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
Stay or Go? Why Improving Your Current Home Might Be Your Best Move Yet
Love your home, don’t leave it! Discover why improving beats moving.
The Unforgettable Eight: Women Who Captured Our Hearts
Meet the eight women who are loved by all.
Elevate Your Enterprise: 11 Smart Ways to Boost Business Professionalism
Boost your business’s professionalism without breaking the bank.
Lightening the Load: A Guide to Decluttering for Your Loved Ones
Declutter for peace of mind, yours and theirs.
Smart Car Buying: Beyond the Sticker Price
Unlock the hidden costs of car ownership.
6 Simple Steps to Supercharge Your Home Security
Simple, affordable ways to protect your home.
Beyond Boredom: Unearthing the Surprising Stories Behind Our Favorite Board Games
Game night secrets revealed! Discover the surprising origins and quirky facts behind your beloved board games.
Avoiding the Pitfalls: Common Mistakes of At-Home Businesses
Launch your home business right! Learn to avoid the common errors that can derail your entrepreneurial dreams.
Your Life Insurance Recipe: Crafting the Perfect Blend for Your Family’s Future
Find your perfect life insurance mix: Learn how to blend term and permanent policies for optimal family protection.
From Ford’s Innovation to Today’s Marvel: Unveiling the Secrets of Modern Car Production
Beyond the assembly line: Discover the surprising speed, customization, and quality checks involved in modern car manufacturing.