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-   -   Gun Insurance (https://parkerguns.org/forums/showthread.php?t=25447)

Robin Lewis 03-20-2019 03:38 PM

Quote:

Originally Posted by Eric Eis (Post 269463)
This was a question I asked Jack before his death, as I wanted to give my Boss shotgun to a smith at the Southern to take back with him but he didn't want to as he didn't have enough transit insurance. Jack said to me"Eric, you are covered period" He said it doesn't matter where the gun (or guns) is, it's covered period. So that's why I have Eastern insurance covering my guns.

That is the same message I got from Jack too. Hunting, shooting, shipping, shows, fire or theft. I called him about shipping a gun to someone interested in buying it and he said until he accepted the gun after the inspection it would be insured under my policy. So, I didn't need the insurance the shipper or US Mail sell. That was when I knew I had something good.

Eric Eis 03-21-2019 05:32 AM

Quote:

Originally Posted by Robin Lewis (Post 269466)
That is the same message I got from Jack too. Hunting, shooting, shipping, shows, fire or theft. I called him about shipping a gun to someone interested in buying it and he said until he accepted the gun after the inspection it would be insured under my policy. So, I didn't need the insurance the shipper or US Mail sell. That was when I knew I had something good.

I've said this before and I'll say it again no I don't like writing the check but I sure do love the piece of mind I have when I'm at a shoot or hunting or even shipping a gun (which I rarely do ) and know that my guns are covered and I'm not going to have to fight to get a settlement like other insurers. For the couple of bucks a day that it costs me to insure my whole collection is a small price to pay.

Paul Ehlers 03-21-2019 09:26 AM

I just renewed my Eastern policy. It sure gives me a nice overall piece of mind knowing I'm insured for most circumstances.

Keep in mind that there is one circumstance you aren't covered for and that's government confiscation. I ran into this with a VHE-20ga I bought on Gun Broker a couple of years ago from a dealer in Maine. Six months after I had the gun in hand the local police showed up at my door with a court order from Maine to take the gun because it was reported as stolen in Maine. It's a long story but the short version is; I lost the gun & the money I paid for it. My eastern policy wouldn't cover it due to the clause for government confiscation. It still hurts every time I think about it.

Randy G Roberts 03-21-2019 10:53 AM

Quote:

Originally Posted by Paul Ehlers (Post 269546)
I just renewed my Eastern policy. It sure gives me a nice overall piece of mind knowing I'm insured for most circumstances.

Keep in mind that there is one circumstance you aren't covered for and that's government confiscation. I ran into this a couple of years ago with a VHE-20ga I bought on Gun Broker a couple of years ago from a dealer in Maine. Six months after I had the gun in hand the local police showed up at my door with a court order from Maine to take the gun because it was reported as stolen in Maine. It's a long story but the short version is; I lost the gun & the money I paid for it. My eastern policy wouldn't cover it due to the clause for government confiscation. It still hurts every time I think about it.

Well that's an odd one for sure Paul. If it makes you feel any better and it will not you would most likely have that same exclusion in any policy with any carrier, not just Eastern and there will not be a buy back provision on that one. Theft has been mentioned a couple of times here. Along that line Eastern does have an exclusion pertaining to "unattended vehicles" as do most carriers. Theft from an unlocked vehicle with no signs of forced entry, no coverage ! Keep those vehicles locked fellas.
I stated earlier that I was not picking on Travelers, same for Eastern. Both are good products and they all have their quirks. Just pointing a few things out.

Paul Ehlers 03-22-2019 09:50 AM

I'm not picking on Eastern either, I'm very comfortable with their policy & think they offer some of the best coverage for collectors out there. I really like the coverage for shipping guns & while on hunting trips both domestic & internationally. You made a good point; always keep them locked up!!!!!

I just wanted to make the point that having insurance doesn't mean your covered for all possible situations. Be sure to know what your policy actually covers.

Justin Julian 03-24-2019 09:43 AM

Interesting thread.
Anyone care to throw out the annual cost of the Eastern insurance per, say, $100,000 of coverage?

Robin Lewis 03-24-2019 10:11 AM

~$350

Garry L Gordon 03-24-2019 11:35 AM

Quote:

Originally Posted by Randy G Roberts (Post 269557)
Well that's an odd one for sure Paul. If it makes you feel any better and it will not you would most likely have that same exclusion in any policy with any carrier, not just Eastern and there will not be a buy back provision on that one. Theft has been mentioned a couple of times here. Along that line Eastern does have an exclusion pertaining to "unattended vehicles" as do most carriers. Theft from an unlocked vehicle with no signs of forced entry, no coverage ! Keep those vehicles locked fellas.
I stated earlier that I was not picking on Travelers, same for Eastern. Both are good products and they all have their quirks. Just pointing a few things out.

So, Randy, is a locked vehicle considered "attended?"

Eric Eis 03-24-2019 01:06 PM

Yes if you have Eastern not sure about others

Randy G Roberts 03-24-2019 06:13 PM

Quote:

Originally Posted by Garry L Gordon (Post 269842)
So, Randy, is a locked vehicle considered "attended?"

Garry generally speaking that would be correct for most carriers. I'm going to refrain from saying all carriers as there's always the odd ball.


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