Bill > HB1166

This bill requires firearms owners to obtain liability insurance coverage for their firearms starting January 1, 2024. The purpose is to provide compensation for victims harmed by the negligent or reckless use of a firearm and to encourage safer gun ownership practices through financial incentives from insurance providers, such as discounts for taking safety courses or using gun safes. The bill also specifies that proof of insurance coverage must be provided when applying for a permit to acquire a firearm, and that the permit must be renewed every five years with continued proof of insurance.