House insurance and gun ownership

[Marauder2003]

Now that I have a few handguns and a safe should I inform my house insurance company? I know if you have high dollar stuff (jewelry, etc) you need to list it with them. Premium adjustments may be involved!

I am not so concerned about protecting the guns specifically as I am about the fact I own guns and what State Farm will think. I have house, 2 cars and long term med care with them. They also serve as agent for the quake ins.

Any thoughts?

 

[DeadAye]

Don't know about State Farm but my BIL had some guns burned up pretty bad in a house fire a few years back and Allstate didn't flinch or hesitate to pay to have them repaired or replaced.
I really thought that they were toast but all were fixed up like new.
The guns were not listed separately, btw.

 

[Silver77]

Ins. policies vary from state to state. Some companies won't add an endorsement for guns. Some will only cover a certain amount, i.e. $2500.

Call your agent and he can answer your questions.

 

[Class III]

Don't know about your state or your policy, (i.e. READ YOUR POLICY). You may be surprised at what your policy covers and what it does not cover. I know my policy only covers up to $1000.00 in firearms. That won't cover my primary hunting SG (Benelli SBE II). All my firearms are covered by a different policy/agent/company. SF offered to write a rider but the cost was almost 20% more than the covereage from another insurance company.

Class III

 

[zercool]

I have State Farm, they'll cover about $2500 if I recall right. They'll write a rider/supplemental policy but wanted a complete list and appraisals for any over a certain amount - and I believe it was pretty pricey.

Probably do better with a third-party insurance company.

 

[OKFC05]

I have State Farm and they do cover firearms on my basic policy. However, their extra firearms coverage is higher than the NRA listed firearms insurance.
NRA Endorsed Insurance Programs

$2,500.00 NO COST ArmsCare Benefit:
Lock in an exclusive NRA safety net for your firearms. Protects against theft … loss … or damage. Of course, no registration of your guns or serial numbers are required.

More coverage is available for a fee.

 

[ace22]

i think some of the best insurance you can have for your firearms is a large fireproof safe.

 

[Rule3]

I have State Farm and they do cover firearms on my basic policy. However, their extra firearms coverage is higher than the NRA listed firearms insurance.
NRA Endorsed Insurance Programs

$2,500.00 NO COST ArmsCare Benefit:
Lock in an exclusive NRA safety net for your firearms. Protects against theft … loss … or damage. Of course, no registration of your guns or serial numbers are required.

More coverage is available for a fee.

+1 for the NRA Arms Care, I have the basic plus extra. It is relatively cheap for additional coverage.

It also covers accessories, scopes, magazines and will cover theft from you car if the car is locked.

Best thing is it is Actual Cash Value of replacement of the gun at today's prices. So it is not a depreciated value.

Go on a hunting trip, stop to eat and someone steals you $1000 rifle/scope from your(locked) car, you get a new one.

 

[Faulkner]

The NRA Arms Care is great until you have to use it. I have and was sorely disappointed.

 

[Rule3]

The NRA Arms Care is great until you have to use it. I have and was sorely disappointed.

Care to share any details or what was wrong with the coverage?

 

[feralmerril]

I once lost some guns to burglary, and my agent talked me out of makeing a claim! Said my premiums would go sky high IF they would even insure me and if they did I would have to get a alarm system etc.
I am embarrased to say I didnt file. Were that to happen again I would make it my lifes mission to fight it. This was on my homeowners policy and I didnt have the guns listed etc. Seems at the time they would have just paid about $1,500 or so, I really lost about $4,000 worth and she convinced me I would soon pay more in premiums if they would still keep me. I had used her forever, worked with her husband too. My numbers might be a tad off, but without research that was the deal!

 

[Marauder2003]

Were guns the only thing taken? Could you have been talked out of claiming the loss of 3 TV sets?

My reason for posting the original question is do insurance companies treat guns differently than other stuff?

For liability I could see it. I mean, what are the chances of a TV being used to wound/kill someone?

But for plain theft I think a gun should be treated the same as jewelry or other high cost items. Although my RIA 1911 did cost much less that most flat panel TVs.