Opinion on Concealed Carry insurance such as USCCA

[AiraCobra]

Wanted to see what ya'll have to say about these so-called conceal carry insurance companies such as USCCA, Do you have a plan to cover you in case of the need to use deadly force? If so what company do you have a plan with? In your opinion do you think it's worth it to get insurance dispite the chance of needing it is fairly low?

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[bofh]

It depends. Like with any other type of insurance, you are playing the odds of needing it or not. It is a personal choice. Read:

Do You Need Concealed Carry Insurance? Comparing a Few of the Top Plans
Insurance and lawyers
Insurance cover for a self defense civil lawsuit?

 

[jerryball]

Wanted to see what ya'll have to say about these so-called conceal carry insurance companies such as USCCA, Do you have a plan to cover you in case of the need to use deadly force? If so what company do you have a plan with? In your opinion do you think it's worth it to get insurance dispite the chance of needing it is fairly low?

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Had it for 3 years now

Sent from my SM-G935P using Tapatalk

 

[LKalies]

Same here--3 years. For me it is like having health insurance--peace of mind.

 

[NavyLCDR]

Here's the difference between health insurance, auto insurance and concealed carry insurance:

The health insurance and auto insurance companies all produce annual financial reports which show how much money they took in and how much money they paid out in actual claims. Show me a company offering concealed carry insurance that produces a financial report showing how much they have paid out in real claims. Why isn't that data available? The most probable reason that I can think of is because they are not paying money out in real claims.

 

[steveksfc]

They actually do pay for Attorney fees, bail and etc. All you need to do is call their toll free number, which is manned by real person, and they will get the ball rolling. They have paid many times in cases where a member has needed help after an incident. They take care of everything. Including any attorney that represents you on your behalf. USCCA does have many attorneys on call in most states and gaining more all the time. according to some attorneys who have been used they sent a bill to USCCA and within a week they were paid in full. I am a member but am because if I am ever in a situation where I had to use my weapon it would be nice to have someone in my corner right away and not have to worry about finding the money to pay for a attorney. I pay for car insurance and knock on wood have never needed to use it. I have done the same thing for protecting myself in case I need to save my family. USCCA also does more than offer the insurance, they also have constant training available and so much more. But everybody needs to think about what they need to do for themselves. There are many different plans offered by many companies including those endorsed by NRA. If you feel you are not interested great. If you want some peace of mind and that is what you feel is needed, That is great also. I did take the life membership in USCCA and so far have felt I received my moneys worth. Hopefully I will never need to activate the attorney option that is included in my memebership.

 

[Blueshell]

They actually do pay for Attorney fees, bail and etc. All you need to do is call their toll free number, which is manned by real person, and they will get the ball rolling. They have paid many times in cases where a member has needed help after an incident. They take care of everything. Including any attorney that represents you on your behalf. USCCA does have many attorneys on call in most states and gaining more all the time. according to some attorneys who have been used they sent a bill to USCCA and within a week they were paid in full. I am a member but am because if I am ever in a situation where I had to use my weapon it would be nice to have someone in my corner right away and not have to worry about finding the money to pay for a attorney. I pay for car insurance and knock on wood have never needed to use it. I have done the same thing for protecting myself in case I need to save my family. USCCA also does more than offer the insurance, they also have constant training available and so much more. But everybody needs to think about what they need to do for themselves. There are many different plans offered by many companies including those endorsed by NRA. If you feel you are not interested great. If you want some peace of mind and that is what you feel is needed, That is great also. I did take the life membership in USCCA and so far have felt I received my moneys worth. Hopefully I will never need to activate the attorney option that is included in my memebership.

Where can those financial reports be viewed online?

 

[NavyLCDR]

Where can those financial reports be viewed online?

Is that crickets I hear chirping in the background?

 

[Blueshell]

Is that crickets I hear chirping in the background?

Sure is.

 

[pilot25]

I have been researching this type of "insurance" for sometime and cannot for the life of me find who the underwriters of the insurance policies are. That immediately gives me pause about who these companies really are and what their capitalization is if they don't have underwriters.

 

[alternety]

If you have homeowners insurance, you might talk to the provider and see if an umbrella policy will cover expenses. They are unlikely to provide any other assistance like some of the gun owners specialist "carriers" claim to provide.

I had a conversation with USAA, and they verified that a lawful incident would be covered. That jives with what their policy says. And it is relatively quite inexpensive.

I expect "lawful" could get get to be an issue if you are ultimately determined to be guilty of an offense. I trust USAA to be decent. Possibly an incorrect position; but I have not experienced nor heard of poor treatment of members. If you are eligible for USAA and use a different insurance company; you need training.

 

[bofh]

I have been researching this type of "insurance" for sometime and cannot for the life of me find who the underwriters of the insurance policies are. That immediately gives me pause about who these companies really are and what their capitalization is if they don't have underwriters.

Then you haven't dome much "research". From USCCA | FAQs:

Will I have my own individual insurance policy?

No, Self-Defense SHIELD is not an individually underwritten insurance policy. The USCCA, Inc. Self-Defense SHIELD is an insurance-backed, criminal and civil liability benefit. The USCCA, Inc. owns the insurance policy and the Silver, Gold, and Platinum members are the beneficiary of this insurance policy. (Please see the Self-Defense SHIELD diagram for the the specific criminal and civil liability limits.)

Also read Link Removed.

 

[bofh]

If you have homeowners insurance, you might talk to the provider and see if an umbrella policy will cover expenses. They are unlikely to provide any other assistance like some of the gun owners specialist "carriers" claim to provide.

I had a conversation with USAA, and they verified that a lawful incident would be covered. That jives with what their policy says. And it is relatively quite inexpensive.

I expect "lawful" could get get to be an issue if you are ultimately determined to be guilty of an offense. I trust USAA to be decent. Possibly an incorrect position; but I have not experienced nor heard of poor treatment of members. If you are eligible for USAA and use a different insurance company; you need training.

From USCCA | FAQs:

Do Homeowner’s Insurance or Umbrella Policies cover this sort of thing?

Homeowner’s and umbrella policies RARELY specify the coverage of self-defense acts with a firearm. For many policyholders, the answer is "no." Most standard home and auto policies contain a liability clause that specifically excludes coverage for injuries or damage caused by an intentional act such as firing a gun, even in self-defense. Even if the law recognizes your right to defend yourself, insurance companies see it differently, according to the International Risk Management Institute (IRMI). Policies often contain an intentional injury exclusion, which defines self-defense as an intentional act and therefore excluded from compensation.

If someone is accidentally injured on your property, your home insurance liability coverage will cover medical bills and the resulting legal fees. But if you fire a gun at an intruder and you end up in court, the deliberateness of the act (even if it was in self-defense) means that your home insurance policy may not cover the resulting costs.

Also, no insurance covers criminal acts.

 

[kramden]

I'm guessing that MOST of the people that pay for the insurance are also very careful CCW permit holders. Would only use their weapon as a last choice. In other words very responsible. Thus I'm guessing their are very few cases at all.

 

[pilot25]

Then you haven't dome much "research". From USCCA | FAQs:



Also read Link Removed.

Insurance backed by whom? USCCA? That isn't insurance and if it is then they have to disclose their capitalization? Which they don't.

If you knew anything about insurance you wouldn't be so flippant with your comments.

 

[bofh]

Insurance backed by whom? USCCA? That isn't insurance and if it is then they have to disclose their capitalization? Which they don't.

If you knew anything about insurance you wouldn't be so flippant with your comments.

It is an insurance backed by its members. They don't disclose their capitalization, because they don't have to. If you knew anything about such self defense insurances, you would know that any underwriters would be able to set insurance conditions, including who gets covered for what. If you are a high profile case (e.g., Zimmerman), then the fine print in the insurance contract would allow the insurer to back out during your trial.

This insurance backed by its members is capped in terms of individual benefits and insures against legal costs in lawful self defense cases. The risk of such insurance to go under is rather extremely low, as it does not deal with single events that incur large costs for the insurer.

Unless you want to sign with an insurance company that has an underwriter that may force your insurance to back out of your coverage, may be you should inform yourself a little bit more about this topic.

 

[Voidshot9]

I have been researching this type of "insurance" for sometime and cannot for the life of me find who the underwriters of the insurance policies are. That immediately gives me pause about who these companies really are and what their capitalization is if they don't have underwriters.

Armed Citizens and the Law website has some information.

For instance, here's the link to their info for the USCCA Shield policy: Link Removed
* USCCA Policies are administered by Delta Defense LLC (Delta Defense, LLC | The ultimate resource for Safety, Security and Self-Defense Information)
* USCCA Policies are underwritten by Savers Property and Casualty Insurance Company (Page Not Found - Meadowbrook Insurance Group)