How Much Does a German Shepherd Raise your Homeowners Insurance Premium?

In case you are in the market for a German shepherd dog and afraid that your homeowners insurance rate skyrockets or you already have a dog and looking for a German shepherd friendly homeowners insurance company, you have to know whether insurance companies consider this breed as a high-risk investment or not and how your insurer calculates your rate if you own such breed. And how much does your premium increases if you buy a German shepherd and finally how to keep your insurance rate low.

40% of American families own at least one dog. You as a homeowner consider your dog as a live burglary alarm and that may protect your home from theft, but homeowners providers deem your German shepherd as an important factor that determines – in most cases – the increasing in your insurance because one-third of all claims filed by homeowners all over the country are dog-bite liability claims.

Homeowners insurance providers deal with this issue in vastly different ways. The majority of insurers refuse in the first place to write an insurance policy for a homeowner owns dangerous dog breeds such as German shepherd and bit-bull. Other companies may cancel your policy if you buy a German shepherd or may cancel your liability coverage related to dog-bite.

In case your insurer keeps your policy valid your homeowners insurance premium will increase up to $50 – $250 per year. Most of companies accept your first claim but any further claims will be denied if your dog bites someone. The inadequate liability coverage in majority of homeowners insurance policies make the homeowners afford 70% of hospital expenses and lawsuits compensation related to dog-bite.

To find dog-friendly homeowners insurance provider you need to get quotes online. It’s the easiest way beside it’s free and takes no time. Some insurers don’t discriminate against homeowners and they don’t care if you own a dog or not let alone dangerous dog-breed like German shepherd. To prevent any liability claims you have to enroll your dog in CGC program. Show your agent the dog obedience school certificate to keep your rate low. You should socialize your dog and put him behind fence if you expecting a delivery man or guests to arrive especially with their kids. that will keep your dog from attacking people, and consequently make your claim history clean.