If you own a dog, or know somebody who does, you are in good company. According to a 2014 survey by the Insurance Information Institute (III), almost 57 million American households have a dog. By percentage, that’s almost half of all American homes. If you do own a dog, there are some things you should know about dog bite insurance claims and what your homeowner’s policy may or may not cover. The figures below come from the 2014 III study.
- According to the Centers for Disease Control, 4.5 million people are bitten by dogs every year.
- Of these dog bite victims, about 885,000 require medical attention.
- About half of the victims are children.
- Dog bites and dog-related injuries accounted for more than a third of homeowner’s liability claims.
- These claims paid out more than 530 million dollars.
- The average cost per claim was a little more than $32,000.
Many people assume their homeowner’s insurance will cover dog bite insurance claims, but this is not always the case. Some companies will not insure certain breeds of dogs, others go on a case-by-case basis, and some no longer cover dog liability at all. If your policy doesn’t adequately cover dog liability, there are companies that issue policies specifically for dog bites. This coverage protects people in the unfortunate event that their dog bites somebody. It is something every homeowner should consider.