“There’s undoubtedly an uptick within the number of insured pets out there,” stated Chris Middleton, president of Pets Best, an insurer in Boise, Idaho. He said that since 2013, the 11-12 months-old firm has seen a 60 percent increase within the variety of employers in search of pet insurance for his or her employees. But except owners have faced excessive vet bills in the past (as Mr. Middleton has along with his “rock-eating hound,” he mentioned), many are deterred by the monthly premiums. Only a small fraction of pet homeowners within the United States carry pet insurance. An estimated 1 to 2 percent of the nation’s practically ninety million pet dogs and greater than ninety four million pet cats are insured, business statistics show. As the sophistication of veterinary medication grows, so do pet house owners’ issues about whether or not they can afford to pay for care.
Some policies …