By Elana Ashanti Jefferson | April 02, 2021 at 10:00 AM | The original version of this story was published on PropertyCasualty360
No. 10: Toto
Price: Very good
Benefits: Good
Forbes rating: 3 starts
No. 9: Nationwide
Price: Excellent
Benefits: Good
Forbes rating: 3 stars
No. 8: Lemonade
Price: Excellent
Benefits: good
Forbes rating: 3 stars
No. 7: Figo
Price: Excellent
Benefits: Good
Forbes rating: 3 stars
No. 6: Trusted Pals
Price: Excellent
Benefits: Very good
Forbes rating: 4 stars
No. 5: Spot
Price: Very good
Benefits: Excellent
Forbes rating: 4 stars
No. 4: Prudent Pet
Price: Good
Benefits: Very good
Forbes rating: 4 stars
No. 3: Embrace
Price: Excellent
Benefits: Very good
Forbes rating: 4 stars
No. 2: ASPCA
Price: Very good
Benefits: Very good
Forbes rating: 4 stars
No. 1: Pets Best
Price: Excellent
Benefits: Excellent
Forbes rating: 5 stars
It’s ironic that so many people think of their pets as family because
far fewer of us provide our “fur-babies” with insurance the way we would for a
dependent family.
Roughly 85 million families in the U.S. own at least one pet,
according to the 2019-2020 National Pet Owners Survey conducted
by the American Pet Products Association (APPA). But as of late 2018, fewer
than 3 million pets were insured.
Demand for pet insurance may be on
the rise, however, given the uptick in pet ownership that took place during
2020′s COVID-19 stay-at-home orders. CNN reported that about one in three
people in the U.S. considered getting a pet during the pandemic.
Why should a pet owner carry insurance on their animal? Because
emergency pet care can climb as high as $8,000 for a single treatment, William Hodges, DVM, writes in a blog post for
Pawlicy.com.
For people who are ready to make a pet-care plan that includes
insurance, or pet parents who are in the mood to shop around for the best
coverage option, Forbes Advisor recently ranked pet insurance plans based
on how much medical expenses each policy covers, pet-care reimbursement
options, and deductibles. The slideshow above illustrates the top 10
pet insurance carriers in 2021, according to Forbes.
No comments:
Post a Comment