McCurdy Group - Insurance and Financial Consultants

Friday, September 18, 2009

Why is there such a hubbub about dog breeds by insurance companies?

Here are a few facts for you to chew on:
  • Dog bites account for one third of all liability claims
  • In 2007, claims reached a new high, up 28% since 2003
  • In 2007, there were 4.7 million dog bites, resulting in 800,000 injuries requiring medical treatment
  • $356,700,000 (yes, that's millions of dollars) was paid in claims, up 10.5% from the previous year
  • In 2007, there were 14,500 dog bites claims filed; the average claim payment was about $24,511

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