Question

A legal concept that holds gun manufacturers liable for the cost of injuries caused by guns. Several cities have filed lawsuits based on this concept is termed as?

A Gun Liability Correct Answer Incorrect Answer
B Commercial Insurance Correct Answer Incorrect Answer
C Industrial Insurance Correct Answer Incorrect Answer
D Gap Insurance Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Most individuals have some property and liability coverage for firearms in their standard homeowners' policy. Additional liability coverage is available through a personal umbrella policy. A few policies cover losses from accidental shootings in excess of the homeowners' coverage.

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