Star
Gold Member
- Apr 5, 2009
- 2,532
- 614
- 190
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The idea that gun owners should be required to have liability insurance is not a new idea but-----but I have yet to see anything other than shallow emotional arguments against.
It seems to me that liability insurance for gun owners is win-win-win legislation
1) gun owners don't have to go through background checks or waiting periods
2) the marketplace decides liability based on risk factors
3) insurance companies earn a profit
The way I see it, Carolyn Maloney's bill, H.R. 2546, with a tweak here and there, fits nicely into the constitution, addresses gun violence and victim compensation paid for by bad guys with guns, and passes the constitutional regulation test.
A Free Market Solution to Gun Violence
<snip>
Intimating an unwillingness to consider new legislation, Senator Charles Grassley (R-Iowa), chairman of the Senate Judiciary Committee said, âitâs disastrous that this bureaucratic mistake [Dylann Roof's drug possession confession] prevented existing laws from working and blocking an illegal gun sale. The facts undercut attempts to use the tragedy to enact unnecessary gun laws.â
This fits with the general Republican narrative that governments are incompetent to do much of anything. If only existing gun laws had been enforced, there would have been no killings. If only the federal agents hadnât screwed up, those worshippers would still be alive.
<snip>
Comes now an ingenious proposal from Congresswoman Carolyn Maloney (D-NY). In H.R. 2546, Maloney proposes that before anyone other than a government can buy a gun, he or she must provide the seller with evidence that he or she has a âqualified liability insurance policyâ protecting third parties from âlosses resulting from the use of the firearm while it is owned by the purchaser.â
The idea is that rather than try to ban the ownership of firearms, we simply treat guns as dangerous instruments, incentivize their proper use and compensate for losses the way we do for cars. Maloney argued, âWe require insurance to own a car, . . The results are clear: car fatalities have declined by 25 percent in the last decade.â
Thatâs because, just as with cars (conservatives, listen up), âan insurance requirement would allow the free market to encourage cautious behavior. . .â
Whatâs not to like?
An insurance requirement would get the government out of the business of deciding who may have a gun and who may not. There would be no national registry, and to the extent that there are records of gun ownership, theyâre controlled by multiple private companies. There would be no potential for government âincompetence.â
Gun enthusiasts and sportsmen could renew their policies every year, and upon presentation of a valid insurance card (just like the ones we carry in the glove compartments of our cars), they could buy guns wherever they wanted and take them home on the very same day. Under the bill, gun sellers would only have to prove that they had asked for and seen an insurance card, a requirement easily satisfied by a photocopier or a scanner.
And insurance companies would be a position to do what they do best: assess risk and protect against it. They might charge higher rates for men and boys, people younger than, say 30, and people who havenât had training in gun safety. There could be higher rates for different kinds of weapons. Insurance companies could refuse to insure people with criminal records and histories of mental health issues. Responsible âlaw-abidingâ citizens not likely to be involved in gun tragedies would pay low rates. Victims could be assured that there would be money available to compensate them for their injuries.
Of course, this sets insurance companies up to be ârent collectorsâ in the economic sense. But theyâd be performing a valuable public service, and for that, who could begrudge them the opportunity to make a buck or two? Does anyone think that the National Rifle Association wouldnât jump at the chance to sell something else to its members that they have to buy?
H.R. 2546 has some flaws. It doesnât define what the liability limits would be for a âqualified liability insurance policy.â More seriously, it doesnât seem to apply to people who arenât âpurchasers,â and so it would be unlawful for a person to own a gun without also having insurance coverage, as written, the bill wouldnât keep guns out of his hands of people who get them from their parents.
Still, this approach has promise. Who says liberals canât appreciate the power of the free market?
"What's not to like?"
.
The idea that gun owners should be required to have liability insurance is not a new idea but-----but I have yet to see anything other than shallow emotional arguments against.
It seems to me that liability insurance for gun owners is win-win-win legislation
1) gun owners don't have to go through background checks or waiting periods
2) the marketplace decides liability based on risk factors
3) insurance companies earn a profit
The way I see it, Carolyn Maloney's bill, H.R. 2546, with a tweak here and there, fits nicely into the constitution, addresses gun violence and victim compensation paid for by bad guys with guns, and passes the constitutional regulation test.
A Free Market Solution to Gun Violence
<snip>
Intimating an unwillingness to consider new legislation, Senator Charles Grassley (R-Iowa), chairman of the Senate Judiciary Committee said, âitâs disastrous that this bureaucratic mistake [Dylann Roof's drug possession confession] prevented existing laws from working and blocking an illegal gun sale. The facts undercut attempts to use the tragedy to enact unnecessary gun laws.â
This fits with the general Republican narrative that governments are incompetent to do much of anything. If only existing gun laws had been enforced, there would have been no killings. If only the federal agents hadnât screwed up, those worshippers would still be alive.
<snip>
Comes now an ingenious proposal from Congresswoman Carolyn Maloney (D-NY). In H.R. 2546, Maloney proposes that before anyone other than a government can buy a gun, he or she must provide the seller with evidence that he or she has a âqualified liability insurance policyâ protecting third parties from âlosses resulting from the use of the firearm while it is owned by the purchaser.â
The idea is that rather than try to ban the ownership of firearms, we simply treat guns as dangerous instruments, incentivize their proper use and compensate for losses the way we do for cars. Maloney argued, âWe require insurance to own a car, . . The results are clear: car fatalities have declined by 25 percent in the last decade.â
Thatâs because, just as with cars (conservatives, listen up), âan insurance requirement would allow the free market to encourage cautious behavior. . .â
Whatâs not to like?
An insurance requirement would get the government out of the business of deciding who may have a gun and who may not. There would be no national registry, and to the extent that there are records of gun ownership, theyâre controlled by multiple private companies. There would be no potential for government âincompetence.â
Gun enthusiasts and sportsmen could renew their policies every year, and upon presentation of a valid insurance card (just like the ones we carry in the glove compartments of our cars), they could buy guns wherever they wanted and take them home on the very same day. Under the bill, gun sellers would only have to prove that they had asked for and seen an insurance card, a requirement easily satisfied by a photocopier or a scanner.
And insurance companies would be a position to do what they do best: assess risk and protect against it. They might charge higher rates for men and boys, people younger than, say 30, and people who havenât had training in gun safety. There could be higher rates for different kinds of weapons. Insurance companies could refuse to insure people with criminal records and histories of mental health issues. Responsible âlaw-abidingâ citizens not likely to be involved in gun tragedies would pay low rates. Victims could be assured that there would be money available to compensate them for their injuries.
Of course, this sets insurance companies up to be ârent collectorsâ in the economic sense. But theyâd be performing a valuable public service, and for that, who could begrudge them the opportunity to make a buck or two? Does anyone think that the National Rifle Association wouldnât jump at the chance to sell something else to its members that they have to buy?
H.R. 2546 has some flaws. It doesnât define what the liability limits would be for a âqualified liability insurance policy.â More seriously, it doesnât seem to apply to people who arenât âpurchasers,â and so it would be unlawful for a person to own a gun without also having insurance coverage, as written, the bill wouldnât keep guns out of his hands of people who get them from their parents.
Still, this approach has promise. Who says liberals canât appreciate the power of the free market?
"What's not to like?"
.