Insurance Claims For Firearms "Losses"

[navyretired 1]

I bought my gun safe because of insurance. Then I found out that without a rider for the guns I was only partly covered and that part would be depreciated by time?
With the safe and the rider along with a log with every gun listed with special features, grips, scopes etc and pictures of each (boy I love those digital Camaras), I pay 1% of accessed value per year for loss by fire flood or theft with a total of $500 deductable. I think it's a good policy but requires constant upkeep of log at sister-in-laws house.
My wife say's that I only have two hands so why do I need 50 handguns, I'm just glad she hasn't counted them lately.

 

[wishin]

My wife say's that I only have two hands so why do I need 50 handguns, I'm just glad she hasn't counted them lately.

I think you need at least two more - one per week!

 

[wishin]

I just received the information in the mail from Collectibles and you're right there is a policy fee of $15.00. It caps out at $55.00.

If anyone on THR wants further cost info, let me know; they did send me a sheet listing the annual premiums for insurance amounts up to $200,000.

 

[wishin]

Collectibles also has a policy fee. Did you get that and add it in?

I just received the information in the mail from Collectibles and you're right there is a policy fee of $15.00. It caps out at $55.00.

If anyone on THR wants further cost info, let me know; they did send me a sheet listing the annual premiums for insurance amounts up to $200,000.