Insurance for bows?

[rbcorbitt]

I have insurance for firearms and the accessories attached for them, but as I invest more into custom bows and archery equipment, I wonder if there are companies/policies that cover bows?

Any experiences out there?

[Derrick in Missouri]

The company that you have the firearms insured in wont cover them???  My insurance is a cannon safe and alarm system on my house!!! 9mm,357mag,or 12gauge if im home    Cannon safes have a fire,water,and theft warranty on the safe and its contents..

[bowless]

Your homeowners insurance might, as long as everything is documented.

[Rick Saar]

Discuss it with your insurance agent. To fully insure your archery equipment, you may want to specifically schedule these items for coverage.

[frassettor]

My homeowners covers them

[Raineman]

Rich Lopez (Droptine59...who is in the insurance industry) did an extensive write-up on insuring bows. I think it might be in the History/Collecting forum if I remember correctly. I'll try and find it.

[Bladepeek]

I discussed firearms insurance rider with my auto/home insurer. Annual premiums were more than the cost of a top-of-the-line big safe. Maybe bows would be cheaper.

[Raineman]

Here is a link to what I spoke of in the previous post.

 http://tradgang.com/cgi-bin/ultimatebb.cgi?ubb=get_topic;f=14;t=001791#000000  

Very good discussion about insuring bows by Rich, Wade, John, and others.

If you do a search here under "insurance" in the History/Collecting forum, you will get plenty of info.

[graybarkhunter]

Somebody broke into my house and walked right by my bow on the floor and got my TV .. Thought about putting my guns, bows on my homeowners but I must not need too               I would give up my tv any day before I gave my bow

[Terry Green]

Ask Ray Hammond...he knows insurance up and down - backwards and forwards - inside and out.

[manitou1]

Actually, I purchased a $10,000.00 rider for my guns and it was very inexpensive.
Homeowner policies usually only cover about $5000 in guns, jewelry, etc... and usually have a cap on individual items, thus the need for a rider.  At least this has proved correct with my last two insurance companies.

[Steve Chappell]

I am in the insurance business in MI.  My advice to everyone is to talk to your insurance agent before something happens and discuss your options and costs then proceed in the manner that is best for you.   Without getting too technical or lengthy, every Homeowners policy has exclusions (things or events that are not covered) and limitations including the maximum amount they will cover including how much will be paid for specific items such as money, bank notes, gold, silver; loss by theft of jewelry, watches, furs, guns and a lot more.  Bows and archery equipment are not identified like theft of firearms.  Get your insurance policy out and read it...but not at bed time as it will put you to sleep.  Also, one need keep in mind that damage and mysterious disappearance of personal property (things you own including expensive bows) are normally not covered with a Homeowners policy but normally can be if insured properly.  Again talk to your insurance agent...but do it before something happens.  Anything custom, high value, antique, rare, unique, etc. that you want to replace or be paid a certain amount if damaged, stolen, lost, etc. discuss those with your insurance agent...again before something happens. Insurance cannot go back and cover things that have already occurred!  You notice I used a lot of "etc."  and "normally"...that is because insurance is very complex and varies by company and by state.  I am an owner of and independent insurance agency. Independent insurance agencies represent many different insurance companies and therefore are able to offer many different options. Find an insurance agent you know, like and trust...and let them help you.

[rbcorbitt]

Thanks for the input.  Not so worried about at home - have the safes and alarm system.  Was thinking more along lines of insurance while traveling to/from hunts.

I now have bows that I have spent more on than some of my firearms, and were built to by specifications, so they have value to me.  

Will be with Ray in 3 weeks.  Will discuss this when not hunting pigs and/or coyotes.  

Thanks again!

[WidowEater]

Top of the line safes are a piece of crap compared to a rider on a homeowners policy.  However if the safe company will guarantee the contents in the case of theft or fire then have at it.

In my experience, dealing with insurance companies is downright pleasurable compared to dealing with manufacturers warranies.

Pick your poison.

[David Mitchell]

Is the alarm system connected to the phone line, rbcorbett?  Is the phone line accessible so it can be cut?  If so, you really have no alarm system.

[TOEJAMMER]

Most top of the line safes that I am familiar with insure the safe against attempts at break in, fire, flood etc.. but do not insure the contents.

[arrowlauncherdj]

I would be more interested in covering for breakage than theft.  Not many I know would steal a custom recurve as no one but a fellow shooter would even know what to do with it. And most fellow shooters have more respect than that.  

[rbcorbitt]

Having had custom hunting handguns "disappear" on airline flights (airline starts with D and ends with A), I am more concerned about insurance traveling to/from hunting destinations.

Again - not worried about at home.  I've got that covered with safe if I'm away, and (several) tactical handguns and shotguns if I am home.

Thanks for your input!  Will consult with insurance agent!

BC