Gun insurance may soon be required by all firearm owning Americans

gun insuarnce shooter homeowners

A new House bill has been introduced that would mean that owners would need to carry liability coverage. House Democrat Rep. Carolyn Maloney (NY) introduced a bill, last week, that would mean that Americans who own firearms would also need to purchase a gun insurance policy to ensure that they have a minimum level of liability coverage. The Firearm Risk Protection Act was opened up to Congress on Friday and would require insurance policies. This gun insurance coverage would need to be in place before a consumer would be able…

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Gun insurance still being considered by many state legislatures

gun insurance liability coverage

Liability coverage is being debated by a number of different states for the ownership of firearms. Following the string of shootings across the country – such as that of Newton, Connecticut’s Sandy Hook Elementary School – lawmakers in many states, as well as at the federal level, are considering ways, such as the implementation of gun insurance, for tightening control over the ownership and use of firearms. Many states are hoping to introduce or re-introduce the requirement for liability coverage for owners. For instance, the legislators in Pennsylvania and Maryland…

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Gun insurance strategy backed by Warren and Menino

gun liability insurance

Mayor and Senator in favor of a higher cost for coverage for owners at a higher risk. The mayor of Boston, Thomas Menino, and Senator Elizabeth Warren have stated that they are in support of the Beacon Hill legislation that would add a gun insurance liability coverage requirement to their weapons ownership. The legislation would add new coverage requirements for owners of firearms, rifles, or shotguns. Under a new provision to the legislation, which was filed by Rep. David Linsky (D-Natick), anyone owning one of these weapons will need to…

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