Pet Insurance For Cats Cost
However just like health insurance for humans several factors influence the total cost of cat insurance.
Pet insurance for cats cost. Learn more about covered for life insurance. Only about 4 percent of the market is made up of accident only and wellness coverage. 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. Cost of cat insurance.
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. If your pet is fortunate enough to avoid any big issues the cost of insurance could outweigh the savings. Pet insurance plans vary in cost according to your pet s breed your pet s age and the level of insurance coverage you select. How much does pet insurance for cats cost.
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. 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. Pet insurance for a cat younger than five years old costs on average 116 a year. 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.
Often plans with a low monthly premium have a higher. 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. 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. The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for.
For dogs aged below five expect to pay around 225 a year. 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. And these numbers don t include the annual price of pet insurance premiums. Many factors go into your choice of which cat insurance policy works best for you and your pet.
One of the biggest things to consider is cost.