Search found 3 matches

Return to “Self defense isurance”

by WildRose
Sun Feb 04, 2018 10:05 pm
Forum: General Texas CHL Discussion
Topic: Self defense isurance
Replies: 33
Views: 10575

Re: Self defense isurance

superstar wrote:
WildRose wrote:
You'll find out in all likelihood if you have the lawyer you need within 24-48hrs and if you're not confident in the competency of the lawyer provided you can always hire another.
Does the service you got lets you switch lawyers at no charge? Why wait for those crucial hours and not research now for the lawyer you feel confident about? Rather than get a surprise later.

It sounds to me that you'll be spending more money if you are stuck with an attorney that you are not happy with. However, if they let you pick your own and switch at no charge and you are happy then that's all it matters in the end.

If I were to research for one I would want someone with experience on the other side of the law (assistant prosecutors, prosecutors, if they were LEO's before becoming an atty. would be a plus) and having experience with criminal law.
My shooter's liability policy lets me pick the atty of my choice.

Our carry and self defense laws in this state have enough common sense behind them you're going to have to go out of your way to find yourself in a position to need one that's more than just competent unless you're unfortunate to find yourself in a handful of anti gun jurisdictions within the state.
by WildRose
Thu Feb 01, 2018 8:39 pm
Forum: General Texas CHL Discussion
Topic: Self defense isurance
Replies: 33
Views: 10575

Re: Self defense isurance

superstar wrote:
Soccerdad1995 wrote:
$200 per year multiplied by the extremely low probability that the service gets used? Sure, they can easily afford a good lawyer for you. It's just like insurance. Do I really think that the insurance company will pay me $400,000 to replace my house if it burns down even though I am only paying a tiny fraction of that amount in annual premiums? Why yes, I do. Should I think about that again? Maybe, but I will probably reach the same conclusion.

The fact is that if you want to self insure for these risks, you can (where legally allowed). And you will probably be better off. The exact amount that you will probably be better off is equal to the insurance companies overhead costs + profit divided by the number of policy holders (otherwise known as Expected Value, or EV). To put it in terms of statistics / gambling, your EV is higher by self insuring (unless you find an insurance company with really bad actuaries), but your variance is also dramatically lower by insuring. You are paying the insurance company for this reduction in variance.

The insurance analogy was good, but let's say instead of housing insurance is medical insurance. Just because you pay for the medical insurance does not mean you will get the best doctor, you will get the doctor they recommend. Is it a bargain for $200 per year to have a legal service? of course it is. Would it be a great lawyer they recommend? Only you will know when the case ends. Would you bet your life (behind bars) on it? I wouldn't. I would research the best attorney that my money could buy and if you find that said atty. retainer's fee is $30K I'm pretty confident that they will take installments and not touch your case until their fee is paid. A much better scenario in my opinion where you have complete control on who you would want to represent you than what a legal service recommends.
You'll find out in all likelihood if you have the lawyer you need within 24-48hrs and if you're not confident in the competency of the lawyer provided you can always hire another.

Personally I like knowing I'm immediately covered and that they can and will bail me out if necessary.
by WildRose
Thu Feb 01, 2018 5:57 pm
Forum: General Texas CHL Discussion
Topic: Self defense isurance
Replies: 33
Views: 10575

Re: Self defense isurance

superstar wrote:
twomillenium wrote:Make sure that your are aware of self defense insurance and pre-paid legal service. There is a difference.
+1 million. This!

From one of those shields sites... " This Legal Service Contract is not an insurance contract." "...is not a law firm and any legal services are provided by independent third-party contracting attorneys."

Think about that. You might as well put aside a little money for the a problem arises fund. The attorney can not represent you when your case goes to the grand jury, it is just you, the grand jury and the prosecutor presenting the case, and if it is a bill then that's when I would start looking for one and not what a legal service would recommend.
Your atty won't be in front of the grand jury with you but as long as you are in the right, in a "user friendly" self defense state a good atty will keep you from ever having to go before the GJ and at worst be able to prepare you well should you have to.

As for us, after much discussion between the wife and I we chose to have both the protection and a separate insurance policy as well. For a few hundred bucks a year it's a whole lot of piece of mind knowing that should we ever end up in such a situation we won't end up bankrupt for having acted in a completely lawful and reasonable manner.

Even in states that have such user friendly self defense statutes all it takes is one overly zealous DA and/or significant political pressure for them to be willing to make a martyr out of you.

Return to “Self defense isurance”