Don't quote me, but with Eastern, you fill out a form on type/model/value. I'm assuming they pay "loss" on the item and your stated value. Pretty sure that's what Laura told me, but give her a call and check. Unless the "list" you give them exceeds $45K, it's under a basic umbrella policy. Anything above that, I think it's extra $$$ for coverage.I have a question for anyone that has made a claim through Eastern. How do they handle a claim, as far as payment. How is the value of the firearm/optic decided? do they pay current full price for replacement or depreciated price? What about a custom bolt gun you put together or high dollar home built AR, how is that price determined?
Meantime, I'll check my paperwork and post a pic of the pages...