Financial Implications of Self Defense Part 2

Recently I wrote about some "insurance" type policies to help in the event of a self-defense event. I've found two more options that I wanted to pass along.

USCCA Defense Shield

This program offers various levels of protection for civil and criminal liability. It looks very similar to the NRA program. The downside I've found is that USCCA is somewhat controversial for spamming their members, and this program is fairly new without much of a track record.

Prices as follows:

$50K civil / $25K criminal - $127/year

$100K civil / $50K criminal - $197/year

$300K civil / $75K criminal - $297/year

There's also an option to double criminal protection via a grant.

MMD Brokers LLC

This policy is similar to the NRA insurance, and is even also underwritten by Lloyd's of London. It covers relatives (in the home only) and applies in an apparently wider set of circumstances. They also allow you to use the benefit for either civil or criminal expenses. Their prices are as follows:

$100,000 - $250.00 plus tax
$250,000 - $330.00 plus tax

To Include Licensed Spouse:
$50.00 plus tax - $100,000 Limit
$75.00 plus tax - $250,000 limit

SUMMARY

Here's a table that summarizes the options, with the bottom line being the annual cost per dollar of coverage:

PROGRAM	COST	CIVIL	CRIMINAL	TOTAL	COST PER DOLLAR
USCCA Platinum	297	300,000	75,000	375,000	0.000792
NRA Plus	254	250,000	50,000	250,000	0.001016
USCCA Gold	197	100,000	50,000	150,000	0.001313
MMD Plus	330	250,000	250,000	250,000	0.00132
NRA Basic	165	100,000	50,000	100,000	0.00165
USCCA Silver	127	50,000	25,000	75,000	0.001693
MMD Basic	250	100,000	100,000	100,000	0.0025
ACDN	85	0	10,000	10,000	0.0085
CHLPP (4 yr)	100	0	10,000	10,000	0.01
CHLPP	129	0	10,000	10,000	0.0129

Basically, it boils down to the biggest programs from each provider offering the most efficient protection. ACDN and CHLPP are the most expensive (by orders of magnitude), but their protection is different. ACDN drops $10K into your lawyer's bank account pronto, whereas the insurance programs don't pay up until you're cleared (i.e., everything else is out of pocket). I also didn't factor in possible grant monies. CHLPP is similar in that they provide benefits until you're past the grand jury stage, which I roughly valued at around ten grand.

Here's the options for covering you and a spouse:

PROGRAM	COST	CIVIL	CRIMINAL	TOTAL	COST PER DOLLAR
USCCA Platinum	594	300,000	75,000	375,000	0.001584
MMD Plus	405	250,000	250,000	250,000	0.00162
NRA Plus	508	250,000	50,000	250,000	0.002032
USCCA Gold	394	100,000	50,000	150,000	0.002627
MMD Basic	300	100,000	100,000	100,000	0.003
NRA Basic	330	100,000	50,000	100,000	0.0033
USCCA Silver	254	50,000	25,000	75,000	0.003387
CHLPP ( 4 yr)	125	0	10,000	10,000	0.0125
ACDN	125	0	10,000	10,000	0.0125
CHLPP	229	0	10,000	10,000	0.0229

This is where the NRA programs fall down. MMD and USCCA offer spouse add-on prices which help a lot when insuring a family. They are basically the same when it comes to getting protection, with NRA coming in next.