Owners of firearms required to have liability insurance, and homeowners' and tenants' policies required to include liability coverage for accidental discharge of firearms.

This bill requires Minnesota firearm owners to maintain liability insurance covering at least $100,000 for accidental or unintentional discharges, with insurers mandated to offer this coverage as part of homeowner's policies. The law applies to all firearm owners in the state starting October 1, 2026, and establishes penalties including fines for non-compliance, with options to suspend penalties if proof of insurance is provided within 30 days. Owners may request exemptions from a district court if they are denied coverage by multiple insurers or lack financial resources, provided they demonstrate safe firearm storage practices. The bill also defines "damage" to include injury, death, or property damage, and clarifies that firearm owners remain responsible for lost or stolen weapons until law enforcement is notified.