CCW Insurance: What You Need to Know
The following answers to frequently asked questions about firearm liability insurance will give you a better understanding of what it is and why you need it:
Can someone sue me even if I’m not convicted of a gun-related crime?
The absence of a criminal conviction does not prevent someone from suing you. There have been many cases where someone using their gun in self-defense avoided prosecution or was found not guilty in a criminal court, but still had to pay civil penalties. A comprehensive CCW policy will protect you in both instances.
Is carrying concealed weapon insurance a legal requirement?
Currently, none of the 50 states have laws mandating that concealed gun owners carry liability insurance. However, laws are subject to change, especially with the increasing focus on gun control. Not having insurance places you at a substantial financial risk.
Will my homeowners’ insurance provide any protection for a self-defense shooting?
While the liability portion of a typical homeowners’ or renters’ policy covers injuries and property damage sustained by others, it does not apply to “intentional acts” involving the use of a firearm. Most policies exclude coverage in these situations, even in self-defense situations. Some plans do provide some coverage for injuries and damages resulting from the use of “reasonable force” by the policyholder. However, this is the exception rather than the rule.
Is concealed carry insurance expensive?
CCW is one of the least costly forms of insurance protection on the market. Depending on the coverages and limits you select, you can get a comprehensive policy for only a few hundred dollars per year. When you consider that it could save you thousands of dollars and help you avoid jail time, these plans offer a cost-effective solution.
What perks are available with concealed carry insurance?
A firearm liability insurance plan can offer much more than legal liability protection. Policies are available that include training opportunities with a focus on safety and education. Examples include weekly training drills, life-saving checklists, access to online video libraries and interactive “ask an attorney” features where you can chat with experienced lawyers about gun-related legal issues.
Get a CCW Insurance Quote From XINSURANCE Today
Trust the pros at XINSURANCE to help you find an all-in-one firearm liability insurance policy that will meet your unique protection requirements. Our streamlined quote process saves time and hassles. Get started by submitting our quick online application. Our underwriters will then discuss the information with you via telephone and provide a quote for your review.
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