If you are a gun owner and think that owning one would not get your insurance policy approved or deny you of any benefits from your current insurance, then you should be informed that owning guns does not stop you from taking advantage of insurance. You can Read more at Adventurefootstep on this.
However, there are thin lines in every policy that you should look upon in your insurance with regards to having a gun in your house, especially with any incidents covered in your policy that are associated with gun misuse.
That said, here are four things that you should know about your insurance and its connection to gun ownership:
In the Event Someone Steals Your Gun
Two factors are considered in this scenario, no matter how inherently nuanced the case is. In the event that the gun is stored in an unsecured compartment or location (i.e. an unlocked car, a room with no lock, an obvious location, etc.) and someone wishes to use it to inflict harm, you would not be held liable and the thief has outweighed your negligence.
However, if the thief is not of legal age and is considered a teenager, chances are you will be partly liable for negligence. Such is considered when the gun is used to harm himself or herself or someone else and has actually injured oneself or another with the use of your gun. Nonetheless, this is a case-to-case basis, and negligence can be covered in this matter on insurance liabilities.
Using Guns for Self-Defense
Such type of defense, alongside any intentional actions, is investigated and may be denied of insurance by your policyholder and insurance provider. For instance, if you have shot a burglar and the latter filed a lawsuit against you, chances are you will be examined on the force of your self-defense.
In the event you are proven guilty of a criminal offense against the burglar, regardless of who outweighs the case, you can be denied insurance and may not receive any defense fees to help you win the case.
Nonetheless, this is variated in every state, so it is best to consult your insurance agent or specialist about this case. Plus, most insurance policies are offering standalone policies that give insurance to guns and self-defense acts. Nonetheless, it is still recommended to review your insurance policies before even owning or possessing a gun.
Someone Uses Your Gun and Shoots Someone by Accident
This is placed under investigation whether such an accident can be considered a criminal offense. Otherwise, insurance policies cover the liabilities including those misfires outside of one’s house. This also requires a thorough review of your insurance policy with regard to accidental injuries, including shooting by accident.
However, it is best to note ahead that this coverage does not include medical expenses if an accidental shooting happened between family members. This is covered entirely in a different policy, either medical or life insurance, if you have one.
Guns May Not Increase Insurance Premiums
They have no effect on your application for insurance, have no desirable factor in home insurance premiums, and will not even cover any claim that is associated with the use of your gun or any type of firearm.
Anything that happened while you’re using your gun is based on incidental matters, and owning a gun may even put you in a liability in the case when you are proven guilty of a criminal offense by using your own gun.