What Insurance Do I Need If I Get A Dog?

Getting a dog is a big responsibility, and deciding to get one is a major life decision that should not be taken lightly. That being said, it can be one of the most rewarding choices you make. Whether you’ve been planning on getting a dog for months, or just couldn’t say no to a cute puppy face, if you find yourself with a canine friend, there are a few insurance tasks that it’s really important you complete.

There are two basic types of pet insurance that every pet owner should consider. While neither are mandatory, they could be a lifesaver down the line. Trust us, once you have your pet you’ll most likely do whatever it takes to keep it safe and healthy. By making sure your pet is properly insured you’re taking care of your animal and your wallet.

Let’s start with the basics—pet insurance. A basic pet insurance policy does not cover any preventative treatment, think heartworm and flea medication, but it does kick in for any unexpected expenses, and those can add up quick. If your dog needs surgery for any reason, or a visit to the emergency vet an insurance policy like this can save you from having to empty out your savings account.

Like any policy, pet insurance policies differ depending on the deductible and amount of coverage you need. Take the time to consult with your veterinarian before purchasing a policy to ensure you get the right amount for your pet. For example, bigger dogs need more of any kind of drug which means their vet visits are going to be consistently more expensive than that of a smaller dog.

The other aspect of pet insurance is likely part of a policy you already have. Most homeowners insurance policies include some type of coverage for things like dog bites that occur on your property or property damage incurred by your dog. Unfortunately, there are a lot of issues associated with this.

Insurers view dogs as extremely high risk, particularly depending on the breed that you have. Since there is so much conflicting information about aggressive breeds, there is often a lot of contention between insurers and their pet-owning clients, particularly when a claim is filed. Not only that, but most insurers are quick to hike premiums after a dog bite claim since dog aggression isn’t something that goes away overnight.

Now, that being said it’s still a good idea to make sure your homeowners policy has some sort of pet clause. The average cost of a dog claim in 2016 was $33,000. Not a small amount to be sure and definitely not an amount you want to have to pay in its entirety.

Being a pet owner is an incredibly rewarding expensive, but make no mistake, it’s also a really expensive one. Plan ahead and mitigate the financial damage that your pet can get you into by taking the time to get the correct insurance policies. Now you can spend all that extra money you’ll save on bones and dog food!

If you want to learn more about your homeowners policy, or inquire about pet insurance, we encourage you to reach out to the staff at TGS Insurance. Not only are they pet lovers themselves, but they are also experts in the insurance industry. The TGS staff is always ready to answer whatever questions you may have and find the right insurance policy for your lifestyle. Visit www.tgsinsurance.com to learn more.