American dog bite insurance claims rose to $686 million in 2017

Dog Bite Insurance - Homeowners Insurance - Aggressive Dog - Angry Dog -

The country saw a 2.2 percent increase in the cost of these claims, said the Insurance Information Institute. The Insurance Information Institute has released its latest U.S. dog bite insurance claims data. The report showed a 2.2 percent increase in the total cost of claims nationwide last year. Claims values themselves increased by a considerable amount in 2017 when compared to 2016. Dog bite insurance claims values rose to over $686 million in 2017. This paid for the year’s 18,552 claims. The average cost per single dog bite claim rose…

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State Farm Insurance paid out $109 million for claims relating to dog bites

California Insurance News

Last year, there were a tremendous 3,800 claims filed relating to these pet attacks. Though the incidents may not make the front page of the newspaper, claims from dog bites have been costing insurance companies millions of dollars each year, as was the case for State Farm last year. The insurer has released its statistics regarding the animal attacks showing they were far higher than 2010. According to a spokesperson from State Farm Insurance, Eddie Martinez, this number was up to $109 million in its payouts, from the $90 million…

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