Pet lovers would surely understand that regardless of the breed and size of our fur friends, they are still susceptible to developing a disease or illness that is why pet insurance is available. However, not all of us are not that knowledgeable about the complex nature of pet insurances.
Pet insurances have gained a lot of ground in the past years since more and more people are getting more aware about the importance of it, that is why it is essential to learn some important information about this.
Did you know that the average monthly cost of pet insurance in Sweden ranges from 500 Swedish Krona (SEK) for both dogs and cats all the way to SEK 1,000? Yes, you heard it right, and these insurances both covers accidents and illnesses for both pet cats and dogs.
Majority of the pet insurance companies that offer this kind of service have an average pet insurance plan from SEK 500 and above for dogs while SEK 100 to SEK 1,000 for cats. For obvious reasons, the dogs are a bit more expensive compared to the monthly cost for cats because of the size of the dogs, and our canine fur friends are also the ones that easily get sick compared to cats.
In this article from Djurförsäkringar, let us talk about the comparison between the average pet insurance costs for cats and dogs so that you can determine not just the costs but also to provide you an ideal budget to give that much-needed extra loving care for your fur friend.
HOW MUCH SHOULD YOU PAY FOR PET INSURANCE?
Well, it varies widely because the monthly premium can range from ten dollars up to a hundred dollars a month, although that a lot of pet owners choose the mid-range cost of SEK 200 to SEK 500 a month just to have decent insurance coverage.
What varies most is the age of your pet, its species, and its breed, and also the location of your residence. This includes also the coverage package that you have availed and will be summed up to the total insurance rate that you have to pay monthly.
Just like what is mentioned above, the average cost of pet insurance for dogs is higher, that ranges from 60-percent or even more expensive compared to cats, and these are all applied whether for illness or for accident policies.
Also, you should know that the older, and the larger the pet I, the larger insurance rates will be applied by pet insurance companies, considering that it has been proven medically that large dogs and cats are more susceptible to health issues and ailments.
AVERAGE COST FOR DOGS
According to Sweden’s top pet insurers, the average monthly premium for a pet dog is worth SEK 400, based on the obtained rates for a sample dog profile in a pet insurance company that offers a free quote generator.
AVERAGE COST FOR CATS
Cats, meanwhile, has an average monthly premium ranging from SEK 98 up to SEK 200 depending on the age of the cat and its size according to a sample quote from a free quote generator of one of Sweden’s pet insurance company.