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

Pet Insurance cat

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…

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Pet insurance saves dog owners from expenses after the animals consume strange objects

Embrace Pet Insurance has released the results of the analysis of its own data that has looked into claims worth over $1,000 that resulted from pets consuming inedible items that included everything from street drugs to razor blades. In a recent release, the insurer identified the top 5 oddest items that pets have consumed, as well as the costs that were associated with their insurance claims. The insurer receives more than a thousand claims of this nature every year. The lowest cost for the claims last year was $32, while…

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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 coverage is worth the cost

Many pet owners struggle with the decision as to whether or not pet insurance coverage will be a good investment to protect their finances and ensure that their pets will obtain the veterinary care they require for the best quality of life. Unfortunately, a large number of Americans are already finding it challenging to be able to afford their own health insurance. This makes the decision even more of a struggle. Currently, there are almost one million North American pets covered by pet insurance. This may sound like a lot,…

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Hartville Group launches new plans for expanded pet insurance coverage

The Hartville Group, Inc., when considered with Petsmarketing Insurance.com Agency, Inc., its subsidiary, is among the oldest and the biggest insurers of pets in the United States, and it has just revealed that it will be expanding the ASPCA (American Society for the Prevention of Cruelty to Animals) Pet Health Insurance coverage. It will now be providing its policyholders with a 90 percent reimbursement for veterinary costs and for congenital and hereditary conditions that are included in its coverage, and it will offer higher limits per incident, among other improvements.…

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Petplan Pet Insurance releases the names of the veterinarians on the short list for its annual award

The top rated pet insurance in the United States, Petplan Pet Insurance, has released the names of the veterinarians on the short list for its 2012 “Vet of the Year Award”, narrowing the list down from the original 2,000 nominations that had been received by the insurer from across the country late last year. The names on the list include: • Dr. Matt Hennessey, Houston, TX – Jersey Village Animal Hospital • Dr. William Latter, Lakeland, FL – All Creatures Animal Clinic • Dr. Gary Richter, Oakland, CA – Montclair…

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Online Insurance Marketplace releases outcome of pet insurance survey

Leading life insurance website for covering individuals with life insurance without a medical exam, the Online Insurance Marketplace, has released the results of a survey that it held to determine how many life insurance customers also insure their pets, called “Do You Have Pet Insurance?” What they found is that sixty percent of the people who took part in the poll and who were asked the questions about pet insurance totalled to, 60 percent answering “yes”. This is not the first of this type of research that has been performed…

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Over 12 million British pets are not covered by insurance

Despite the fact that 86 percent pet owners in the United Kingdom consider their animals to be family members, 56 percent of them do not have an insurance policy to cover their veterinary expenses, according to the results of the latest Gocompare.com research. The study involved a survey of pet owners in the country, and indicated that millions of pets do not have the coverage required to protect owners from extremely expensive vet bills that they could face if their animal family member should ever be injured or fall ill.…

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Trupanion pet insurer raises $9 million to improve customer service and widen sales force

The Trupanion pet insurance company has raised $9 million in financing, with funding coming primarily from the Highland Consumer Fund, but also from Maveron, a venture capital firm from Howard Schultz. The insurer provides pet coverage to owners in Canada, Puerto Rico, and the United States. It provides coverage for 90 percent of medical care from a veterinarian should the protected pet be injured or fall ill. Premiums for a mixed-breed dog at three years old are typically around $40 per month. Trupanion explained that it intends to use the…

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Veterinarians aren’t to blame for the increase in pet insurance claims

Veterinary bills in the United Kingdom are on the rise every year, but this does not necessarily mean that animal care professionals are making a bigger profit from offering the same services that they have always provided, nor can the claim be made that they are charging more money to clients who have insurance. The reason for this is that pet insurance is not a new product. In the U.K., it has existed since shortly after the end of World War II. The only element that is new is that…

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