Live Insurance News

Pet insurance is becoming a popular purchase before the holidays

October 31, 2023October 30, 2023 H. Cutner

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…

Veterinary practices improving perception of pet insurance

September 26, 2023September 25, 2023 H. Cutner

The results of a recent survey show that the change in perception has gone in a positive direction. Consumers have undergone a shift in their perception of pet insurance when it comes to veterinary practices, and it has gone in a positive direction according to a survey conducted by Pawlicy Advisor in conjunction with AAHA. The research was conducted to better understand veterinarian perception of this type of coverage. The survey from Pawlicy Advisor looked into the way veterinary professionals perceived pet insurance. The respondents to the survey were given…

Second state to sign new pet insurance law is Mississippi

May 2, 2023May 1, 2023 H. Cutner

Governor Tate Reeves has signed the animal health coverage bill into law. Mississippi Governor Tate Reeves recently signed a pet insurance bill, making the state the second in the country to do so. It will go into effect on July 1. The purpose of the law is to make it possible for agents to sell the policies to their customers. Pet insurance agents will be able to sell the policies to customers who want coverage against expenses associated with unexpected injuries and illnesses in their animals. According to a recent…

Washington state introduces new rules for pet insurance providers

April 17, 2023April 13, 2023 Marc

A new law will require that insurers adhere to stricter regulations when covering animals. Washington state has passed a new law that will require that pet insurance providers to comply with stricter rules. These new rules will include establishing a new standard to define precisely what a pre-existing condition is if an insurer intends to use it to deny a claim. Vagueness in definitions of terms such as pre-existing conditions will need to be clarified. Washington Governor Jay Inslee recently signed the coverage clarity bill into law, explaining that this…

Pet insurance is becoming more popular. Here’s why!

February 27, 2023February 23, 2023 H. Cutner

Pet Insurance - Woman with dog, using computer

A combination of several factors has come together to make this coverage far more appealing. Pet insurance has seen a steady but rather slow growth rate in the United States, even as countries in other parts of the world, such as Europe, have been purchasing it much more quickly. That said, the trend in the US appears to be speeding up, and there are a number of reasons to explain it. As inflation sends the cost of food and other necessities upward, many Americans are seeking relief. This has included…

Some consumers are adding pet insurance to winter preparations

December 20, 2022December 18, 2022 Logan B.

US animal owners are increasingly purchasing health coverage for their cats and dogs this season. Though pet insurance can provide financial protection to dog and cat owners at any time of year in case of an illness or injury, this year, purchasing coverage has become a bit of a winter prep trend. This time of year is among the most hazardous to cats and dogs due to weather and celebrations. For years, pet insurance companies have issued animal safety recommendations to cat and dog owners in the hopes of helping…

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…