Could Insurance Reduce Gun Violence?

Regardless of where one stands on gun control, it’s no secret that gun violence is a prominent issue in the U.S. -- one many agree is worth making policy changes to solve. In fact, some 95% of Americans support some form of restriction on firearm access, according to an April 2023 ValuePenguin survey.

But there could be another way to minimize the threat of gun violence -- one that’s compatible with the right to bear arms.

According to that same survey, 75% of Americans believe that liability insurance should be required for gun owners. If such a policy were to be widely enacted, future firearm regulation could end up, at least in part, in the hands of insurance companies.

In fact, this policy is already being tested in one American city.