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Your Dog and Your Homeowner's Insurance


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877-XXL-DOOR
  877-(995-3667)

The way around most problems is to be proactive. Sometimes we can't always see a problem coming, but most times the signs are there for us to see. Case in point is how a simple, yet elegant sign, The Original Pet Postings® can help you avoid a real headache. Read on please.

Most homeowners do not realize that two or three claims (even modest ones) within three years are prompting many insurance companies to dump clients after their current policies expire. Being dropped by an insurance company is a big problem for two reasons:

  1. lenders won't carry a mortgage without insurance and
  2. with ever sophisticated databases, few other insurance companies want to take on a client with a loss record.

The following points are from a May 12, 2002 column by Kathy Kristof (syndicated columnist for Tribune Media Services) On Personal Finance titled: Insurers take a tougher line on dog coverage.
  • One-third of all liability claims on homeowners insurance are related to dog bites.
  • Over the last several years, many insurers have implemented rules aimed at limiting their exposure to dog bite claims.
  • The message to homeowners is clear: Pay attention to the pet or be ready to pay.

 

©2008 AVM Publishing, Inc.
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