Home owner's insurance

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jr45

jr45

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Can anyone recommend a good homeowner's insurance company that is gun friendly? I just tried to purchase a gun rider policy from Traveler's Insurance (which is my current homeowner’s insurance) and they informed me that they will not cover me because of the “Assault Weapons” :barf:I own…three AK-47 semi-autos. It is time to find another insurer for my home.

Note: I did send in the policy application and payment to the NRA insurance program.
 
That is ridiculous, but I support the idea that they can run their company however they choose.

When I was shopping, the NRA had the best insurance rates for firearms.
 
You'll need to read your policy to see what your coverage is. Most have a limitation of around $2500 total, unless you buy a rider for more coverage. Someone on another thread, either here or TFL, had mentioned a firm that writes policies for guns, art, etc - things that have great value and are usually hard to insure....a search might help
 
I asked about coverage under USAA. The rep said that $2,000 was the limit. She then proceed to ask how many guns I owned. I didn't tell her. I didn't really understand why that information was necessary since $2,000 was the limit. She also said, "Well, I'm glad I don't live near you haha." I didn't understand what the meant either. There was too much grab ass going on. So, I passed.
 
Thank you for the responses. I was trying to add a rider for my firearms but was caught by surprise that they (Travelers) would not provide me a rider because what they consider assault weapons.

I am looking for a new insurance company that is gun friendly to cover both my home and guns...I will not keep Travelers due to their ridiculous views on firearms.
 
I have Hochheim Praire Farm Mutual Insurance Association. I had to list each firearm, serial number and value for a rider on my policy. I like them. John
 
I asked about coverage under USAA. The rep said that $2,000 was the limit. She then proceed to ask how many guns I owned. I didn't tell her. I didn't really understand why that information was necessary since $2,000 was the limit. She also said, "Well, I'm glad I don't live near you haha." I didn't understand what the meant either. There was too much grab ass going on. So, I passed.
Click to expand...

USAA insurance is as good as it gets. Do a search and you will see plenty of positive comments here about their service.

She means, if you tell them someone stole your $3000 gun, they'll only give you $2000 on it because that's the limit. If you get a special property rider, you can insure anything you want. They need the serial number and a general description for any item you want covered up to $10,000. For individual items over $10k, they want a good bit more info.

That's perfectly reasonable to me. You can't very well expect someone to insure something if you won't tell them what it is, or what kind of shape it was in, etc.

fwiw, I don't insure all my guns with USAA, just the expensive ones. The really great thing about them is that they also insure optics, suppressors and electronic gun stuff. So if my $900 swarovski laser range finder goes Tango Uniform after the warranty expires, i can still submit a claim to USAA for a replacement. Same for if I drop my US Optics SN3 and break it, etc.
 
USAA has automatic coverage of 10,000 dollars for guns on my HOA policy. The rep said if I needed more just ask em when I need it.
 
At least in Arizona, State Farm is firearms friendly. Normal homeowner's policies have nominal coverage, but a rider is required for collections of signficant value--can't remember where the break-point is. Something like
$5K. The proprietor of one of the local shops specializing in full-auto weapons, has his personal collection of NFA weapons insured through State Farm with no problems or issues.
 
I'm purchasing an Armscorp policy. It doesn't require any identification of individual guns under $2,500 each and is reasonably priced. Google 'em. You have to be an NRA member.

With any policy make sure it covers both theft and destruction. My USAA policy covers $10,000 for destruction, but less for theft.
 
Thanks mongo. Those rates are great...I mailed the application with payment to the NRA program ($275) earlier this morning:confused: Does colletibles require receipts for every gun?
 
Does colletibles require receipts for every gun?
Click to expand...

No, they just want a detailed description without serial for the insurance coverage. With a payout, they would want a police report which would include serials of course. Since it is a stated value policy; the receipts are not as important.
 
I understand that insurance for gun theft is one thing that insurance companies
try to avoid.I'm looking for A company that will cover,C.P.L holders with personal
protection,in case you have to use your weapon,will pay for lawyer,and any bonds
that may be posted.Not that I intend to use deadly force,ever.But if the need should arise,it would be nice to know that you have insurance, to help.AAA has insurance
to cover you in the event,that you are robed,you can put in a claim for what was taken
from you and they will reimburse you
 
For homeowner's, I also would say State Farm is good (and I'm a claims adjuster for a different insurance company). I cannoy stand USAA because of the way they insure roofs here in the midwest (no flat deductibe but rather the homeowner pays a % of their home value as their roof deductible); not gun-related but worth mentioning.

On the "stated value" of the collectibles insurance policy, do they outright pay you what your claimed value was when you took out the policy? I ask, as most "stated value" policies I have seen (for antique autos and jewelry) pay the lesser of the replacement cost OR the stated value of the policy, meaning that the stated value is jusy a limit placed on their payout.

Example 1: Stated value is $1000, item books out at $800, insurer pays $800.
Example 2: Stated value is $1000, item books out at $1200, insurer pays $1000.
 
Broncobob, you brought up a good question. From what I've read a number of insurance companies take the attitude that liabilty arising out of self protection is not an "accidental occurence" and therefore isn't covered. They consider self defense to be a deliberate act and not covered by the homeowners policy or even a personal umbrella.

Whenever you buy a homeowners policy you MUST ask your agent if self defense is covered. Then ask what the "internal limits" are on firearms. The basic homeowners policy will usually cover only $500-$1000 worth. And your firearms are subject to the basic deductible that applies to your home, normally a percentage of the value of your home such as 1%. That means that if you have a $100,000 home then your deductible is $1,000. That deductible applies to all covered losses. There also is limit for "off premises" coverage.

My suggestion is to buy a "Personal Articles Floater" (that's the proper name, not a rider which are only found on life insurance policies). A PAF covers from first dollar, is not subject to the deductible on the main policy, and normally applies on a world wide basis. This is also called "scheduling" your items. The PAF can cover jewelry, bullion, cameras, musical instruments, sporting goods including firearms, etc. It's up to each company to decide what they will insure on a PAF.

There is a lot more to know about this and it's worth your time to study and ask questions.
 
Mongo, thanks for the information!!!!

I was about to send in a payment to Armscare but Collecibles is 60% less! Wow.

Thanks!!!

Edit: Actually, after reviewing the application it does require a list of inventory, which is what I want to avoid. I'll go with Armscare which doesn't require a master list. My concern is that if a nafarious person or agent gets the list and location you could be subject to robbery or worse.
 
Buck Nekkid said:
My suggestion is to buy a "Personal Articles Floater" (that's the proper name, not a rider which are only found on life insurance policies). A PAF covers from first dollar, is not subject to the deductible on the main policy, and normally applies on a world wide basis. This is also called "scheduling" your items. The PAF can cover jewelry, bullion, cameras, musical instruments, sporting goods including firearms, etc. It's up to each company to decide what they will insure on a PAF.

There is a lot more to know about this and it's worth your time to study and ask questions.
Click to expand...
Yes, this is the correct information. I should have pointed it out myself earlier.
 
I would suggest that you have an insurer different from the company that insures your home/cars. I have found that with "speciality" items (guns, boats, antiques, etc) it works out better to go to a company that deals specifically with those items. it usually works out better since that is their domain.
 
You can keep USAA for homeowners insurance. They are bad. They will not insure more then 2,00 for firearms. Then they give you a 2% deductible for wind and hail damage (on my house that is 4,250) That is nuts.

I am looking for a new policy starting tomorrow...
 
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