Banking and insuranceEconomical

The increase in the price of shooting accident insurance in the United States due to the increase in crimes


According to Iran Economist, quoted by Reuters, since the beginning of this year, 293 cases of public shooting have been reported in the United States, which has caused the cost of personal insurance against these incidents to grow by 10% this year alone.

Statistics show that the number of public shooting incidents in the United States has increased significantly compared to 2020, and therefore the demand for insurance related to these incidents has increased in the United States.

In just one case that recently happened in an elementary school in the state of Texas, 19 children and two teachers lost their lives, which is considered the worst shooting in American schools in the last 10 years.

Public shooting insurance covers victims’ legal expenses, building reconstruction, government expenses, medical expenses, and costs associated with post-accident psychological counseling.

“The number of such incidents has definitely increased in recent weeks,” said Chris Parker, head of political violence and lethal weapons protection at Beasley Insurance Institute in the London insurance market. We have never been so busy.

A mass shooting in the United States refers to incidents involving an attacker with a weapon and at least 4 other people.

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