This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

March Madness: Duke To Win It All

Okie; 10 -- Oklahoma

"There are also three pets named 'Izzo',' bringing to mind Tom Izzo, Michigan State's head coach, one named 'Pitino' (Louisville head coach Rick Pitino), 10 named 'Bucket,' eight named 'Hoops,' five named 'Rebound' and two named 'Swish,'" says Fell.

VPI, based in Brea, Calif., is one of the largest pet health insurers, but it's not alone. Other major providers include Healthy Paws, PetPlan, 24PetWatch, Embrace and Trupanion, among others.

Pooch persecution? Pit bulls and insurance

But it's not all fun and games when it comes to pets - especially certain breeds of dogs -- and insurance.

Tennessee's House of Representatives is considering a bill that would require owners of vicious dogs to carry a minimum insurance policy of "$25,000 for liability against any injuries inflicted by the dog."

The bill targets any animal with a previous history of causing injury or death to a person or other animal without being provoked. House bill 621 also says "any animal that belongs to a breed commonly known as a pit bull dog shall be considered vicious."

Some home insurers are also concerned, as dog-bite liability claims in 2011 comprised more than one-third of all homeowners insurance liability claims. This cost insurers about $479 million in 2011, up 16 percent from the previous year, according to the Insurance Information Institute (III). The average cost of a dog-bite insurance claim was $29,396 in 2011, according to III. (See: " Man's best friend, your insurers worst enemy.")

Farmers Insurance, for instance, recently began eliminating home insurance liability coverage for dog-bite claims involving pit bulls, Rottweilers and wolf-dog hybrids. Farmers isn't going as far as canceling policies, but it does want clients who own these breeds to sign exclusion coverage waivers. Policies won't be renewed without the waivers. (See: " Farmers unleashes dog-breed ban.")

Similar to Farmers, other home insurers won't include certain breeds in policies and say customers must sign a waiver that makes them responsible for any lawsuits or health care costs connected to their dog's actions.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs