Pet Insurance Monthly Cost

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.

Pet insurance monthly cost. We added this number to the estimated cost of getting started with a dog to find the minimum cost of caring for a dog over their lives rounded to the nearest 100. Some pet insurance companies charge more if you want to spread the cost of cover over monthly instalments. Accident only policies ran 158 and 132 respectively. It can therefore work out cheaper to pay for your policy upfront.

The cost of pet insurance will be determined by the policy type but will also vary depending on the type of and breed of your pet its age and any existing medical conditions. 51 of customers paid on average 116 40 for a cat aged under five and 225 12 for a dog aged under five. We multiplied the monthly cost by 12 to get an annual 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.

Based on our research of two dozen uk pet insurance companies we found that the cost of dog insurance for a young mixed breed dog starts from around 20 per month for time limited and max benefit policies and closer to 28 a month 332 a year for lifetime cover. Owning a cat owning a dog. We multiplied the annual cost by the average life expectancy for small medium and large dog breeds. Pet insurance for a dog typically costs and between 22 and 28 per month depending on age and breed.

Compare pet insurance quotes. What should be. 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. Pet insurance for a cat typically costs between 15 and 18 per month depending on the age.

Insurers often offer a discount of between 5 and 10 if you insure more than one pet. 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. That s over 5million paid every week to help petplan pets get the veterinary treatment they need we can pay your vet directly so you can concentrate on getting your pet back to the best of health. The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for cats in 2014.