Does Your Dog Raise Your Homeowners Insurance?

Our dogs offer us great companionship and are great to snuggle up to during an afternoon nap. In return, our hairy friends enjoy having stability and love in their life.


But, did you know that one of the expenses not anticipated or planned by pet owners is a higher homeowner’s insurance premium.


There are almost five million dog bites a year. Some of these cases are children and could be fatal if medical attention isn’t provided immediately.


“Dog bites accounted for more than one-third of all homeowner’s insurance liability claim dollars paid out in 2012, which amounted to more than $489 million,” said Peter Robertson, representing the Property Casualty Insurers Association of America, testifying against the bill at a hearing of the Committee on Financial Services.  He said, “The total cost of dog bite claims increased by more than 51 percent between 2003 and 2012.”  It is now estimated that dog bites cause losses of over one billion dollars a year.


Perhaps your four-legged pet doesn’t oppose any threat to even a fly, but maybe your insurance provider may think so.


If you are in search of a pet or you’re curious about your homeowner’s rate, you might want to give your agent a call. Your Spivey Insurance Group agent would love to hear from you!


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704-821-4460 or 877-318-5951



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