From Ammoland:

Anti-gun politicians in New York are proposing mandatory liability insurance for some firearms owners. Let me give you the pitch and let’s see how you react. Yes, this is a test of sorts, so you might want to have some coffee before you dive in.

The theory is that honest gun owners cause crime. The law holds gun owners liable for everything that happens. Gun stores and gun manufacturers are held liable too. They are even liable for the actions of criminals who steal guns until the guns are reported stolen. I didn’t see any first party indemnification, so if you try and stop a robber who is stealing your guns and he shoots you with one of your own guns then you might be held liable. To sum up the theory, society would be safer because criminals will be disarmed after honest gun owners lock up their guns. The politicians say we would finally have peace on our streets, and who could object to that.