Insurance

[ckaberna]

Any insurance suggestions for collection? Local SF says only $5k covered

 

[Falfan2017]

https://mynrainsurance.com/insurance-products/firearms-armscare-plus

Pretty cost effective and no appraisals or serial number collection.

 

[rkittine]

If you are a member of the NSSA (or for that matter most any other shooting association) they have links to insurance. I have insurance through the NSSA. My home owners will not cover any guns and since I am water front on salt water, I have very few insurance options for my home. Cost runs about $10.00 per $1,000 in coverage, per year. Guns bought new with a receipt or used with a valid receipt, are covered at original purchase price (stated value insurance) others at book value.

Bob

 

[hogpatrol]

If you are a member of the NSSA (or for that matter most any other shooting association) they have links to insurance. I have insurance through the NSSA. My home owners will not cover any guns and since I am water front on salt water, I have very few insurance options for my home. Cost runs about $1.00 per $1,000 in coverage, per year. Guns bought new with a receipt or used with a valid receipt, are covered at original purchase price (stated value insurance) others at book value.

Bob

Bob, what insurance company is that cheap? Most are around ten dollars per thousand.

 

[Falfan2017]

Bob, what insurance company is that cheap? Most are around ten dollars per thousand.

Yeah the link I posted is about 10 per k per year.

 

[Rsadams]

Mine is even cheaper , you have to have a separate policy to cover them all...

 

[nmkid]

What about the NRA insurance?

 

[alf]

Any insurance suggestions for collection? Local SF says only $5k covered

A third of the cost of Armscare Plus, & no serial numbers. They only want the total number of items to cover and total value. Only things to itemize are individual items valued at 10K or more.

100K is $333 a year and $250 deductible.

https://www.easterninsurance.com/insurance-quotes/personal-insurance/historic-firearms

 

[ckaberna]

Th

A third of the cost of Armscare Plus, & no serial numbers. They only want the total number of items to cover and total value. Only things to itemize are individual items valued at 10K or more.

100K is $333 a year and $250 deductible.

https://www.easterninsurance.com/insurance-quotes/personal-insurance/historic-firearms

Thanks ALF I will have to check into this. Ever had a claim with this company? How did that go?

 

[dickn52]

What about the NRA insurance?

ONLY works if you activate it first. I have no idea what that process is...but it is not automatic with membership.

 

[hoz53]

A third of the cost of Armscare Plus, & no serial numbers. They only want the total number of items to cover and total value. Only things to itemize are individual items valued at 10K or more.

100K is $333 a year and $250 deductible.

https://www.easterninsurance.com/insurance-quotes/personal-insurance/historic-firearms

that sounds great thanks

 

[Taildrag15X]

What about the NRA insurance?

Its not available for me in New York.

 

[hoz53]

Its not available for me in New York.

Wow I thought that nra insurance was available anywhere in the country. Mabie it’s the anti gun stuff going on there.

 

[watercam]

The NRA Insurance that you activate after you receive your membership is only $2500. They offer additional insurance as noted above. In Oregon I am paying about $240 for $23,000 in coverage. No questions asked.

 

[hoz53]

The NRA Insurance that you activate after you receive your membership is only $2500. They offer additional insurance as noted above. In Oregon I am paying about $240 for $23,000 in coverage. No questions asked.

That sounds right- it is about 100 per 10000 per year here.

 

[Snuggie]

I spoke with NRA about this. After you activate for the first time you don’t have to reactivate when you renew. It automatically does it. Hope this helps.

 

[Jdne5b]

Eastern Insurance minimum premium is $150/year for $40k coverage last I inquired. I currently have NRA insurance for nearly double the price. I need to switch.

 

[spclark]

All these quotes are for a yearly premium, correct?

I pay around $150 for ‘umbrella’ liability coverage, thinking maybe it’s time to re-evaluate my collection’s coverage as well.

 

[JRS]

I have mine insured, including my fishing gear, under personal articles coverage with my homeowners insurance.

 

[Jdne5b]

My home owners wanted pictures, and professional appraisals for each item, plus it was ridiculously expensive.