Over the last five years, the sector has expanded despite the economic downturn. IBISWorld has now released its latest U.S. Industry Market Research Report, which provides details as to the progress of the pet insurance sector over the last five years. What it has indicated is that there has been notable growth among insurers and consumers. Over the last five years, according to the report, the pet insurance industry grew very rapidly, continuing its expansion regardless of the direction of the economy as a whole. It is a clear reflection…
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Pet insurance from Trupanion has now made it to Delaware
The most rapidly growing animal insurer has added yet another state to its list. The second largest pet insurance company in the United States, and the fastest growing, Trupanion, has just announced that it has expanded into Delaware and that animal owners can begin purchasing policies in that state. The policies have become available through the company’s website as well as over the phone. Trupanion stands out from other pet insurance providers as it operates with terms that are different from other companies. For example, it has lifetime coverage available…
Read MorePet insurance claims are common around Halloween
This celebration can cause a large exposure to hazards for animals. Though Halloween can be a wonderfully fun and exciting time of the year, some of the elements that make it an enjoyable celebration can present significant risks to the health of an animal, leading to some of the largest numbers of pet insurance claims. One insurer reported that claims related to candy were 245 percent higher during that week last year. Statistics from Petplan pet insurance showed that claims related to candy skyrocketed during the week surrounding Halloween, and…
Read MorePet insurance travel coverage added to plans at Hartville Group
This has been an outcome of a partnership with Global Pet Plus. The Hartville Group’s new partnership with Global Pet Plus has brought about a first of its kind form of pet insurance coverage in the United States, as travel assistance services have been added to the plan. Hartville is among the oldest as well as one of the largest animal insurers in the country. Through the insurer’s subsidiary agency, the company has now become one of the first American providers of emergency travel assistance within its pet insurance plans.…
Read MorePet insurance can save your dog’s life, but so can prevention
Just because your animal is insured, it doesn’t mean that you shouldn’t lower your risk. Dogs bring a tremendous amount of joy to the lives of their families, and this companionship is worth everything to some people, which is why pet insurance can help them to make sure that they will never need to choose between their animal’s life and their financial wellbeing. However, coverage is no excuse for avoiding certain precautions that can avoid a claim. It is a good feeling to know that if you have to make…
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