What pet damage does insurance cover?
Pets are a part of the family for many homeowners and renters, but they’re a big responsibility and can also be expensive.
One of the most important things for pet owners to understand is what pet-related damages your insurance policies cover.
Keep reading if you want to learn more about why you need to declare your pets on your homeowners or renters insurance — and why liability coverage, which is different from medical pet insurance, is so important.
Q: Does my homeowners insurance policy cover damage caused by pets?
A: The first step is to be upfront about any pets in your home. Otherwise, you may not be eligible for coverage if your pet hurts someone or damages their property. The liability and medical payment part of your policy would cover this type of incident.
Homeowners insurance usually doesn’t cover any damage your pets cause to your property, such as furniture or electronics.
Q: Does renters insurance cover pets?
A: It’s likely that your renters policy may also offer liability coverage for the types of damage mentioned above. Check your policy for specifics, and reach out with any questions.
Q: Does insurance cover dog bites?
A: If your dog bites someone on your property, the personal liability and medical payment coverages in your insurance policy may cover it. However, additional exclusions or higher premiums may kick in if this happens.
Q: Are any pets excluded from coverage?
A: Your coverage may be limited when it comes to certain dog breeds that are considered high-risk. Exotic or backyard animals are less likely to be covered, but it depends on the specifics of your policy. Let’s discuss it so you know what impacts your coverage.
Q: Will homeowners insurance pay for veterinary bills?
A: Homeowners insurance only covers damage caused by a pet to other people and their property. If your pet is injured during such an incident, you would have to cover the vet bills on your own. However, pet insurance for veterinary coverage does exist as a separate purchase.