Companies that sell homeowners insurance are looking very carefully at who and what they insure. The industry is trying to rebuild a business that has become a money loser in recent years,
They are declining coverage of houses that have had water damage or severe claims of any kind. Adding to that, they are trying to protect themselves from claims based on dangerous apparatus outside the house. Trampolines, swimming pools, diving boards, or certain kinds of family pets can cause some companies to decline insurance.
Different companies are sensitive to different kinds of risks. Nationwide won’t cover homes that have big dogs like pit bulls, Dobermans, and Rottweilers because they risk injury or death to kids and adults. Other companies cover you if your dog has a good record and hasn’t bitten anyone.
According to the Wall Street Journal, Farmers Insurance will pay one dog bite claim for a policyholder but no more.
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