Average Pet Insurance Cost
In the united states the average cost of pet insurance is roughly 492 per year or 41 per month.
Average pet insurance cost. Average pet insurance costs how much you pay for pet insurance varies widely. This is a marked increase on 2014 when the cost was just 456. Our survey found that the average amount pet owners shell out for dogs aged seven to 10 is 526. It is worth noting that although this is the average for the industry the average for bought by many or other insurers may differ.
If your pet is fortunate enough to avoid any big issues the cost of insurance could outweigh the savings. The cost of an average pet insurance claim increased to 793 in 2018 from 757 in 2017. Owning a cat owning a dog. Accident only policies ran 158 and 132 respectively.
What is the average cost of pet insurance. Pet insurance for a dog typically costs and between 22 and 28 per month depending on age and breed. What should be included. 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.
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. The breed of cat or dog you own can make a significant difference to how much it costs to insure it. As we ve already noted this amount can vary considerably depending on a range of factors. 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.
Plans usually offer coverage for an array. 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. And these numbers don t include the annual price of pet insurance premiums. There has been a huge increase over the last six year.
The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for cats in 2014. The monthly premium can range from as low as 10 to higher than 100 though most pet owners can expect to pay between 30 and 50 per month for a plan with decent coverage. We ll go over these later in this post. Most companies offer at least two levels of coverage.
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.