SIGforum
Firearm insurance
March 07, 2017, 10:50 PM
creslinFirearm insurance
I'm curious.
Do most folks here have insurance on the gun collections?
If so.... with what company?
What's a ballpark monthly cost?
This is where my signature goes. March 07, 2017, 11:40 PM
Haveme1or2NRA ... 15000$ coverage 120 +- a yr
March 08, 2017, 04:38 AM
dwright1951I also use the NRA gun insurance, have for years, had one loss paid with no problems.
March 08, 2017, 09:03 AM
dry-flyNFA friendly, no scheduling, takes 10 minutes on their website to get a policy.
"Attack life, it's going to kill you anyway." Steve McQueen...
March 08, 2017, 09:10 AM
DaBigBRI carry a rider on my homeowner's insurance to cover a portion of my collection, primarily the stuff that would be very expensive or impossible to replace. I did not feel that strongly about paying to insure all of my Glocks and Sigs.
March 08, 2017, 09:25 AM
RogueJSKquote:
Originally posted by dry-fly:
no scheduling
Several firearm insurers like to advertise things like "no scheduling" or "not required to provide an inventory/serial numbers" as a selling point.
That's attractive to many people, but that doesn't mean "you don't have to keep any records". It may simplify the recordkeeping process, in that you don't have to report to your insurer every time something changes, but it places the recordkeeping responsibility squarely on the policyholder.
It's incumbent upon the policyholder to keep records of their collection in a safe place (preferably backed up with photos/video, receipts, etc.), in order to prove their collection's contents and worth in the case of a loss.
March 08, 2017, 09:34 AM
xl_targetquote:
Originally posted by dry-fly:
https://collectinsure.com/what...s-knives-accessoriesNFA friendly, no scheduling, takes 10 minutes on their website to get a policy.
What are the approximate costs of a policy from them?
March 08, 2017, 09:35 AM
RogueJSKLast year, I was quoted a little over $200 per year for $30,000 in coverage. YMMV.
It's a quick process to get an online quote from them.
March 08, 2017, 09:51 AM
vinnybassThere is a recent thread on the subject.
More info here:
https://sigforum.com/eve/forums...030055714#4030055714
"We're all travelers in this world. From the sweet grass to the packing house. Birth 'til death. We travel between the eternities." March 08, 2017, 11:17 AM
xl_targetquote:
Originally posted by RogueJSK:
Last year, I was quoted a little over $200 per year for $30,000 in coverage. YMMV.
It's a quick process to get an online quote from them.
Thank you!
March 08, 2017, 11:29 AM
ontmarkI may have to also look into adding more insurance then our Renters policy provides thru State Farm.
I think we are at $10k
Beware the man who only has one gun. He probably knows how to use it! - John Steinbeck
March 08, 2017, 01:55 PM
AZSigsquote:
Originally posted by dry-fly:
https://collectinsure.com/what...s-knives-accessoriesNFA friendly, no scheduling, takes 10 minutes on their website to get a policy.
This is what I have.
Getting shot is no achievement. Hitting your enemy is. NRA Endowment Member . NRA instructor March 08, 2017, 01:57 PM
dry-flyquote:
Originally posted by RogueJSK:
quote:
Originally posted by dry-fly:
no scheduling
Several firearm insurers like to advertise things like "no scheduling" or "not required to provide an inventory/serial numbers" as a selling point.
That's attractive to many people, but that doesn't mean "you don't have to keep any records". It may simplify the recordkeeping process, in that you don't have to report to your insurer every time something changes, but it places the recordkeeping responsibility squarely on the policyholder.
It's incumbent upon the policyholder to keep records of their collection in a safe place (preferably backed up with photos/video, receipts, etc.), in order to prove their collection's contents and worth in the case of a loss.
Is that not obvious? I can't imagine not having records on your own stash. All I was referring to was Collectinsure.
"Attack life, it's going to kill you anyway." Steve McQueen...
March 08, 2017, 02:45 PM
HKAngusKLquote:
Originally posted by ontmark:
I may have to also look into adding more insurance then our Renters policy provides thru State Farm.
I think we are at $10k
Does your renter's policy have a rider? Many of the insurance policies I have seen have exclusions and policy limitations for firearms and jewelry. I've seen 20k policies have only 2400 in firearms coverage,etc. Something to be aware of with renter's insurance (or homeowner's policies without a rider or supplemental policy).
March 08, 2017, 09:36 PM
creslinquote:
Originally posted by vinnybass:
There is a recent thread on the subject.
More info here:
https://sigforum.com/eve/forums...030055714#4030055714
Damn... I even searched to see if there was another thread about this already..
Thanks everyone for the input!
This is where my signature goes. March 08, 2017, 10:07 PM
AquabirdI have State Farm, not sure about the cost, it was not much as an add on to our house insurance.
NRA Life Endowment member
Tri-State Gun collectors Life Member