Beware of Bites: How Dog Bites Impact Your Home Insurance and Steps to Take if It Happens
Owning a dog offers companionship and joy, yet it also brings certain liabilities that can impact your home insurance. Dog bites, in particular, are a significant concern for homeowners as they can lead to hefty insurance claims, increased premiums, or even policy cancellation. Understanding how dog bites can affect your home insurance, knowing which dog breeds are commonly flagged by insurers, and having clear steps to follow if your dog bites someone are essential for any dog owner. Here’s a closer look at these issues, supplemented with pertinent statistics on dog bites and their financial effects on insurance.
How Dog Bites Affect Your Home Insurance
Per The Insurance Institute, dog bites account for over one-third of all homeowners insurance liability claim dollars paid out, costing insurers about $900 million annually. In 2021, the average cost per claim was approximately $50,000, a significant increase from previous years, largely due to rising medical costs and sizable legal settlements.
When a dog bite occurs, it can lead to substantial medical bills, legal costs, and compensation for pain and suffering. Since homeowners’ insurance policies typically cover liability for dog bites, the insurer may need to pay these expenses. Consequently, if your dog has bitten someone, your insurance provider might increase your premiums or label you as a high-risk homeowner. In some cases, insurers might even choose not to renew your policy.
After a claim is made for a dog bite, insurance companies assess the risk of insuring your home. This assessment includes reviewing the circumstances of the bite, the breed of your dog, and any previous incidents. High-risk breeds or a history of aggression can lead to higher premiums, special provisions in your policy, or difficulty finding coverage.
Dog Breeds Often Flagged by Insurance Companies
Insurance companies sometimes identify specific breeds as more likely to bite or cause injury, based on statistical data regarding dog behavior and insurance claims. The breeds often flagged include:
- Pit Bulls
- Rottweilers
- German Shepherds
- Doberman Pinschers
- Alaskan Malamutes
This doesn’t mean you cannot get insurance if you own these breeds, but it might be more challenging or expensive. Each insurance company has different policies regarding dog breeds, so it’s essential to check with your insurer to understand their specific rules and restrictions.
What to Do If Your Dog Bites Someone
If your dog bites someone, there are immediate steps you should take to handle the situation responsibly and mitigate potential repercussions:
- Provide Aid and Contact Help: Ensure that the person bitten receives appropriate medical attention. If the injuries are severe, call emergency services immediately.
- Report the Incident to Authorities: Depending on where you live, you may be legally required to report a dog bite to local authorities. This can also provide an official record, which might be helpful for insurance and legal processes.
- Contact Your Insurance Company: Inform your insurer about the incident as soon as possible. They will guide you through the claims process and what to expect next.
- Document Everything: Keep detailed records of the incident, including photos of the injuries, a written account of what happened, and any medical reports or bills. This documentation will be crucial for your insurance claim and any possible legal actions.
- Consult a Lawyer: Because dog bites can lead to legal actions, consulting with an attorney who specializes in such cases can provide you with guidance and protect your interests.
- Take Preventive Measures: After a biting incident, assess why it happened and take steps to prevent future occurrences. This might include training, behavioral assessments, or securing your property better.
Conclusion
While dogs are beloved members of many households, their actions can sometimes lead to unexpected consequences for homeowners. By understanding how dog bites can affect your home insurance and taking proactive steps to manage your pet’s behavior, you can enjoy the rewards of pet ownership while minimizing the risks.
Your Local Independent Insurance Broker: Your Best Ally in Protection
When it comes to insurance, working with a local independent broker is always in your best interest. Unlike captive agents who represent only one company, independent brokers have access to multiple insurers, allowing them to find the best coverage and rates tailored to your unique needs. They offer unbiased advice, personalized service, and advocate on your behalf if you ever need to file a claim.
At Vargas & Vargas Insurance, we’ve been serving families, individuals, and businesses for over 40 years. Our experienced team is ready to assist you with any insurance-related questions or concerns, including how your coverage may be affected by factors such as pet ownership. We’re committed to providing you with the guidance and support you need to make informed decisions about your insurance.
Have a question or need advice? Don’t hesitate to reach out. Our dedicated team is just a phone call away at 617-298-0655. Let us put our expertise to work for you and ensure you have the right protection for what matters most.
