Insurance companies in the US are changing their cats insurance policies for 2022-23
It’s not a secret that cats are the most popular pet in the US and around the world. According to the statistics, there are over 74 million cats living in American homes, while dogs count only 60 million of them. Cats and their kittens are so popular among people because they don’t require as much attention as dogs but still bring love, joy, company and entertainment into people’s lives.
American Family
If you have a cat, it's important to know that they're not covered by most animal insurers. American Family is one of the few carriers that do cover cats, but only under certain plans. To get coverage for your cat, you'll need to opt into a plan that includes perils such as injury from another cat or dog bites.
Nationwide
The Nationwide Insurance Company first introduced a policy that would cover up to $500 of vet bills after an accident, however it seems as if this amount has now been increased to $1000. This is great for those who have more than one cat or live in a neighborhood with lots of stray cats.
State Farm
Cats were not considered part of a standard home insurance policy until recently, when pet owners began to inquire about coverage. With the increase of homes with pets, it only made sense that homeowners would want to insure their furry friends.
However, just like with people and cars, there is no such thing as a one size fits all plan for pets. If you are looking for coverage on your cat make sure you know what is and is not covered before signing up with your insurance provider.
The Hartford
We've seen some changes in our clients' needs over time, says Dana Anderson, The Hartford's vice president of pet care. Many people now prefer to work with dogs instead of cats, and our clients have expressed interest in more customized coverage.
The company offers a variety of plans that cover illnesses and injuries along with unexpected veterinary emergencies.
Travelers
The Travelers Group has recently announced that they will no longer offer an insurance policy specifically designed for pet cats. The company has offered this type of coverage since 1948, but has decided to discontinue it due to a lack of demand. The company doesn't feel that there's enough demand from pet owners and vets to justify continuing this type of coverage.
Best five pets insurance companies in USA
1) Spot
2)Lemonade
3)Trupanion
4)figo
5) Embrace
Top best pet's insurance companies
1)Spot
There have been significant changes in cat insurance packages in the past few years, but this one is sure to be a winner of the insurance market in 2022-23. Ever since they started to offer pet health insurance packages, they have become as popular as human health insurance plans. The terms and conditions of such policies vary from company to company, but there are certain similarities that are constant throughout all such packages. This means that the best way to get an idea about the type of policy you should opt for your cat is to compare various insurance plans available on the market and then zero in on the one that suits you best!
2)Lemonade
The pet industry in the United States of America is expected to reach $70 billion by 2022, compared to $60 billion in 2015, thus making the industry one of the largest markets in the world. This trend of rapid growth and expansion can be observed in both traditional and online pet markets across the country. In the US, pets have become inseparable parts of families—they are pampered with toys, food, accessories and even their own insurance packages for overseas trips—and it seems that this trend will continue in 2022–23.
3)Trupanion
In the year 2022-23, Trupanion insurance companies will offer pet insurance in the USA. The package will cover different types of pets, like cats and dogs. This move by Trupanion is expected to make USA one of the biggest pet insurance markets in the world. The main reason behind this growth is an increase in the number of pet owners in the country. According to sources, there are currently almost 65 million pets in USA which is an increase of almost 4 million from 2017.
4) figo
If you love pets, then you must ensure that they are taken care of in the best possible manner. There are numerous insurance companies which offer pet insurance coverage in the USA, but it can be hard to find the best deal. Figo is one of the most reliable pet insurance companies in the world, and when it comes to pet insurance, it has some of the best deals and plans out there, with plenty of discounts and benefits which make it even more worthwhile than other pet health insurance providers.
5) Embrace
You love your pets, and they are an important part of your family. Don’t you want to make sure they are protected when something unexpected happens? But with all the costs involved, it can seem like an impossible task to take care of your furry friend’s health care needs. Fortunately, thanks to new pet insurance packages from companies in USA, it’s easier than ever to keep your companion protected and healthy no matter what comes up! Get the facts today about pet insurance in USA!
