Spindrift
Time Person of the Year, 2006
My point was that people insure themselves against things that are never likely to happen all the time and are often required to. Yet, sometimes, these things do happen. To take that form of insurance is not to jump into a pool of water to dry off. The same can be said of a handgun in the house; it is essentially an insurance policy in the event the very unlikely should happen and one's life is threatened by an attacker. In either case, the person is not somehow senseless for taking the precaution.
People buy insurance for things that don't happen too often but happen frequently enough to be worried about it.
I've been in a few automobile accidents, I know lots of other people who have been in accidents. So auto insurance is a good idea. I know several people whose houses have burnt down, had trees fall on them, even been burgled and various other things that are covered by homeowners insurance. These types of things happen often enough that many states require auto insurance and most mortgage holders require homeowners insurance.
On the other hand insurance companies love to sell accidental death and dismemberment (AD&D) policies. Why? Because it's almost pure profit, very few people die accidentally and/or get dismembered. For most people it's a waste of money.
I do not know a single person who was ever home when an intruder came in, never mind an armed intruder. The only person I know who was shot, was shot when he pulled a gun on a person already pointing a gun at him (bar fight, I assume alcohol was involved). So much for that insurance. Probably would still be alive without it.
So the handgun is more like AD&D insurance, not homeowners insurance. It's a waste of money and offers little real protection for the vast majority of the population.