You probably love your dog so much that you are willing to give everything they need to live a great life, including providing them with insurance. However, did you know that insurance companies can reject your application simply because of the breed of your dog?
Indeed, there are some dog breeds that are blacklisted from insurance companies for several reasons. From a business point of view, insurance companies are all about evaluating and assessing risks.
To continue, there are several dog breeds that pose a higher risk, and therefore are deemed by most insurance companies as uninsurable.
When it comes to insurance claims, one of the most prevalent is related to dog bites. Dog bites account for more than a third of all liability claims by insurance owners back in 2013, according to an Allstate insurance representative.
During 2013, the total amount of insurance claims for dog bites reached 490 million dollars, or an average of 30,000 dollars per claim. Having said that, some claims could go as high as 2.2 million dollars, in a particular case in Tacoma, Washington, as deemed by a Superior judge.
Insurance companies come up with lists of uninsurable dog breeds based on fatal dog bite statistics, but in some cases, some dog breeds make the list due to wide media coverage for isolated dog biting incidents.
The first dog breed that is blacklisted by insurance companies is bred to guard and fight… Learn More On Next Page ➡️🐶📺🔥➡️