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Don’t Play the Pricey Pet Insurance Game

August 1, 2024

From Playing to #Lose to Always #Winning

Emergency vet expenses can break the bank, but pet insurance can be just as pricey. The average cost for unexpected veterinary care ranges from $800 to $1500, with some procedures costing several thousands. Meanwhile, pet insurance costs an average of $49 per month for a single dog and $29 per month for a single cat.
Monthly premiums for pet insurance also vary by breed, age, and preexisting conditions. Because of this, what you can expect to pay for pet insurance can range from as low as $9 to nearly $90.2 That’s nothing to wag your tail at!


Of course, you’d do anything for your pet…but that doesn’t mean taking care of them has to cost an arm and a paw.

Infographic of board game representing the unexpected costs of pets like cats and dogs

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1. Sources: RecordOnline, SuperMoney, Insurance Information Institute, CNBC, Market Watch, Federal Reserve, Pew Research Center, Finder.com, Rock the Wall Street, Forbes, Modern Healthcare, Policygenius, SuperMoney, Home Guide, Bank Rate, USA Today, BusinessInsider, The Balance, Schwab Modern Wealth Survey, Simulated Open Enrollment Research Study. Savings based on sample values. Does not assume usage of all benefits by all members. Full source information available at HomeAndAuto.com. 2. FIMC benefits and services are administered by, or provided through, Home Benefits, LLC., and The American Traveler Motor Club, LLC. (in Alabama, benefits and services are administered through ATMC-Alabama, Inc.), subsidiaries of FIMC Partners, LP. 3. *Coverages are subject to terms, conditions and exclusions. Some state exclusions apply. Emergency medical services must be received within 48 hrs of the home or auto related accident. Full benefit information and limitations available at HomeAndAuto.com. 4. Underwritten by: American Bankers Insurance Company of Florida. In TX, certain underwriters at Lloyds of London. 5. Underwritten by certain underwriters at Lloyds of London. 6. Underwritten by: American Bankers Insurance Company of Florida.