Risk & Business Magazine JGS Insurance Summer 2024 | Seite 12

PET INSURANCE

Pet Liability Insurance

Taking The Bite Out Of Pet Liability

Woof . Moo . Hiss . Chirp . Whatever noise your non-human family members make , the responsibility of caring for a pet goes beyond feeding , watering , and taking them for walks . Pets are more popular than ever . Sixty-six percent of all American households own at least one pet , up from 56 % in 1988 . And even though pets quickly become part of the family , there is always a chance they will behave like , well , animals . Even the besttrained cats and dogs can bite strangers , react poorly in high-pressure situations , and cause injury to people , other pets , or damage to someone else ’ s property at some point in their lives .

No one thinks their fur baby is going to go rogue , but it is better to be safe than sorry . While some pet owners opt to protect themselves with pet-specific insurance policies , it is worth noting that many homeowners insurance agreements can also be written to provide pet liability coverage as part of the homeowners insurance policy .
PET LIABILITY PROTECTIONS OFFERED BY INSURANCE PROVIDERS
Most homeowners insurance policies include at least $ 300,000 of General Liability coverage which protects your financial risk and personal exposure in situations where
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