Dogs may impact homeowners insurance rates
Dog owners are finding out the hard way that some breeds are not appreciated by many homeowners insurance companies. Homeowners are asked to disclose the kind of dogs they own while being screened, and some breeds impact your ability to get reasonable Ohio homeowners insurance quotes from http://ohioinsurancequotes.net/ohio-homeowners-insurance-quotes/.
They may even cause you to be blacklisted completely. That’s because insurers are all about risk–and dog bites cost the industry at least $500 million each year. That’s a big number and represents a big risk to insurers.
There is no “official” rule or list of dog breeds that are likely to bite, but insurers cast a doubting eye on several breeds that are thought to be aggressive. It will come as no surprise that Pit Bulls lead this list. You can’t go too many days without reading about a pit bull in a vicious attack. Pit bull owners would dispute that they are inherently dangerous, but they represent a disproportionate number of claims. More than, say, a Jack Russell terrier.
Insurers look at the average number of bites per year reported to them when they make a judgment about a breed.
Dobermans are another breed that has been blacklisted at times, along with Rottweilers. These beautiful dogs are powerful and you don’t want your child or yourself to get on their wrong side. Often, kids are just playing with a dog but the dog sees it differently.
Surprisingly, Great Danes have also made the list at times. These huge dogs can be very gentle, but their sheer size must make them a threat in the eyes of insurers.
Did you know there are more than 4 million dog bites each year in the United States? And there are insurance claims for many of them.
So, what if you don’t tell your insurance company you own a dog? It’s simple. If a dog bite claim is filed by someone your dog bites, they may not pay anything. You may be personally liable for medical bills and lost wages. That’s not a good scenario.
Not all insurance companies have problems with dogs, which is why it pays to shop around and compare policies on dog claims. Those that do have issues may reduce a premium if you put your dog in a good dog training program, agree to keep the dog restrained or cover its face with a muzzle.
These are things any pet owner should think about before bringing a dog into their home.