Certainly - in fact driving without insurance here could mean up to 1 year in jail as well. Still there are people who get insurance so they can get registration/safety check then just let it lapse until next year.

I think gun insurance is a good thing , more so insurance companies will place some restriction on getting insurance. I still think taxing certain bullets (machine gun) and paying higher insurance premiums for machine gun owners - they would at lease think twice before buying one = keep your 7 mag Glock its way cheaper sorta thingy.