Homeowner’s Insurance?

[chamokaneman]

Wondering if it covers boating accidents?

 

[CDW4ME]

Good to know I can almost get enough to replace my Ed Brown, or about 4 Glocks.

At $2000, I can replace 1 HK P7 and a Sig P365..............what do I do with the the $30K worth of guns?

I'm not taking out additional insurance, providing serial numbers ect ... I suppose after the token reimbursement, other loss analogous to:

 

[DeepSouth]

First, read your policy with highlighter in hand. Look especially for "items not covered" and "limitations and exclusions" ( both these items are the "fine print that taketh away").

Second, sit down with the highlighted policy and your agent, and discuss your concerns. While all policies have similarities, they all have individual peculiarities that cannot be properly addressed on a forum like this.

THIS !!

No one here can tell you what your policy says and that’s the only thing that matters.

I had a great insurance agent once that spent hours explaining such as this to me. My “ah ha” moment was when she told me “people tend to shop for a price, but what you’re buying is a policy” theirs a reason policy prices vary so much.

Read your policy, call your agent.

 

[Jimbo80]

As I said in an earlier post I have some experience getting paid by them. I am so far ahead of the game they'll never get even and believe me they try. Having a good agent is paramount.

 

[CapnMac]

Insurance varies by policy, and by State, so the above calls to sit down with your policy and a qualified agent are spot on.

Trickier part is that you may have 'latent' policies, too--like those automatically applied with membership with certain gun rights groups. Now, most of those are a blanket cash value to a stated maximum, rather than a "make whole" policy. You have to know if you have those policies, too (otherwise you'll not be able to apply them).

On average, most nation-wide property insurance treats all property the same--which often leaves gaping "holes" between the general and the specific.

As a for instance, here's something my agent recently pointed out. How many of you insure your safe? That RSC can be a couple grand all by itself, which could be a hole in the boat in case of a major loss.