Pet Insurance Cost

Read on to discover all you need to know about pet insurance costs.

Pet insurance cost. The cost of pet insurance depends on a number of factors related to the pet you re insuring and the type of cover you want to take out. What is the average cost of pet insurance. Most dogs will cost owners at least 21 000 over their lifetime with cats a cheaper option at around 12 000. 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.

What affects the price of pet insurance. The average pet insurance premium for compare the market customers in may 2020 was 158 a year. Although it did rise for the eight years prior to that. 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.

Thankfully pet insurance got slightly cheaper in 2018 coming in at an average of 279 according to the association of british insurers. Compare insurance policies for up to 5 pets in your home. Yet insurance prices really do vary and are dependent on a whole host of factors. And with the average pet insurance claim hitting 822 according to the association of british insurers we ve put together this guide on how to find cheap pet insurance.

For dogs aged below five expect to pay around 225 a year. Thanks this policy provides a fixed sum to help towards your pet s treatment. Policies with higher vet fee limits renewing limits and better features can cost 2x as much if not more. This usually only covers accidents and not illnesses with some policies having a time limit on.

Pet insurance for a cat younger than five years old costs on average 116 a year. There s no nhs for pets so if tiddles or rover suffers illness or injury it can cost 100s or 1 000s in vets bills leaving pet owners with some horrid choices. Really helpful to find the right pet insurance for my dog.