Extra Firearms Insurance

[crob]

Question for you folks, do you guys buy extra coverage through your homeowners insurance, or do you buy coverage through a third party? If purchased through a third party, which one and why? Finally, how do you deal with values of off-roster handguns? I know if you need to make a claim they will try to use replacement cost, but let's be honest, values are different here...Thanks in advance

[Devilock04]

[morrcarr67]

I have some through my homeowners policy, not enough though.

As for replacement cost, it can be shown what it would cost to replace most guns in CA. Though it would be much easier if people stopped deleting that info once they sell something.

[vino68]

There many threads about this. I and several of us use Collect Insure. They allow for asset value increase, cover ammo, edge weapons, and optics. Also cover fire.

[crob]

Thanks for the quick responses

[L84CABO]

This question comes up all the time and Collect Insure and Eastern are usually the top two picks.

It's usually much cheaper to go with a company that specializes in firearms insurance than it is to add a rider with your standard home insurance company. The firearms companies also don't usually require serial numbers on the guns like a home owners company usually does.

I've been with Collect Insure for a number of years. They've been easy to work with but I've never had to file a claim yet. Remember to add up all the holsters, optics, pouches, cases, accessories, etc. That stuff adds up quick.

[DDM4556]

Amen. I hate that. I always leave the listing with the price so that it can be referenced by others looking to determine market pricing in the future.

Though it would be much easier if people stopped deleting that info once they sell something.

[Kings4sap]

[cz74]

This is a general comment on homeowner insurance, a friend filed a claim couple years ago for stuff stolen during a home burglary. The company kicked them out after closing the case not allowing them to renew, and during the sale of their home, it has to be disclosed that this property once had an insurance claim filed.

[morrcarr67]

This is a general comment on homeowner insurance, a friend filed a claim couple years ago for stuff stolen during a home burglary. The company kicked them out after closing the case not allowing them to renew, and during the sale of their home, it has to be disclosed that this property once had an insurance claim filed.

Are you sure about that. I couldn't find anything about that in the State of California Department of Real Estate Disclosures in Real Property Transactions book.

https://www.dre.ca.gov/files/pdf/re6.pdf

[cz74]

Are you sure about that. I couldn't find anything about that in the State of California Department of Real Estate Disclosures in Real Property Transactions book.

https://www.dre.ca.gov/files/pdf/re6.pdf

Yes when we bought a townhouse 20 years ago, the disclosure documents showed a previous homeowner insurance claim for a theft, we thought strange then our friend had similar situation

[duckman1]

If you suffered structural damage to the building it must be disclosed. This could also have triggered an insurance claim.

For a while in CA if you had a prior water damage claim it was extremely difficult to secure a HO policy.