US EditionRecord £1.23bn paid out in pet insurance claims in 2024, says ABI
- In 2024, pet owners across the UK filed a record £1.23 billion in insurance claims to help cover veterinary costs for animals that were ill or injured.
- This increase follows a rise in pet ownership during the coronavirus lockdowns, with insurance uptake now 33% higher than before 2019.
- Dogs accounted for £933 million of claims, cats £232 million, and other pets £61 million, totaling 1.8 million claims or nearly 4,900 daily claims.
- Jonathan Purvis, senior policy adviser at the ABI, emphasized that unexpected veterinary expenses cannot be easily managed without insurance, underlining the value of having financial protection for pets.
- The payout rise marks the third consecutive year ABI members exceeded £1 billion, helping households manage costly treatments such as elbow dysplasia costing over £50,000.
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Most expensive pet to insure revealed after claims hit record £1,200,000,000
Dogs led the pack, making up £933 million in claims, followed by cats at £232 million, and £61 million for other pets (Picture: Getty Images) Pet owners claimed a record £1.23 billion from insurance firms to help cover vets’ bills for sick and injured animals last year. Dogs led the pack, making up £933 million in claims, followed by cats at £232 million, and £61 million for other pets. The 2024 total figure was 4% higher than the previous 12 mo…
Record 123bn paid out in pet insurance claims in 2024 says ABI - Banbury FM
A record £1.23 billion was paid out in pet insurance claims in 2024, helping households cover the cost of veterinary treatment for unwell and injured animals, the Association of British Insurers (ABI) has said. Dogs led the pack, making up £933 million in claims, followed by cats at £232 million, and £61 million for other pets. The total for 2024 was 4% higher than 2023 and marks the third year in a row that total payouts by ABI members have sur…
Record £1.23bn paid out in pet insurance claims in 2024, says ABI - Rother Radio
A record £1.23 billion was paid out in pet insurance claims in 2024, helping households cover the cost of veterinary treatment for unwell and injured animals, the Association of British Insurers (ABI) has said. Dogs led the pack, making up £933 million in claims, followed by cats at £232 million, and £61 million for other pets. The total for 2024 was 4% higher than 2023 and marks the third year in a row that total payouts by ABI members have sur…
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