The frequency and severity of active assailant attacks are on the rise, and they can have a significant financial impact on the owner of the premises or business where the event took place. As a result, organizations should safeguard against potential losses stemming from an active assailant attack by securing sufficient insurance.
Namely, active assailant insurance – also called deadly weapons or active shooter insurance – can be purchased as a supplement to standard policies (e.g., commercial property or general liability coverage) that may provide limited coverage following this type of event. This article discusses what active assailant insurance generally covers, explains how it can assist in active assailant preparation and response planning, and provides examples of some potential policy exclusions.
Unfortunately, active assailant events have become increasingly common, resulting in an increased demand for active assailant insurance. This type of coverage can help with victim compensation and support, incident response and crisis management services, and protect against losses from legal liabilities, damage to property and business interruption. More specifically, active assailant insurance policies typically offer:
In order to help reduce the potential loss of life, injuries and property damage, it’s important for premises or business owners to assess their potential risk for attacks and actively engage in prevention and response preparedness activities.