Hunting Season – A Good Time to Review Your Firearms Insurance Coverage

(?)

Know their risk! Although simply owning a firearm will not increase your insurance premium, it is important to understand that there is still a liability risk if you store it in your home.

(?)

Your hobby is important to you, therefore it’s important to us! Your hunting gear deserves superior coverage! Read on for what you need to know about insuring your firearms.

Imagine coming home to a mess. And we don’t mean the kind of mess where the dog got to a roll of paper towels and shred it to pieces. We are talking about the kind of mess you only see on the news: the pistol your grandfather gave you is gone, and the pump shotgun and deer rifle you were going to take with you on a hunting trip with your buddies? Also gone.

This type of mess may have been caused by a broken pipe, a fire, or by a burglar.  You may have great homeowners insurance that can help cover all three of those disasters in terms of repairing damage to your home, but were your firearms properly insured?

We don’t like to think a catastrophe will happen to us, but there’s good news. The big mess was just a hypothetical scenario. It’s not too late to get Preferred Mutual Guns and Firearms Insurance.

Here is what you need to know about insuring firearms:

Know their value! Firearms, like any other possession, will have limited coverage under your typical homeowners insurance policy, and thereby would be eligible for replacement or reimbursement in the event of a covered disaster.

What about the higher monetary value firearms, though?

Talk with your independent agent today about whether you need additional coverage to insure the firearm to its total value!

Know their risk! Although simply owning a firearm will not increase your insurance premium, it is important to understand that there is still a liability risk if you store it in your home.

While we don’t want to imagine worst-case scenarios, accidental shootings do occur at an alarmingly high rate – approximately 3,800 people in the United States have died from unintentional shootings between 2005 and 2010, alone!

Storing your firearm in your home? Follow these safety measures!

• Keep all firearms locked in a cabinet or safe that cannot be accessed by children or anyone without your knowledge.
• Stored firearms should not be loaded; when not in use, empty all ammunition.
• Equip all firearms with child safety locks.

While these are just a few safety tips, at Preferred Mutual, we believe that taking these steps to protect your possessions, your finances, and your family is just the start to living assured. For more ways to safeguard what matters most, talk to your independent agent today about Preferred Mutual Homeowners Insurance, as well as adding Guns and Firearms Insurance!

* All descriptions of coverage are subject to the actual provisions of the policy, which should be consulted to determine whether any given loss is covered.