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According to the North American Pet Health Insurance Association (NAPHIA), here are the average annual premiums for pet insurance in the United States: Dogs Comprehensive Plan: $675.61 ($56.30/month)
ASPCA Pet Health Insurance. Pricing: From $25/month depending on plan configuration Reimbursement rates: 70% - 90% Deductibles: $100 - $500 Annual limits: $2,500 - $10,000 ASPCA Pet Health ...
In July 2006, the company began selling its first policies, [4] and started selling policies online later that year. The company formed partnerships with animal shelters, veterinarians, and health insurance providers to help sell 120,000 policies by 2014. [5] The company launched fetch!, a glossy quarterly pet health magazine, in November 2008. [6]
Average pet insurance costs range from $17 to $101 for dogs and $10 to $62 for cats. Monthly pet insurance premiums depend on factors like your pet’s age, breed, coverage type and location.
Pet insurance is a form of property insurance rather than health insurance. [citation needed] Insurance companies may limit coverage for pre-existing conditions, giving owners an incentive to insure even very young animals, which are not expected to incur high veterinary costs. [7]
It is the main governing body of the growing pet insurance industry. The North American revenues of pet insurance reached $354 million in 2009, up 14% from $310 million in 2008, as the market continues to chart what is forecast to be double-digit annual increases through the next five years. [2]
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