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Choosing a good pet insurance plan can be intimidating at best. With many companies now selling pet insurance in the United States, there is a variety of plans from which to choose that will fit your pet's individual health needs, as well as the owner's budget.
Currently, only one percent of the U.S. pet population - just under 3 million animals - was insured. However, industry trends indicate that pet health insurance policies are growing in popularity in the U.S., with an anticipated increase of up to 10 percent in the next five years.
The first official pet healthcare policy was sold in Britain in 1947. Britain trails only Sweden in the number of pet owners who provide insurance for their pets. Dogs are the most-insured pet, followed by cats and small exotic animals. While it is sold under the name "healthcare insurance," pet health insurance is actually under the insurance umbrella for property. According to insurance laws, pets are seen as property, so the insurance policy which covers them is similar to that for any other property owned by an individual.
Finding a pet insurance plan that works for both the owner and the pet is easy to do with a little research. And signing up for a plan takes less than 5 minutes. To make things easier, TopConsumerReviews.com has reviewed and ranked the best pet insurance plans that are available today.
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