While dogs are often referred to as man's best friend, with one bite they can become a physical and financial enemy. In 1998, there were more than 4.7 million dog-bite injuries, and more than half of the victims were children. Dog attacks account for one-third of all liability claims on homeowners' insurance policies. WIIS has information to help dog owners understand that choosing and training a pet properly is vital in preventing costly insurance claims.
Homeowners are financially liable for dog bites.
However, anything over the policy limit is the homeowner's responsibility. Once a dog has bitten someone, it poses an increased bite risk. A survey among insurance companies showed that 70 percent of insurers would not renew a homeowner's policy after one dog bite. To increase home security, consider buying an alarm system rather than a dog. It may qualify for an insurance discount.