0 -
I wouldn't want to be home if a thief uses a torch on my Ft. Knox safe(s). Black powder is really nasty when it gets hot. The sticker forwarns them. [8D] 0 -
+1 on BT3's post. I have 4 lbs of black powder taped to the hinge and lock of my safe, along with a big warning sign. Maybe the ins. co. will rebuild the corner of the house.[}:)] 0 -
...yep, it's 2 400+ pound safes...that the room is built around...let me see 'em get those suckers...[^] 
0 -
quote:Originally posted by sig232
I suppose it might make sense to take digital photos of the contents of your gun safe and the rest of your home contents and burn a DVD with all the pictures. This could be placed in a safe of a trusted relative or friend.
It sure would make life easier in the event of a fire theft. Proving what you own with an insurance company can be difficult. Heck remembering all your reloading equipment, supplies, tools, etc in you home would be almost impossible. The pictures of the contents of closets, drawers, your garage, your safe on a DVD would be a good start at recovery.
We will send them all to Zipper for safekeeping.[:0][:)][:o)]
Screw that, Mateo is a lawyer, I'm sending them to him.0 -
I've done a walk through of our house twice with a video camera. My parents have a copy, and someone else has a copy. I have a list of my firearms, incl. accessories and S/N's in a separate safe. I have S/N's and descriptions of any and all electronic equipment entered into a spreadsheet, same as the firearm list. Those files among other things are burnt on multiple discs and stored in a few different safes with other people. 0 -
quote:Originally posted by cubslovers
quote:Originally posted by sig232
I suppose it might make sense to take digital photos of the contents of your gun safe and the rest of your home contents and burn a DVD with all the pictures. This could be placed in a safe of a trusted relative or friend.
It sure would make life easier in the event of a fire theft. Proving what you own with an insurance company can be difficult. Heck remembering all your reloading equipment, supplies, tools, etc in you home would be almost impossible. The pictures of the contents of closets, drawers, your garage, your safe on a DVD would be a good start at recovery.
We will send them all to Zipper for safekeeping.[:0][:)][:o)]
Screw that, Mateo is a lawyer, I'm sending them to him.
But the fees may be unbearable.[;)]0 -
I have state farm and put an extra rider on for my guns 0 -
I have a high value home insurance policy from geico / travelers insurance. They will cover all my firearms / jewelry, even if I lose one of them.
The lady on the phone did kinda question the number of firearms, asked why I had so many, so I asked her why she had so many pairs of shoes. She OK enough said.
They did have to get an authorization from the underwriter before writing the policy.0
Please sign in to leave a comment.
Comments
18 comments