The cost of insurance
The cost of pet insurancewillvary betweeninsurers andcandependona range of factors. These can include(butarenot limited to):the type of policy;age of your pet;your pet’s health;claimsor treatmenthistory;where you live;purchase price;the breed of your pet;andif it is male or female.Claims costs and the amount vets charge for treatment can also impact premiums.In general,towns and cities vets’ charges can be higher than in rural areas and premiums reflect this. Claims costs have risen in recent years due to the advancement, complexity and increased number of treatments available to owners with pet insurance.
Age
Age can be a significant factor in the price of a pet insurance policy. Aspets get older the premiumwill likelyincrease because, like humans, there is more risk they will be ill. Most insurance providers will not offer insurance to pets less than eight weeks old. Asyourpet gets older, pet insurance may be more difficult to find as some companies will not offer new insurance above a certain age. If you take out insurance when your pet is young the insurance policy can usually continue with the same provider as your pet gets older.It isreally important thatyoubudget for premiums to increase as the pet gets olderand the risk increases.
Breeds
The insurance for pedigreeor more exotic pets, such asreptiles,can be more expensive. This is based on claims experience, with crossbreeds usually less likely to suffer from the inherited medical conditions that individual pedigree breeds can experience. For dogs, the breed will also affect the size of the pet, which may have an impact on cost of vet fees.
