[proxy_user]

Man, that machine-gun insurance is going to be really expensive! GEICO will be quoting $12,000/yr for $100,000 liability coverage.

I suggest we be content with a handgun for self-defense. For a middle-aged, middle-class homeowner with a clean record, the insurance cost would probably be only several hundred a year.

[jjm2111]

The problem with your insurance idea is that with cars it's possible to have a whole sort of fender benders, sideswipes etc. Little collisions. The at-fault party's insurance carrier will par a few grand to fix the damage.

When it comes to firearms use, it's either justified or it isn't. If you shoot someone and it's not justified, a lawsuit is the least of your worries. If you shoot someone and it IS justified, the legal defense MAY be paid under your homeowner's or renter's policy.

I'd like to see shall-issue CCW w/ 50 state reciprocity.

[Atlas Sneezed]

"Man, that machine-gun insurance is going to be really expensive! GEICO will be quoting $12,000/yr for $100,000 liability coverage. I suggest we be content with a handgun for self-defense. For a middle-aged, middle-class homeowner with a clean record, the insurance cost would probably be only several hundred a year."

Actually, machine-gun insurance would be very cheap. First, machine guns rarely get damaged or need expensive repair. Second, they are rarely stolen. Third, they are rarely misused in a way that damages others. Most importantly, by making newly-manufactured ones available to civilans, that $5000-10,000 machine gun will now be replaceable for less than $1000, making insurance repair and theft premiums even lower.

But keep in mind that if we are to regulate guns like cars, then only liability insurance would be required, and then only for machine guns regiustered for operation on public property.

[Atlas Sneezed]

"GEICO will be quoting $12,000/yr for $100,000 liability coverage."

I will start a company and make a fortune offereing $100,000 coverage at $100 per year, with exclusions for intentional criminal acts, and only underwriting those who have clean criminal records.

Machine-gun owners are probably one of the most squeaky-clean, affluent and careful segments of society. Comparable to private pilots (who I would not be eager to insure due to the risks their actities entail.)

[coloradan]

Why should it be that expensive? How much annual damage is perpetrated by people with machine guns in any typical year? (Note: criminals and JBTs don't count.) That's the sort of costs the insurance agency needs to spread over all its policyholders, to pay the inevitable claims.