ICK, Ed's BOY
Democrat Proposes Law Requiring Firearm Owners Have $1,000,000 Insurance Policies
Monday, Feb 16, 2009
Illinois — the land of Obama and the Blagojevich mafia — is serious about making the Second Amendment so expensive only the rich will be able to exercise it. Kenneth Dunkin, a former social worker and Democrat member of the Illinois House of Representatives, has introduced HB0687, entitled the “Firearm Owners ID-Insurance” bill. It is currently in the Rules Committee.
Dunkin’s bill amends the Firearm Owners Identification Card Act, a previous bill aimed at chipping away at the Second Amendment. Dunkin’s amendment states “that any person who owns a firearm in this State shall maintain a policy of liability insurance in the amount of at least $1,000,000 specifically covering any damages resulting from negligent or willful acts involving the use of such firearm while it is owned by such person.”
A million dollars!
Can you imagine the premium on such an insurance policy? It would be astronomical and out of the reach of most people in Illinois.
If the firearm owner cannot afford the insurance or decides that it is simply crazy and also unconstitutional and refuses to participate, “the Department of State Police shall revoke and seize a Firearm Owner’s Identification Card,” thus making the the firearm illegal and the owner a criminal.
If Dunkin’s bill makes it out of committee and is passed by the Illinois General Assembly, a whole lot of people will have their firearms confiscated by the State Police.
Of course since this has to do with § INSURANCE § so you know I HAVE to comment....
Well, first off, the lawyers and legislators have AGAIN written language without asking even the most rudimentary questions of people already in the insurance field.
Add to that the fact that this reporter probably ALSO did not even ask the most cursory questions of people in the insurance field... this is the kind of junk you get.
First of all, probably everyone here has some kind of homeowners insurance. Such a policy ALREADY have liability insurance within the contract for $100,000, $300,000, or $500,000 in the base contract. This coverage is designed to cover someone for such examples as accidental discharge, hunting accidents, unforeseen circumstances, etc.
Cost to increase
The cost to increase that coverage to $1,000,000 is probably AT MOST $150... and THAT would give you additional liability over autos and everything else... not just guns. With most companies the cost to only increase the homeowners part could be as little as $30.
Now everyone's insurance policy does have exclusions for INTENTIONAL ACTS. So, for example, if I get tired of hearing you moan about the Pittsburgh Steelers and punch you in the nose, I can't expect my homeowners liability insurance to protect me from your injury lawsuit when I have INTENTIONALLY swung with the intention to hurt you.
Exclusions for self defense?
Now I can see a big question that, if you are coming at me with a knife, when I shoot you in that special place does my liability insurance protect me when your WIFE sues for loss of your sweet sweet lovin'? Good question, I would bet yes.... although I can't point to a claim or case statistics that say so. It is my understanding that judges routinely refuse to entertain lawsuits when persons are using reasonable force.
Now if everyone was FORCED to purchase a liability contract that HAD NO EXCLUSIONS.... well I can't imagine a free market system that could generate such a product and have the price reasonable. Having worked in insurance for a long time though, ANYTHING is possible. I would imagine that a regular joe with NO concealed carry permit probably would be able to purchase some kind of rider in a few years. As for a guy that regularly carries, boy, the market is going to charge that guy a bundle.
Edited by Ick - February/16/2009 at 13:49
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