GunGuard - Insurance for Firearms
Insurance coverage for your firearms for loss, theft and damage.
Until now, firearm owners in Canada have had to rely on home insurance policies to cover their firearms. But we're seeing home insurance providers moving to restrict limits on firearms and in some cases, outright excluding them. That's why we created GunGuard. If your firearms are lost, stolen or suffer damage, GunGuard has you covered.
Your Privacy Matters
We know your privacy matters. That's why GunGuard does not require any details of your firearms upon purchase of coverage unless they are high value or considered unique or rare.
Flexible Coverage Options
Choose from four levels of coverage to suit your needs:
- $25,000 coverage limit for $60/year
- $50,000 coverage limit for $90/year
- $75,000 coverage limit for $120/year
- $150,000 coverage limit for $235/year
Higher limit options are available for firearm owners with large collections.
Firearms that are five years and newer are eligible for full replacement coverage. For older firearms, you'll receive actual cash value as assessed by an approved firearms dealer.
Frequently Asked Questions
Do I need to supply a list of my firearms in order to purchase coverage?
No
Is reloading equipment covered?
No
How does the deductible work?
For any claim that happens in Canada the deductible is $100. Should you have a claim in the USA the deductible increases to $250.
How do I make a claim?
When you purchase coverage your policy will include a wallet card that has your policy number and the claim number to call for reporting a claim.
Who do I contact if I have more questions about the coverage?
Contact the CapriCMW Firearms Team at gunguard@capricmw.ca
My firearms collection is worth more then limit options available. Are there options available beyond $25,000/$50,000/$75,000?
Yes, should you have a larger collection we can discuss higher options. This will require additional conversation and details and we recommend contacting the team at gunguard@capricmw.ca
Personal Insurance Resources
Personal Insurance
ICBC Introducing Usage-Based Discounts Beginning in 2023
As part of its intended shift towards more personalized insurance products, ICBC will be introducing new usage-based insurance options over the next several years. The first of its usage-based offerings will be available in 2023, a discount on certain…
Personal Insurance
Three Types of Insureds Explained
Are you aware of the differences between Named Insureds, Unnamed Insureds (also known as simply Insureds) and Additional Insureds? They are often confused, but the distinction is very important to understand.
Personal Insurance
ICBC to Introduce New Distance-Based Discount for 2023
BC drivers who qualify for the new distance-based discount will save between 5 and 15 per cent on certain ICBC optional coverages.