If you own a dog, your assets may be at risk. There are more than 4.7 million reported dog-bite injuries in the US every year, and the average dog-bite liability case is settled for more than $29,000, with costs climbing much higher when the victim requires extensive plastic surgery. You can be liable if your dog has never bitten anyone before; you can be liable even if you don’t own the dog but are simply taking care of it.