May 27th 2023Concealed carry insurance options for gun owners — 7 programsOver 22 million Americans currently have a license/permit to carry concealed weapons. With the recent U.S. Supreme Court ruling in NYSRPA v. Bruen we can expect this number to grow significantly. This landmark case stated the Second Amendment guaranteed citizens the right to carry arms outside of their homes. There are now seven (7) large business entities that provide insurance coverage and legal service for CCW holders. Below are the names of these providers. Comparison shop at least 3 different options before committing to a policy/membership. We also recommend that you read the 3400-word GunDigest Article which examines in detail the coverage offered by each of these seven companies. Concealed Carry Assoc. Concealed Carry Assoc.Any CCW insurance plan will cover attorneys’ fees. The fees can quickly add up if you need an attorney for a criminal case or civil case. Good lawyers can charge between $400 and $500 per hour. A trial can last for several days. GunDigest says: “If you go to trial, your bill could be six figures.” Check to see if the policy covers attorney retainer, hourly rates, expert fees AND potential damages.
If you’re involved in an accident and are arrested, you don’t want to spend time in jail. CCW insurance plans that can quickly fund bail bonds are important. GunDigest points out that “bail-bond insurance is usually part of a good concealed carry policy”. Multi-State Coverage
State insurance laws and gun laws also vary. This will affect the coverage that an insurance program is able to provide. Ask questions when choosing a policy to determine if coverage varies from state to state. Some programs allow you to purchase additional coverage when traveling outside of your home state. They can be limited in time to save money.
You should read the fine print, just as you would with a home or auto policy. The GunDigest article titled CCW Insurance Coverage notes that there are additional factors to consider before choosing CCW Insurance. Some of these are included in the policies, while others cost extra. CCW policies often cover more than just legal costs.
Negligent Discharge
Spouse and Family Self-Defense
Property Damage Firearms Replacement
Work Loss Coverage
Personal Use of Firearm (non defensive) * According to an attorney John Lott’s report from the Crime Prevention Research Center in 2022, the number concealed handgun permits is now at 22,01 million, a 2.3% rise since 2021.
Similar PostsTags: Concealed Carry, Gun Insurance Law Shield, USCCA, CCW Insurance
