|Posted on September 25, 2015 at 1:15 PM|
This may or may not surprise you but Max, Bella and all their canine friends cause more than one-third of all homeowner insurance claims. This adds approximately $530 million a year to insurance costs.
The number of claims have decreased. However, the cost of the average claim from dog bites and other injuries from our furry friends is on the rise. This is according to the Insurance Information Institute. They found that dog bite claims nationwide decreased 4.7 percent in 2014, however the average cost per dog bite claim was up 15%. Since 2003 the average cost has risen 67% due to increased medical costs as well as the size of settlements given to plaintiffs and are still on the rise.
California continues to have the largest number of claims in the US and Ohio is second highest number of claims. Even though New York is third, it is registered as the highest average cost per claim in the country.
Other reasons for these increasing numbers is not due to just dog bites. Results are also from dogs knocking down children, cyclists and senior citizens - resulting in fractures and other injuries that increase the severity of the losses.
Victims and homeowner insurers are not the only ones paying for the dog bites. Workers compensation for the US postal Service costs about $3.7 billion a year.
It is not always a stereotyped dog that is the cause, pitbulls, etc. Experts have said that even normally docile dogs may bite when they are frightened or when defending their puppies, their owners or their food. The most dangerous though are those that suffer from poor training, irresponsible owners and breeding practices that foster viciousness.
If you are a dog owner, are you being a responsible owner? Are we as owners doing everything possible to prevent these accidents that may affect us physically and/or financially? If we truly love our precious pups and care about the well being of others, it is our responsibility to train our dogs and be more aware of possible harmful situations that can be prevented.