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Pet Insurance: What is it?

By June 16, 2020 No Comments

In 2017, pet owners in the United States spent $70 Billion on pet costs alone.  A large chunk of that $70 Billion came from healthcare, drug and preventative care costs.  In fact, on average a family can expect to spend anywhere from $9,000 to $13,000, or more, per pet on healthcare costs throughout each animal’s life.  All of these numbers are expected to rise yearly.

What’s causing these figures to rise? 

There are several main reasons why these figures are expected to rise.  The first of which being that animals are living longer today than they ever have been in history.  According to, dogs are on average living up to 12 years old, up from an average of 11 years in a 2013 study.  Cats are up to 13 years, as opposed to 12.1 years in 2013.  You can thank advanced vet medical technology as well as a cultural shift in the view of pets in the past few decades from a mere companion, to a full-fledged member of the family (45% of people surveyed claimed they even threw birthday parties for their pets).

Also, despite the “Who saved who?” bumper stickers you’ll see around town, the popularity of purebred dogs is an issue.  How?  There’s something called “Popular sire Syndrome” where purebred males who have desirable characteristics are highly sought after for breeding.  This causes undetected and undesirable genetic traits within the male all the while flooding the gene pool and passing these health issues to future litters.  Meaning more future vet bills to contend with according to

What can we do as pet owners?

Pet health insurance is a great way to circumvent and regulate these health care and preventative costs.  Policies typically range between $30-60 per month depending on the size, age and breed of your pet.  It’s never a good day to find out your best furry friend needs an unexpected and expensive procedure.  Pet health insurance is a great way to not only help in those unexpected moments, but also for routine physicals, checkups and other preventative care.  For more detailed information, please call Insurance Centers at 304-292-9645 and ask for Jon Flenniken.


Jon Flenniken

Account Executive