While legal gun ownership is a right, it still comes with a great degree of risk and responsibility. Each year, 500 people die from unintentional firearm injuries. Americans are 4x more likely to die from an unintentional gun injury than any other high-income country. Teenagers are the most at risk for unintentional gun death. Over 4.6 million children live in homes with at least one unloaded, unlocked gun.
The good news is that unintended shootings are often preventable. Most unintended injuries can be prevented by storing firearms securely. Using a gun safe, installing a trigger lock, and using a loaded chamber indicator are some safety practices that help prevent unintentional shootings and suicides. 31% of accidental firearm death could be prevented with child-proof safety locks and loaded chamber indicators.
While insurance alone may not make guns safer, it does have a domino effect to decrease deaths. Standard homeowners insurance policies can include some coverage for firearms, but it doesn’t protect from crimes committed with unreported stolen firearms and costs associated with acts of self-defense. Add-on coverage for homeowners can extend the coverage limit, and stand-alone gun insurance policies offer the most coverage. Gun liability insurance is there to cover damage associated with negligence and unintended shootings. If you own firearms, it’s important to consider gun insurance coverage.