Fair post Cwmman and thank you. 
Turning to another point, looking at self insurance, much depends on how large the pot is. Taking for example cases we have dealt with and been aware of in say the last 12 months on firearms appeals, in cases that are won by the certificate holder usually (unless the Judge is minded otherwise) is only liable for their costs and if they have used a lawyer and a barrister this could be around £6000. If the shooter loses the police will almost always ask for their costs too, and in a recent case I know of this ran the bill up to over £30,000. So we can see you need a pretty large pot!
Looking at insurance, its perfectly possible that in any one year, the claims on a policy may be over the premiums taken but insurers can be tolerant of this if in previous years the claims have been lower than the premiums taken, and if the 'bad' year has been an exceptional one e.g. one with a couple of 'disaster claims, and that this increase in claims is not a change in claim frequency due to a change in the market - ie they take a longer term view. However, if claims keep going above premiums and it look like this is likely to continue then the insurers will have no choice but to significantly increase the premiums or walk away and cut their losses.
I think we all know that at the moment there is far more chance of the licencing teams being risk averse and refusing, thus making an appeal through the courts more likely, this is exactly why BASC have launched this addition to our membership package, to protect our members rights.
David
Turning to another point, looking at self insurance, much depends on how large the pot is. Taking for example cases we have dealt with and been aware of in say the last 12 months on firearms appeals, in cases that are won by the certificate holder usually (unless the Judge is minded otherwise) is only liable for their costs and if they have used a lawyer and a barrister this could be around £6000. If the shooter loses the police will almost always ask for their costs too, and in a recent case I know of this ran the bill up to over £30,000. So we can see you need a pretty large pot!
Looking at insurance, its perfectly possible that in any one year, the claims on a policy may be over the premiums taken but insurers can be tolerant of this if in previous years the claims have been lower than the premiums taken, and if the 'bad' year has been an exceptional one e.g. one with a couple of 'disaster claims, and that this increase in claims is not a change in claim frequency due to a change in the market - ie they take a longer term view. However, if claims keep going above premiums and it look like this is likely to continue then the insurers will have no choice but to significantly increase the premiums or walk away and cut their losses.
I think we all know that at the moment there is far more chance of the licencing teams being risk averse and refusing, thus making an appeal through the courts more likely, this is exactly why BASC have launched this addition to our membership package, to protect our members rights.
David
…but here you go:
