Guns and homeowners insurance
 

So now that I have a few guns in the house it suddenly dawns on me that I hadn't thought about any implication this might have with my homeowners insurance. It's been awhile since I got the policy and had to answer all those questions re: do you have a pool, pitbull, etc.?. You know, all the stuff they use to jack up your rates or cancel you outright. At the time I didn't have a firearm so I can't really remember if they asked about firearm ownership. Don't want to call and ask my agent lest I wake a sleeping tempest yet I don't want to make my insurance void were something to happen on my property such as a break in where I might have to use the firearm. I live in FL so my rates are already sky high and I can't really afford a rate hike. Anyone with any knowledge on this?

Re: Guns and homeowners insurance
 

Call them and ask...my homeowners policy covers up to $2500 on firearms.

Re: Guns and homeowners insurance
 

No homeowners I've ever heard of charges you MORE for having a gun, anymore than they would a chainsaw or an extra TV set....it's just property, man.

If you want THEFT coverage, you may well have some limits of coverage in your basic policy, firearms being a favorite item of interest, along with jewels, cash, etc, with crooks....so you may want to read your policy and see if that is the case, then take out a extra rider if theft is a reasonable chance where you live.

Re: Guns and homeowners insurance
 

Yep, I'm covered for 'x' amount for 'property' other than my house such as furniture, personal items, etc. (including guns).

:wink:

Re: Guns and homeowners insurance
 

I think I recall seeing a limit of $2500 for guns in my policy. Cash, gold, silver etc is usually $200.

Re: Guns and homeowners insurance
 

If your worried they will penelize you... Read your policy befor calling and alerting them to the fact. Then find another insurer.
If you want to have coverage in case of theft - think twice as you are effectivly registering your guns as they will want serial numbers and perhaps even pictures if it is a large amount - plus you will have to buy a separate policy rider which is expensive - so... use the $$ to buy a big honkin safe!!!

Re: Guns and homeowners insurance
 

The only way your rates would go up if you had firearms would be if you added a ridder. Depending on how many guns you have it may be a good idea to get a firearms ridder.

Re: Guns and homeowners insurance
 

no they dont need serial numbers.
YOU need to record your own numbers.
photos are also a good idea.

Re: Guns and homeowners insurance
 

ArmsCare Plus. Annual cost is $1.66 per $100. So $10,000 of insurance costs you $166/year, or $13.84/month. Linky:

http://www.locktonrisk.com/nrains/armscare.asp

I don't have this insurance (yet), so I don't know how they'd appraise the value of your stash. I imagine they'd use the blue book like they do on GunBroker. FWIW....

Re: Guns and homeowners insurance
 

They have a pretty decent magazine too. I especially like the stories about "how I shot the bad guy". They're sometimes comical.

Re: Guns and homeowners insurance
 

a firearms ridder is a politician like Feinstein or Metzenbaum.

a firearms rider is a modification to a contract of insurance-