How do you insure your firearms?

[dreever]

Been thinking about this lately since Insurance cost just to cover firearms is VERY expensive per year. Like $17.00 per thousand.

Things I don't like:

Even though they are in 1000 pound plus safes bolted to the floor and wall in a house with a security system and two guard dogs, you get no discount. Cost of insurance is the same as if you had them laying on the kitchen table. However you get a discount if your wife's jewelry is in a safe.

The insurance company wants a description and list of serial numbers of all. Maybe I'm paranoid but if there ever was registration/ confiscation I just don't like giving out that information to be on file.

So what do you guys do for insurance and who do you have it with?

Danny

 

[dennisinaz]

I have a rider that covers the first $100,000. They didn't need serial numbers, just a list.

 

[Nomad47]

I live in a 43' motorhome. Insured content value can be adjusted, which I have done to cover jewelry and guns. Insurance company said they don't even have to know that it is guns, just my records of what the contents are.

 

[fdshuster]

Danny: I've had the NRA endorsed coverage for more years than I care to remember. Without getting into specifics on the open forum ( feel free to PM) I have been very satisfied with their coverage. They have never required a description, photos, serial Numbers, etc. of any firearms that are covered.

 

[tenring]

Danny - For many years, I have insured mine with a scheduled personal property rider on my Allstate Homeowners policy. They require an appraisal and photo of each firearm. Initially, I simply gave them values from the Blue Book. After that, I sent them copy of the invoice from the seller. I have several scopes and binoculars on the SPP also. It will cover any loss beyond fire and theft. Think I told you that recently while cleaning out my basment a new NF scope disappeared and was never recovered. They sent me a check the next day for the appraised amount. I have contacted other HO insurance writers, including the NRA, and none is cheaper. The cost is $1.00 per hundred of value each year. My only gripe is that the basic Allstate HO policy is expensive.

 

[dreever]

Gene,

Mines with Erie insurance $1.70 per hundred that's why I want to shop around.

Danny

 

[superlight93]

Been thinking about this lately since Insurance cost just to cover firearms is VERY expensive per year. Like $17.00 per thousand.

Things I don't like:

Even though they are in 1000 pound plus safes bolted to the floor and wall in a house with a security system and two guard dogs, you get no discount. Cost of insurance is the same as if you had them laying on the kitchen table. However you get a discount if your wife's jewelry is in a safe.

The insurance company wants a description and list of serial numbers of all. Maybe I'm paranoid but if there ever was registration/ confiscation I just don't like giving out that information to be on file.

Bolting down your safe gives the burglars leverage for prying. Even though I have insurance and an alarm system my best protection is my 115 # German Shepherd!

So what do you guys do for insurance and who do you have it with?

Danny

 

[superlight93]

Bolting down your safe gives the burglars leverage for prying. Even though I have insurance and an alarm system my best protection is my 115 # German Shepherd!
I have even had the mailman and Fed EX refuse to come to the door.

 

[Mark S in NM]

Eastern Insurance Group, $542 a year for 150K no deductable. Only have to list and value first 10 firearms the rest blanket.