Gun Insurance

[Brazos]

I am looking into changing my home owner's insurance and the potential new policy, from a reputable insurer, does not have good coverage on guns ($2500). For $200/year they will cover up to $10K w/ no deductable. This will include coverage if it gets stolen from my vehicle, lost while hunting, etc. So it is full coverage for $200/yr. The problem is I have more than $10K in guns. I am considering looking for a seperate policy. I know the NRA has $1000 worth of insurance for members and you can extend this policy up to $500K. What other options are there from reputable companies? Suggestions please.

Thanks,

Brazos

 

[CoRoMo]

You can always double insure your personal articles by purchasing another policy, from a different insurance company, for the same set of articles. This will give you two policies that add up to the value you are looking to insure.

 

[feltonfitz]

Might be a better idea to purchase a policy for the guns - www.collectinsure.com

$5000 in coverage would be around $45 per year.

 

[NC-Mike]

That's cheaper than the NRA insurance. I took out 4,000 coverage with them and it was 79.60

 

[D Boone]

Has anyone actually used this service? www.collectinsure.com they list this forum on their site. It seems quite reasonable, I think I might get mine insured.

edited to say, I have heard that it is a bad idea to tell or try to get your guns insured through your homeowners, that your policy will go up just because you own them, not to cover them.

 

[Keb]

Please take a look at Eastern Insurance's Historic Firearms. This is a very well written Chubb policy.

Rates lower than homeowners and NRA, better terms. ( Based on my current policy, and then the posted rates and policy fee, the Eastern / Chubb policy is quite a bit less than Collectinsure. )

www.historicfirearms.com

 

[Brazos]

Thanks for the tips on some other insurance companies. I will look into them. The NRA insurance seemed a little high but I assume since they are NRA sponsered they are reputable. I just don't want to loose my guns to find out the insurance policy I have is not much use because the company is shady.

 

[mongo4567]

I have used Collectibles Ins for a few years.