All of us: non-restricted, restricted, perhaps prohib, and prohibited firearms owners, should take this as a reminder to check our policies.
I double checked my policy last year to ensure it was uncapped (outside of general contents limit) for firearms. In the past, I had been quoted a policy with a somewhat hidden $10k firearms cap. If I wanted coverage for more than that, it required appraisals for each gun and additional riders.
My current policy covers all firearms irrespective of firearms class or type without need for appraisal. I have a replacement cost rider, so I can pretty easily prove the value of buying everything new that is still on market.
It would be an interesting debate as to the replacement value of a now-prohibited firearm. I am probably in a tougher spot with those, but I would fight for a comparable non-restricted value.
My policy does exclude:Which honestly, most of our guns covered by the OIC would be, after the amnesty expires (pending current court challenges). So after the amnesty expires, any of those guns would be uninsured.any property illegally acquired, kept, stored, or transported, or the proceeds of crime;
The courts will determine, but the fact that the move of the Stag-10 to prohibited is devoid of any reasonable rationale is likely moot (despite the original FRT comments) since the Stag-10 is listed by name.A post-ban version of the same FRT entry, now reflecting the Stag’s current prohibited status has no Canadian Law Comments.
This later version of the publicly available FRT, current as of last week, indicates that the Stag 10 is now prohibited as an AR variant.