It's a 'Dog-Eat-Dog' World: Avoid Being Bitten with a Lawsuit
Man’s best friend is sinking its teeth into homeowners insurance costs.
Dog bites now account for one-third of all homeowners insurance liability claims, costing $356.2 million in
2007, up 10.5 percent from the previous year. Homeowners and renters insurance policies typically cover
dog bite liability. Most insurance companies will insure homeowners with dogs. However, once a dog has
bitten someone, it poses an increased risk. In such a case, the insurance company may charge a higher
premium or exclude the dog from coverage. Read more...
