Average Pet Insurance Cost Uk

Our survey found that the average amount pet owners shell out for dogs aged seven to 10 is 526. Yet insurance prices really do vary and are dependent on a whole host of factors. It is worth noting that although this is the average for the industry the average for bought by many or other insurers may differ.

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This is a marked increase on 2014 when the cost was just 456.

Average pet insurance cost uk. The breed of cat or dog you own can make a significant difference to how much it costs to insure it. Where you live affects the premium you will pay to insure your pet. This is because location affects the costs vets face like wages and rent to pay. According to their last published records consumer intelligence data revealed that the average annual premium for pet insurance costs between may 2017 and may 2018 was 287 equating to just over 23 90 per month.

In 2013 the average claim was 300. Average pet insurance cost uk according to the abi the average pet insurance premium in the uk is 279 but you can pay a lot more or less than this depending on the type of cover you buy the age and breed of your pet etc. Where you live what kind of pet you own their age breed and the level of cover you need all have an impact on the cost of pet insurance because each and every pet is unique there s no one size fits all price to insure your pet so it s important to find out which policy is right for you and your new best friend. 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.

Thankfully pet insurance got slightly cheaper in 2018 coming in at an average of 279 according to the association of british insurers. Although it did rise for the eight years prior to that. The monthly premium can range from as low as 10 to higher than 100 though most pet owners can expect to pay between 30 and 50 per month for a plan with decent coverage. Claim payments in the united kingdom uk 2012 2019 average pet insurance claim in the united kingdom uk 2014 2018.

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. For example the average annual premium to insure a dog in greater london is 586 compared to 420 in the west midlands and 385 in the north east data collected by stickee june 2020. Average pet insurance costs how much you pay for pet insurance varies widely. How much does pet insurance cost.

The cost of an average pet insurance claim increased to 793 in 2018 from 757 in 2017. Average annual costs of cat insurance in the uk 2017 by policy type pet insurance. There has been a huge increase over the last six year.