What is Pet Liability Insurance?
Pet liability insurance protects you financially in the event that your pet injures or harms another animal or human. This clause is considered “third-party coverage”, so rather than reimbursing the policyholder directly, the insurance company reimburse whoever was injured or had damaged property as a result of your pet.
It may be difficult to imagine our pets biting a person or an animal. However, even the most well-trained animal can snap without warning, or accidentally dig a hole too deep that causes flooding. Rather than facing the related medical costs or contractor costs, for example, the insurance policy offsets your liability and relieves you of the financial burden you might otherwise face.
How Pet Liability Insurance Works
Pet liability insurance is included in some pet insurance plans. There are two main types of pet liability insurance to look out for: 1) health pet liability coverage covers legal defense and damage costs when your pet causes injury; property pet liability will cover legal defense and property damage costs. Both of these coverage options can give peace of mind knowing that your dog is protected from the large financial risk involved with a court case caused by your pet.
Key Takeaways
- Pet liability insurance protects you legally and reimburses third-parties that are injured or have suffered property damage due to your pet’s actions.
- Pet liability insurance comes in two main types of coverage: health and property damage.
- Pet liability insurance gives you peace of mind knowing that you are legally protected should your pet injure another or damage another’s property.
