According to the 2018 National Pet Owners Survey conducted by the American Pet Products Association (APPA), 68% of US households, or about 85 million families, own a pet. What’s more, an even higher share of renters have pets. This is surprising to hear, not only because of the rise in no-pet policies in condos but also because more and more Americans go without renters’ insurance, exposing themselves (and their pets) to unnecessary risks.
While everyone should have some form of coverage, it can be especially handy for those with furry family members. So, what are the advantages of pet insurance? Check out the answers to this questions and other common inquiries from pet owners below:
Can I File a Claim for Damages Done by Fido Inside my Home?
If your furry friend decides they suddenly have an inclination for drywall and they chew holes in your walls while you’re out, that will be your cross to bear. No matter if it’s your cherished smartphone, a new couch or your landlord’s carpet in your living room – you’re expected to front the bill.
Can I File a Claim for Damages Done by my Cat at my Friend’s Home?
So your neighbor is taking care of your lovely cat, Pearl, while you’re away in Vegas, but Pearl isn’t so happy about it. She scratches at the front door throughout the day and chews up your neighbor’s tablet. In this scenario, the damage will be covered, as your renters’ insurance “personal liability coverage” will come into play. Liability coverage is designed to help cover your personal liability if you (or your pet) are responsible for an accident or damage to another person’s property or if someone is harmed in your home.
Am I Covered if my Dog Bites Someone Visiting me?
While nobody expects their beloved dog to bite anyone, it can happen. If you’re insured, you’re covered (the amount varies) for medical payments, legal fees, and any settlement, up to coverage limits. But keep in mind that when you’re searching to find the best renters’ insurance company, be open about your needs and don’t expect that any dog will be covered, as there are some that are generally uninsurable.
The breeds that are typically blacklisted include:
- Pitbull Terriers
- Presa Canarios
- Doberman Pinschers
- Cane Corso
- Alaskan Malamutes
- Staffordshire Terriers
- German Shepherds
- Chow Chows
- Great Danes
- Siberian Huskies
Breed restrictions are a very debated topic. Some argue that they are necessary in order to prevent accidents and unfortunate encounters, while activists and owners are convinced it is all a matter of training. No matter what side you’re on, make sure you know how breed restrictions work. Landlords and property managers want to avoid liability and possible damage to the property, and they have the last word.
How can I Find the Best Type of Renters’ Insurance That Covers Pets?
Using insurance review websites to research how certain companies have handled pet-related claims in the past is a great way to find a provider that meets your needs; an insider view of how the providers handle their customers is essential, and shouldn’t be taken lightly. Make sure you use an insurance provider that will treat you well when you need it most!
Doing your due diligence will pay off in the long run, especially because of the fine print that is related to how many insurance providers cover pet-related issues. Remember, having coverage for your furry friend’s misdeeds will save you hassle if problems arise. If you’re already looking at buying renters’ insurance, you may as well go with the company that will give you the best for you and your pet!
Don’t have time to research companies? Talk to a local insurance agent. They can compare companies and prices for you and will know which companies are best to work with when considering your pet.