Contact: (217) 355 9075 - Address: 702 Bloomington Road. Suite 205. Champaign, IL 61822 - Email: dave@insuringchampaign.com

Will Getting a Pet Raise My Insurance Rate?

 

No, getting a pet should not raise your home insurance rate, but it might make your policy ineligible with your current company. While I don't know of any insurance company that will charge extra for a pet, there are many (in fact most) that have a list of animals they will not allow to be in a home they insure.

Certain breeds of dogs, some snakes and other exotic pets are deal breakers for some companies. Some insurance companies will allow some of these pets, but will exclude them from the liability coverage on the policy. That means if they bite somebody, you will be getting a bill or summons.

 Full Disclosure is the best course of action. Do Not try and hide the fact you have a dog on your companies no-write list from the company or your agent. Doing so could void your policy at a time you need it most due to misrepresentation.

Make sure you check with your agent before you bring home that pet and fall in love with it to make sure it is allowed on your policy, or it might be time to look for a different company.

 

Contact an Insurance Expert at Rueck Insurance.

 

If you prefer to call our office number is (217) 355-9075

You can also connect with Rueck Insurance further on The Rueck Insurance Agency Facebook Page

If you are not quite ready to contact us about your insurance but enjoyed and/or found the information in this post useful we would very much appreciate you posting a review on GoogleYelp or Facebook.

Disclaimer: This article is for informational purposely only. There is no legal advice being suggested or proffered and the author assumes no responsibility or liability for the actions taken or not taken by the readers based upon such information.

 


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At Rueck Insurance we know that insurance can be confusing, that's why we are taking the time to answer 100 most frequently asked insurance questions and post the here on the Rueck Insurance Blog

We Hope that the 100 Frequently Asked Questions will become a valued resource for you when you need to make an informed insurance decision.

We know you are busy, that's why we took the time to also record the answer to each question and put them on YouTube in a video that is 2 minutes or less.

That means you can find the answer to your insurance questions in 2 minutes or less and get back to your busy day!

It’s our hope that you will find very useful answers to some common insurance questions while getting to know us a little better at the same time.

If you would like to discuss your insurance questions with us directly, please feel free to give us a call at (217) 355-9075 or you contact us via email here.

100 Frequently Asked Insurance Questions

Auto Insurance

1. Why do rates go up as the value of my vehicle goes down?

2.  What is the Difference between Collision and Comprehensive Coverge?

3.  Does Car Insurance Cover a Chipped or Broken Windshield?

4.  Does Car Insurance Cover Hail Damage? 

5.  Do I have Insurance when I drive my new car off the lot?

6.  Should I buy a 6 or 12 month Insurance Policy?

7.  If my Garage burns down, will my homeowners insurance cover the damage to my car?

8.   Do you need insurance for a rental car?

9.   I am borrowing a friend's car...am I covered?

10. What do I need to get a car insurance quote?

11. Should I buy Gap Insurance for my New Car?

12. Does Insurance cover theft of personal property from my car?

13. Why don't All Insurance Companies Offer Accident Forgiveness? 

Home Insurance

1. Is Termite Damage covered on my Home Insurance Policy?

2.  Do I need Flood Insurance? 

3. Will getting a Pet Raise My Insurance Rate?

4. What do I need to get a Home Insurance Quote?

5. What is "other structures" property coverage on my Home Insurance?

General Insurance Questions and Terms

1. Why does Credit Affect the Price of My Insurance?

2. DO I HAVE TO WAIT UNTIL MY RENEWAL TO SWITCH INSURANCE COMPANIES?

3. Why do I need to provide my Social Security Number to get an insurance quote?

4. Does how I pay for my insurance affect my rate?

5. What is Insurance Price Optimization? The Insurance Industry's Dirty Little Secret

 

Still can’t find the answer to your insurance questions?

We’re here to help. Click here to submit your question, and we’ll get you the answer ASAP!

There is no such thing as too simple or too silly a question. If you’re looking for the answer to whatever your insurance question is, we promise you there are others as well who are asking the same question.

Disclaimer: This article is for informational purposely only. There is no legal advice being suggested or proffered and the author assumes no responsibility or liability for the actions taken or not taken by the readers based upon such information.


Why Does Credit Affect the Price of My Insurance?

Over 90% of Insurance Companies in Illinois use information from your credit report to determine the price you pay for insurance and they do it because the  Illinois Department of insurance allows it.

Insurance Company's have submitted that There’s a statistical correlation between your credit score and how likely you are to file a claim, and insurers use this correlation as the reason for the practice of raising rates for drivers with bad credit.
 
A Good FICO score does not automatically mean a good rate. Many insurance companies look at different factors in your credit report and use their own formula to give you what they call an "Insurance Score". They use your insurance score to determine your rate for your car and home insurance. The information each company uses is "proprietary" so they are very secretive about what information they use. The don't want the other insurance companies to figure out their scoring method.
 
But is it fair to use credit to determine your insurance rates?
 
Just because it is allowed doesn't mean it is fair. In fact three states, California, Hawaii and Massachusetts have outlawed the practice. Many consumer advocate groups are pushing other states to also ban the practice, but are facing a tough fight from the insurance companies. It looks like credit based insurance is here to stay for now.
 
 
 

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Rueck Insurance is your independent, one-stop insurance center for all your personal and business insurance needs in Illinois. Insurance shopping is easy when the Protection Team provides you with multiple quotes to choose from. You will always know you are getting the best coverage at the lowest possible price.

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Rueck Insurance is your independent, one-stop insurance center for all your personal and business insurance needs in Illinois.

702 Bloomington Rd#205
    Champaign, Illnois
(217) 355-9075
dave@insuringchampaign.com

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