Maryland House Democrats introduced a controversial gun safety bill requiring gun owners to forfeit their ability to wear or carry without firearm liability insurance.
Introduced by Del. Terri Hill, D-Howard County, the legislation would prohibit the “wear or carry” of a gun anywhere in the state unless the individual has obtained a liability insurance policy of at least $300,000.
"A person may not wear or carry a firearm unless the person has obtained and it covered by liability insurance issued by an insurer authorized to do business in the State under the Insurance Article to cover claims for property damage, bodily injury, or death arising from an accident resulting from the person’s use or storage of a firearm or up to $300,000 for damages arising from the same incident, in addition to interest and costs,” the proposed Maryland legislation reads.
Iirc gun statistics don’t differentiate between homicides and suicides and I believe suicides is about half of that statistic.
61%, according to actuaries. It’s the same reason that this law isn’t all that great in making insurance companies the new gatekeeper for ownership: permit holders are among the lowest risk for firearm incidents. People who have guns and who won’t be paying for this insurance are the real actuarial, financial risk. The suicidal and the homicidal will be nearly excluded from the policy risks because they won’t be buying the policy. The title saying “gun owners” is incorrect, because this only applies to people who “wear or carry.” Thus, the insurance cost will be low.
From driving_crooner’s link: https://www.theactuarymagazine.org/firearm-risk/