Umbrella Insurance for Pet Owners Summary
Helpful Facts
- Pets, especially dogs, can cause accidents or bites that result in costly liability claims, making umbrella insurance essential.
- Dog bites represent about one-third of homeowners’ liability claims, often exceeding $49,000 and surpassing basic insurance limits.
- Umbrella insurance covers legal fees and large claims for dog bites and other pet-related accidents that exceed standard policies.
- Coverage extends to off-property incidents and property damage caused by pets, offering broader protection for pet owners.
- Even high-risk breeds excluded from basic insurance may be covered by umbrella insurance, safeguarding owners from financial exposure.