Cemeterys Gun Blob 165 Posted February 11, 2011 Uncle has a post about Traveler's insurance being *anti gun*. http://www.saysuncle.com/2011/02/11/travelers-insurance-anti-gun-2/ After lengthy communication with my broker who pointed out that the firearm in question is perfectly legal, and in fact, one of the most commonly owned rifles in the US, Travelers then modified their position, stating that this firearm was “undesirable” and that unless I sold or otherwise relinquished my ownership of this firearm, they would decline to continue BOTH my homeowners policy AND my umbrella coverage Anybody ever have problems with insurance coverage for Firearms? On a side note, I have Traveler's for car insurance as default, since they bought up First Trenton, but they're the most affordable for insurance here in NJ that I've found. Quote Share this post Link to post Share on other sites
Krdshrk 3,883 Posted February 11, 2011 Never had that issue, and I have Traveler's too. They don't know I own guns though... That being said, I'm going to look over the policy when I get home... Quote Share this post Link to post Share on other sites
savageshooter 10 Posted February 11, 2011 I use Geico for my renters insurance. My policy gives me $5000.00 in firearms coverage, on top of regular insurance for household items, plus $100,000 in liability. Cost is around $160 annually. Quote Share this post Link to post Share on other sites
smoothie 0 Posted February 11, 2011 Hmm... I have Allstate and they dont know I have guns either. Looks like I am gonna have to read the policy..... Quote Share this post Link to post Share on other sites
Jon 264 Posted February 11, 2011 I have NJM... I believe the limit is $2000 on firearms. I should really find a rider for em... Quote Share this post Link to post Share on other sites
civictuner04 6 Posted February 11, 2011 i have travelers, my original policy only covered $1500 for guns i added a rider to it to cover me to 20k if something happens. the next bracket up was 50 or 100k and the was ALOT more money that it wasnt worth it to me. ill just have to take a little hit but i was shocked when my broker told me my current coverage was $1500. Quote Share this post Link to post Share on other sites
Krdshrk 3,883 Posted February 11, 2011 $1500 for guns isn't bad, when combined with my additional coverage from the NRA. That's more than enough to cover my guns - I don't have that many yet.... Quote Share this post Link to post Share on other sites
e80hydro 120 Posted February 12, 2011 I have NJM... I believe the limit is $2000 on firearms. I should really find a rider for em... I never paid much attention to my homeowners firearms coverage until a gun magazine last year ran an article on it. Sure enough, $2000.00 maximum on most policy's, including mine. Quote Share this post Link to post Share on other sites
JohnKimble 4 Posted February 12, 2011 Franklin Mutual will offer 10k of firearms coverage for about $30 per year when attached to a homeowners policy...look into it, they offer other levels as well. Franklin Mutual is a good, local company with solid AM Best ratings. Only covers for theft. Quote Share this post Link to post Share on other sites
PK90 3,573 Posted February 12, 2011 My link 1 Quote Share this post Link to post Share on other sites
Maksim 1,504 Posted February 12, 2011 I wonder if I can get one of the companies I work with to start offering firearms insurance in particular... granted, i dont do any property and casualty now. Check the policies, see if you can amend the policy to increase limits. NRA's coverage is good too. Quote Share this post Link to post Share on other sites
Krdshrk 3,883 Posted February 12, 2011 I didn't see anything in my policy specifically covering firearms. Just a general amount on personal property ($50K). Quote Share this post Link to post Share on other sites
sig2009 3 Posted February 12, 2011 My policy with Hanover covers all my firearms with a value of $499 or more. Quote Share this post Link to post Share on other sites
JohnKimble 4 Posted February 13, 2011 I didn't see anything in my policy specifically covering firearms. Just a general amount on personal property ($50K). Most likely your firearms are covered up to either 1500 or 2500...look into it. Never just assume with insurance. The underwriter just has to point out that you dont have that coverage in a claim situation. Quote Share this post Link to post Share on other sites
bsdbb 0 Posted August 9, 2012 i currently own 6 firearms and i dont know were to start looking for insurance. nra? njm? or look at works insurance. HELP PLZ Quote Share this post Link to post Share on other sites
TheLugNutZ 21 Posted August 9, 2012 I can do a policy specifically scheduling specific firearms. So therefore if there is a claim you dont have to pay a deductible (if you chose that option) and you can keep the claim seperate from your homeowners/condo/renters insurance policy. If anyone wants some info, PM me. I sell insurance for a large very well known company. Quote Share this post Link to post Share on other sites
Kingsoverqueens 10 Posted August 9, 2012 The limitation on firearms is for the perils of "Theft, missplacing or loss of firearms." Otherwise they are considered personal property and covered just like your kitchen table. Every company and policy is different so you should always READ YOUR POLICY. Quote Share this post Link to post Share on other sites
NJDrew1 0 Posted August 9, 2012 i currently own 6 firearms and i dont know were to start looking for insurance. nra? njm? or look at works insurance. HELP PLZ If you're a member of NRA, you have the option to select $2500 in arms insurance at no charge. You can increase that amount as you need to in order to cover your entire collection. Quote Share this post Link to post Share on other sites
NJScott 15 Posted August 9, 2012 My link Thanks a million for the link, Paul. I neglected to visit site and activate my $2,500 coverage, so this was a good head's up! Quote Share this post Link to post Share on other sites
bsdbb 0 Posted August 10, 2012 thx looking into the nra insurance b/c im not a home owner Quote Share this post Link to post Share on other sites
raz-0 1,265 Posted August 10, 2012 thx looking into the nra insurance b/c im not a home owner You can get a rider on renters insurance. If you don't live like a college student and have real stuff in your apartment, renters insurance is the deal of the century when your neighbors BBQ indoors. You can get a lot of coverage for $20 a month Quote Share this post Link to post Share on other sites
TheLugNutZ 21 Posted August 10, 2012 thx looking into the nra insurance b/c im not a home owner You can get a rider on renters insurance. If you don't live like a college student and have real stuff in your apartment, renters insurance is the deal of the century when your neighbors BBQ indoors. You can get a lot of coverage for $20 a month I can actually do a policy even without renters insurance. A policy just on the guns themselves. For example, I have about $2000 in coverage currently and with NO deductible I think i pay around $60/year. Quote Share this post Link to post Share on other sites
raz-0 1,265 Posted August 11, 2012 I can actually do a policy even without renters insurance. A policy just on the guns themselves. For example, I have about $2000 in coverage currently and with NO deductible I think i pay around $60/year. Hehe. $2000 in firearms coverage. Hehehe. I dropped my rider and went with a dedicated policy with a company that understands firearms. Costs more, but it will actually cover my stuff. Quote Share this post Link to post Share on other sites
reloaderguy 30 Posted August 11, 2012 My homeowners policy covers any and all with a value over $499 with no extra charge! I keep the NRA ins for those valued under $499. Quote Share this post Link to post Share on other sites
TheLugNutZ 21 Posted August 12, 2012 My homeowners policy covers any and all with a value over $499 with no extra charge! I keep the NRA ins for those valued under $499. Here is something to keep in mind for everyone in here. The deductible. I know nothing about what company actually insures you through the NRA, havent looked into it, so I cannot comment on them or their policy. Most policies will have a deductible, especially the ones that are saying that their homeonwers/renters has included coverage. Usually what is included will only cover very certain perils (forced entry/break-in, fire, water) and will typically carry a $500-1000 deductible. Does anyone here know the details on the NRA policy? If not and you are relying on it to cover a substantial amount of firearms you should really make sure its the correct coverage that you need. Same to everyone else here, make sure you know what you are covered for. One other thing to keep in mind is ammunition. Is that covered and at what deductible/limit? Typically that would fall under General Personal Property on a homeowners policy. Quote Share this post Link to post Share on other sites
usnmars 136 Posted August 12, 2012 I have a seperate insurance policy through a collectors specialty company( I cant remember the name right now) and they are awesome when it comes to insuring a collection. Only items valued at over $2000 I have to take pictures of and Items valued over $5000 I have to have inspected. The lower end stuff under $2000 they dont need an inventory of, only the high dollar stuff. When I get home I will look at my policy stuff and give details of it. Quote Share this post Link to post Share on other sites
TheLugNutZ 21 Posted August 12, 2012 Hehe. $2000 in firearms coverage. Hehehe. I dropped my rider and went with a dedicated policy with a company that understands firearms. Costs more, but it will actually cover my stuff. Hey man i just started Well now that the AR is done I can add a grand or so on top Quote Share this post Link to post Share on other sites
NJSigfan 219 Posted August 13, 2012 I have a seperate insurance policy through a collectors specialty company( I cant remember the name right now) and they are awesome when it comes to insuring a collection. Only items valued at over $2000 I have to take pictures of and Items valued over $5000 I have to have inspected. The lower end stuff under $2000 they dont need an inventory of, only the high dollar stuff. When I get home I will look at my policy stuff and give details of it. I would love to get the name of this company. Do they insure all collectibles or just firearms? I have a nice collections of sports memorabilia and my wife has a substantial barbie collection. Quote Share this post Link to post Share on other sites
DevsAdvocate 112 Posted August 13, 2012 State Farm has a firearms coverage starting at $5000 and with discounts if you own a gun safe. Quote Share this post Link to post Share on other sites