Senate Bill S2857A
2017-2018 Legislative Session
Requires owners of firearms to obtain liability insurance

1. Any person in this state who shall own a firearm shall, prior to such ownership, obtain and continuously maintain a policy of liability insurance in an amount not less than one million dollars specifically covering any damages resulting from any negligent or willful acts involving the use of such firearm while it is owned by such person. Failure to maintain such insurance shall result in the immediate revocation of such owner’s registration, license and any other privilege to own such firearm.

For purposes of this section, a person shall be deemed to be the owner of a firearm if such firearm is lost or stolen until such loss or theft is reported to the police department or sheriff which has jurisdiction in the county, town, city or village in which such owner resides.

Any person who owns a firearm on the effective date of this section shall obtain the insurance required by this section within thirty days of such effective date.

The provisions of this section shall not apply to any peace offi- 20 cer, as defined in section 2.10 of the criminal procedure law, police 21 officer, as defined in subdivision thirty-four of section 1.20 of the 22 criminal procedure law, or any member of the military who is on “active duty” or “in active military service of the United States” as defined in 2 section one of the military law, who is authorized to carry a firearm.

The department is hereby authorized and directed to promulgate
rules and regulations necessary to carry out the provisions of this
section.
6 § 2. This act shall take effect on the ninetieth day after it shall 7 have become a law, provided, however, that effective immediately, the 8 addition, amendment and/or repeal of any rule or regulation necessary 9 for the implementation of this act on its effective date is authorized  to be made and completed on or before such date.