No concealed carry permit holder wants to use their handgun. However, if you find yourself in a situation where it’s necessary to use your firearm, you may be at risk for civil and criminal lawsuits, even if your actions were justified. Concealed carry liability insurance can provide protection in the event of an incident and also help cover legal fees if necessary.
Concealed carry insurance is a type of liability insurance that covers the costs associated with a self-defense encounter. This type of protection can help you pay for attorney’s fees, court costs, and other related expenses.
What is Concealed Carry Insurance?
While we gave a brief overview of concealed carry insurance above, let’s take a closer look at the coverage and benefits.
Self-defense insurance provides you with a financial cushion in the event of a self-defense incident. This type of insurance can include coverage for criminal defense costs, civil defense costs, and even bail bonds.
Many concealed carry insurance policies also provide coverage for damages to third parties and connection to legal protection in the event of a wrongful death. These policies may also provide coverage if you are sued for using your weapon.
In addition to financial protection, concealed carry insurance also provides access to a network of lawyers and legal resources that specialize in self-defense if you ever have questions.
Why Do I Need Concealed Carry Insurance?
As a concealed carry permit holder, you may find yourself in a situation where you must use your firearm for self-defense. However, even if your actions were justified, there’s always the risk of being arrested, charged, or sued by the other party or their family.
Concealed carry insurance can provide peace of mind and financial protection in the event of an incident. Other benefits of having this type of insurance include:
- Financial protection: Your insurance provider can help you pay attorney’s fees, court costs, and other related expenses.
- Cover lost wages from work: Self-defense insurance can help cover lost wages if you miss work due to a court appearance or other incident.
- Access to legal resources: Many concealed carry insurance policies provide access to a network of lawyers and legal resources specializing in self-defense.
- Damages coverage: Some policies provide coverage for damages to third parties.
- Spouse and children coverage: Some policies can cover spouses and minor children under 18.
- Expert witnesses: Your self-defense insurance may have access to experts or witnesses who can provide testimony and evidence in a self-defense incident.
- Bail bond help: Some policies assist with bail bonds.
- Peace of mind: Knowing that you have a financial cushion in the event of an incident can give you peace of mind and help ensure that your rights are protected if necessary.
Is Concealed Carry Insurance Worth It?
The decision of whether to purchase self-defense insurance is ultimately up to you. However, it’s essential to remember that self-defense incidents can cost thousands, if not hundreds of thousands, of legal fees and expenses.
Self-defense insurance can provide financial protection for those unexpected costs associated with a self-defense incident. For example, even a more minor self-defense court case can cost upwards of $100,000. Murder cases can cost well over a million dollars.
If you carry a firearm for self-defense, it may be worth considering the peace of mind that comes with having concealed carry insurance.
What is the Best Concealed Carry Insurance?
When it comes to finding the best concealed carry insurance, there are several factors you should consider.
First, look for a policy that offers comprehensive coverage with minimal exclusions. For example, many policies will limit certain types of damages or don’t provide coverage in some states. You’ll also want to ensure the policy covers your spouse and minor children, if necessary.
A good policy should also provide access to legal resources and a network of lawyers who specialize in self-defense law. Additionally, look for policies that have no deductible or reimburse you for your lost wages while attending court trials.
Finally, make sure the policy provides affordable rates and has customer service available when you need it.
There are a variety of self-defense insurance providers out there. Here are a few common ones that you’ll see in your research:
- Firearms Legal Protection
- CCW Safe
- US Law Shield
- USCCA
- NRA Carry Guard
- Second Call Defense
How Much is Concealed Carry Insurance?
Self-defense insurance can cost as little as $10 per month for basic coverage or up to several hundred dollars for a comprehensive policy.
Your premium will depend on several factors, such as the type of coverage you need, the state where you live, and the company offering the policy.
It’s essential to compare different policies from several providers to find one that fits your needs and budget. Be sure to read each policy carefully before deciding which one is right for you.
Get Discounted Self-Defense Insurance With Colorado Handgun Safety
While no one wants to think about using their weapon, having the right insurance in place for your protection is crucial if you ever need to. Colorado Handgun Safety is proud to partner with Firearms Legal Protection to offer our students concealed carry self-defense insurance at a discounted rate.
When you sign up for one of our CCW classes, you’ll get access to an individual basic plan for just $9.95 monthly. Firearms Legal Protection also offers premium personal and family plans. So, if you still need to sign up for your CCW class and you’re looking for concealed carry insurance, Colorado Handgun Safety is the perfect place to start. Enroll in our CCW class today!
