Nationwide Insurance prepares to name the Hambone Award 2019 winner

Hambone Award 2019 - dog in veterinary clinic

The insurer holds this event every year and has asked the public to vote on the weirdest pet related claim. Nationwide is holding its Hambone Award 2019 event and has asked the public to vote on the top strange pet insurance claim of the year. The insurer’s award is an annual event that honours the pet with the weirdest insurance claim. The Hambone Award 2019 already has its finalists, but the winner has yet to be named. The award started in 2009. It was named after the first winner, which…

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Dog groomer insurance helps your pet salon avoid risks unique to your business

Dog groomer insurance - go getting bath

Whether you groom from home, have a dedicated salon or have a mobile unit, you need coverage. Many business owners don’t realize that there are specific policies available to provide dog groomer insurance coverage. All too often, they purchase a general commercial policy which doesn’t offer the type of specific coverage unique to this kind of business. The type of policy you’ll need depends on the nature of the services you provide your customers. It’s important to recognize that there isn’t a standard dog groomer insurance policy, so it’s up…

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Generation X buys more pet insurance policies than any other generation

pet insurance policies - dog with head cone

Most people who purchase veterinary health plans for their furry family members have age in common. The average age of people who have purchased pet insurance policies is 43 years old. Moreover, those with coverage for their dogs and cats often have other features in common, too. Most people who have this coverage receive it through their employers and are married. The stats were presented by EverythingBenefits, following an analysis of demographic data regarding workers using the pet insurance policies offered as a part of the benefits provided by their…

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British pet insurance payouts reach record £785 million level

Pet insurance payouts - GBP

Policyholders have shattered previous records in the amount they received from their claims in 2018. Pet insurance payouts in the United Kingdom struck record levels in 2018 when they broke the £785 million mark. The figure rose to this level despite the fact that the number of claims filed by policyholders actually fell, said the Association of British Insurers (A.B.I.). The industry trade body pointed to a rising cost of complex veterinary care to explain the payment size. The A.B.I. underscored the increasing cost associated with sophisticated medical care to…

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Dog insurance premiums are more affordable in some cities than others

Dog insurance premiums - Dog - cute dog -sad dog

These locations are providing agents, brokers and animal owners a substantial opportunity. A recent study has revealed the parts of the country where dog insurance premiums are the lowest. There, pet owners can purchase coverage for their furry family members in an affordable way. Pet insurance can come with a hefty cost, depending on where the policyholder resides. When a beloved pet is injured or falls ill, vet bills can be in the hundreds or thousands of dollars. This can require animal owners to have to choose between their financial…

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Pet insurance popularity takes off, covers over 2 million in North America

Pet Insurance Popularity - Dog in Cone

The industry has now reached the $1 billion point, according to a new NAPHIA report. As pet insurance popularity grows as it never has before, it has now become a $1 billion industry, says a North American Pet Insurance Association (NAPHIA) report. The report states that the average year over year growth rate has been nearly 17 percent, says the 2018 NAPHIA State of the Industry Report (SOI). This year also represented the first time the industry surpassed the $1 billion threshold. Pet insurance popularity drove the industry’s gross written…

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Bullmastiff that ate a spatula wins weirdest pet insurance claim award

A dog from Lake Charles, Louisiana won the award by consuming the kitchen utensil. A Nationwide pet insurance claim involving a dog that ate a spatula might have been scary at the time, but ended up being an award-winning tale. The owners of the unfortunate pooch were relieved to have an insurance policy to pay for their dog’s care. The Lake Charles, Louisiana bullmastiff won the insurer’s most unusual pet insurance claim of the year award for 2017. This was certainly good news after the poor dog was required to…

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