Average Pet Insurance Cost
The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for cats in 2014.
Average pet insurance cost. In 2013 the average claim was 300. Pet insurance for a cat typically costs between 15 and 18 per month depending on the age. Average pet insurance cost uk according to the abi the average pet insurance premium in the uk is 279 but you can pay a lot more or less than this depending on the type of cover you buy the age and breed of your pet etc. In the united states the average cost of pet insurance is roughly 492 per year or 41 per month.
There has been a huge increase over the last six year. And these numbers don t include the annual price of pet insurance premiums. The breed of cat or dog you own can make a significant difference to how much it costs to insure it. Most companies offer at least two levels of coverage.
Found the average cost of a lifetime pet insurance policy is a fur raising 472 a year for a dog and 285 for a cat. 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. It is worth noting that although this is the average for the industry the average for bought by many or other insurers may differ. Pet insurance for a dog typically costs and between 22 and 28 per month depending on age and breed.
Accident only policies ran 158 and 132 respectively. As we ve already noted this amount can vary considerably depending on a range of factors. Plans usually offer coverage for an array. Average pet insurance costs how much you pay for pet insurance varies widely.
A one year policy on its own is going to be a lot cheaper during the early years of your dog or cat s life but it will start to get more expensive when they get to six or seven years old. Our survey found that the average amount pet owners shell out for dogs aged seven to 10 is 526. We ll go over these later in this post. What should be included.
If your pet is fortunate enough to avoid any big issues the cost of insurance could outweigh the savings. With an average cost of 22 a month for dogs and 16 a month for cats insuring your pet could mean your total costs hit 588 for a dog or 456 for a cat. How much does pet insurance cost. The cost of an average pet insurance claim increased to 793 in 2018 from 757 in 2017.
Owning a cat owning a dog.