Firearms and Insurance

Firearms and Coverage on the Home Insurance Policy

Owning a firearm which you keep in your home is not to be taken lightly.  All you need to do is watch the nightly news to understand that negligence is a common problem with firearm ownership and one which causes injury and loss of life.

This post is about addressing getting insured for your firearm, what you need to understand the coverage and ensuring that you’re held coverage in the event of an incident, loss or theft.

Home insurance and the sublimit

Because firearms are portable, usually valuable and easy to grab in the event of a robbery, they’re subject to a sublimit.  While they’re considered personal property, they fall under a different rubric than other items in your home.

Your home insurance policy limits your coverage with respect to firearms, in other words.  They’re covered only in the event of theft and usually in the amount of about $2,500.  You may wish for more secure coverage than this, so it’s always a good idea to have a sit down with your insurer to supplement your policy with respect to firearms.

Two excellent options

The first option to obtain more comprehensive coverage for your firearms is to add a rider to your existing home insurance policy.  Riders cover small, valuable items that represent “above and beyond” risk in terms of insurance (easy to grab).  Conditions for riders are, in general, more generous than for standard policies.  It may be that you’ll be able to cover your firearms for more than just theft, with this type of coverage.

A separate policy for your firearms is probably your best bet.  Finding one is a matter of being connected to firearms groups like the NRA (National Rifle Association).  The NRA and associated affinity groups attract insurers seeking niche markets for their products, so you’ll find the best coverage here.


As we mentioned earlier, the nightly news shares cautionary tales about firearms on an almost daily basis.  That’s why it’s so important for firearms owners to consider the liability implications connected to ownership of a weapon, as well as loss, theft, and damage.

Liability is rarely cut and dried and in a litigious environment like the one we live in, relying on the liability portion of your existing policy is probably not enough protection.

If the nightly news isn’t enough to convince you of your vulnerability to liability, google “homeowner” and then look at the news section.  You’ll see numerous results describing legal problems for homeowners who shot intruders and the legal wrangles that resulted.

A personal umbrella policy which provides additional protection against liability is a good way to ensure you’re covered in the event of an incident which involves one of your firearms.

ABCO Insurance Agency

If you’re a firearms owner, then you need to be aware of your options with respect to insurance coverage that protects you against all the things that can go wrong when you have the responsibility of firearms in the home.

For superior support, contact us.  We’ll ensure your covered.

Posted in Blog.