Pet Insurance
Accidents can happen to anyone, anytime, any where.
Advances in Veterinary Science, increases in the cost of living, and the cost of goods and services has seen an increase in veterinary care bills. With 24 hour referral hospitals anecdotally averaging $15,000 per pet for specialised care, it is no surprise that pet owners can struggle from time to time to afford treatment for their beloved pet.
Pet insurance is the best way to protect yourself against large, unexpected medical bills.
The last thing you need, on top of all the other stressors when you have a sick pet, is financial stress!
Knowing the rough cost of veterinary care will help you make the decision whether Pet Insurance is right for your family. Did you know;
- In severe cases, a snake bite can cost $10,000 or more
- 1 in 3 dogs will rupture one or both cruciate ligaments in their lifetime, costing between $4000-8000 per leg to repair (and there is a 50% chance of the second ligament rupture occurring within 12 months of the first!)
- Allergies (skin and ear) are becoming increasingly common (number 1 most commonly claimed for in 2023 and common in all of the top 10 most popular dog breeds), and can cost pet owners up to $17,000 a year to treat*. Then multiply that over the lifetime of the pet!
- The most commonly claimed condition in cats is gastrointestinal disease costing up to $13,000 a year. Followed by dental disease (up to $5000 per year) and urinary tract disease (up to $19,000 a year)*
*data from the Petsure Health Monitor Report 2023
Until 2015, there were only two underwriters of insurance policies. In the last few years, new companies have joined the sector and provided much needed competition and a broader range of cover options for today's pet owners.
We have also seen improvement in the breadth of coverage for many policies including;
- Coverage for the treatment of vaccinated diseases (previously excluded)
- After hours emergency care coverage (where previously coverage was excluded to business hours only for some policies)