It is National Pet Health Insurance Month in the United States and in order to recognize it and bring awareness to it, Pets Best Insurance is holding a “Freaky Friday” contest which will honor the pet emergency or pet accident stories that are the “freakiest”. Pets Best Insurance was founded by Dr. Jack Stephens, an expert in the industry and the founder of American pet health insurance. A winner will be selected for every week throughout the month and will receives a gift certificate worth $50 of product from the…
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Does your car insurance cover injuries to your pet?
In 2007, Progressive became the first insurance company to offer consumers a supplemental auto insurance plan that would provide some coverage in the case of an injury occurring as a result of an auto collision. They provided their customers with liability claims as high as $1,000 for bodily injuries experienced by pets that were involved in a car crash while travelling with their owners. That said, as of February 2011, the bar was raised when Chubb Group of Insurance Companies started to offer up to $2000 in coverage for animals…
Read MorePet insurance sales increasing as more and more are faced with steep vet bills
Pet insurance is on the rise as pet owners start to see the increasing cost of veterinary treatments and do not want to be placed in the position where they must decide between their beloved fuzzy family member and the price tag connected with its treatment. However, just because more people are buying pet insurance, it doesn’t mean that they all understand what is involved in this type of policy. Though many might think that this is just some sort of new way for insurance companies to make a quick…
Read MoreAustralian grocery chain,Woolworths, adds life and pet insurance to their offerings
The Woolworths supermarket giant has just announced its intention to offer a number of new insurance products, which will include life insurance and coverage for pets. George Hughes, the head of insurance at Woolworths, said that the company has had intentions to extend its financial services branch, and that it is now doing so with its new addition of the various insurance products. Hughes released a statement to complement the Woolworths announcement, that said that “We intend to have a long-term presence in the insurance sector, with the ability to…
Read MoreVeterinary plastic surgery skyrockets
Recently released data from the largest pet insurance provider in the United Kingdom, Petplan, has shown that last year there were almost $2.5 million (1.5 million pounds) in claims made for dog and cat nose surgery. This represents an increase in 25 percent in this type of claims over the previous three years. Furthermore, that same insurer also paid more than $1.5 million for young dog eye lifts, and over $400,000 for household pet dental work. According to Petplan, the increase in veterinary plastic surgery makes it possible for pets…
Read MoreKnow your breed’s need before buying pet insurance
Pet insurance has been moving ahead by leaps and bounds and is increasingly being recommended in order to help to make it possible for pet owners to provide superior care for their companions, where that care would otherwise be too expensive to afford. Pet health insurance can cover everything from costly surgeries and medical treatments to prescription drugs. As the number of providers of pet insurance grows, it is also becoming more affordable, as competition is starting to play an important role in pricing. The primary decision that most pet…
Read MoreAnimal liability takes a bite out of the insurance industry
Almost one thousand Americans are treated in emergency rooms every day as a result of dog bites. Estimates show that in 2009 insurance companies paid out a total of 412 million dollars in claims for dog bites. In a survey recently conducted by State Farm, they reveal the states with the highest amount of claims for dog bites. Topping the list was California. According to the State Farm survey, California rated the highest in dog bite claims filed. Last year, California had 369 claims filed on insurance because of dog…
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