Small businesses designed to make sure Fido and Fluffy get walked every day need coverage, too. Professional dog walker insurance, also called a pet care insurance (PCI) policy, is a growing industry and for good reason. Americans love their pets and there are millions of these furry family members across the country. However, they don’t always have the time or mobility to walk them as often as recommended. Dog walkers have become a necessary part of pet ownership for millions of Americans. That said, as is the case with many…
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Grumpy Cat’s owner faces income loss risk without social media insurance
In the absence of coverage for animal influencers, owners risk financial losses when their pets die. Following the death of Grumpy Cat, the lack of a niche social media insurance product for animal influencers has fallen into the spotlight. As a result, the popular meme cat’s owner is at risk of some major financial losses. Under the law, a pet – even a social media influencer – is comparable to any other possession. Grumpy Cat left a fun and beloved legacy behind, along with a business that had been highly…
Read MoreNational Puppy Day reminds dog owners of the importance of pet insurance
Saturday was an ultra-cute opportunity to look at the difference these animals make in our lives. Saturday was National Puppy Day and across the country, dog owners and dog lovers took the opportunity to appreciate how important these animals are to us and the difference we can make to them, too. Increasingly dogs are seen as furry family members as opposed to being animal possessions. The last couple of decades have marked a strong difference in the way we think of our pets. They are beloved companions, but what they…
Read MorePet health tops human wellness, say half of dog owners
Owners care more about the wellbeing of their companion animals than they do about their own. Pet health has become an astoundingly important issue in the lives of dog owners. In fact, a recent study showed that many dog owners care more about their animal’s wellness than their own. Half of dog owners specifically placed their canine’s health at a higher priority than their own health. The study findings showed that over half of dog owners placed pet health above their own personal health. Moreover, 62 percent of these pet…
Read MoreDog insurance premiums are more affordable in some cities than others
These locations are providing agents, brokers and animal owners a substantial opportunity. A recent study has revealed the parts of the country where dog insurance premiums are the lowest. There, pet owners can purchase coverage for their furry family members in an affordable way. Pet insurance can come with a hefty cost, depending on where the policyholder resides. When a beloved pet is injured or falls ill, vet bills can be in the hundreds or thousands of dollars. This can require animal owners to have to choose between their financial…
Read MoreWells Fargo pet insurance refunds on their way to many policyholders
A new report shows the scandal-plagued bank is reviewing a whole new batch of possible add-on problems. Wells Fargo pet insurance is among the latest add-ons linked with the bank’s rash of scandals. Thousands of the bank’s customers have been paying for insurance coverage they didn’t need or were overpaying for the coverage they did require. The bank is still coping with having mis-sold auto insurance to more than half a million drivers. More recently, the San Francisco-based lender has been looking at financial and insurance add-ons. What they have…
Read MoreJapanese pet insurance market takes off due to high vet costs
Veterinary bills are on the rise in Japan, sending dog and cat owners to buy policies to help cover expenses. Considerable advances in veterinary care have helped dogs and cats to live longer, boosting the Japanese pet insurance market well beyond where it was only a handful of years ago. Longer lives and improved veterinary care has sent the price of pet health care skyward. Since veterinary care now comes with a higher expense, Japanese pet insurance policies have taken off. The reason is that dog and cat owners are…
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