Bigstacks
Member
Who is a good insurer for a gun collection? I am not sure if i should add a policy with my home owners or is there some other company you recommend? Who do you use?
I'm curious if, hypothetically, firearm "x" in my collection were to be "banned to possess" would any policy pay off ?
I've never seen a policy that didn't exclude "Force Majeure" losses such as takings or, um, lawful, seizures. Imagine the massive spikes in simultaneous claims with every law change; it'd drive the insurer out of business.
What if the Government subpoena's insurers for the serial numbers to confiscate them?
https://collectinsure.com/what-we-insure/guns-knives-accessories
Most home owner policies require you to report serial numbers for anything beyond the basic coverage, which is usually pretty weak.
This company does not, although you need to list make/model (but not S/N) for any item worth over a certain (hefty) amount.
The policies usually cover shipping and transport too, like sending to a gunsmith or moving the collection.
A lot of collector/dealers use them.
I use this company as well and was very impressed with their coverage and their prices. I had previously been using the NRA endorsed ArmsCarePlus but it was frankly getting too expensive and the coverage wasn't any better. Using my home owners insurance was a complete non starter primarily due to expense.
I have check with both of those today thanks for the replies. Gunandtrophy is cheaper but you know how that goes. Skeetshooter do you know anyone thats had a claim with them? How where they on the claim?
https://collectinsure.com/what-we-insure/guns-knives-accessories
Most home owner policies require you to report serial numbers for anything beyond the basic coverage, which is usually pretty weak.
This company does not, although you need to list make/model (but not S/N) for any item worth over a certain (hefty) amount.
The policies usually cover shipping and transport too, like sending to a gunsmith or moving the collection.
A lot of collector/dealers use them.
Whats a ball park figure on premiums ?
For 50k it was $155.00 a year
I'm curious if, hypothetically, firearm "x" in my collection were to be "banned to possess" would any policy pay off ?