The cost of mandated insurance for gun owners
In Illinois, the House rejected a measure 34-74 that would require people carrying concealed weapons to also carry $1 million in liability insurance. Chicago Democrat Kenneth Dunkin was behind the defeated bill. He said an insurance policy would cost between $500 to $2,000, but Illinois Republicans successfully argued the costs were too high for citizens exercising their constitutional right to carry a gun, and the bill was defeated. . . . .Guess who is going to pay the highest insurance premiums: Poor people who live in high crime urban areas. Meanwhile in Congress there is a push to mandate such insurance.
A New York Democratic lawmaker is behind a national push that would force gun owners to buy liability insurance or face a $10,000 fine.
The Firearm Risk Protection Act, pushed by Rep. Carolyn Maloney and seven co-sponsors, follows efforts at the state level to create the controversial new kind of insurance for gun owners. . . . .