02-25-2018, 01:02 PM
leilanidude,
First of all insurance is intended to protect YOU the gun owner. Secondly in the examples you suggest what most often occurs is liability is assessed in court proportionally... which means mitigating circumstances are applied. Liability issues are essentially rational, not subjective. But in the event a gun owner was found liable the insurance company would be there to defend him/her.
Under current law I would think that a stolen knife would currently fall under an existing homeowner's liability policy. Homeowner's insurance is not required by law but is required by basically all mortgage companies. If you pay off your mortgage you are no longer required to maintain a Homeowner's Liability Policy... but most people consider it good business to maintain insurance to protect their assets.
First of all insurance is intended to protect YOU the gun owner. Secondly in the examples you suggest what most often occurs is liability is assessed in court proportionally... which means mitigating circumstances are applied. Liability issues are essentially rational, not subjective. But in the event a gun owner was found liable the insurance company would be there to defend him/her.
Under current law I would think that a stolen knife would currently fall under an existing homeowner's liability policy. Homeowner's insurance is not required by law but is required by basically all mortgage companies. If you pay off your mortgage you are no longer required to maintain a Homeowner's Liability Policy... but most people consider it good business to maintain insurance to protect their assets.
Assume the best and ask questions.
Punaweb moderator
Punaweb moderator