Posts Tagged gun insurance

The Trace Questions If Firearms Insurance Will Work

From The Trace:

But as we pored over the particulars of San Jose’s ordinance and interviewed insurance experts, we found that the plan may end up not being as effective as proponents have advertised: It will only cover shootings that occur under a narrow and specific set of circumstances, providing little incentive for gun owners to adopt safer practices.

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Pros and Cons of Mandatory Firearms Insurance

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.

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Stolen Guns and Insurance

From The Truth About Guns:

She said had no firearm insurance at all. She wasn’t a NRA/GOA member and didn’t think that something like this would ever happen to her. She lived in a good neighborhood. She expected people not to break into cars in broad daylight in a city hall parking lot. Stolen firearms were always something that happened to other people.

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NRA Is Now Selling Insurance For Self Defense

From Politico:

…last month the NRA announced a new insurance product, Carry Guard, which they marketed to their millions of members online and at their annual meeting in Atlanta. The idea of firearms liability insurance has been previously championed by gun safety advocates on the left, who envisioned insurance as an instrument of public safety that could encourage safer guns and safer behavior. As implemented by the NRA, though, firearms liability insurance has a different function—to insulate gun owners from the expense and other possible consequences of a shooting.

Powell explains that Carry Guard was created to accommodate the needs of a changing culture in the U.S., where more people carry concealed weapons. “There’s just been this incredible carry revolution that’s taken place over the past eight years, and you know, the NRA started it. We started this in Florida 35 or 36 years ago, passing the first concealed carry bill. And so this is really a response to that movement and our members saying ‘Hey, we need you guys to be the gold standard for training, liability insurance— everything concealed carry.’”

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Washington Bill To Require Insurance For Gun Owners

From MyNorthwest.com:

Sen. Maralyn Chase (D-Edmonds) says people have to buy insurance for their homes, their cars, and other items, so having it for guns makes sense to her.

Chase insists her bill is not about gun control, but rather public and private protections.

“I fully believe in Second Amendment rights, however, with those rights come great responsibilities,” Chase said. “We see the destructive power of guns almost nightly on the news and yet we do not require gun owners to have any type of liability insurance. Requiring liability insurance may cause an irresponsible gun owner to exercise extra care in preventing firearm-related accidents, especially in tragic accidents involving children.”

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