Pet Insurance Average Cost Uk

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.

Pet insurance average cost uk. This is because location affects the costs vets face like wages and rent to pay. After obtaining quotes from 11 of the largest pet insurance companies we found the monthly cost of the average pet insurance plan ranges from about 25 to 70 for dogs and 10 to 40 for cats. How much does pet insurance cost. This is a marked increase on 2014 when the cost was just 456.

More restrictive policies such as accident only will only cover accidents not illnesses which according to our statistics are less likely to be claimed for. Where you live affects the premium you will pay to insure your pet. 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. Yet insurance prices really do vary and are dependent on a whole host of factors.

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. The breed of cat or dog you own can make a significant difference to how much it costs to insure it. Looking at the 5 cheapest dog insurances in the uk the average annual cost of the lowest coverage pet insurance for dogs and cats in the uk in 2020 shows that insurance for dogs is 149 more each year than it is for cats. Thankfully pet insurance got slightly cheaper in 2018 coming in at an average of 279 according to the association of british insurers.

It might be tempting to go with a cheap pet insurance plan but sometimes these will only cover accidents not illnesses so just make sure to check what is covered in the policy. In 2013 the average claim was 300. 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. Our survey found that the average amount pet owners shell out for dogs aged seven to 10 is 526.

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. Although it did rise for the eight years prior to that. Why cheap pet insurance isn t always worth it. It is worth noting that although this is the average for the industry the average for bought by many or other insurers may differ.

The cost of an average pet insurance claim increased to 793 in 2018 from 757 in 2017.