How Dogs Can Affect Your Insurance

| February 27, 2019

article image
In some states, owning a dog can affect your homeowners insurance policy. Although you may love your dog, it can sometimes make it harder to get homeowners insurance coverage. There are some insurance companies who may deny you coverage due to your dog’s breed. Certain breeds are deemed “dangerous” and insurance providers will not offer you coverage because of this. Can Insurance Companies Legally Deny Coverage? In states like Massachusetts, there is no requirement for an insurance company to give you homeowners insurance if they consider your dog to be a high-risk breed. You can work with an insurance agent to help you get homeowners insurance coverage if you are having trouble by yourself. How Can I Show That My Dog Is Not a Threat? There are some steps you can take to demonstrate that your dog is not a threat. You can show this to your insurance agent or potential insurance company.

Spotlight

MHG Insurance Brokers

MHG Insurance Brokers is a leading insurance brokerage providing insurance advice and solutions for Marine Crew, businesses and groups and individuals around the world. Whether you are looking for a competitive Yacht Crew insurance plan, Cruise Ship Crew insurance, business insurance plans or insurance coverage for you, your family or group, we can help.

OTHER ARTICLES

How insurance companies are responding to COVID-19

Article | April 13, 2020

Amid COVID-19, banks began offering mortgage deferrals and slashing credit card interest rates in half for cardholders who need relief. Home and auto insurance companies COVID-19 plans are now being released. How will this impact your insurance right now? How can you save on insurance during COVID-19, while making sure to stay protected?

Read More

2020: Winning in the Digital Revolution of Insurance

Article | April 13, 2020

Technology, consumer demand, new competition, and changing market dynamics are revolutionizing the insurance industry. The increased pace of innovation and change has challenged traditional insurance practices and created a new age of insurance defined by greater connectivity and automation. Technology and innovation are creating unprecedented opportunity to generate greater operational efficiencies and more value for your business.

Read More

What is Fiduciary Liability in Business?

Article | April 13, 2020

Fiduciary liability coverage, also known as management liability insurance, was formed to protect businesses against costly claims that are born out of a breach in fiduciary duty. This policy, in essence, protects employers against liabilities for managing employee benefits. For businesses carrying management liability insurance, it’s important to look at how this kind of coverage breaks down to provide comprehensive protection and what kinds of liabilities businesses are up against. Here’s a better look.

Read More

What is the Expense Ratio for an Insurance Company?

Article | April 13, 2020

Providing financial security to its consumers is the ultimate aim of an insurance company. However, sustaining its own capability to finance its customers becomes its priority. To measure the financial sustainability, insurance companies use various different methods and techniques. Among them, the Expense Ratio serves as the ideal measure providing clarity on the logistics. Signifying the efficiency of an insurance company and measuring its profitability, the expense ratio gives a clearer picture of the financial aspects of the company.

Read More

Spotlight

MHG Insurance Brokers

MHG Insurance Brokers is a leading insurance brokerage providing insurance advice and solutions for Marine Crew, businesses and groups and individuals around the world. Whether you are looking for a competitive Yacht Crew insurance plan, Cruise Ship Crew insurance, business insurance plans or insurance coverage for you, your family or group, we can help.

Events