Gun insurance

[PeterN]

I was wondering if anyone has a separate insurance policy for theft, loss or damage to their guns or do you cover them within the house contents insurance? I have been adding up what it would cost to buy all my rifles and shotguns again at current market rates and it comes to quite a bit. I paid a lot less for them over the years I have been collecting. My house contents cover is up for renewal and the sum insured would be short if I had to buy all my guns again if they all got nicked or the house burnt down. I have been looking at Gunplan and wondered if anyone has any other suggestions. The current house contents insurance is with Prudential.
Regards
Peter.

[Blackstuff]

Mine are covered mainly by the house insurance which has a £2000 per item standard limit. I currently have one rifle on there as a 'special' item as the rifle and scope combo would (have) cost £4k+ to replace. As I no longer have that scope on it I will be removing it from the high value items list. That insurance only covers them while they're in the house however.

I believe membership of at least one of the organisations i'm a member of gives some limited cover for firearms away from my property but I doubt it would be full coverage.

[Geek]

I didn't have firearm insurance (I did have third party insurance via 3C), always seemed quite expensive, however, when I renewed my house insurance I found out I could add them to that. As 'Blackstuff' above regarding the price limit, I have listed firearms and scopes.

[Pete]

Same here...on the house insurance as "personal possessions" with a £2000 limit per item.

Plus my NRA membership also includes cover for theft and 3rd party liability.

Pete

[Charlotte the flyer]

When I started shooting 10 years or so ago I told my house insurance company that a cabinet was being installed. (On the basis that it was a material fact that I should probably tell them about and also my first rifle was over the single claim limit.) They said that the policy would be cancelled if I installed a cabnet, just installed and not even housing any firearms! I now check the wording to ensure that sporting goods specifically includes firearms and then list any above the single claim limit with basic names.

[IainWR]

NRA individual membership includes shooting equipment to £10k worldwide, as well as public liability £10M. If all you need is the insurance it can be done for a lot less than membership, but it is in effect a decent discount given the limitations of insuring firearms and equipment on your house policy.

[BooBoo]

Peter,

Despite being a member of both the NRA and BASC, I am also with Gun Plan...

It was far cheaper to take out a specialised policy than to try to cover the equivalent value from within a Home Insurance Policy.

It all depends upon the total value held together with the highest value of each or numerous items.

BW...

[PeterN]

Thanks for the replies. I am an NRA and BASC member. I had the values in my head as what I paid for them but you don't seem to be able to buy a Swedish Mauser or SMLE for the £85 each that I paid for them anymore. If you buy one or two guns a year for thirty years and don't sell any, the numbers creep up so current replacement value has gone quite high. I have seen the price Gunplan want but will give the Pru a ring tomorrow and see how much they want to up the value.
Regards
Peter

[Pete]

If firearms are NOT specifically excluded in writing under "sporting goods", and the values per item are sensible, I'd say you'd have a very good case if they wriggled over a claim........

Pete

[Les]

I use Hiscox. I have never made a claim, so I don't know how good or bad they are when the brown stuff hits the fan.