Tag: Pet insurance popularity

Pet insurance is becoming a popular purchase before the holidays

H. Cutner
Pet insurance online search

The festive season is coming up fast and more animal owners are covering their furry family members. For many people, the holiday season is a fast-paced, joyful time of year that is focused on togetherness, but it can also be expensive and pet insurance is being increasingly purchased to cover unexpected costs. Families with furry members are coming to know that the holidays come with risks for animals. While owners are making important strides in added safety for their dogs and cats, all the decorations, guests, and changes to routine…

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

H. Cutner
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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