Agent, Rural Mutual Insurance Co., Union Grove, WI
If you have the guns scheduled on your home owners policy. Your policy should cover the valuation of the guns less your deductible the same as your other personal property. As always read your policy completely to know what coverage is provided and what exclusions there may be or call your local agent to have them explain the coverage provide and exclusions within your policy.
Typically if you have your firearms scheduled (individually listed and paying additional premium) your deductible will not apply. Otherwise (if not scheduled) your firearms are usually covered under your standard personal property coverage, and your deducible will apply. This way there is typically a per item cap. So lets say the per item cap is $1,500, and you have a firearm of $2,000 stollen from your home, you would only have $1,500 of coverage minus your deducible.
Some insurance company do ask if you own any firearms such as Electric Insurance Company (owned by G.E.). The answer to this question my exclude coverage if not scheduled.
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Some insurance company do ask if you own any firearms such as Electric Insurance Company (owned by G.E.). The answer to this question my exclude coverage if not scheduled.