Proposed Bill Would Force Gun Owners in NY to Buy At Least $1 MILLION in Liability Insurance or Forfeit ‘Privilege’ to Own a Firearm

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The anti-gun bills continue to roll in. The latest bill, introduced in the New York State Assembly by Democrat Assemblyman Felix Ortiz, seeks to force all gun owners to purchase at least $1 million in liability insurance to cover any damages caused by firearms. It would be a mandatory requirement for anyone who owns a gun, as those who refuse to comply within 30 days would have their firearms confiscated.

“Any person in this state who shall own a firearm shall, prior to such ownership, obtain and continuously maintain a policy of liability insurance in an amount not less than one million dollars specifically covering any damages resulting from any negligent or willful acts involving the use of such firearm while it is owned by such person,” the bill, AO3908, states.

“Failure to maintain such insurance shall result in the immediate revocation of such owner’s registration, license and any other privilege to own such firearm,” the bill adds.

Further, even if a New Yorker’s gun is stolen, they are still responsible for any damage incurred until a loss or theft is reported to the police. The bill has been reportedly been passed along to the Assembly’s Insurance Committee, according to the Washington Times.

The Examiner estimates that simple liability insurance for $1 million would cost gun owners about $1,600-2,000 annually.
Lawmakers in California, Maryland and Massachusetts have introduced similar bills aimed at forcing gun owners to purchase liability insurance.

The bill comes after New York Gov. Andrew Cuomo signed into law the toughest gun laws in the nation, enacting a ban on semi-automatic rifles and limiting magazine capacity to seven. It appears that New York lawmakers still aren’t satisfied.


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