Relates to requiring liability insurance for owners of firearms, rifles and shotguns

This bill (A 3376) would require all individuals owning firearms, rifles, or shotguns in New York to obtain and maintain liability insurance covering damages from negligent use. It mandates insurance before obtaining a firearm license, with failure to maintain it resulting in fines ($150-$1,500) and immediate revocation of firearm privileges. The law includes exemptions for active peace officers, police, and military personnel on active duty, and gives existing owners 90 days after regulations are set to comply. It does not apply to lost or stolen firearms until reported to police.