The Raising Pet Insurance Trends For 2022
Pet insurance is one of the fastest-growing industries in America, and it’s pretty easy to see why. Animals are unique, and while many of us may feel that our pets are family members, the reality is that most owners are beloved children, and just like children, they need to be taken care of. Pet insurance makes it possible for owners to do just that. Unfortunately, pet insurance also has its own set of challenges, and at Animalia, we know those challenges too well.
According to the American Pet Products Association, American households spent about $73.5 billion on their pets in 2020. With such a high dollar amount at stake, pet owners spend big bucks on food, supplies, grooming, and veterinarian visits. However, not all pet owners have pet health insurance, and those that do aren’t necessarily aware of the types of coverage that can help them pay the costs of essential veterinary services.
