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…
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Some times are better than others to buy pet insurance
The coverage offers a financial safety net for families with furry members, but there’s a learning curve. Millions of animal owners provide their furry family members with medical coverage by buying pet insurance, but knowing precisely when to make a purchase will determine just how much is paid for the coverage throughout the life of the animal. In the case of an unexpected need for veterinary care, this coverage can make a big difference. That said, it’s not uncommon for people to say that they would prefer to simply tuck…
Read MoreLemonade pet insurance launches for the first time
The online insurer is using this move to take itself into an entirely new coverage space. Lemonade pet insurance launched this week, taking the company into a new product category. This represents the company’s first step into a new vertical since 2016 when it first began offering its renters and homeowners insurance policies. Nearly three quarters of the company’s current policyholders are also pet owners. Approximately 70 percent of existing customers with the insurer own animals. That said, only about 1 to 2 percent of owners in the United States…
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