There are several situations that call for an increase in insurance coverage, such as adding a swimming pool to your backyard. Getting a new pet, especially a dog, can also impact your insurance. There are a few reasons why you should contact your home insurance company in Woodbury, MN after bringing home a four-legged friend.
Policy Exclusions
Some companies specifically exclude dog bites from their policies. This means you’ll have to pay a settlement out of pocket if you don’t have additional coverage. You may be able to purchase coverage through your current company, or you may need to go through another provider. It’s important to ensure you have proper liability insurance before an incident occurs. An agent at Kriener Insurance can help you learn more.
Claim Denials
Although some companies have policies that cover liability lawsuits for dog-related injuries, they often require prior notification. Your monthly premium or liability coverage may increase after notifying them. Failure to inform your provider about a dog may result in your claim being automatically denied. It’s best to notify your insurance company to avoid complications.
Insurance Adjustments
Some companies make adjustments based on the type of dog you own. For example, there are typically more lawsuits involving pit bulls than teacup poodles. A company may automatically increase your liability coverage. Whether this impacts your premium depends on your specific policy.
It’s important to remember that every insurance company is different. A professional representative at Kriener Insurance will review your policy with you and let you know if dog ownership will affect your coverage. Contact us today to learn more. We’re currently serving the Woodbury, MN area.
