What Does Pet Insurance Cost

In the united states the average cost of pet insurance is roughly 492 per year or 41 per month.

What does pet insurance cost. A typical cost for pet treatment after they ve been hit by a vehicle and need surgery is over 9 000. As we ve already noted this amount can vary considerably depending on a range of factors. Of course when our pets are outside or inside for that matter they eat stuff they shouldn t. According to insurance companies the average amount that someone can afford for treatment at any one given moment is only 1 500.

A pet parent s guide healthcare costs are rising across the board and pet healthcare is no exception. This means you can expect to pay 250 up front to keep the policy in force for the year and once you ve paid 100 toward your pet s medical bills the insurer will reimburse you for any covered costs up to 1 500 for the year. The price of your pet insurance policy will vary depending on what type of policy you want. 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.

What is the average cost of pet insurance. For example say your pet insurance policy has a 250 annual premium a 100 annual deductible and a 1 500 limit. Regular costs can vary depending on the size of your pet and level of pet insurance cover you buy. Current pet insurance premiums while other types of insurance like health insurance are community rated meaning everyone in a certain age group pays a similar fee pet premiums are driven by a number of factors like the breed age size and hereditary conditions of your furry friend.

Canstar reveals what the average pet insurance policy can cost in 2019 according to our data. Most dogs will cost owners at least 21 000 over their lifetime with cats a cheaper option at around 12 000. 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. We ll go over these later in this post.

Accident only policies ran 158 and 132 respectively.