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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Petplan pet insurance identifies most common veterinary health conditions from 2011
The leading animal coverage provider in the United States, Petplan pet insurance, has revealed the results of its data from 2011, showing the top 10 most common health conditions in dogs and cats. Though some of the conditions, such as diarrhea and vomiting, were to be expected, there were a few surprised about what made it into last year’s most common illness list. According to the claims data received by Petplan last year, the following are the top ten conditions reported: 10 – Periodontal disease 9 – Urinary tract infections…
Read MoreHartville 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.…
Read MoreTrupanion 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…
Read MoreCould pet insurance become the bread-and-butter of insurance agents
Pet insurance is a growing segment of the insurance marketplace and some agents are starting to wonder if it may be the next gold rush. That said, experts in the industry are warning agents not to hop aboard too quickly, as this is a specialized segment of the insurance market and it is important to know this niche in the industry very well in order to be successful. Pet insurance is a form of health insurance for animals. It involves the payment of premiums in order to be able to…
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