Pet insurance is on the rise in North America, but there is still plenty of room for growth.
If a pet insurance discussion isn’t part of your exam routine, it should be. Not only does pet insurance make costly treatments more manageable for clients, but dog owners with pet health insurance spend 29% more annually for veterinary care, and cat owners spend 81% more.
AAHAs Board of Directors has decided to phase out of the Seal of Acceptance program for high-deductible pet insurance policies beginning July 1, 2011.
If Assembly Bill 2056 continues its smooth progress through California's government, the pet insurance industry could soon become regulated in that state. The bill was recently approved in the state assembly with a 78-0 vote.
Pet insurance has grown significantly since the industry emerged in the 1980s. The number of insurers has increased, as has the diversity of policies. While some hesitancy still remains within the veterinary community, attitudes have for the most part shifted in favor of pet insurance and some practitioners fully embrace it.
ASPCA Enters Competitive Pet Insurance Market
While Max and Bella once again top the list of most popular pet names, according to a Nationwide pet insurance report, there are some owners out there determined to stand out from a crowd.
Every veterinary team has been there: A patient needs life-saving care, but the owner is unable to pay for it. What’s a veterinary professional to do?
And they’re willing to go into debt to do it. That’s according to a new survey by online financial group LendEDU that asked 1,000 US pet owners how much they spend on their pets and how it impacts their personal finances.
With the winter holiday season right around the corner, Pets Best Insurance Services, LLC, has released its annual list of the most bizarre pet insurance claims submitted during the holiday season.