Americans increasingly saving money with pet insurance

It seems like more and more Americans are seeing the light with pet insurance, saving themselves plenty of money on life-threatening injuries to their furry friends much like fellow customers in the UK using specialists like http://www.castlecover.co.uk/ to protect family pets.

USA Today looked into recent trends regarding the policies taken out by individuals up and down the nation, discovering that regular check-ups and surgeries for most dog or cat owners came in at around $650 (£400) in vet bills last year, according to a very recent survey by the American Pet Products Association.

The news provider also found that the number of pet insurance providers had grown by a whopping ten times since the end of the last decade, mainly because people want to save money in any way they can. Until 1997, there was only one pet insurance provider in all of the US: Veterinary Pet Insurance.

Jeanne Salvatore, spokeswoman for the Insurance Information Institute, told the publication? “It’s definitely a niche insurance product, and we’re seeing a general rise in these specialty insurance products. The one thing you need to do with all specialty insurance is look at how much it costs and what you would get back.”