Concealed carry insurance covers the policyholder for damages arising from the use of a firearm in self-defense. The different CCW insurance policies typically cover the policyholder for legal fees and expenses incurred to defend against criminal and civil charges arising from a self-defense incident. Some policies also cover damages awarded in a civil lawsuit from a self-defense incident.
The need for CCW insurance arises because, even if a self-defense shooting is justified, the policyholder may still face criminal charges or a civil lawsuit. In a criminal case, the policyholder may be acquitted but still be responsible for legal fees and expenses. In a civil case, the policyholder may be found not liable, but the plaintiff may still be awarded damages. Even if the policyholder is found not liable in either a criminal or civil case, the costs of defending against the charges can be high.
The availability of CCW insurance has increased in recent years as the number of states that allow concealed carry has increased. Some insurance companies that do not offer CCW insurance will provide coverage for self-defense shootings under a homeowner’s or renter’s insurance policy. However, this coverage is typically limited and may not cover all of the costs of a self-defense incident.
CCW insurance is not required in most states, but it is strongly recommended for anyone who carries a concealed weapon. The cost of a CCW insurance policy varies depending on the coverage and the insurance company but is typically around $100-200 per year.
Finding the Best CCW Insurance
When looking for CCW insurance, it is essential to find a policy that covers the type of weapon a person carries and the type of self-defense to be insured for. For example, if a person only carries a handgun, they will want to find a policy that covers them for accidental discharge of the handgun.
Once the client finds a few exciting policies, the client will need to compare the coverage and cost of the policies. It gets done by getting quotes from each company. When comparing the quotes, it is recommended to ensure that the coverage received is the same type and for a similar price. The client should also ensure each policy’s deductible is the same. The client needs to contact the company and get a policy copy. The client will also want to make sure the policy’s terms and conditions are well understood to avoid misinterpretation.
The client needs to ensure the policy is carefully read to understand what is covered and what is not. The client should also ensure an understanding of the deductible and the limits of the coverage.
CCW Insurance helps prevent unnecessary costs accruing to the client due to firearm possession. Once the client has the policy, it has to be kept up to date. The client should also review it periodically to ensure it provides the needed coverage. The freedom of the client to protect themselves should not be limited and, if possible, should be improved upon. Safety comes first