Insurers have rejected £801.8 million value of dwelling insurance coverage claims for damages brought on by pets, as many Brits don’t realise it’s usually excluded from dwelling cowl, analysis from Go.Examine dwelling insurance coverage exhibits.
Virtually half (45%) of pet homeowners mentioned they didn’t know dwelling insurance coverage usually doesn’t cowl damages brought on by pets.
This implies 1000’s of policyholders may have seen their declare rejected, which might additionally lead to a useless improve to future premiums.
Nathan Blackler, dwelling insurance coverage professional at Go.Examine, mentioned: “It’s clear from our survey that many pet homeowners don’t realise their dwelling insurance coverage most likely gained’t cowl them if their pet causes injury to their property, which is resulting in 1000’s of rejected claims.
“Having a declare rejected can even lead to greater premiums, so it’s essential to verify that you just’re positively lined earlier than making a declare.
“You’ll find safety for these damages from some suppliers if it’s one thing you’re feeling you’ll want, however you might need to buy round.
“Before you purchase a coverage, it’s best to at all times verify what’s lined and what’s excluded. If pet damages aren’t included, see if the supplier gives unintended injury cowl as an add-on, and verify whether or not it will defend you in opposition to cat or canine injury.”
