Do Pit Bulls raise your insurance?

Excuse me, as a professional in the field of finance and cryptocurrency, I've often encountered questions regarding insurance policies and potential risk factors. Now, I'm curious about a rather unconventional matter - do pit bulls specifically raise one's insurance premiums? I've heard anecdotal evidence suggesting that certain breeds, including pit bulls, may be associated with higher insurance rates due to perceived risk. However, I'm interested in a more in-depth analysis of this issue. Could you elaborate on whether pit bulls indeed have a direct impact on insurance costs and, if so, why that is the case? Additionally, I'm wondering if this trend is universal across all insurance providers or specific to certain companies or policies.