Money Saving Tips For Seniors

Times are hard. With this economic condition, it is very important to use your money wisely. Spending less money means more savings for you.

As a Senior Citizen, you can take advantage of all the discount privileges acquirable to you. Many stores, hotels, theaters, restaurants, airlines and other establishments offer senior citizen discounts but do not advertise it. They don’t even give you the discount automatically, unless you ask for it. Make sure you ask, otherwise, you’ll miss out.

Here are important Money-Saving tips for senior citizens. Tips that can potentially save you thousands of money annually.

Shopping

1. Check the store if they have any Senior Discount Policy. This is getting favourite nowadays. Some stores offer discounts on buys made by seniors. Make sure you ask about it so you don’t miss out on any discounts. Remember, there’s no harm in asking.

2. Make a list and stick to it. Be sure to write down the things that you need before going to the grocery to refrain any unnecessary purchases. Be sure to update this list frequently.

3. Purchase the store brand or the generic version. Most likely, the store brand is as good as the study brand. This will help a lot lowering your regular grocery bill.

4. Compare the price of items you buy in your local grocery with other stores in your area. You will be surprised on how much money you can save by shopping in the cheaper grocery store.

5. Do not go to the grocery when you are hungry, otherwise, you will end-up buying more than you actually need.

6. Sign-up for any free rewards program. You might not shop that much at that store, but you will accumulate points apiece time you do. Plus, the nice thing about this is that most likely the store would send you coupons and discounts as part of their promotions.

7. For online shopping, be sure to search the web for any online coupon codes and discounts before finalizing your order. There lots of websites out there that maintain a list of coupon and discount codes for hundreds of online stores.

8. Shop the clearance or bargain department, most online stores have this. Be sure to check if they have a free-shipping promotion (usually stores require a minimum buy amount).

Food and Entertainment

1. Prepare meals at home instead of dining out. It’s cheaper this way plus its healthier.
2. Dine-out only during special occasions. You will be surprised on the amount of money you can save.
3. Take advantage of senior discounts. Most theaters and restaurants offer discounts for Senior Citizens so be sure to ask.
4. Check the newspaper and the World wide web for any restaurant coupons.

Prescription Drugs

1. Always ask your physician for the generic versions. It is much cheaper compared to brand study drugs.
2. Ask your physician for several free samples.
3. Check the World wide web for coupons. Some manufacturers wage coupons for their products.
4. Check with your pharmacy if they offer any Senior Citizen discounts or any discounts from organizations you belong to.
5. Pill-splitting. Most of the time prescription drugs cost nearly the same regardless of the dosage. As your physician if he can give you a prescription for twice the amount of dose you need so you can split it in half before taking it. Be very cautious when doing this. Make sure to ask your physician and pharmacist for advice before doing this. They should be healthy to tell you whether or not you can cut apiece pill in half before taking it.

Insurance

1. Use the same insurance company for your home and car. Most Insurance Companies give a huge discount when you use the same company for insuring your home(s) and car(s).
2. Before scheduling your medical visit, be sure to check if your physician is part of the “In-network” of your insurance company and if the procedure will be covered. Most of the time if you go to an “Out of Network” Provider, you end up paying a higher deductible and more out-of-pocket expense.
3. Medicare recipients can save money by getting a Medigap Policy. This is an insurance policy sold by private insurance companies to help pay for some medical services not covered by Medicare. To read more about Medigap Policies, click here .

Vacation and Travel

1. Always check the World wide web for the lowest plane fares. Sometimes, the Senior Citizen discount that airlines offer might not be the ideal deal.
2. Some hotels offer Senior Citizen discounts. It would be ideal to call and check with the hotel if they offer this kind of discount before making your reservation. It will also be wise to check the World wide web for any on-going promotions for comparison purposes.
3. Take advantage of Senior Citizen discounts for automobile rentals and public transportation.

Banks and Credit Cards

1. Call your bank and ask them for the ideal program that will suit your banking needs. Most of the banks now have no fees if you maintain a certain amount.
2. Call your credit card company and ask for an interest rate reduction. Most of the time, they will give you a lower rate.
3. Negotiate with your credit card company about waiving or lowering your annual fee. Most of the time, they would accommodate you, but if not, at least you tried.
4. Pay your bills online. It’s absolutely free and convenient. Plus it will save you money from postage.

Home

1. Think about using fluorescent bulbs as this will save you up to 50% in lighting bills.
2. Be sure to turn-off the lights and other appliances when not in use to save money on electricity.
3. Replace your old appliances with energy efficient appliances. Look for the “Energy Star” adjudge as you might be eligible to receive rebates, credits or income tax exemptions just by buying eligible energy efficient appliances.
4. Have a yard understanding to get rid of things you don’t need. As the favourite saying goes: “Another man’s trash is another man’s treasure.”
5. Rule of thumb: Anything you haven’t used or worn for a year or so need to be given away.
6. Wash your hands thoroughly. Keeping your hands clean will prevent you from acquiring all kinds of bacteria and viruses. This will help save a lot on medical bills.

Copyright © 2008-2010 La Dolce Living, Inc. All Rights Reserved.

Money Saving Tips for Seniors

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How Does No-Fault Car Insurance Really Work?

No-fault automobile insurance is among the most misunderstood types of insurance coverage floating around on the market today. Visitors to no-fault says like New York are often befuddled at the intent of an happening where no one’s at fault. If no one did it, then who gets to pay for it?

Before we go too far into the second half of that question, let’s take a look at the first. It’s totally impossible to have an happening for which no one is responsible. Even if you hit a deer or slid off an embankment in the middle of a snowstorm, there’s someone responsible. Someone did it, and someone is going to suffer the consequences of that in potential traffic tickets and nearly certain increases in their automobile insurance rates.

No-fault automobile insurance just shakes up the fiscal responsibility end of that a tiny bit. Rather than spend months hashing out who was responsible, hammering out the details of paying claims and covering lawsuits when drivers try to drag their feet about admitting whether the happening was actually their fault or not (which, believe it or not, happens far more often than you might think), no-fault drivers just sit back and let their own automobile insurance companies take care of it. It doesn’t matter who actually caused the accident, apiece driver is going to be taken of by their own insurer. This lets them get back on the roads as swiftly as possible, and it keeps the courts clear of hundreds of traffic disputes apiece year.

Even though their insurance company is footing the bill, the driver not responsible for the happening isn’t going to see any change in their automobile insurance rates afterward. Nobody’s that crazy! The driver that did cause it, on the other hand, is probably going to watch their rates fly through the roof after the accident.

No-fault says still require drivers to carry liability automobile insurance, which absolutely confounds some drivers until you think about the cost of getting health care in today’s over-inflated environment. Costs are rising rapidly, and with unit costs starting at ,000 a day and an nearly limitless potential for disaster with the cost of rehabilitative therapy after an happening medical bills can fly sky high-well beyond the limits of traditional health insurance coverage and possibly even beyond that of individualized protection.

At that point most judges will grant the victim to prosecute the driver responsible for the happening for the difference between their coverage and their expenses. This is where liability comes in. Most experts advocate that you carry a minimum of 0,000 per mortal and 0,000 per happening in liability automobile insurance to cover any medical expenses associated with accident. It’s your ideal chance to keep your financial assets innocuous while still living up to your responsibilities.

No-fault automobile insurance isn’t as complicated as it seems-and can, in fact, make life a lot easier when you’re speaking about what you’re going to have to do to get your life baack on track after you’ve been in an accident.

How does No-Fault Automobile Insurance really?

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Get Your Car Insured For Cheap

In order to protect your automobile from all kinds of eventualities it must have seat-belts and an air bag along with an affordable automobile insurance. Without this you will be running your self into all kinds of perils by taking a car.

One can get only the liability coverage and not the full one with the cheap automobile insurance which is preferred by most of the people. If you are a mortal known to be prone to accidents more often then it is ideal to go in or the comprehensive insurance. You should not only do a automobile insurance comparison according to the price, but also by determining whether liability or full coverage insurance will work ideal for you.

Liability Automobile insurance

Third celebration insurance covers accidents that happen outside of the insured person’s vehicle. Without a full coverage insurance one must in any case take up this insurance essentially. This is the option that is a must have for people that select to pay the minimal amount for insurance. When a mortal has liability insurance and they are involved in a automobile happening with it being their fault, then their insurance will pay for the other person’s medical bill, property damage, etc. As this does not require full coverage a lot of people call this one as the cheap insurance.

Full Coverage Automobile insurance

This is the ideal insurance that anyone can choose, though it is the optional choice. A luxury automobile owner would definitely want to have a comparative analysis of the various automobile insurances that are acquirable in the market. It is the coverage of liability and the happening concern that is addressed by this kind of insurance. There is another study for this insurance called as the collision insurance. With full coverage, you will also be covered in an happening whether or not it’s your fault.

The other type of insurance that is acquirable is comprehensive insurance. Collision insurance is a must with this type of insurance. One can get coverage for their automobile even in situations where the automobile gets dilapidated other than in an accident. The occurrence of issues like hail alteration break in fire flood etc. Comprehensive insurance is ideal when you are not the cause for the accident.

Most of the people think of insurance only as an add on to their automobile where it is actually one of the most important things for a vehicle. One has to have automobile insurance to be prepared for any of the unforeseen circumstances like alteration to the automobile in a automobile happening or even injured to another person. When speaking of insurance the last thing one must look at is the cost part as it gives coverage of the lives of everyone concerned. It isn’t too hard to find automobile insurance that is affordable for any and everyone. It is only your duty to select the one that is suitable for you. You must do some research online to get the ideal deals on affordable automobile insurance. After a while you will realize that you made the right decision.

Get Your Automobile Insured For Cheap

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Some Money Saving Tips

Saving money is not only a necessity but is also a wonderful habit. It is aid that saving money is an art. However not all people possess it, for such people here Are some useful money saving tips.

The first thing that you can save money on is transportation. The ideal thing is to use the public means of transportation like a bus. It might look a tiny tough but in the long run it can help to save lots of money.

If you have a automobile or any other vehicle, the right thing would be to investigate gas prices, before actually buying it. You can find out lots of related information on the internet, so do some research before buying gas.

Saving gas is also a wonderful way of saving money. The first thing to be done is to get the engine tuned up. Also driving within the speed limit helps to save gas and money.

There also is a way to save money on groceries. The ideal way to do is to use coupons. Another wonderful way is to purchase everything in bulk, as this way usually the things turn out to be cheaper. Shopping from income is also a wonderful way.

The amount of money spent online has increased dramatically over the last few years. This is reflective of people saving money by looking for deals online. Voucher codes sites, cashback sites, and deal sites are all examples of websites that have experienced a lot of growth over the current months as users look for savings.

Another thing where you can save some money is on utility bills. The people living in a cold climate have to spend lots of money on heating. They can save that money by simply using wood stoves to heat their home. It is wonderful way to save money on heating bill

Another thing on which usually a lot of money is spent is entertainment. To save on money one should refrain going to the opera. The superior way is to go for a motion picture on discount tickets. There also is an option to go for picnic. This might seem somewhat restrictive to many people, but the truth is that it one good way of saving money.

One thing everyone takes for allowed is their electricity, some people dont conserve energy and can forget easily to turn off a light when not in a room. Turning off lights and personal or other electronics when not being used can help you save on your electricity bill.

So try out the above mentioned money saving tips. This way you will end up saving lots of money on the various expenses that you do on a regular basis.

Some Money Saving Tips

The Impracticality of Credit Card Cash Advances

The Impracticality of Credit Card Cash Advances

The promise of cash advance, especially when this is tied to your credit card is completely tempting. The thought of instant money right in your metallic card is so convenient that you usually start prey to this offer. The fact, however, is that using the cash advance option of your credit card is more impractical than practical.
Why is this so?

First, cash advance transactions do not have any grace period. Unlike card buys that give you 30-45 days before you need to pay for those transactions, cash advance does not work this way. This means that even if a day after you’ve taken the money (from the ATM) you’ve made payment, you’ll still be charged with the corresponding finance charges. In short, as soon as the money is released out of the ATM, then you’re in for a relatively high interest rate.

Now, this piece of information might not be readily acquirable because this is not really the primary purpose why people get a credit card. Those who apply for those metallic, attractable and plastic cards want to make card buys in their favorite stores or want to pay in establishments where Visa’s and MasterCard’s are very much welcome. The need to avail of this cash advance option gets emphasized when you need immediate cold cash — for transactions that do not accept your prestigious cards.

Second, cash advances have different interest rates — and always, these are slightly higher than those imposed on credit card purchases. And because cash advance transactions do not have a grace period, the overall finance charge imposed on you could skyrocket!

Wikipedia reports that in the US, interest rates for card buys vary between 6% and 12%. The interest rate (remember, this is charged to you outright, no grace period given) for cash advance is between 20 and 25%!

Still, some card providers charge a flat rate for cash advance transactions. So whether you’ve borrowed 0 or 0 in cold cash, the finance charge will be the same.

And the list does not end. Other card providers charge a combination of percentage and flat rate as finance fee. Envision the amount of money that you have to repay out of a easy and one-time withdrawal from your credit card!

Lastly, some credit organizations require you to pay your card buys first. This means that unless you have lowered your credit card bill to a minimum or to zero, you would continue to accrue interest rates for your cash advance. They only deduct your payment from your cash advance equilibrise once your payables from your buys are cleaned.

Now envision if you can't fully pay your equilibrise in a month’s time, think about how much interest rate the bank can collect from you from your cash advance! Yes, you probably wouldn’t want to compute it unless you want to have a heart attack.

True, you might get instant cold cash through cash advance but the repercussions of this action might be far from favorable. You might not need to place up collateral or to move in long lines because credit cards automatically wage you with a separate cash advance limit. All you have to do is line up in an ATM. But the finance charge for cash advance transactions could kill you.

Therefore, before you decide to use that plastic card to get instant cash, think again. Other methods have to be fatigued first. You might want to avail of individualized loans, payday loans or you can even borrow money from a friend. Credit card cash advances should be the last resort because more often than not, this choice is highly impractical.

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Grocery Coupons ? When are They Not a Good Deal?

Grocery Coupons ? When are They Not a Good Deal?

Last Sunday I was scanning the weekly ads hunting for grocery coupons that I could use on our family’s weekly grocery shopping trip when a thought crossed my mind.  When is couponing not a good deal? Could unsuspecting frugal shoppers get carried away with the current “Coupon Craze” and end up spending more money than they actually need to?

It seems like everyone these days are clipping grocery coupons and searching out printable coupons on the world wide web which can save you substantial money on your grocery bill apiece month.  But I believe that clipping coupons isn’t the only answer and, in a worst case scenario, could cause you to spend more money than you need to.

How many of you have actually stopped to think about the prices you are paying at your local grocery store?  Are you loyal to a specific supermarket?  Do you look down at stores like Wal-Mart or discount grocery stores with some contemptuous smirk?   (Don’t laugh… I read a forum post from one coupon mother that refused to step a foot inside a Wal-Mart store due to her political morality!)  The message I am trying to get crossways is that it pays to shop around.

Kimberly, on her Addicted to Costco blog, recently did a great price comparison between three stores.  HEB, Wal-Mart and Randall’s (which is the same as Safeway).  She picked 39 frequently bought items and stuck to leading brands.  Not surprising, the prices from apiece store differed extremely depending on the product with Costco having the ideal prices on 30 out of the 39 items and Randall’s (Safeway) being the most expensive.

While I was surprised at the difference my wife wasn’t at all.  She states Safeway has always been the most costly chain grocery store in our area and that only when you begin using the Safeway rewards card coupled with manufacturer coupons do their prices begin to come down to prices more in line with less costly grocery stores.

So, what’s my advice?  Don’t be loyal to just one grocery store.  Do what Kimberly did and do a price comparison of the grocery stores in your neighborhood.  Once you are armed with this data you will be superior equipped to save money with or without coupons!  You might find that the non-sale prices at your discount grocer are superior than the understanding prices with coupons at the chain grocery stores.  Use your manufacturer coupons at your less costly grocery stores instead of the more costly grocers like Safeway.  Also, ask the manager of your discount grocery store if they accept competitor’s coupons.   It never hurts to ask!

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10 FANTASTIC MONEY SAVING TIPS!

10 FANTASTIC MONEY SAVING TIPS!

You might think that you can’t reduce your outgoings anymore than you have but you might be surprised about how many simple money saving tips you’ve not thought of. Here are 20 ways to help you save money and get your finances back on track.

1. DO YOUR GROCERY SHOPPING ONLINE

You can see exactly how much you’ve spent, not get tempted by the delicious smells and well-positioned must haves. It is also simple to find the special offers and deals which will finally save you a fortune apiece week on your grocery bill. Tesco, Asda and Waitrose all deliver and even though you’ll have a small delivery charge, you won’t be spending money on petrol and you’ll find that you save more than that on your grocery bill anyway.

2. JOIN THE SUPERMARKET CLUBS

If you join the clubs that the supermarkets run, ie Tesco’s Food Club, Wine Club etc, you will get sent discount coupons that you can use either in store on online which will save you money on your final bill.

3 BUY ITEMS WHEN ON OFFER

Whenever possible, you should try to purchase items such as groceries when they’re on offer. The supermarkets are so competitive now that they frequently have half price and purchase one get one free offers which can save you a lot of money. Remember not to purchase items that you wouldn’t usually purchase otherwise you’ll end up spending more. If you have a freezer, stock up as much as you can on freezeable items when prices are reduced.

4. PLAN YOUR MEALS

It is astonishing how much money you can save by planning the meals for the week. You’ll find you purchase much less than you usually would and you won’t waste money by throwing out stale food or mouldy fruit and vegetables at the end of the week.

5. KEEP A NOTEBOOK OF YOUR DAILY EXPENDITURE

This is a great way of slicing down! Sometimes it’s hard to see how all those tiny things add up but by keeping a diary of what you spend on which items each day, you will see where you should be slicing down and it will incentivise you to save money.

6. WALK THE KIDS TO SCHOOL

If you live within a reasonable travel distance, try travel the children to school. It’s good exercise for them, gets the blood pumping into their brains ready for school and it will save you petrol. Even if you begin by just travel a couple of days a week, that’s superior than nothing!

7. BUY CLOTHES IN THE SALES

Try to only purchase clothes in the income or shop on Ebay for an even larger bargain. It is frustrating when you’ve purchased a full price item to then see it reduced to half price a few weeks later. Save yourself that frustration by inactivity and then you can feel truly smug! You can also save yourself a lot of money by buying your clothes from the supermarkets. Asda’s George range is fantastic value for money and has become very favourite now.

8. CHEAP DAYS OUT

When you take the family for a day out, try to find outings that don’t cost anything. There are lots of museums and galleries that are absolutely free to visit around the country, especially in London. Other cheap days out include picnics, parks and beaches.

9. DON’T DO YOUR GROCERY SHOPPING WHEN HUNGRY!

Whether you shop online or go to your nearest grocery store, shopping for food when you’re hungry is a bad idea! You will end up buying lots of irresistible food because your stomach is telling you that you want it. Ideally go after a reasonable meal then you will spend much less money.

10. DON’T BUY BOOKS – BORROW THEM

When you or the children want books to read, why not go to your local library. It’s free and they will often order any books you want if they don’t have them in stock. They might charge a nominal fee for this but it will still be much cheaper than buying your own. Remember to return your library books when they’re due or you’ll incur overdue charges.

For more money saving tips visit www.herlife.co.uk

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Perilous Credit Card Cash Advance

Perilous Credit Card Cash Advance

     Taking a credit card cash advance is a certain way of getting into debt. Credit card companies offer many incentives of low interest and grace periods for payment for purchases. A different rule is applied for cash loans given by these companies. The fees attached to advance loans are high and no grace period is given as an incentive to customers who borrow cash on their credit cards.

     People who have credit cards often borrow cash through ATMs using their credit card for emergencies. Unlike other cash advance loans, there are many high fees attached to these loans. The ATM charges a fee for withdrawal of the amount for starters. These companies starts charging interest on the cash advance the moment the money is withdrawn. These cash advances are difficult to keep track of because the same card is used for buys and bill payments. There are companies that offer no fee advance cash loans but these loans are extremely rare. Some card companies give advance checks to customers. These checks are advances and if used in excess by the customer, it can land the customer in debt.

     Credit card cash advances need to be repaid as soon as possible. This is because these lender dues are the first debts to adversely impact a credit score. Repaying a credit card advance is difficult because any payments will be first applied by the company to buys and last of all to the loan. Customers should refrain taking short term loans during an emergency because the interests are high and repayment is difficult.

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Giving Thanks for Everything Your Car Insurance Does for You-Whether You See It or Not

Giving Thanks for Everything Your Automobile Insurance Does for You-Whether You See It or Not

How much would you state you know about what your automobile insurance company does for you? Do you know all the behind the scenes players? Or are you just starting to figure out the benefits of all of those insurance payments you make apiece month? With Thanksgiving coming right around the corner now seems like the right time to sit back and give thanks for everything your insurer does to keep your life flowing smoothly.

This Thanksgiving, don’t forget to lift a toast to your automobile insurance company. Why? For starters, what about the way your liability automobile insurance saves your bacon each day?

Most people don’t really think about the significance of their liability automobile insurance coverage until they’ve been in an accident. Hey, no one’s blaming you for it. You have no reason to. If you’ve had to receive medical care for anything lately, however, you’re already well aware of the fact that the cost of health care is currently bordering on the obscene. If you’re not carrying a health insurance policy, affording regular health care is often out of your reach.

Your health insurance isn’t going to do a thing to help cover the cost of medical care for the other driver(s) after you’ve been in an accident. It’s not even going to be an option. When a single day in the unit costs over ,000 and there’s no limit to the amount of time they could spend in there the number of zeros in the hospital bill you could be handed is nearly inconceivable.

Then there’s the cost of fixing your automobile up. Hopefully you didn’t purchase into that old wife’s tale about how it’s just not worth it to place comprehensive and/or collision on your automobile when you actually own it outright and went ahead and place the extra coverage on anyway. The difference in your automobile insurance rates is all but negligible, but the way it can rescue your bank statement (and your credit) when you’ve been in an happening is astounding. They’ll step in and pay to repair or replace your car, whether it’s been swallowed whole by a tsunami or liberated from the oppression of ownership by someone who decided your automobile stereo would make a sweet addition to their individualized collection.

Either way, you’ll be shelling out a deductible rather than the full cost of the repairs, and that’s always good news. So don’t forget to take a tiny time to be thankful this Thanksgiving. Your automobile insurance deserves it.

Professional Liability Insurance for Finance & Accounting Professionals

Professional Liability Insurance for Finance & Bookkeeping Professionals

In this fast developing world, endorsement of business interests has become a priority. Business entities are doing everything to protect the monetary losses caused in day-to-day operations. To avert the danger of unforeseen situations, a professional can go for professional liability insurance, which provides a specialized and independent coverage.

This insurance cover works independently and does not come under business owner’s policies or homeowner’s endorsements. The basic concept behind this kind of insurance endorsement is to covers the client against restitution from claims of negligent acts including, errors or omissions in performance of the client’s professional performance. It also includes software or system failure, loss of client data, non-performance, etc. Professional liability insurance coverage also includes the legal defense cost.

Types of Professional Liability Insurance

Due to its popularity, liability insurance has been constantly in demand. If you are working as a professional, you might take it to measure your rights and maintain its working independence.

Liability insurance can be taken to satisfy various needs of professionals engaged in different fields and area of specialization. However, there are two basic forms of liability insurance such as individualized liability insurance coverage and intellectual property infringement coverage.

In individualized injury cover, endorsement has been given against claims of slander, libel and invasion of privacy. Intellectual infringement coverage undertakes claims against copyright issues and others.

Accounting Indemnity Insurance for Bookkeeping Professionals

Accounting professionals generally grappling a great risk of data and record loss and accounts maintenance. Due to the complexity of their nature of the business, these people can apply for bookkeeping indemnity insurance covers to get some relief. Under this system of accounting, accountants and other financial professionals take a policy that many cover their interests against any third celebration claim.

In a number of countries, the supplying of liability insurance is a must for all practicing professionals.

Some pinhead law maker in Illinois has introduce a bill that would require each gun owner in the say to buy 1000000 dollars worth of liability insurance for any potential alteration that you might do with your gun, or guns. This is a classic back channel way of taking your rights away. Yes you can have your right, but it is going to cost you. And I always thought the democrats were for the poor guy, but I guess they’re only for them when it comes to enslaving them to the government. And if you are going to be enslaved someone to the government, then I guess you would like them to be unarmed. It’s hard to argue with their logic. I’m sure that since Obama is from the same state, he too would have logic like this meat-head. jbranstetter04 An Illinois say lawmaker is proposing that gun owners be required to carry individualized liability insurance of at least million. Rep. Kenneth Dunkin’s bill seeks to amend the state’s Firearm Owners Identification Card Act to provides that any mortal who owns a firearm in the say maintain a million or higher policy of liability insurance “specifically covering any restitution resulting from negligent or willful acts involving the use of such firearm while it is owned by such person.” A gun owner would be responsible after a firearm is lost or stolen until the loss or theft is reported to the police department or sheriff of the jurisdiction in which the owner resides. Police would be empowered to pull the gun license of anyone who …

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