Protecting Your Rights: Concealed Carry Insurance

Concealed carry insurance is a type of liability insurance that covers legal fees, attorney fees, bail, and other expenses in the event that you use your firearm in self-defence and are charged with a crime or sued civilly. While the likelihood of this happening is slim, the costs of such legal proceedings can be extremely high, often reaching hundreds of thousands of dollars. Therefore, concealed carry insurance can provide peace of mind and protect you from financial ruin in the rare event that you need to use your gun for self-defence.

It can help cover legal fees, which can be extremely high

Why You Need Concealed Carry Insurance

The legal fees resulting from a self-defence shooting can be extremely high. Even small cases that are dropped without going to trial can cost over $10,000 between bail, attorney fees, and more. A full-blown murder charge can easily cost over $500,000.

The fees that accrue in these situations can include attorney fees, bail, expert witnesses, investigators, trial exhibits, and other related expenses. These fees pile up, and they may be too much for the average person to handle on their own.

Even if you were acting in self-defence and did not intend to commit a crime, you can still be arrested and charged when using your firearm. This kind of situation happens surprisingly often in the case of self-defence, and only further emphasizes the need for concealed carry insurance.

Concealed carry insurance can help cover these legal fees, which can be financially ruinous. It can also provide you with the proper information regarding legal procedures and, in some cases, even provide you with an attorney.

Choosing the Right Insurance for You

When choosing a concealed carry insurance plan, it is important to consider the legal fees that will be covered. Most plans offer coverage for attorney fees, but it is important to read the fine print to understand the specific details of the coverage. Some plans may also offer additional benefits, such as bail bond coverage or access to a 24/7 emergency hotline.

It is also important to consider the cost of the insurance plan. Plans can range from $11 to $49 per month, depending on the provider and tier. Additionally, some states have passed legislation that makes concealed carry insurance invalid, so it is important to check the availability in your state before purchasing a plan.

Overall, concealed carry insurance can provide valuable financial protection in the event of a self-defence shooting. By understanding the different options available and choosing a plan that best suits your needs, you can ensure that you have the necessary coverage in the event of a self-defence incident.

It can help cover bail fees

Why You Need Concealed Carry Insurance

Carrying a concealed weapon comes with a lot of responsibility and potential risks. If you ever find yourself in a situation where you need to use your firearm in self-defence, the aftermath can be emotionally distressing, legally complex, and financially draining. This is where concealed carry insurance comes in.

If you are arrested and charged with a crime after using your firearm in self-defence, you will need to pay a bail bond to secure your release from jail while awaiting trial. Bail bonds are typically set at a high amount, often hundreds of thousands of dollars, and the fee paid to a bondsman is usually 10% of the bond value. For example, if your bail is set at $1,000,000, you will need to pay a bondsman $100,000 to secure your release. This can be financially devastating for most people, but concealed carry insurance can help cover these fees.

Different concealed carry insurance providers offer varying levels of bail coverage. Some companies offer a set amount of bail bond assistance, such as $25,000, which would typically cover a bond of up to $250,000. Other providers may offer higher amounts, such as $100,000, which would cover a bond of up to $1,000,000. Some companies also provide no-limit bail coverage, ensuring that you can secure your release regardless of the bond amount.

It is important to carefully review the terms and conditions of the insurance policy to understand the specific bail coverage provided. Additionally, it is worth noting that some states have laws prohibiting the sale of bail bonds, and judges may require collateral or other assets, so the availability and applicability of bail coverage can vary depending on your location.

Peace of Mind and Financial Protection

The legal and financial repercussions of using a firearm in self-defence can be significant. Concealed carry insurance provides peace of mind and financial protection by helping to cover bail fees and other associated costs. This allows you to focus on your defence and maintain your quality of life while navigating the legal system.

It can help you find an attorney

Concealed carry insurance can help you find an attorney in several ways. Firstly, it can provide you with the funds to pay for an attorney, which can be extremely costly. The legal fees that arise from using a firearm in self-defence can be intimidating and may be too much for the average person to handle on their own. For example, a full-blown murder charge can easily cost over $500,000, and even small cases that are dropped without going to trial can cost over $10,000.

Concealed carry insurance can also help you find an attorney by providing you with access to a network of lawyers. Some insurance providers will deploy a critical response team directly to your area, which can be beneficial as over-the-phone conversations can result in miscommunications. This team may be made up of retired police officers who understand the system and can help guide you through the stressful process of being charged.

Additionally, some concealed carry insurance providers will allow you to choose your own attorney. This is an important feature to look for when choosing an insurance provider, as you will want to work with an attorney who understands the local laws and ramifications. Some providers will even vet attorneys for you at no extra charge.

Finally, concealed carry insurance can provide you with legal resources and information to help you navigate the complexities of self-defence legalities. This can include access to training courses, informational seminars, and other resources to keep you informed about gun laws and legal procedures.

It can help cover civil liability costs

Even if you are cleared of any criminal wrongdoing, you can still be sued in a civil court. The civil liability coverage of your concealed carry insurance will help cover the legal fees and damages resulting from such a lawsuit.

Civil cases often have much lower burdens of proof than criminal ones, and you could end up having to pay out millions of dollars in settlements. Therefore, it is crucial to have concealed carry insurance that includes substantial civil liability coverage. This coverage will provide you with the necessary financial resources to defend yourself in a civil lawsuit and protect your assets in the event of an adverse judgment.

When choosing a concealed carry insurance policy, carefully review the civil liability coverage offered by different providers. Some policies may have coverage limits or exclusions that could leave you vulnerable to significant financial risk. Look for a policy that offers unlimited or high coverage limits for civil liability to ensure you are adequately protected.

Additionally, consider the possibility of facing both criminal and civil cases simultaneously. Ensure that your concealed carry insurance policy provides coverage for both types of cases, as the legal fees and damages associated with civil cases can be substantial.

By selecting a concealed carry insurance policy with robust civil liability coverage, you can have peace of mind knowing that you are protected financially in the event of a civil lawsuit arising from a self-defense incident. This coverage can help you navigate the complex legal landscape and focus on your defence without worrying about the financial burden.

It can help cover criminal defence costs

The legal fees that come with using a firearm in self-defence can be extremely high. These fees can include attorney fees, bail, expert witnesses, investigators, trial exhibits, and other related expenses. Even small cases that do not go to trial can cost upwards of $10,000, while a full-blown murder charge can cost over $500,000.

Concealed carry insurance can help cover these costs, providing you with a critical response team, assistance in finding a self-defence attorney, and extra help with the local police department. Some policies will also cover bail bond assistance, civil liability coverage, and compensation while in court.

It is important to note that concealed carry insurance is not available in all states. For example, New York, New Jersey, and Washington have passed legislation making all carry insurance invalid in their states. Additionally, some insurance providers will not cover certain situations, such as domestic violence incidents or incidents that occur in "gun-free zones". It is crucial to carefully review the terms and conditions of any concealed carry insurance policy before purchasing.

When choosing a concealed carry insurance policy, it is important to consider the coverage limits and bail amounts, as well as any additional benefits offered. Some policies may also offer spousal/family coverage, psychological support, and firearm replacement if your gun is confiscated after a self-defence incident.

Overall, concealed carry insurance can provide valuable financial protection and peace of mind for gun owners who may need to use their firearm in self-defence.

Frequently asked questions