Moneyfacts.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfacts.co.uk will always be from news@moneyfacts-news.co.uk. Be Scamsmart.
Pets bring lots of love and joy to a home, but they can also be mischievous and accidentally cause damage to a property as a result. Although it is often assumed that home insurance and pet insurance will cover damage pets cause to homes, this is often not the case.
Here we look at how homeowners can cover themselves in case of accidental damage caused by pets.
Although content insurance often covers accidental damage, it is unlikely that this will include damage caused by the homeowner’s pet. Some policies may cover pet damage, but this will usually be as an upgrade on the policy and, as a result, will result in having to pay a higher premium. As well as this, even if pet damage is included there are often exclusions which can include:
Pet owners should also be aware that it is unlikely that their pet insurance will cover damage caused by their pet.
Similarly, those in rented accommodation will unlikely find insurance that will cover them if their pet causes damage to the property and many landlords will be reluctant to rent to pet owners as a result.
As pet owners will struggle to find cover for pet damage it may be worthwhile investing in preventive measures. Dog training, for example, could be a good way of ensuring dogs are well trained. While having toys and scratching posts can be a good way of preventing dogs and cats from causing damage to soft furnishings. Another potential option is using safe anti-chew spray that discourages pets from chewing furniture without causing them harm.
Again, it is unlikely that home insurance or pet insurance will cover damage a pet causes to someone else’s property. This is particularly the case if the pet’s owner or person responsible for the pet is the homeowner’s relative, guest or employee or if the pet has been left unattended. For home insurance policies that do cover damage to other people’s homes, there are also often exclusions which can include damage caused by vomiting, fouling or urinating.
If, however, an animal enters a property uninvited, for example a cat creeps into a home through an open window, the homeowner is more likely to be covered by the damage caused. If the animal accidentally knocks over and damages a vase, for example, it is likely that it will be covered under content insurance accidental damage. Meanwhile, if an animal causes damage to the exterior of the property it may be covered under building insurance.
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
In today’s world, there are plenty of threats to the security and viability of your wealth. You might be concerned about how the cost of living crisis will affect your savings and investments, for example, and already be having conversations with your financial planner about how to mitigate these effects. One potential challenge you could face in the coming months and years that you may not have considered is falling victim to an online scam.
One potential challenge you could face in the coming months and years that you may not have considered is falling victim to an online scam.
UK inflation reached 9.1% in the 12 months until May, the Office for National Statistics (ONS) announced today. Previously, inflation reached 9% in the 12 months to April. May’s inflation rate means it is the highest figure to be recorded in the National Statistics series, which began in 1997, and the highest inflation has been in 40 years.
UK inflation reached 9.1% in the 12 months until May, the Office for National Statistics (ONS) announced today.
Nationwide BS has increased the introductory rate on its FlexDirect current account to 5% today, making it the highest rate on the market for high interest current accounts. The latest increase means Virgin Money’s Club M and M Plus accounts offer the next highest rate on the market at 2.02%.
Nationwide BS has increased the rate on its FlexDirect current account to 5%, making it the highest rate on the market for high interest current accounts.
In today’s world, there are plenty of threats to the security and viability of your wealth. You might be concerned about how the cost of living crisis will affect your savings and investments, for example, and already be having conversations with your financial planner about how to mitigate these effects. One potential challenge you could face in the coming months and years that you may not have considered is falling victim to an online scam.
One potential challenge you could face in the coming months and years that you may not have considered is falling victim to an online scam.
UK inflation reached 9.1% in the 12 months until May, the Office for National Statistics (ONS) announced today. Previously, inflation reached 9% in the 12 months to April. May’s inflation rate means it is the highest figure to be recorded in the National Statistics series, which began in 1997, and the highest inflation has been in 40 years.
UK inflation reached 9.1% in the 12 months until May, the Office for National Statistics (ONS) announced today.
Nationwide BS has increased the introductory rate on its FlexDirect current account to 5% today, making it the highest rate on the market for high interest current accounts. The latest increase means Virgin Money’s Club M and M Plus accounts offer the next highest rate on the market at 2.02%.
Nationwide BS has increased the rate on its FlexDirect current account to 5%, making it the highest rate on the market for high interest current accounts.
Moneyfacts.co.uk will, like most other websites, place cookies onto your device. This includes tracking cookies.
I accept. Read our Cookie Policy