Average Cost Of Pet Insurance For Dogs

The breed of cat or dog you own can make a significant difference to how much it costs to insure it.

Average cost of pet insurance for dogs. We ll go over these later in this post. This is a marked increase on 2014 when the cost was just 456. What is the average cost of pet insurance. The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for cats in 2014.

This figure is based on the national average but can vary depending on coverage choices and the other unique factors. The ovma study estimated pet insurance to cost 933 per year for a puppy and 444 for a kitten. In the united states the average cost of pet insurance is roughly 492 per year or 41 per month. Pet insurance costs an average of 20 to 60 a month.

In 2013 the average claim was 300. Pet insurance that covers both accidents illnesses starts from around 23 per month 274 a year for dogs and 10 for cats 117 a year for cheaper policies with just 2 000 of cover. As we ve already noted this amount can vary considerably depending on a range of factors. There has been a huge increase over the last six year.

How much does pet insurance cost. 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. 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. 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. Average cost of a pet insurance claim the cost of an average pet insurance claim increased to 793 in 2018 from 757 in 2017. 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. Comparing the costs of a puppy and a kitten.