As noted in the attached press release from the Insurance Information Institute, the number of dog bites is on the rise. This continues to be a very serious issue facing the insurance industry and it is projected that insurance companies are considering taking drastic measures to address this. For agency staff, be sure to know how your carriers handle this issue in their underwriting guidelines.
“Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2013, costing more than $483 million, according to the Insurance Information Institute (I.I.I.) and State Farm®, the largest writer of homeowners insurance in the United States.”
Continue Reading Average Number of Dog Bite Claims Is On The Rise Nationwide