The cost of mandated insurance for gun owners

From Fox News:
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.  . . . . 

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Blogger Sevesteen said...

I wonder how much it would cost for the NRA to tweak its member benefits program to meet the minimum requirements of this insurance. This might backfire on the anti gun people who are proposing this by doubling or tripling membership.

4/02/2013 9:47 PM  

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