Average Cost Of Pet Insurance For Dogs

The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for cats in 2014.

Average cost of pet insurance for dogs. The average monthly cost of pet insurance is 47 20 for dogs and 29 54 for cats for pet insurance plans that cover both accidents and illnesses. Accident only policies ran 158 and 132 respectively. Found the average cost of a lifetime pet insurance policy is a fur raising 472 a year for a dog and 285 for a cat. What is the average cost of pet insurance.

Pet insurance costs an average of 20 to 60 a month. Our survey found that the average amount pet owners shell out for dogs aged seven to 10 is 526. This figure is based on the national average but can vary depending on coverage choices and the other unique factors. How much does pet insurance cost.

Pet insurance that covers both accidents illnesses starts from around 23 per month 274 a year for dogs and 10 for cats 117 a year for cheaper policies with just 2 000 of cover. All it takes is one accident or illness to justify the cost of a policy. Average cost of a pet insurance claim the cost of an average pet insurance claim increased to 793 in 2018 from 757 in 2017. There has been a huge increase over the last six year.

As we ve already noted this amount can vary considerably depending on a range of factors. The ovma study estimated pet insurance to cost 933 per year for a puppy and 444 for a kitten. In the united states the average cost of pet insurance is roughly 492 per year or 41 per month. A one year policy on its own is going to be a lot cheaper during the early years of your dog or cat s life but it will start to get more expensive when they get to six or seven years old.

We ll go over these later in this post. This is a marked increase on 2014 when the cost was just 456. The breed of cat or dog you own can make a significant difference to how much it costs to insure it. Comparing the costs of a puppy and a kitten.