Pet health insurance companies don’t pick their pet premiums out of a hat. While each company is different, there are some common ways that all pet care companies determine their premium rates.
General Statistics: Insurance companies keep a close watch on the pet trends around the country. From these numbers, they determine how much of a risk factor each discovery actually carries.
Location, Location: Where you live can be a big factor in how much you pay for pet insurance. City dwellers can find themselves paying up to three times as much as their country counterparts on most policies. Some companies calculate their premiums based on zip code while others use city and state as their guideline.
Older, Wiser, and More Expensive: Most pet insurance companies add a few extra dollars to the policies of cats and dogs over the age of eight. Puppies and kittens also tend to carry high premiums, as they tend to be more accident prone.
Genetic History: Certain breeds can be more expensive for insurance companies, which leads to higher premiums for pet owners. For example, Chihuahuas carry five times the risk of congenital portosystemic shunt than mixed breeds.
Cat vs. Dog: The war rages on! In this case, cats win, as they are cheaper to ensure than the average Fido. This is because cats have fewer unexpected illnesses and accidental injuries than dogs.
Spayed vs. Neutered: Neutered dogs carry a lower risk of prostate cancer and no risk of testicular cancer. Spayed females are much less likely to get mammary cancer and have no chance of getting a uterine infection.
Tags: pet insurance companies
This is my first time I have visited here. I found a lot of interesting stuff in your blog. From the tons of comments on your articles, I guess I am not the only one! keep up the good work.
I stumbled onto your blog and read a few post. I like your style of writing.
Great! I’ve been looking for some useful info on this subject, and thanks to your Pet Health Insurance Companies Premiums | Best Pet Insurance Review page I can truly fathom what it’s actually about! It’s one of those subjects where everyones an expert, but no one really knows what they’re talking about.