Avoid These Common Dog Liability Insurance Mistakes

If you're thinking about purchasing dog liability insurance then you should not wait until an accident happens in order to get it. But for most people it can be hard to decide how much coverage you need, and if you even need dog liability insurance at all.

Most people assume that their homeowners insurance policy or business liability insurance will cover them in case of a dog accident. But you should not assume this, because most policies will not cover dog bites.

Due to the large number of increase in dog bites over the years, more and more insurance companies are excluding any type of liability coverage for dogs. This was not the case just a few years ago, but most companies are changing their policies.

The CDC estimates that 4.7 million people are bitten by dogs every year. And in 2007, there were 33 fatal dog attacks in the United States. Also, it is estimated that usually homeowners insurance pays out $300 million per year.

Because of these statistics, usually buying dog liability insurance means that you have to buy an add-on to your current homeowners policy or business policy.

Another big question many people have is how much liability insurance do they need to carry. While there's not just one textbook answer, one big factor is the type of dog that you have. Obviously if you have German Shepherds they can do much more damage to someone then if you have a small Shih Tzu.

Another important factor to to think about is your net worth. Obviously the more net worth you have, the more liability insurance you should carry. You should talk to your financial planner or insurance advisor in order to determine exactly how much coverage you should be carrying.

Don't wait to get dog liability insurance because accidents can happen anytime. It only takes a few minutes to get a quote today, so please take action.

Visit us to learn more about important factors to think about before buying a dog liability insurance policy, or if you just want to compare pet insurance plans.