Pet Insurance For Cats Cost

Prior medical history or chronic conditions.

Pet insurance for cats cost. Pet insurance for a cat younger than five years old costs on average 116 a year. Regular costs can vary depending on the size of your pet and level of pet insurance cover you buy. Many factors go into your choice of which cat insurance policy works best for you and your pet. Often plans with a low monthly premium have a higher.

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. 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. 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. 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.

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. Contrary to popular belief these items do not directly impact premium. 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. Only about 4 percent of the market is made up of accident only and wellness coverage.

Most dogs will cost owners at least 21 000 over their lifetime with cats a cheaper option at around 12 000. The price range for pet insurance can fluctuate anywhere from 20 to 100 with an average between 40 and 70. What doesn t affect the cost of pet insurance premiums. However just like health insurance for humans several factors influence the total cost of cat insurance.

The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for. Pet insurance plans vary in cost according to your pet s breed your pet s age and the level of insurance coverage you select. Insurers may charge you more to spread the cost of your pet insurance in monthly payments so it can often work out cheaper to pay for a policy upfront for the year. 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.

One of the biggest things to consider is cost. How much does pet insurance for cats cost. Cost of cat insurance.