The majority of dog bites that occur around the United States are negotiated between the dog owner, their insurance company and the victim. About 5 million U.S. citizens are bitten annually, but only 16,000 claims are payouts from insurance companies.
The Costs of a Dog Bite
On an average, the cost of medical treatments has increased, but the treatment for dog bites has become exponential. Dog bite victims are no longer seeking treatment from general surgeons, but are going to plastic surgeons. As a result, insurance companies are paying out larger settlements in dog bite cases. These payments are notably cutting into the profits of insurance companies. If a homeowner is known to have dogs, then they are required to sign liability waivers for dog bites. If an owner's dog bites someone and they are off a leash, their premiums will increase or the insurance company can exclude their dog from coverage. As a result, many companies are considering not covering dog bites at all or only covering certain breeds.