  Given the number of recently discovered galaxy-galaxy lens systems, we
anticipate that a gravitationally lensed supernova will be observed within the
next few years. We explore the possibility that stars in the lens galaxy will
produce observable microlensing fluctuations in lensed supernova light curves.
For typical parameters, we predict that ~70% of lensed SNe will show
microlensing fluctuations > 0.5 mag, while ~25% will have fluctuations > 1 mag.
Thus microlensing of lensed supernova will be both ubiquitous and observable.
Additionally, we show that microlensing fluctuations will complicate
measurements of time delays from multiply imaged supernovae: time delays
accurate to better than a few days will be difficult to obtain. We also
consider prospects for extracting the lens galaxy's stellar mass fraction and
mass function from microlensing fluctuations via a new statistical measure, the
time-weighted light curve derivative.
