Firearms appraisal?

[SarcoBlaster]

I'm currently in escrow and met with an agent today to get a quote for homeowner's insurance. I asked if the coverage also included firearms, and the agent informed me that anything worth over $1,000.00 required an appraisal or sales receipt dated in the last 24 months. The firearms I have that fall under that category were PPT's, so the only sales receipts I have are for the DROS, which won't work.

Where would I go to get firearms appraised for insurance purposes?

Any help will be greatly appreciated.

Thanks!

[CSACANNONEER]

A firearms appraiser could help you. Try contacting your loacl FFL and asking who they recommend in your area.

[bsg]

i would also recommend you take good photos that will indicate condition of your items to be insured. as you may know, supply, demand and condition dictate value on any collectible. good luck....

-Brady-

[joepamjohn]

You shouldn't need an appraiser unless you have a lot of real expensive rare stuff you are trying to get special insurance for.

Take lots of pictures showing the model numbers and condition, record serial numbers and store that somewhere other than your house. (safe deposit box) and you should be fine if you ever need to file a claim

[trautert]

Most homeowners policies are like that. If your gun collection is big enough to warrant it, look into collectors insurance (I think one company was collectorsinsurance.com ). They usually let you purchase the amount of coverage you need based on your estimate of replacement value, and only require that you keep an inventory.

A database with all pertinent data and photos is always a good idea, though, both for insurance claims and police reports in the event of theft.
Tom

[Rob454]

You can do a agreed upon value and you pay based on that.

[glockwise2000]

Don't they insure your firearms up to $5000 if you are an NRA member?

[Seesm]

maybe a noterized letter from a FFL as a "expert"

[Once A Marine]

Check into the NRA's Arms Care Plus

From their FAQ:

ArmsCare Plus Firearms Insurance is a supplemental program created specifically to provide protection for your legal firearms and accessories valued up to $1,000,000. The program is available only to NRA members.

Coverage specifically covers firearms and accessories against direct physical loss or damage. Losses such as fire, burglary or theft are covered. Theft from a vehicle is covered when it is the result of breaking and entering a locked vehicle or locked portion of a vehicle.

Firearms under $2,500 do not have to be scheduled and only firearms $2,500 or over must be scheduled but you do not have to provide serial numbers.

What does the policy specifically cover? It provides coverage for your firearms, air guns, bows and arrows, including accessories while in the United States, Puerto Rico, Virgin Islands and Canada. Coverage can be extended Worldwide for any trip. Higher limits are available for additional premiums. Please call for details.

What kinds of accessories are covered? Accessories such as scopes, rings, mounts, slings and sling swivels that are attached to the insured firearm are covered. Accessories also include additional barrels and traps used to catch furbearing animals.

Is there a statute of limitations on reporting a claim? Yes. You must report a claim within (90) ninety days from the date the loss is discovered.

Is the coverage for replacement cost or actual cash value? As of April 2009, the coverage is for the replacement cost of the firearm.

How long does it take to process a claim? All claims will be handled within (90) ninety days of receiving the completed claims information requested.

Questions? Call 1-877-NRA-3006.

How do you take advantage of this exclusive offer? An application is located online at www.NRAEndorsedInsurance.com or call us at 1-877-NRA-3006, option #3.

Note: The above descriptions are a summary and not complete descriptions of all terms, exclusions and conditions in the master policy on file at NRA headquarters.

ArmsCare Plus Firearms Insurance FEATURES FREQUENTLY ASKED QUESTIONS Insurance Program Administered by Lockton Risk Services