Over the weekend we lost our apartment to a fire that basically gutted most of the space. Since we are closing on a house this week, I was holding off buying a gun safe and instead had all of my shotguns and rifles mostly in hard cases......almost twenty of them. The cases were basically melted and exposed the guns inside to heat, smoke, and water from the firefighters who did an excellent job of preserving the structure. The guns all received damage in varying degrees. All have surface rusting in places from the water and heat. Synthetic stocked rifles have melted in places, some lightly and some grotesquely, and wood stocked rifles and shotguns have melted plastic from the foam and case material in places and lots of water staining on wood surfaces. My most sentimental piece, a 30's Winchester 52b Sporting that was 99% condition actually received the least damage of all guns in the attic, but was no doubt devalued heavily by just some light discoloration to the metal in places and some bad water stains in the stock.
Insurance will be covering all damages. The question I have is this: When is a gun determined to be a total loss and require replacement/compensation at full retail by an insurance company. If the gun was still functional, but cosmetically ruined, how much value is actually lost that insurance will pay for? If I am compensated for the gun if it is determined to be a total loss, will the insurance company get to keep the damaged firearm much the same way they keep a car that is totaled and sell it to salvage? Some would make great project guns.
The good news is that most of my pistols were not damaged as I had them in a place that was damaged only by smoke. It will be interesting to see if Dillon will replace my 550 and 650 that are now very much broken! Anyhow, on the bright side, and most important of all, nobody was hurt.
Insurance will be covering all damages. The question I have is this: When is a gun determined to be a total loss and require replacement/compensation at full retail by an insurance company. If the gun was still functional, but cosmetically ruined, how much value is actually lost that insurance will pay for? If I am compensated for the gun if it is determined to be a total loss, will the insurance company get to keep the damaged firearm much the same way they keep a car that is totaled and sell it to salvage? Some would make great project guns.
The good news is that most of my pistols were not damaged as I had them in a place that was damaged only by smoke. It will be interesting to see if Dillon will replace my 550 and 650 that are now very much broken! Anyhow, on the bright side, and most important of all, nobody was hurt.