Who has their guns insured?
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JesseL
Member
Anyone who's an NRA member has a little insurance on their guns.
DoubleTapDrew
Member
Plus $1.66/yr for every $100 over the $1000 the NRA gives you.
TexasRifleman
Moderator Emeritus
I have the NRA one too. $1.66/100
ny32182
Member
I checked into coverage a while back from a company called "collect insure", and it seems like they were going to charge me about 150/year for 20K of coverage, which covered the replacement value of each gun, and covered just about every possible way to lose a gun. I've got to move soon, and will buy their services when I do. Its overdue, I should have insured them a while ago.
lucky_fool
Member
I wish I had insured them before I lost them all in that tragic boating accident. 
Cesiumsponge
Member
NRA gives you $1000 default and additional rates are $1.66 per $100 in coverage, no breaks. I am currently documenting all my stuff for enrollment in their ArmsCare insurance.
leadcounsel
member
The other problem is the hassel or "invasion of privacy" of giving a list of your guns with serial numbers to the insurance company.
I don't like that, particularly when there are humans that work for insurance companies and these lists could be stolen, sold, or used inappropriately. This could encourage a breakin. I suppose you'd still be covered, but the principal is violated here. I don't like giving out lists of my guns and serials.
I don't like that, particularly when there are humans that work for insurance companies and these lists could be stolen, sold, or used inappropriately. This could encourage a breakin. I suppose you'd still be covered, but the principal is violated here. I don't like giving out lists of my guns and serials.
SoCalShooter
Member
I do not have insureance except for the NRA. I looked into it and its just to evasive and intrusive, but I understand that is the insurance business. But it would cost me about 600 bucks per year to insure 15,000+ dollars.
DoubleTapDrew
Member
Does insurance even cover acts of Neptune/Poseidon/Pirates?
Thats an issue I have also. To put a rider on your policy for extra coverage they want to document them all. I have heard the NRA ArmsCare coverage doesn't require this. Can anyone who uses it confirm?
Cesiumsponge
Member
I really like the NRA insurance. As long as my individual firearms are under $20,000, I just give them the make/model, and any accessories that attach to the firearm. No serial numbers, no goofy business. That's great, because AR15s and similar firearms can swell to 2-3x their base value based on the scopes or widgets you upgrade them with. According to the fellow I talked to on the phone, NRA's insurance covers aftermarket parts, gunsmith work, scopes, barrels, etc.
I would fathom traditional insurance would only give you base value, and only if you provide serial numbers, go on a date with their ugly best friend, and provide them with your social security number.
I would fathom traditional insurance would only give you base value, and only if you provide serial numbers, go on a date with their ugly best friend, and provide them with your social security number.
Claude Clay
Member
if i could only remember which palm tree i buried them under...
Mojo-jo-jo
Member
I recently bought a "valuable personal property" policy for them from my home owner's insurance company. Many people don't realize, but most home owner's policies will only cover up to $2000 in firearms without an additional rider.
Watch out about the NRA insurance: They only pay estimated value (their calculation) at the time of loss. For about the same price, my insurance company pays actual replacement cost, up to the amount of your coverage. You decide the value of each item, and your premium is calculated based on the values you provide. My policy covers breakage and negligent loss as well.
Watch out about the NRA insurance: They only pay estimated value (their calculation) at the time of loss. For about the same price, my insurance company pays actual replacement cost, up to the amount of your coverage. You decide the value of each item, and your premium is calculated based on the values you provide. My policy covers breakage and negligent loss as well.
Grizzly Adams
Member
I have the NRA rider.
Rem700SD
Member
I've got mine under State farm, comparable rates. The good thing about having an exclusive gun policy is that your guns are covered anywhere, anytime, whether in your house, truck, boat, etc.
marksman13
Member
I do. $15 dollars a year for every $1000 worth of guns. Seems a little steep, but my butt is covered if anything ever happens.
S&W45
Member
I do with the NRA and I have a Renters Policy with my Car Insurance Company.
Theft and fraud
Your firearms are covered under your household umbrella in the event of fire ect, the theft coverage is outrageous due to fraudulant claims. I paid $700 a year for a couple of years and elected to drop the theft coverage and buy a couple of safes. Odds are if you have your guns in safes any theft you experience would probably be outside the home and be only one or two items. Your NRA insurance might cover some of that and you homeowner may cover up to $1000 or $2000 with out having a seperate rider on your policy.
At $50-$100 a thousand insurance cost a safe can be paid for in as little as a year.
Your firearms are covered under your household umbrella in the event of fire ect, the theft coverage is outrageous due to fraudulant claims. I paid $700 a year for a couple of years and elected to drop the theft coverage and buy a couple of safes. Odds are if you have your guns in safes any theft you experience would probably be outside the home and be only one or two items. Your NRA insurance might cover some of that and you homeowner may cover up to $1000 or $2000 with out having a seperate rider on your policy.
At $50-$100 a thousand insurance cost a safe can be paid for in as little as a year.
AR-Trvlr
Member
I use collectible insurance - something like $6 per $1k of stated value per year. Yes, you *do* have to provide a list of S/N's, but I don't sweat that.
NetJunkie
Member
My problem with them, and why they are cheaper than the NRA, is that you can't shoot your guns under their insurance. It's only for collections that don't get used.
Lockton, the people that do the NRA insurance, have a similar policy that is much cheaper than their ArmsCare Plus but has the same restrictions.
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