Live Insurance News

Pet insurance customers often don’t realize they have this coverage

December 9, 2022December 8, 2022 G. Turner

Many animal owners would see even greater value in the policies they already have if they knew. Pet insurance policyholders know that when they purchase this coverage, they are helping to make sure they don’t have to cover the entire expense related to many potential health issues a cat or dog could experience throughout their lifetimes. That said, many people don’t realize just how much coverage they really have. It’s common to think of these policies as quite the expense, but their value rises with understanding. Emergency veterinary visits are…

No growth in pet health insurance claims for respiratory issues

May 1, 2020April 30, 2020 Nordstrom

Trupanion has been monitoring the nature of claims for cats and dogs through the pandemic. Trupanion, the pet health insurance company based in Seattle, has stated that it is monitoring the types of claims it is receiving. As of yet, it has not noticed an increase in claims relating to respiratory issues in cats and dogs. The insurer has been watching for changes in claims of that nature since the start of the pandemic. Back in March, the company released a statement that there were “no unusual increases or changes…

Nationwide announces new bird and exotic pet insurance product

January 23, 2020January 22, 2020 Julie Campbell

Americans keep many animals other than dogs and cats in their homes and want coverage for them. Nationwide recently announced the launch of a new type of bird and exotic pet insurance plan. It acknowledges that there are many other types of animal friends in American homes than dogs and cats. The coverage is designed to protect legal pets that may require veterinary care in their lifetimes. Current estimates show that about 15 percent of American pet owners have an exotic animal or a bird. These can include anything from…

Cat takes this year’s Nationwide pet insurance weirdest claim prize

November 1, 2019October 31, 2019 Julie Campbell

Nationwide pet insurance - brown tabby cat

The injured animal has become the 2019 winner of the insurer’s annual Hambone Award. Though everybody thinks their own animal stories are weird, Nationwide pet insurance uses its claims and consumer votes to discover whose is the weirdest each year. This year, policyholder Andrea Brannen’s cat, Minnow, took the top prize for weirdest insurance claim. As reported last week on Live Insurance News, the Hambone Award at Nationwide pet insurance is awarded to the dog or cat with the strangest claim in the previous 12 months. The award was named…

Pet insurance company goes public

July 24, 2014July 22, 2014 Julie Campbell

Things to consider when searching for pet insurance

Trupanion Inc. has now started trading on the New York Stock Exchange and is off to a strong start. At a time in which pet insurance is truly beginning to take off throughout Europe – though not yet as much in the United States – an insurer has now gone public in the U.S., and its initial successes appear to reflect the opinion of investors that Americans are ready to start purchasing coverage for their dogs and cats in considerably larger numbers. At the moment, only about 2 percent of…

Pet insurance company names winner of “most unusual claim” contest

April 18, 2014April 15, 2014 Julie Campbell

A cat in Middletown, Delaware named Lewes was given this month’s title. A two year old cat named Lewes, who is owned by the Racelis family in Middletown, Delaware has now earned a rather unique form of recognition, as his pet insurance company named his circumstance as having the “Most Unusual Claim of the Month” after he was required to undergo an emergency surgery in order to extract a foam dart out of his small intestine. The insurer hands the title out to the oddest claim that is made each…

Pet insurance is helping more pets survive cancer

March 6, 2014March 4, 2014 Julie Campbell

According to Aquarium, a software provider for insurers, coverage is contributing to animal survival. According to pet insurance software company, Aquarium, companion animals such as cats and dogs are surviving cancer at a notably higher rate because of the treatments that their owners can afford through their coverage. This has created a direct link between animal health coverage and their cancer survival rate. For the majority of animal owners who do not have coverage, being able to afford cancer treatment for their beloved furry friends would be cost prohibitive. However,…