As a homeowner, you may have noticed that not everyone pays the same amount for homeowners insurance. Insurers take many factors into account—including dog ownership—when assessing premiums and coverage. Below are some answers to frequently asked questions about the effect of dogs on home insurance rates.

The Impact of Dogs on Homeowners Insurance

How does a dog affect rates?

One determinant of the premium you pay for insurance centers on the liability risk you present to an insurer. If you have a dog, your rates for liability coverage will be higher because dogs may bite.

Which dog breeds concern insurers most?

Although any dog can bite, dogs large enough to cause significant harm, especially those with a breed history of aggressive behavior, may drive up rates. Insurers often charge more for—or may refuse to insure—households with German shepherds, Akitas, Rottweilers, Doberman pinschers, huskies, malamutes, chowchows, and pit bulls.

Should you update coverage if you get a dog?

Failure to update a policy if you get a dog is a vulnerability. If your dog were to bite someone, your policy might not cover the expenses associated with the attack. Medical bills, lost wages, property damage, and legal fees arising from the incident could be extremely costly.

How much liability coverage do you need if you own a dog?

Homeowners insurance typically has liability coverage limits of $100,000 to $300,000. Consider raising your liability limits or purchasing an umbrella policy in excess of your current coverage as a precaution. Seek a professional opinion from a reputable agent before taking any action.

If you have a dog and need homeowners insurance, contact Allegheny Insurance Services in Elkins, WV. They have more than 100 years of experience serving clients in and around Randolph County. In addition to home insurance, they also specialize in auto, health, life, and business insurance. Visit their website to learn more about coverage for homeowners, or call (304) 636-1680 to request a quote.