abc-news

Dogs Put $489M Bite on Home Insurance Industry

News - ABC News

Share this post

How costly are dog bites? The cost to the insurance industry last year was $489 million--about 1/3 of all the money paid out for homeowners' liability claims overall. That figure, says the Insurance Information Institute, is up more than 50 percent since 2003. The number of bite claims last year was close to 16,500.Half a billion dollars, though, does not begin to quantify the harm done by bites from Fifi, Rex, Laverne, Princess, Laddie-Boy and Buster—in other words, from dogs in toto. Toto, too? Yes, even from Toto.
image Dogs Put $489M Bite on Home Insurance Industry Dogs Put $489M Bite on Home Insurance Industry Dogs Put $489M Bite on Home Insurance Industry Dogs Put $489M Bite on Home Insurance Industry

Read more http://feeds.abcnews.com/c/35229/f/654824/s/2c91dc13/l/0Labcnews0Bgo0N0CBusiness0Cdogs0Ebite0Einsurance0Eindustry0E4790Emillion0Cstory0Did0F19274676/story01.htm