Well the boss and I bought a new house and it's almost finished. The boss called the insurance to informe of the upsoming move and change from renters ins to home owners. One of the first questiones asked was " does your husband relode?" of course she answears truthfully and is then told that " you will no longer be insured for renters ins and we cannot insure you as home owners either. so good bye cooperators hello TD. Anybody else have isues with this?
home insurance
- Thread starter Jeepguy
- Start date
This is typical of Co-op as far as I'm concerned. They did an inspection on me once and the next day I had the "cancelled" letter, ....didn't meet their standards, but never told me which standards. I know they were shocked when they saw guns and reloading equipment.
I hear good things about T-D, but would really suggest INTACT after having gone through a fire. Make sure you get replacement insurance for full value.
I hear good things about T-D, but would really suggest INTACT after having gone through a fire. Make sure you get replacement insurance for full value.
- Location
- Midland, ON
Actually the wording on the replacement value needs to be "GUARANTEED replacement value". Anything else and the replacement value might be pro-rated against original cost and reduced for usage.
It may be time to start a sticky on gun friendly ins. companies. Some don't care others have a 2-$3000 cap, and make you take out a rider for more at so much/$1000 coverage, and some won't cover guns at all. Don't ask don't tell doesn't work, if you have a fire or such and haven't told them, they may just void your total claim. Ins agencies love nothing better than an excuse not to pay out.
I have statefarm for renters insurance. I have replacement value on all my guns and they don't care about reloading and # of guns. I do however have to have a policy twice the value as everything I have is high theft. I carry $150 000 policy and am totally covered. It cost me $30/month. The only thing is they only cover $5000 in skins and furs and I have more then $12000 in leather. A side note. They really did me dry when I smashed my truck
I am going to ask my Ins company the next time I call them - my policy renews in Oct. I called them last month to tell them I was switching over from electric forced air heat to gas forced air now that there is gas available where I live.
As an aside, i called a couple other companies to get quotes to make sure I was getting a competitive quote where I am. The companies I called all said that I was required to disclose everything and answer all questions honestly. They asked if I deep fried anything on the stove (?) I sad no. She said frying something in a fry pan is ok but in a deep fryer they want to know yes or no because that is "high risk" to them (and it is if the oil spills you will have a dandy fire)
They asked all about fire places etc, but never asked about reloading or ammo in the house.
I can think of lots of things that are way more likely to cause a fire than reloading, which I have safely done for 30 years. Items such as storing gasoline in your garage, (I saw a guy fill a bleach bottle one time at the gas station. I told him that was unsafe and illegal, he told me to F-off, so I did); welding, spray painting cars, (cleaning with acetone), etc, and the lady at the Ins Co didnt ask anything about any of those, so why would she ask about reloading?????
There are lots of other hobbies (wood-working for example creates lots of explosive dust, along with using flammable refinishing liquids) that are just as likely to cause a fire that were never inquired about.
ANYWAY, when the gas gets hooked up and I call to tell them that I will ask if they care that I reload rifle ammunition in my basement. I will keep you posted.
As an aside, i called a couple other companies to get quotes to make sure I was getting a competitive quote where I am. The companies I called all said that I was required to disclose everything and answer all questions honestly. They asked if I deep fried anything on the stove (?) I sad no. She said frying something in a fry pan is ok but in a deep fryer they want to know yes or no because that is "high risk" to them (and it is if the oil spills you will have a dandy fire)
They asked all about fire places etc, but never asked about reloading or ammo in the house.
I can think of lots of things that are way more likely to cause a fire than reloading, which I have safely done for 30 years. Items such as storing gasoline in your garage, (I saw a guy fill a bleach bottle one time at the gas station. I told him that was unsafe and illegal, he told me to F-off, so I did); welding, spray painting cars, (cleaning with acetone), etc, and the lady at the Ins Co didnt ask anything about any of those, so why would she ask about reloading?????
There are lots of other hobbies (wood-working for example creates lots of explosive dust, along with using flammable refinishing liquids) that are just as likely to cause a fire that were never inquired about.
ANYWAY, when the gas gets hooked up and I call to tell them that I will ask if they care that I reload rifle ammunition in my basement. I will keep you posted.
I recently was quoted through TD. I was looking to bring over my home to bundle it with my auto. All was going really well untill I mentionned I had a few guns. By no means would I call my modest stash a "collection" but I suppose by definition it could be considered as such. (more than one?) She then told me that they didn't cover firearms "collections" as part of general contents. I would have to have my guns appraised and apply to pull a seperate policy for them. Then i would have to call to update my policy each time I bought and sold a gun. I then reminded her that there were literally millions of guns in canada, and each one couldnt possibly be insured this way. When I asked if that was standard procedure with every customer, she sheepishly admitted that she had never done a home quote for an address outside the GTA, and that the question of firearms insurance had never come up. A subsequent conversation with her manager turned up no more answers. Sounded real fishy to me. So I told them I was otherwise happy with my service but could not proceed with the coverage due to their firearm policies. I then spoke with a broker in Barrie who was happy to find me a gun-friendly home policy with another insurer. Has anyone else had similar issues with TD? Are standalone gun policies a common thing?
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Some policies have value limits on "sporting goods". Guns would be considered sporting goods, i think. A typical limit is $5,000.
Some policies have a limit on collections. I own a lot of guns, but i shoot them. I am not licensed as a "collector". I have no idea if my guns would be considered a collection.
Some policies have a limit on collections. I own a lot of guns, but i shoot them. I am not licensed as a "collector". I have no idea if my guns would be considered a collection.
I dont think that what you have or what I have is a "collection", and I dont think they are "sporting goods" either, and I dont think the $5000 limit cuts it.
I have "replacement value on my contents". I pay extra for that. I would expect them to ask me to prove that I had what I say I had and then I would expect them to replace it once I proved it.
The best advice I ever got was from a friend who had a fire. Long story short, place burned down, buddy had a video from a party at his house and the Ins. Co. replaced everything clearly seen in the video.
Bottom line - every couple years walk around your house with video camera, open the closets, open the drawers, etc etc and provide some commentary - there are 12 pair jeans here, 4 suits, my wife has 20 pair shoes, this Browning OU is worht $4K, etc. Makes claims go a lot easier (keep the video on a flash drive in your safety deposit box).
They place limits on some things and they are spelled out in the policy - like coin collections, cash, jewellry, fur coats, etc, because it is pretty easy to say "I had $50K in $20's in the basement and now they are gone"...prove it...well I can't.
I have "replacement value on my contents". I pay extra for that. I would expect them to ask me to prove that I had what I say I had and then I would expect them to replace it once I proved it.
The best advice I ever got was from a friend who had a fire. Long story short, place burned down, buddy had a video from a party at his house and the Ins. Co. replaced everything clearly seen in the video.
Bottom line - every couple years walk around your house with video camera, open the closets, open the drawers, etc etc and provide some commentary - there are 12 pair jeans here, 4 suits, my wife has 20 pair shoes, this Browning OU is worht $4K, etc. Makes claims go a lot easier (keep the video on a flash drive in your safety deposit box).
They place limits on some things and they are spelled out in the policy - like coin collections, cash, jewellry, fur coats, etc, because it is pretty easy to say "I had $50K in $20's in the basement and now they are gone"...prove it...well I can't.
A bunch of really great ideas here... Im going to look into my policy and see what I come up with. But first I have to dust off the old Handicam!
nuttymechanic2000
New member
- Location
- chesley ont
ok guys i had total lost fire few yrs ago and use to work doing fire and flood clean ups so the most important thing is pictures and videos one trick is buy a larg sd card and video every wall and open every drawer and say how much is in it ..it is up to you to PROVE WHAT YOU HAD second place card\pictures in small fire safe and or place in deep freezer freezers survive 95 percent of fires good place to store papers not want burned and hope you never need them
07blackwater
CGN Ultra frequent flyer
- Location
- Port Coquitlam, BC
Great thread. Tagged for future reference... oh and I'm definitely going to film everything pronto. Good tip, thanks!
