Any one has recommendation for insurance coverage for full auto weapon? I use Collectibles Insurance for a few years but they just increase 35% premium this year.I do not think my full auto worth more than 35% this year. So I am looking for other company. Any suggestion?
Eastern Insurance aka Historic Firearms has the lowest rates. They have a minimum premium requirement though which will typically make Collectibles cheaper if you are insuring less than $20k in total firearms coverage. Of course, it sounds like that has changed with this premium increase.
Regular insurance companies you insure your house and car through offer different types of coverage. Either people insure their firearms under their homeowners policy which means they don't know anything about insurance or they are buying a personal articles policy and just paying way too much. The NRA insurance is overpriced too. People buy the expensive personal articles policies and NRA insurance because they aren't insuring enough to realize how much they are being raped.
Regular insurance companies you insure your house and car through offer different types of coverage. Either people insure their firearms under their homeowners policy which means they don't know anything about insurance or they are buying a personal articles policy and just paying way too much. The NRA insurance is overpriced too. People buy the expensive personal articles policies and NRA insurance because they aren't insuring enough to realize how much they are being raped.
