Minnesota SF4837 mandates firearm owners to obtain liability insurance and imposes a surcharge on insurers.

Minnesota SF4837 requires individuals who own firearms to obtain and maintain liability insurance. The insurance must cover damages from negligent or accidental discharges, with a minimum limit of $250,000 per occurrence. Insurers must collect a surcharge on firearm liability insurance policies, which is deposited into a gun harm reduction account. Failure to obtain the required insurance is a misdemeanor, with increased penalties for repeat offenses. The law takes effect January 1, 2027.

Minnesota SF4837 mandates firearm owners to obtain liability insurance and imposes a surcharge on insurers.

Minnesota SF4837 requires individuals who own firearms to obtain and maintain liability insurance. The insurance must cover damages from negligent or accidental discharges, with a minimum limit of $250,000 per occurrence. Insurers must collect a surcharge on firearm liability insurance policies, which is deposited into a gun harm reduction account. Failure to obtain the required insurance is a misdemeanor, with increased penalties for repeat offenses. The law takes effect January 1, 2027.