Firearms loss insurance

[krunchnik]

On 5/20/2023 at 10:26 PM, TripleGGG said:

This is who I use. Full disclosure I am a broker and can write for this company but you can insure yourself on their website. 

No appraisal needed for any single item under $25,000. No inventory list or serial numbers required to be submitted to the company. You need to have an inventory with serial numbers, pics etc for claims. Ammunition can be covered as well as knives. 

https://collectinsure.com/other-collections/?gclid=CjwKCAjw36GjBhAkEiwAKwIWySQCCe-1VYunBMPSHvyrFtAaX06jfxVsXLl_asc_sfhKeG6UkgwJrhoCCo0QAvD_BwE

These are the same people I have used for a few years now-

Very reasonable for the amount of coverage-

Haven't had to use the insurance so I have no first-hand knowledge of claim ease-

[hipower]

On 5/22/2023 at 11:02 AM, Johnny Rotten said:

Not sure what the definition of gun collector means, 1,5,15, 30 how many? My toolbox is full of screw drivers/ wrench's/etc, guess I'm a tool collector....lol 

I have FB insurance, I think they offered me 2k coverage under the standard policy, I'm like WTF will that do for me since I have a 1k deductible, that was their way of saying not interested.

 

One of my reasons for looking for coverage elsewhere! Years ago, FB was great. Now...well I'm leaving them, so you can form your own opinions,

[runco]

I too have the NRA Lockton policy and a Cannon safe bolted to the floor.  Might have to inquire about the rates of Lockton compared to collectinsure suggestion.  No complaints with Lockton, just a $$$ comparison.

Backstory how I ended up with Lockton, I live in a small town, and when I went to State Farm to increase my coverage with a rider, I had to give the local office a written inventory of my small collection with my suggested values.  When I presented the rather long list to the clerk in the local State Farm office, she rolled her eyes, and said what an arsenal, and actually stated to me a paying customer why should I need so many guns, and she had never seen such a list of guns....that seriously bothered me, and I started looking immediately elsewhere for insurance.  I wonder how many people she told.  I know one of the best kept secrets on gun security is never telling anyone that you have guns, let alone a collection and not fitting the profile of gun enthusiasts, which I don't.  

The NRA Lockton was 100% through the internet and only asks how much coverage I want, and it asks if I have any one firearm $2500+.  Otherwise very private, discreet and actually was about 50% of the State Farm rate.  I have been with Lockton for 10+ years and State Farm for 30+ years.

[Johnny Rotten]

44 minutes ago, runco said:

I too have the NRA Lockton policy and a Cannon safe bolted to the floor.  Might have to inquire about the rates of Lockton compared to collectinsure suggestion.  No complaints with Lockton, just a $$$ comparison.

Backstory how I ended up with Lockton, I live in a small town, and when I went to State Farm to increase my coverage with a rider, I had to give the local office a written inventory of my small collection with my suggested values.  When I presented the rather long list to the clerk in the local State Farm office, she rolled her eyes, and said what an arsenal, and actually stated to me a paying customer why should I need so many guns, and she had never seen such a list of guns....that seriously bothered me, and I started looking immediately elsewhere for insurance.  I wonder how many people she told.  I know one of the best kept secrets on gun security is never telling anyone that you have guns, let alone a collection and not fitting the profile of gun enthusiasts, which I don't.  

The NRA Lockton was 100% through the internet and only asks how much coverage I want, and it asks if I have any one firearm $2500+.  Otherwise very private, discreet and actually was about 50% of the State Farm rate.  I have been with Lockton for 10+ years and State Farm for 30+ years.

We should start a new thread about insurance, cause SF can suck a D**K for firing my Mom when she came down with breast cancer, 20+ yr employee.