$500,000 Insurance Coverage
Rushville, NE - The City of Rushville recently voted to ban new pit bulls. Citing a "rash of attacks" City Council members voted unanimously to prohibit new pit bulls in the city. The ban goes into effect in January. Existing pit bull owners must gain liability insurance coverage of $500,000 (Kudos to City Council members and City Attorney Jamian Simmons!), keep the animal securely confined, except when leashed and muzzled, and display a "Bewar… [Read full blog post]
How to Interpret?
A recent study by the Insurance Information Institute (I.I.I.) shows dog bite claims cost nearly $390 million annually. According to the study, dog bites account for one-third of all homeowners insurance liability claims, costing $387.20 million in 2008, up 8.70 percent from 2007. Since 2003, the average cost of these claims ($24,461 in 2008) has risen nearly 28 percent. Additionally, the number of claims has increased 8.89 percent to 15,823 in 2008 fro… [Read full blog post]