Does having a dog raise homeowners insurance? Owning a specific breed can raise your homeowners insurance premium. Because certain dog breeds are known to bite and create other liabilities, there’s a greater chance that you would need to file an insurance claim. Your insurance company raises your rate to compensate for that potential claim and payout.
Can homeowners insurance drop you because of a dog? Can Homeowners Insurance Drop You Because Of A Dog? It’s unlikely that your homeowners insurance will drop you because of a dog. However, if your dog falls under the provider’s “breed list” that determines which breeds they will or will not cover, you may be required to pay a higher insurance premium.
Do you have to tell your homeowners insurance about a dog? Yes, you should tell your homeowner’s insurance company if you have a dog. Homeowners insurance for dog owners will indemnify you against claims for damages as a result of your negligence, including dog bites and property damage.
Does having pets affect home insurance? But insurance companies often see your pet as a liability. In addition to damaging your home, pets can harm the property of those who live near you, as well as your neighbors themselves, leaving you and your insurance company liable for all related damages and injuries.