Yep, doesn’t pay legal fees or expert witnesses. I do have a 2 mil umbrella policy as well. It’s less than 25 bucks a month
Yep, doesn’t pay legal fees or expert witnesses. I do have a 2 mil umbrella policy as well. It’s less than 25 bucks a month
Anyone carry any of these self defense policies or have any suggestions or recommendations? Like USCCA ?
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We went with NRA Carry Guard after confirming that they policy also covers your spouse/significant other whether or not
they actually have a Valid carry permit. None of the others covered an un-permitted spouse that uses
a firearm in self defense. Little more money but is like 2 policies.
Do any of them, besides CCW Safe, actually have any history of being used successfully, or used at all for that matter? CCW Safe successfully defended a member recentIy. I can't find any info on any of the others having actually been put to use?
We went with NRA Carry Guard after confirming that they policy also covers your spouse/significant other whether or not
they actually have a Valid carry permit. None of the others covered an un-permitted spouse that uses
a firearm in self defense. Little more money but is like 2 policies.
Having personally dealt with their administrators, on non-firearm matters, I'd probably go this route too.
The other companies just don't give me any concrete evidence that they are funded enough to monetarily handle more than one or two cases at a time. Say they get a dozen or a half dozen cases simultaneously they could bankrupt themselves. I don't believe these companies fall under the "statutory capital reserve ratio" that regular insurance companies do so I'm not confident that the money will be there when I need it to be.
I bet your car is an Audi or BMW.
Ok, I don't know what that is supposed to mean.
Purchase of a product that might not pay out isn't a worthwhile purchase to me. That is why I haven't purchased any of them. However, given the choices, the safest bet is probably the NRA one.
CCW SAFE has already paid out 1 successful case for over 350k. None of the others have. So really, only 1 has actually proven they do pay out.
You honestly think there will be a run on (any) of those companies of having multiple cases at one time?
Yes. The fact they hide their capitalization is a clear sign. The fact CCW has multiple layers of insurance of themselves is a clear sign.
If this were a simple process all the big names would offer insurance. USAA, Progressive, etc... Umbrella policies don't cover intentional shooting of someone. Self defense or otherwise.
Without question there isn't enough of a pool of policy holders to maintain a payout of multiple cases in a given year. The market is too small and they know it. I am not positive but I'd bet a dime to a dollar they are not required to maintain the statutory capital reserve ratio regular insurance companies are required to. That is why they have so many layers of nonsense LLCs
Well, go without. Like I said, how many payouts do you expect them to have? There has been 1 out of all the companies. So they are a scam and the NRA is the only "legit" one because they are the NRA?
Maybe you don't need insurance at all because you don't carry? So the real need is diminished to almost nil?
Do you actually think you will need their service? But you are saying that your research is so spot on, that you'd rather do something else with 300 bucks a year?
I bet your car is an Audi or BMW.