New York Pushes For Law Requiring Gun Owners To Purchase Liability Insurance

On January 17, 2017, Assistant Speaker of the New York State Assembly, Felix W. Ortiz, a Democrat, introduced a bill in the New York State Assembly aimed directly at gun owners.

The bill, A2260, if enacted, would require all firearm owners to purchase liability insurance for their firearms. The bill would amend the Insurance Law of the State. A2260 would require gun owners to obtain and to maintain liability insurance in an amount not less than $250,000.00 to cover damages resulting from the negligent use of that firearm.

Failure to hold such insurance would result “in the immediate revocation of such owner’s registration, license and any other privilege to own such firearm.” The bill exempts peace officers.

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