Pet insurance premiums are spiking in the UK

Pet Insurance

Some dog and cat owners are discovering that the health coverage for their animals is rising fast. Many of the cat and dog owners in the United Kingdom are facing an unpleasant discovery when they renew their pet insurance policies, as they are discovering that the coverage is becoming much more costly. Some animal owners have experienced premium hikes of over 40 percent. At that rate of increase, the premiums are rising at approximately 15 times the rate of inflation. This is forcing many to have to make a difficult…

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Pet insurance tips to help keep animals safe and healthy in the summer

pet insurance claims

Summertime heat can be lots of fun, but special care needs to be taken to avoid hazards. As the summer brings its expected heat waves, pet insurance companies remind owners that while this can mean lots of fun in the sun, there are potential hazards connected with the hot weather, too, and care must be taken to prevent health problems. It’s lots of fun to bring a dog to the beach or go for a walk, but remember that they can overheat. High temperatures and not enough water can lead…

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Benefits and drawbacks of pet insurance coverage

Pet insurance coverage is steadily on the rise as a growing number of dog, cat, and exotic animal owners seek additional financial support to cover the cost of keeping their animals happy and healthy. There are now ten times more insured pets than there were a decade ago, with policies that can insure anything from the regular health check-ups to unexpected emergency services or surgeries. There is a wide range of coverage available, but remember that the better it is, the higher the premiums will be. According to most veterinarians,…

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Pet insurance rates climb as a result of spoiled dogs

Pet owners who over feed their dogs are causing veterinary bills to skyrocket and, as a result, are forcing pet insurance rates to spike right along with them. Insurers of pets have reported that pet obesity – especially in dogs – is causing the animals to suffer from a number of unpleasant and expensive illnesses. Just as is the case with people, dogs suffer from many related conditions when they are overweight. However, because they are smaller than humans, the problems caused by the extra pounds are compounded and come…

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Does the cost of pet insurance outweigh the cost of pet healthcare?

Over 43 million households in America own a dog. More than 37 million own a cat. They are our companions, our best friends, even referred to as our “kids”. It’s no wonder that we will spend over 45 billion dollars a year to feed and care for them. In 2009 Americans forked out over 12 billion dollars to pay for their pet’s veterinary care. Healthcare for animals is increasing in price almost as fast as it is for humans. The reason is due, in part, to the advancement in the…

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The Pet Insurance Industry in California Under New Regulations

Pets are getting their own health care reform act – now everybody is in the game!  A new bill was passed earlier this month by the California State Assembly.  This new law is under review by Governor Arnold Schwarzenegger, which requires insurance companies with veterinary care plans to now divulge much more information concerning the limitations of protection. Regulations would demand insurance providers to offer the specifics of co-pays, lifetime benefit restrictions as well as limitations based upon pre-existing conditions on internet sites. Democratic Assemblyman Dave Jones is pushing the…

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The Ins and Outs of Pet Insurance

Last year, veterinary care cost Americans over $10 billion. To help offset these costs for pet owners, many insurance companies are adding, or even specializing, in pet insurance. Growth in the purchase of pet insurance plans is on the rise. The increase the purchase of pet insurance policies is predicted by Independent Insurance Agents and Brokers of America (IIABA) to be over $1 billion this year. There are a variety of plans available to consumers, as well as other options in lieu of insurance policies. There are some considerations to…

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