The Ins and Outs of CCW Insurance – Learn How to Protect Your Assets Now

Over the years, you’ve likely paid thousands (or hundreds of thousands) of dollars for various types of insurance. You insure your health, your car, and your home. If you carry a concealed weapon, you may also be in the market for CCW insurance. Several states have “Stand Your Ground” laws, which protect citizens from being sued in civil court when they’ve lawfully engaged in a self-defense situation.

While we hope you never need to fire your weapon in self-defense, it’s important to look into your options for protecting your family’s financial assets in the event you’re ever involved in such an occurrence. Civil suits can drain your bank account quickly, so having an insurance policy in place can make a huge difference if you ever need it.

The Need for Protection Is Real … and Growing

With CCW permits passing the 16 million mark in 2018, the need for additional monetary protection is very real. Should you ever need to defend yourself in a criminal suit, even if you prove you acted lawfully, the possibility of someone bringing a civil suit against you remains high. And here’s where things get expensive. If the person you shot or his/her family chooses to pursue a civil suit, you’ll need a good attorney … one who sympathizes with gun owners and supports the Second Amendment, not just in theory, but in practice. Sadly, these services come with a high price tag, so it’s vital to decide early on whether or not you need additional coverage.

Here are some things to consider when choosing a policy:

Find Out What Coverage You Already Have, If Any

If you own a home and have a homeowner’s policy, it may have coverage for self-defense built in already. Then again, it may not. Chances are good that this wasn’t one of your primary concerns when you bought the original policy, so contact your insuring agent to see if you’re already covered. Coverage varies by company and by state.

Consider Your Potential Risk Level

Many insurers offer multiple policies because individuals have different needs. If you only carry occasionally, you may not need the highest level of coverage, but there’s a caveat to consider here: as with other types of insurance, the higher the premium, the more comprehensive the coverage. While you may pay more in the short-term, the more you pay for coverage, the more your insurance company will potentially pay if you’re ever in a trial situation. Weigh the cost against the likelihood of being sued in a civil suit. Consider the premiums, which range from $13 – $50 per month, as well as your own state’s position on self-defense lawsuits. If your state generally rules against CCW owners, then the premium may be worth paying.

Know What, When, and How Much Your Insurer Will Pay

This is a biggie. Standard protocol for many insurance payouts is to reimburse fees after a not-guilty verdict is handed down, but there are companies that offer advance payments, so be sure to consider all options within your price range. Check to see if the policy you’re considering will pay for bail, the upfront retainer for an attorney, expert witnesses to testify on your behalf, or psychological support (because a self-defense scenario will have a long-term impact on your life). You should also ask if the insuring company has a network of resources and legal experts that they can recommend if needed since you’re unlikely to have a qualified attorney in your own network.

Be Prepared to Carry Some of the Burden (aka the Debt)

If the ruling doesn’t end in your favor, and we hope this isn’t the case, be prepared to cover everything yourself. Even with a favorable outcome, your legal expenses could exceed your plan’s maximum payout, which means you’ll be responsible for payment.

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Even if you already have a CCW insurance policy, keep close tabs on your state’s laws, especially where Stand Your Ground laws are concerned. Laws are always in flux, so make a point of checking your coverage whenever you notice a change in the law.

Disclaimer: Cacharme assumes no responsibility for error, misuse, or misunderstanding of/in the above material, which is for informational purposes only.

Improving Your Odds as Gun Violence Is on the Rise

Every single day around the world people go to work to both make a living and a difference. For the writers, editors, and support staff at the Capital Gazette in Annapolis, Maryland, June 28, 2018 was no different. There was a life spent informing the public by reporting the news. But, when Jarrod Warren Ramos barricaded the Gazette’s back doors then shot out the glass doors leading into the newsroom, five hard-working people lost their lives. Instead of writing the news that day, they became it.

Depending on who you ask, workplace violence comes as a shock or as a sobering reminder that despite your surroundings bad things can and do happen. In the tragedy in Maryland, the shooter’s long-held grievance against the way the Gazette portrayed him in a 2011 criminal harassment complaint compounded with his failed defamation lawsuit against them in 2012 led him to make written threats against the paper, which he ultimately escalated with violence.

Fortunately, law enforcement’s rapid response and arrival on-scene made a critical difference in Annapolis – but as history has shown us, this is not always the case, and being personally prepared and possibly armed inside a building during such an event can have a positive impact on the outcome.

A Sad, All-Too Common Occurrence

Despite the perceived level of safety we feel in most situations, even the most benign environment can change in an instant. Most of us opt for careers based not on their relative safety but on our skills and interests. When President Trump issued his statement regarding the tragic workplace shooting at the Capital Gazette, he reminded everyone, businessmen and security personnel alike, that, “Journalists, like all Americans, should be free from the fear of being violently attacked while doing their jobs.” And therein lies the problem. We “should” not have to work in fear of an attack, yet, there is no guarantee that we won’t be confronted by one.

For most of us, the last place we’d expect to fall victim to violence is the workplace. Being in a professional environment has, in many ways, lulled us all into a false sense of security. How prevalent is the threat? According to the Bureau of Labor Statistics, in 2016, “there were 500 workplace homicides in the United States,” the highest number since 2010. What’s worse is the number of fatalities incurred by men in the workplace, which is a staggering 82%.

The Victims Aren’t Who You’d Expect

Historically, there’s no set statistic that shows who becomes a victim in a shooting situation. Oftentimes, the shooter has a connection with either a person or the company that he or she targets, but upon entering the facility, the victims are generally those within the shooter’s immediate range. If you don’t have security personnel at the ready, then a shooter is likely to injure more people in the direct area where no response is anticipated.

The Bureau of Labor Statistics has compiled data that shows certain occupations are at greater risk. For example, in 2016, 79% of all workplace homicides were gun-related, and “first-line supervisors” (aka managers) as well as police and sheriff’s patrol officers neared the top of the list.

Carrying On-Body Is A Great Line of Defense

As safe as your workplace may seem, the unexpected often occurs, which makes the need for personal safety a priority at all times. Laws for carrying in the workplace vary greatly, and your employer’s company policies must be followed to avoid penalty, but if policies permit you to have your weapon accessible and on-body during work hours, you’ll be better prepared and able to draw it in a timely manner with precision. Unlike a briefcase, where you’ll lose precious time trying to locate your weapon, on-body carry enables you to respond instantaneously when a crisis occurs.

How to Improve Your Chances While Protecting Yourself and Others

If you’ve been authorized to carry a concealed weapon in your state, then you know the difference carrying on-body can make. Clothing choices, however, may hinder your comfort and make printing a problem. Cacharme’s Concealed Carry Blazers are designed to address both needs. The blazer’s lining acts as a tactical vest, and the custom inserts cradle your firearm of choice. Unlike a briefcase or backpack, these blazers are designed to make precision access effortless, making it safer to draw your weapon in a crisis. You can even unbutton your jacket while keeping your weapon completely concealed.

You Must Prepare for What You Can’t Prevent

Just like having an earthquake preparedness kit or emergency rations in your vehicle, you should and must prepare for the unknown in any given location. According to the Gun Violence Archive, there have already been more than 30,000 incidents in 2018 – and the year is barely half over. Events like the tragic Maryland shooting show no sign of ceasing, and when the unexpected occurs, having the ability to potentially intervene and protect yourself and others is more than wishful thinking. Safe, comfortable concealment offers peace of mind as well as protection and the ability to potentially reduce a tragedy.