Homeowners Insurance Companies Cautious with Canines

Consumers are already facing rising homeowners insurance costs – a 3 percent increase reported by USAToday.com.  Dog owners just might find larger increases, if not denied coverage. Recent studies have shown that more homeowners insurance companies are taking aim at policyholders that own dogs. Many insurers are evaluating the safety potential of man’s best friend, and the results are grim. Realizing the potential liability loss involving homeowners that own canines, insurers are designating particular breeds as “high-risk” animals, giving them more than enough reason to raise a policyholder’s rates up or to refuse coverage to him or her. The action set by insurers will set a disheartening scenario, if his or her dog is deemed dangerous; give up their pet or pay a high premium. http://www.insuranceagents.com/2009-06-canine.html Luckily, dog owners do not have to do either option. If they search for homeowners insurance quotes, they will be able to not only find an array of rates and coverage plans, but they will also be able to save their dog – and save money in the process. However, dog owners must be aware of how insurance companies make the decision to whether or not a certain dog breed is “dangerous,” which is based on a canine’s size, frequency of bite, and reputation. http://www.insuranceagents.com/homeowners-insurance/ Staff Contribution: Brandon Clayton


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