New York Dem Trying to Require Gun Owners to Purchase Liability Insurance

If they can’t completely ban firearms, they can at least make it so expensive and burdensome to own them that people give up trying. One Democrat Representative from New York is trying to make it a law that gun owners purchase liability insurance while facing $10,000 in fines for noncompliance. If the law is anything like legislation introduced in California a couple years ago, there will be lower insurance rates offered if the owners’ guns are unloaded, disassembled and locked away in a safe at all times. In other words, if your gun is rendered useless at all times, then you can qualify for lower premiums. The Hill reported:

House Democrat Rep. Carolyn Maloney (N.Y.) has introduced a bill that would require gun owners to carry liability insurance.

The Firearm Risk Protection Act, unveiled Friday, would require gun buyers to have liability insurance coverage before being allowed to purchase a weapon, and would impose a fine of $10,000 if an owner is found not to have it. Service members and law enforcement officers, however, would be exempt from the requirement.

“We require insurance to own a car, but no such requirement exists for guns,” Maloney said in a statement. “The results are clear: car fatalities have declined by 25 percent in the last decade, but gun fatalities continue to rise.”

Maloney said auto insurance carriers incentivize drivers to take precautions to reduce accidents, but no such incentives exist for firearm owners.

“An insurance requirement would allow the free market to encourage cautious behavior and help save lives,” she said. “Adequate liability coverage would also ensure that the victims of gun violence are fairly compensated when crimes or accidents occur.”

The “free market?” This proposed government mandate has nothing to do with the “free market.” A free market would never allow a law to be passed that requires that everyone purchase a particular product. That’s the result of crony capitalism.

The insurance industry just wants more customers. What better way is there to ensure industry growth than by forcing people, under threat of government-imposed heavy fines, to buy something, in this case liability insurance policies?

These lawmakers, perhaps unwittingly, are slowly driving gun ownership out of existence through taxes, fees, fines and regulations. Eventually, people won’t be able to afford to own a gun because of all the bureaucratic red tape.