Pet Insurance For Cats Cost
Pet insurance for a cat younger than five years old costs on average 116 a year.
Pet insurance for cats cost. For dogs aged below five expect to pay around 225 a year. How much does pet insurance for cats cost. Covers your cat for illness or injury year after year so you can continue to claim for a condition as long as your cat needs treatment provided you renew your policy without a break in cover we ll cover up to 4 000 12 000 in vet fees annually depending on which level of cover you choose. Pet insurance plans vary in cost according to your pet s breed your pet s age and the level of insurance coverage you select.
However just like health insurance for humans several factors influence the total cost of cat insurance. 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. One of the biggest things to consider is cost. Only about 4 percent of the market is made up of accident only and wellness coverage.
Learn more about covered for life insurance. You will want to determine what you can afford to pay in a monthly premium as well as how well you might be able to manage the deductible should your pet get sick. Often plans with a low monthly premium have a higher. The price range for pet insurance can fluctuate anywhere from 20 to 100 with an average between 40 and 70.
Comprehensive insurance will generally cost you a few hundred dollars per year with average monthly costs of around 25 for cats and 45 for dogs. 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. If your pet is fortunate enough to avoid any big issues the cost of insurance could outweigh the savings. The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for.
And these numbers don t include the annual price of pet insurance premiums. With an average cost of 22 a month for dogs and 16 a month for cats insuring your pet could mean your total costs hit 588 for a dog or 456 for a cat. 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. The association of british insurers says the average cost of treating a cat with diabetes in 2016 was 1 060 and the average cost of treating a tumour for a cat was 687.
According to the abi the costs of the average pet insurance claim topped 750 for the first time in 2016 and that insurers paid out a record 706m.