How much does gun insurance cost?
Our entry plan, Silver, gives $20,000 in blanket/unscheduled firearm & accessories coverage and carries a $500 deductible per occurrence/claim. The blanket/unscheduled coverage has a max per item limit of $10,000. The annual premium for this plan is $115 + $15 admin fee.
Our next plan is Gold, which carriers the same coverage as Silver however the limit is increased from $20,000 to $48,000. The annual premium for this plan is $150 + $25 admin fee.
For individuals requiring a limit over $48,000, have items over $10,000, or wish to add trophy coverage for taxidermy collections, then we use our Premier plan. The coverages remain the same as the Silver & Gold policies however the cost is determined by the total collection limit. Below are annual premiums based on collection size and a $500 deductible per occurrence for both guns and trophies/hunt replacement.
– $155 + $25 admin fee: Up to $50,000 in coverage
– $283 + $35 admin fee: $100,001 in coverage
– $550+ $45 admin fee: $250,001 in coverage
– $875 + $50 admin fee: $500,001 in coverage
Written by Cole Cushman
Co-Founder
Cole Cushman found his passion for hunting at just 11 years old. His extensive gun collection can be traced back to when he received his first rifle at 15, a Browning medallion 7mm. In 2007, Cole decided to merge his personal love for hunting with his professional career in finance by starting Gun & Trophy Insurance.