The Cost of Canines: How Your Dog Affects Homeowners’ Insurance Premiums
The Cost of Canines: How Your Dog Affects Homeowners’ Insurance Premiums
Owning a dog can bring joy and companionship to your life, but it can also come with expenses. From food and grooming to toys and vet visits, the costs can add up. However, did you know that your furry friend might also impact your homeowners’ insurance premiums?
Some insurance companies consider themselves partially responsible if a dog causes an injury, which has led to certain companies denying coverage or adding surcharges for homeowners with breeds considered aggressive. Examples of breeds often categorized as aggressive include Pit Bulls, Doberman Pinschers, German Shepherds, Rottweilers, Siberian Huskies, and some wolf/dog hybrids. Only two states, Michigan and Pennsylvania, prohibit insurance companies from canceling or dropping policies solely based on the homeowner’s dog breed.
So, how much of a bite can your dog take out of your homeowners’ insurance premium? Typically, the increase is modest, around 2% to 3% of your total premium. The key is to inform your insurance company about your dog and its breed, ensuring you have adequate coverage in case any incidents occur. Concealing dog ownership from your homeowners’ insurance company is not advisable and may have serious consequences down the line.
Whether or not you have a dog, you undoubtedly want to avoid overpaying for homeowners’ insurance. Our independent insurance agents have access to multiple insurance companies and can guide you toward those that charge reasonable premiums, even if you own a dog. They will work on your behalf to find sufficient coverage at a price that fits your budget. Before making any decisions regarding your beloved Fido, allow us to assist you. Contact us today for a homeowners’ insurance review and quote to ensure you’re getting the most value for your money.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Search All Blogs
Read More Blogs
The Thrill of the Grill: A Masterclass in BBQ Perfection
An ultimate guide to mastering grilling and barbecue, with tips, techniques, and delicious recipes.
The Entrepreneur’s Armor: A Guide to Protecting Your Business
A crucial guide to business insurance, covering essential policies and strategies for entrepreneurs.
The Gift of Security: A Simple Guide to Life Insurance
An easy-to-understand guide to life insurance, explaining policy types and a simple way to calculate your needs.
Hitting the Road Safely: Understanding Your Auto Insurance Policy
A simple guide to auto insurance, explaining coverage, premiums, and tips for finding the best policy.
The Homeowner’s Handbook: Protecting Your Property and Peace of Mind
A clear guide to home insurance, covering policy types, inventory tips, and how to save money.
The Art of the Perfect Pizza: From Dough to Delight
A comprehensive guide to making delicious, restaurant-quality pizza at home, from dough to toppings.
Shielding Your Enterprise: The Small Business Owner’s Guide to Insurance
A deep dive into business insurance, covering essential policies and strategies to protect your company from risk.
Your Legacy, Your Promise: A Practical Guide to Life Insurance
A clear, practical guide to life insurance, explaining term vs. permanent policies and how to calculate your needs.
The Driver’s Blueprint: Demystifying Auto Insurance Coverage
A complete guide to auto insurance, explaining all coverage types and how to get the best deal.
Beyond the Basics: Navigating the Nuances of Home Insurance
A comprehensive guide to home insurance, covering everything from standard policies to essential riders and the claims process.