Dog-Bite Costs for Home Insurers Rise to $412 Million
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Dog bites cost U.S. home insurers 6.4 percent more in 2009 than in the prior 12 months, with the average claim exceeding $24,000 for the third straight year, an industry group said.
The injuries cost $412 million in 2009, compared with $387.2 million a year earlier, the fifth straight annual increase, the Insurance Information Institute said in a statement today on its website. The number of claims increased 4.8 percent to 16,586.