Gun Liability Insurance: A Coming Idea?

[SecularMotion]

A friend sent me a story concerning a new movement to have owners of guns being required to carry liability insurance on those guns. This has always seemed like a no brainer to me.

Guns do major damage in this country much as automobiles do. It just seems to make sense that if you have a piece of machinery that can inflict personal and property damage that you should be insured to cover that damage. To be honest I do not know if damage done by your gun is covered under another policy such as homeowner’s insurance, but if it is it is purely woeful inadequate.

Last year Mother Jones magazine did a special investigation on the cost of gun violence in this country. They had a hard time tracking down numbers in this area because the study of the effects of gun violence has been squelched by the US congress and various state legislatures. Even with that trouble MJ was able to come up with an estimate that the cost of gun violence is about a quarter of a trillion dollars per year or about $700 for every man, woman and child in this country.

We require every vehicle that is sold to be covered by insurance before the keys to the ignition are handed over whether it be a showroom sale or a private sale. We do this as a society so that if the driver of the vehicle causes property or bodily damage with that vehicle then the person driving is accountable and responsible for their damage. This concept of responsibility and accountability also extends to machinery used in businesses and also to products produced by a business.

http://www.blogforiowa.com/2016/02/13/gun-liability-insurance-a-coming-idea/