Compulsory Firearm Insurance for Concealed Carry

Concealed carry permits provide a situation where gun insurance is needed that is much simpler than guns in general.  Taking the guns out into the community provides an additional reason to provide guaranteed financial responsibility and many of the problems that have to be overcome to design good insurance are mitigated.  Some of the reasons that required insurance would be easier to implement are:

  • Most permit holders are generally responsible people and many have purchased or would purchase liability insurance to give legal protection to the insurance owner.  The insurance that will be recommended here is much broader than currently available liability insurance which is designed to protect victims, it will also provide better protection to the permit holder.
  • Permit holders are already registered with government entities.  Enforcement of this insurance requirement will not require a new registration system.
  • The problem that “criminals won’t buy insurance” is not applicable as they won’t have permits.
  • Insurers are likely to be more willing to provide the required insurance to this group.
  • The Supreme Court of the United States has declared that there is Constitutional protection for having self defense guns in the home; but it has not done so for guns in other places.

There are also good reasons over and above the reasons for guns in general to require this insurance for guns being carried in the community: Continue reading

Self-Defense Gun Insurance

Persons who carry guns for self defense or who keep guns in their homes often worry about the liability should they shoot someone.  This motivates the drive by the NRA and other pro-gun organizations to adopt laws that immunize shooters, but it is also makes a substantial market for legal protection. It’s likely that steady publicity given to dubious claims of millions of defensive uses of guns make many people think that such protection is needed.  There have sprung up a number of organizations which attempt to fill this market with products which may contain an insurance component or, if not claimed to be insurance, are similar to it in most respects.

Continue reading

Hearing Held on DC Gun Insurance Bill

On Thursday May 16, 2013 the District of Columbia held a hearing on the B20-170, Firearm Insurance Amendment Act of 2013 their Gun Insurance Bill.  The first panel consisted of Dan Gross, President of the Brady Campaign; Erin Collins from NAMIC; Tom Harvey, Gun Insurance Blog and Kris Hammond, Resident of DC.

The hearing was taped and the video is available here.  Written testimony from Dan Gross, Kris Hammond and Chester A. McPherson is here.  News coverage generally ignored the supporters of the bill.  For example see the Washington Post Story.

After preliminary remarks by Committee Chair Vincent Orange and Councilmember Mary M.Cheh (the bill sponsor) the first to present was Dan Gross who gave a good presentation in support of the bill outlining the seriousness of gun violence in the US.  He gave an example illustrating that current insurance does not apply even to many accidents, if it is available at all.  He stated that “it is absolutely unfair to saddle innocent victims with all the costs.

Erin Collins gave a presentation of the industries opposition to mandating insurance for guns.  It stated that this insurance was unnecessary and impractical and repeated that it couldn’t cover intentional acts.

Tom Harvey for this blog gave an oral version of the written statement below but added examples to counter the statement by MS Collins that insurance couldn’t cover intentional acts. Continue reading

Firearm Suicide in DC

This blogger has been researching statistics for presentation to the District of Columbia City Council in relation to their bill B20-170 to require insurance for guns.  Some of the figures are striking.  Firearm homicide for DC over the 10 year period 2001-2010 is over 5 times the national average but firearm suicide is one third of its national average.  This means there are over 15 times as many suicides per homicide nationally than in DC.  Part of this difference is no doubt demographic.  Suicide rates vary dramatically by race, age and gender.  But the non-firearm suicide rate per 100,000 persons in DC is 75% of the national average and the firearm suicide rate is only 32% of the national average.  That difference is probably due to the scarcity of guns in DC even with the large illegal gun problem. If this difference had not existed then there would have been an additional 142 firearm suicides in DC during the 10 year period.

It’s fair to conclude that DC’s strict firearm laws are saving about 14 lives a year from suicide, but would an insurance requirement have a substantial part of this effect in places where firearms are common.  Suicide researchers generally think that most suicides are impulsive and that substitution of means is uncommon.  This is an area where removal of the restrictions on firearm data gathering and research is very much needed.  Insurers requirements for safe storage can make a large difference.  Many informed public health experts believe that even things as small as separate storage of ammunition and keeping guns unloaded will make a substantial difference.  A person who keeps his gun at a range or shooting club rather than at home in order to get a lower insurance rate is far less likely to take an impulsive but irreversible and tragic action with it.

The figures in the table all concern deaths by firearm unless otherwise labeled.  They are totals for the period 2001-2010 and are taken from the CDC’s WISQARS system.  Rates are per 100,000 population and are not age-adjusted.

Intent DC US DC Rate US Rate
All Intents 1,453 306,946 25.18 10.21
Accidents 16 6,739 0.23 0.23
Suicide 109 175,221 1.89 5.79
Homicide 1,311 119,246 22.72 4.01
Legal Intervention 13 3,325 0.32 0.11
         
Accidents/Homicides 0.012 0.057 0.010 0.057
Suicides/Homicides 0.083 1.469 0.083 1.444
         
All Suicide Firearm or Not 352 338,043 6.1 11.38
Non Firearm Suicide 243 162,822 4.21 5.59

DC Bill on Gun Insurance B20-170 Hearing

The bill in the District of Columbia Council, B20-170, requiring insurance for guns will have a hearing at 10AM on May 16, 2013.  The text of the bill requires liability insurance of $250,000 for gun owners.  It provides for willful acts.

(b) The insurance policy required under subsection (a) of this section shall specifically cover any damages resulting from negligent acts, or willful acts that are not undertaken in self-defense, involving the use of the insured firearm while it is owned by the policy holder.

The announcement of the hearing provides for written statements until May 30, 2013.