Average Pet Insurance Cost Per Month
Depending on the breed a typical pet insurance policy could cost you around 30 to 80 a month.
Average pet insurance cost per month. Prices go up from there for premium plans higher vet limits older pets and certain breeds such as bulldogs. This is a personal decision. What is the average cost of pet insurance. According to their last published records consumer intelligence data revealed that the average annual premium for pet insurance costs between may 2017 and may 2018 was 287 equating to just over 23 90 per month.
The average pet insurance policy premium in 2019 for dogs was 48 78 per month for dogs and 29 16 per month for cats. As we ve already noted this amount can vary considerably depending on a range of factors. All it takes is one accident or illness to justify the cost of a policy. Cat insurance costs start around 10 a month 125 a year.
After obtaining quotes from 11 of the largest pet insurance companies we found the monthly cost of the average pet insurance plan ranges from about 25 to 70 for dogs and 10 to 40 for cats. We ll go over these later in this post. The average monthly cost of pet insurance is 47 20 for dogs and 29 54 for cats for pet insurance plans that cover both accidents and illnesses. In the united states the average cost of pet insurance is roughly 492 per year or 41 per month.
Accident only policies ran 158 and 132 respectively. Vitamins are usually around 100 per year and preventative medication for fleas and heartworms are each around 20 per month. Pet insurance costs an average of 20 to 60 a month. Dog insurance costs from around 23 a month 274 a year for accident and illness cover.
Accident only policies are cheaper than accident and illness policies. However a broken leg hip problems ear infections swallowing foreign objects diabetes or urinary tract infections can cost you thousands of dollars without pet insurance. Most companies offer at least two levels of coverage. Owning a cat owning a dog.
The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for cats in 2014. We explain pet insurance in a later section. Pet insurance for a cat typically costs between 15 and 18 per month depending on the age. None of this includes emergency treatments your pet may require.
Is pet insurance worth it.