Dog Pet Insurance Cost
Standard coverage includes 250 or 500 deductible 80 to 90 reimbursement and around 10 000 for your annual limit.
Dog 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. A big chunk of this money pays for veterinary care from check ups and vaccines to treatment for an illness or after an accident. More and more americans welcome dogs cats rabbits birds and fish into our families even as the cost of owning a pet increases. What is the average cost of pet insurance.
The average pet insurance premium for compare the market customers in may 2020 was 158 a year. A pet insurance policy for a dog or a cat starts at 12 month at lemonade. Whether or not you can expect to pay that price depends on a ton of other details though let s cut through the complicated small print and figure out once and for all how much pet insurance actually costs. Costs can also spiral if your pet.
This is what we ll cover. Regular costs can vary depending on the size of your pet and level of pet insurance cover you buy. The cost of pet insurance plans can vary depending on a range of factors. Accident only policies ran 158 and 132 respectively.
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. Insurers may charge you more to spread the cost of your pet insurance in monthly payments so it can often work out cheaper to pay for a policy upfront for the year. Pet insurance for a cat younger than five years old costs on average 116 a year. For example the annual premium on dog insurance are around 420 in the north west but in greater london it can extend to 586 an increase of over 160.
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. Cat owners can spend up to 30 000 per decade. However this cost can be much higher if your pet suffers from a chronic condition which requires regular trips to the vet and ongoing medication. For dogs aged below five expect to pay around 225 a year.
Londoners pay the highest average annual premiums while dog owners of northern ireland will be relieved to hear that they can expect to pay the least for their dog insurance. 50 of people could achieve a quote of 157 20 per year for their pet insurance based on compare the market cat and dog insurance premium data for all cover types in may 2020. The cost of pet insurance will be determined by the policy type but will also vary depending on the type of and breed of your pet its age and any existing medical conditions. Then make sure you get quotes from several insurance companies to see typical premiums for your dog.
Most dogs will cost owners at least 21 000 over their lifetime with cats a cheaper option at around 12 000. The average cost of pet insurance.