When the concealed Carry Act passed in Illinois, many people were excited. Illinois was the last state to pass this law. Immediately, people started taking classes to qualify for their license. Once the law passed, I started taking numerous calls on whether or not the insured’s personal liability would protect them in the event that they had to utilize their right to defend themselves. Surprisingly, the law that would be used to protect many people opened up an exposure that most Homeowners policies won’t cover.
Under the Homeowners ISO form, Expected or Intended Injury is not covered under the policy. The policy form excludes bodily injury or property damage which is expected or intended by an insured; however, the policy does contain wording indicating that the exclusion does not apply to bodily injury resulting from the use of reasonable force by an insured to protect persons or property. If the Homeowners policy doesn’t cover other aspects of this exposure, what are those who carry supposed to do? Let’s look at a few options available in the marketplace.
One option available is provided by Specialty Risk of America (SPRISKA) which provides $100,000/$250,000 combined single limit and $100,000/ $250,000 criminal defense cost and expense reimbursement. Another popular option out in the marketplace is the United States Concealed Carry Association’s (USCCA) product. They offer $250,000/$500,000/$1,000,000 and offer many other perks combined in their plans. The National Rifle Association has an endorsed insurance program through Lockton which provides many of the coverage levels that the USCCA product provides. These products are designed to provide and retain civil suit defense, criminal defense, and damages protection. The USCCA product offers perks such as stolen firearm protection, compensation while in court, 24/7 emergency hotline, immediate bail bond funding, and more. The products above are designed to protect you in the event you have to use your firearm.
If you carry a firearm, you hope to never have to use it to protect yourself. Although your Homeowners coverage may provide coverage for self-defense, there are other exposures to be concerned about. If you are going to pursue your right to concealed carry a firearm, take the extra steps to protect yourself by purchasing a gun liability product. There are great options such as the products listed above. Those who carry firearms need to gain peace of mind by knowing they are protected after an event has occurred.
Personal Lines Underwriter