The average monthly cost of pet insurance is $49 for dogs and $29 for cats for plans that cover both accident and illness, according to the American Pet Health Insurance Association.
The average monthly cost of a pet insurance plan ranges from $23 to $90 for dogs and $9 to $37 for cats, according to an analysis of quotes from the largest pet insurance companies.
average cost of pet insurance
The amount you pay for pet insurance can range from $9 to nearly $90. Most pet owners can expect to pay $20 to $50 per month for an accident and sickness plan with decent coverage.
The average cost of pet insurance is higher for dogs: 69% more expensive than cats for accident and sickness policies. older animals and larger animals also have higher insurance rates, as these pets tend to have the most health problems.
The average cost of pet insurance for dogs has been rising, while the cost for cats has fluctuated. rates have decreased as much as 14% and increased as much as 26% in the last five years, depending on the type of policy. the cost of dog accident and sickness policies, however, fell 3% last year.
five-year increase in average pet insurance rates
average cost of dog insurance
even for the same pet, location and insurance plan, quotes varied by more than $65 between companies. if you live somewhere with high veterinary costs or have a dog prone to injury, you can expect your monthly fee to be closer to $90 than $25.
similarly, you’ll pay higher rates if you want more coverage, lower your deductible, or increase your reimbursement amount.
Full coverage insurance includes comprehensive and collision coverage, which pays for repairs to your own car after an accident, regardless of fault.
cost of pet insurance by dog breed
costs for monthly pet insurance plans also vary depending on the breed of your dog. Mixed or mixed-breed dogs tend to get slightly cheaper pet insurance costs than purebred dogs because they tend to be less prone to serious genetic conditions.
average cost of cat insurance
Cats get cheaper pet insurance rates than dogs, but the cost of insuring a cat varies for both cats and dogs. For a four-year-old medium-risk cat, you can expect to pay $9 to $16 per month for pet insurance with one of the more affordable companies. for more health care coverage or a more disease-prone breed of cat, you’ll likely pay about $25-$30 a month for cat insurance.
cost of cat insurance by breed
As with dogs, the cost of insuring a cat varies by breed. mixed breeds, such as the more common domestic shorthairs or longhairs, tend to have even cheaper pet insurance quotes.
average cost of medical treatments for pets
If you’re trying to decide if pet insurance is worth it, consider the cost of vet bills without insurance. minor treatment, for example, for an ear infection or upset stomach, will often cost less than a year’s insurance, but multiple conditions or something more serious will usually cost more than a comprehensive policy.
The most common problems, such as treating parvovirus in puppies, can be expensive, with the average claim exceeding $1,100. and serious conditions, such as cancer, are rarer, but diagnosis and treatment are also much more expensive: chemotherapy alone can cost thousands of dollars.
cost of common canine health problems
In most cases, paying out-of-pocket for treatment of the most common dog and cat medical conditions is less expensive than the annual cost of insurance.
In these cases, pet insurance will help reduce the financial costs of an expensive procedure. it can also help you choose the right treatment for your pet without worrying about how you’ll pay the emergency vet bill, treatment, or ongoing care.
cost of common cat health problems
methodology and sources
We collected quotes from 11 major pet insurance companies for a male dog and a female cat, both four years old. we set coverage limits at typical coverage levels.
fees for different breeds are from aspca pet insurance.
Procedure prices are from metlife internal claims data. national data was compiled from the annual report of the american pet health insurance association.
sources american pet health insurance association pet industry report
