The VanDyke Group | Were You a Naughty Dog???
No one wants to claim their dog on their homeowners insurance. But, that could be a costly mistake. Here's why.
dog bites, puppy, homeowner insurance
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22 Mar Were You a Naughty Dog???

“My dog would never bite anyone!” Most of us have said this before about our beloved pet. However, dog bites are very common.  4.5 million dog bites occur every year in the U.S., according to the Centers for Disease Control and Prevention.

Dogs can also cause other injuries as well. They might be chasing a squirrel and knock down a passerby, a child, or a cyclist which often results in medical emergencies.

All of these injuries can really add up and have a significant effect on homeowners insurance. The Insurance Information Institute relayed that “dog bites and other related injuries accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2016, costing more than $600 million dollars.” This is why your insurance provider wants to know if you own a dog and what breed it is. Some breeds will result in an increase of your insurance rates. Read “Doggone Insurance” for a list of these qualifying breeds.

So maybe you’re thinking about hiding the information that you have a dog from your insurance company. That’s a really bad idea, and could potentially be a very costly mistake should your pooch cause an injury. Without coverage you might have to pay $33,000 out of your own pocket for injuries, which was the average claim payment for a dog injury in 2016.

Okay, you added the information to your insurance policy. Good, but what should you do now if your dog causes an injury? It will depend on the severity of the injury and the coverage you have. Most times, it is best to let your carrier know, but if it is a minor incident you might want to pay the expenses out of pocket to avoid the possibility of a premium increase. Start by calling your independent insurance agent to get the best options for your situation.

Source: Insurance Information Institute

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Material posted on this website is for informational purposes only and does not constitute a legal opinion or medical advice. Contact your medical professional or legal representative for information specific to your needs.