Tom Meaglia photo

Tom Meaglia, ChFC®, AEP®,

CLU®, CRPC®, MSFS

Chartered Financial Consultant

Investment Advisor Representative

Chartered Retirement Planning Counselor

CA Insurance Lic. #0567507

 

Meaglia Financial Consulting

2105 Foothill Blvd., #B140, La Verne, CA 91750

 

Toll Free: 800-386-3700

Bus:         909-593-6105

Cell:         818-681-8600

Fax:         909-593-6120

 

Email: tom@meagliafinancialconsulting.com

Website: www.meagliafinancialconsulting.com

September/October 2022

Pet Insurance: Growing in Popularity

Pet Insurance Growing in Popularity

Although pet insurance started in Sweden a century ago, the first pet insurance policy in the U.S. was sold in 1982. By 2020, the U.S. pet health insurance sector reported written premiums totaling $1.99 billion.*


U.S. PET OWNERSHIP BY HOUSEHOLD (IN MILLIONS)*

  • DOG: 69.0

  • CAT: 45.3

  • OTHER: 39.7


BASIC ANNUAL VETERINARY EXPENSES*

ROUTINE
  • DOG $242

  • CAT $178


SURGICAL

  • DOG $458

  • CAT $201


PET INSURANCE ANNUAL PREMIUMS**

ACCIDENT ONLY
  • DOG $218

  • CAT $134


ACCIDENT/ILLNESS

  • DOG $594

  • CAT $342


*American Pet Products Association's 2021-2022 National Pet Owners Survey
**North American Pet Insurance Association


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