Firearm insurance

[freesoul]

I work for State Farm and as already stated we usually cover up to $5000 in firearms under a home owners policy. The catch is this, its only covered if they are stolen or lost in a covered peril at the home. What you really want to look into is called a personal articles policy which will cover your collection anywhere at any time.

The "limit" that is often mentioned in regards to a homeowners policy and guns- this limit only applies to theft. Your guns are covered under your personal property clause just like any of your property- for the covered perils and not just on your insured premises but typically anywhere.

Backed by Lloyd's? Nice.

Being insured by a Lloyds company just means that no one else would insure it.

They use to be backed by Lloyds. Now the underlying policy is by United National Specialty Insurance Co, of Bala Cynwyd, PA,

For those relying on their homeowners policy, in addition to the limits of insurance also consider that any firearm loss is subject to your deductible.

This is true, a deductible applies unless you have them insured on a rider without a deductible.