According to a ValuePenguin survey, 75% of American consumers believe gun owners should be required to have liability insurance on their firearms.
The survey revealed that the majority (44%) think firearm owners should be required to have separate insurance policies for each weapon, while 31% say a single policy per owner would be enough. Gen Zers, those earning more than $100,000 and parents with children younger than 18 were especially likely to support insurance requirements.
Although discussions about gun control don’t often focus on insurance, most of those surveyed saw insurance policies as a way of addressing gun violence.
As mentioned, 75% of Americans favour requiring liability insurance for gun owners. In fact, support for liability insurance on guns is almost as high as support for liability insurance on homes (72%) or cars (84%), according to ValuePenguin.
Gen Zers ages 18 to 26 are most likely to support insurance requirements, with 82% in favour. The idea of insurance requirements also gets strong support among six-figure earners (80%) and parents with kids younger than 18 (78%).
In terms of the type of policy consumer support, ValuePenuin reported that the majority (44%) think firearm owners should be required to have a separate insurance policy for each gun, while 31% say a single policy would suffice.
Notably, parents with children younger than 18 are the most likely to support multiple insurance policies. Of this group, 49% say gun owners should have one policy per gun. In comparison, 42% of those with no children and 36% of those with adult children say the same.
Divya Sangameshwar, ValuePenguin insurance expert, said, “Insurers have always led the way when it comes to safety. Car insurance companies reward drivers with premium discounts for buying vehicles that come with safety features. Homeowners also get discounts for installing smoke and carbon monoxide detectors, erecting child proof fences around swimming pools and buying homes close to fire stations.
“In the case of gun ownership, insurance premiums and discounts can be used to promote gun safety and pave the way for common sense safety laws in the future.”
Earlier this year, Insurify reported that Home market volatility will likely continue as home insurance rates are expected to continue to rise.
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