Suppose if you had registered "Assault Weapons" with the State of CT.
Suppose if you had those firearms insured and were to suffer a total loss, such as caused by fire or theft.
I could find no provision in the terrible new CT laws allowing a person to replace these arms in such a circumstance. So, if anyone were to suffer such a loss, the only way they could take possession of a replacement collection would be to move out of State to a more gun-friendly area first.
Which leads me to assume that such a registered gun collection should have a replacement value much higher than actual replacement cost. There should now be a substantial value to the lost opportunity cost, because you have no opportunity to replace your loss without moving first, at tangible costs associated with moving.
If I paid $1,000.00 in year 2007 for a firearm now registered with CT as an AW, does it sound reasonable to have it appraised for insurance at a value quite a bit higher than its' original cost?
Suppose if you had those firearms insured and were to suffer a total loss, such as caused by fire or theft.
I could find no provision in the terrible new CT laws allowing a person to replace these arms in such a circumstance. So, if anyone were to suffer such a loss, the only way they could take possession of a replacement collection would be to move out of State to a more gun-friendly area first.
Which leads me to assume that such a registered gun collection should have a replacement value much higher than actual replacement cost. There should now be a substantial value to the lost opportunity cost, because you have no opportunity to replace your loss without moving first, at tangible costs associated with moving.
If I paid $1,000.00 in year 2007 for a firearm now registered with CT as an AW, does it sound reasonable to have it appraised for insurance at a value quite a bit higher than its' original cost?