Frequently Asked Questions:
We have compiled this very short list of frequently asked questions from our real life experience. Please contact us if you have a question that is not answered here.
How much do I need to insure for?
You should choose a sum insured that represents the value of ALL of your guns and accessories. The values chosen for items that are in current production should be the new replacement cost of those items, for older out of production items the value chosen should be the market value as determined by the various gun trading websites. To expand further on this point, if a rifle that had been out of production for 50 years was stolen the claim would be based on the value of similar items in the market, (which for a 50 year old gun would be likely to be far more than its original cost). Please ensure you are selecting the correct sums insured on your policy and remember it can assist with claims if you have recent invoices or valuations, insurers do not insist on valuations in all cases, but recommend where possible that you have.
How will claims be settled?
Assuming that you have chosen the correct sum insured as outlined above, claims will be met by either repairing the damaged item or providing the replacement cost of items beyond economic repair.
What about claims where I have sets and pairs?
Again assuming the correct sums insured have been chosen, claims will repair or return the sets or pairs to the item's value and level immediately prior to the loss.
Can I pay annually?
Sorry, no. We have set up our scheme with the twin objectives of providing excellent cover at a reasonable cost to you; by requiring premium payment monthly by direct we can automate the process and reduce our time cost.
Does my household insurance cover my guns?
Home insurance can cover high value items that have been named and declared and it is possible to extend such cover to operate outside of your home. However guns normally fall under the heading of 'sporting items' and typically cover is excluded when sporting items are in use and this is of course when they are most at risk; we suggest that you carefully check your policy wording and if in doubt ask for written confirmation from your broker or insurer, as well as confirmation of the basis of claims settlement, as above.