Owners of firearms requirement to have liability insurance

This bill requires Minnesota firearm owners to maintain liability insurance covering at least $100,000 for accidental or unintentional discharges, with insurers obligated to offer policies or riders that include this coverage. The law applies to all firearm owners in the state starting October 1, 2026, and establishes penalties including fines for non-compliance, though first-time violations may have fines suspended if proof of insurance is provided within 30 days. Exemptions are available through court orders for individuals denied coverage by multiple insurers or those who cannot afford insurance but meet safety requirements like having a secure storage container. The bill also defines firearm ownership to include lost or stolen weapons until reported to law enforcement and sets forth procedures for obtaining exemption orders from district courts.