Homeowner’s insurance policy may increase or decrease, depending on the type of animal you have in your home. Also, the breed of your dog could actually make you ineligible for homeowners insurance with certain companies, so always be careful when deciding on a new pet...or a new insurance company.
Dog bite claims and Breed Restrictions
Four out of every ten American households own a dog and there has been an increasing number of dog bite related claims. In fact, it is accounting for more than one third of all homeowners insurance liability claims paid in recent years. Therefore, homeowners have now been very critical with regard to liability claims in dog bite injuries.
Homeowners may file a claim as the insurance companies track dog bite injuries, the breeds of the offending dogs, and how much dog bite claims cost. For some states, there are insurance companies that do not refuse coverage based on your dog’s breed. However, if the homeowner is not forthright about the pets they have in their household, it is possible that the insurance company can deny your claim for damage caused by your pet.
If at the time of renewal the homeowner decides to have a dog which is classified as aggressive and the insurance company finds out, they may cancel the coverage. For those who are still in the process of applying for insurance coverage, having a furry friend can determine if it will be accepted or declined.
What is Pet Liability Insurance?
Pet liability insurance policies cover the cost of damage, specifically for dog owners whose pets have caused some injuries or losses. This type of insurance is also for those who do not qualify for dog bite coverage under the usual home insurance because of the dog’s breed.
Purchasing a pet liability insurance is required of homeowners having aggressive dog breeds in the District of Columbia, Minnesota, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Delaware, Georgia, Michigan, Virginia, Washington, Rhode Island, South Carolina and Texas.
Good Citizen Canines
A two-part program run by the American Kennel Club, which emphasizes responsible pet ownership and basic good manners for dogs, the Canine Good Citizen Program is designed to reward dogs that show good manners in the community. After passing a 10-step test, the dogs will earn "Canine Good Citizen" certificate which is recognized by insurance companies.
Know if this type of training can help you obtain home insurance coverage. Sungate Insurance Agency recognizes our clients’ own set of insurance needs. Talk to us today at (407) 878-7979 or visit us at our office. Allow us to assist you by sending your inquiries through email at firstname.lastname@example.org. You may also get a free quote here.