I know most homeowners insurance companies are a little different as far as their policies go, but I would like to know what you guys generally keep as far as paperwork goes, when you purchase a firearm?
I'm specifically referring to purchases such as on Gunbroker/etc, where the seller is a private seller.
I mean, all the buyer can do is obtain a handwritten receipt from the seller, right?
I always keep the FFL transfer receipt, which shows the firearm and serial # info that was transferred to me (the buyer), but this document of course does not show the actual amount paid to the buyer for the firearm.
Do your insurance companies insure firearms which were purchased from private sellers, where all you may have is either the FFL transfer document, and maybe, at most, a handwritten receipt from the seller?
Is there anything else one can do to protect himself when it comes to insuring firearms, and keeping records of personal possessions? I mean, should I be typing up custom sales receipts, and having them officially notarized?
I don't think I've ever understood the whole "notarizing/notary public" thing when it comes to private documents for manners such as this? I mean, EVERY time I've EVER had to get something "notarized" by a public notary, I've walked inside the PakMail/Kinkos, or other shipping/package store, and I've stood there watching the Arabic guy who can barely speak English, whip out his little stamp, and notarize my document. Upon leaving, I've always walked out of the store wondering "what the hell was that for", and how could this ever help me legally? I mean, what's the point of having an Arabic guy in a shipping store whip out a stamp to notarize something???? Never seemed very "official" or "legally-inclined" to me.
I am just trying to decide if there are any additional documents/papers I should make sure that I have on file, for weapons which I have purchased from private sellers. ?? I'm betting many guys have weapons they have purchased over the years, from out of state, which they never even bothered to obtain a handwritten receipt from the seller for. Could this ever be a big problem for them if the weapon was ever stolen, and insurance was needed to replace?
I think I spoke with State Farm a while back (who is my homeowners insurance policy holder), and IIRC, they told me that I automatically have like $2500 insurance on "personal possessions" within my home, but that was it.
I will of course be calling them again to discuss the issue, but again, IIRC, they told me that I didn't even have to have pictures of my weapons, after I had inquired about that specifically.
What do you guys generally keep on file (paperwork/etc), when you purchase a new OR used weapon from a private seller, either FTF, OR out of state???