Americans spend about $25.81 billion dollars on pets' medical expenses. Yet, only 3% of dogs and 1% of cats in America are insured. Pet insurance could cover up to 90% of most vet bills.
Past News ReleasesRSS
New York, NY (PRWEB) April 23, 2012
About 62% of U.S. households own a pet, which equals to 72.9 million pet owning homes with about 377.4 million pets. When pets need medical care, veterinary bills can easily skyrocket with many people struggling to foot the bill. PetInsuranceComparison.net's new infographic “The Top Ten Most Expensive Pets” [http://www.petinsurancecomparison.net/top-10-most-expensive-pets/ reveals which pets are high maintenance and rack up the highest vet bills within the course of a year.
Most pets have to take trips to the vet at some point in their lives, but some particular breeds are more prone to ailments and diseases than others and need more expensive or frequent medical treatments.
While Rottweilers make intelligent and protective companions, they are often plagued by allergies, gastric torsions or hypothyroidism. With 63% of all Rottweiler vet trips due to illnesses, they topped the list of most expensive dogs with an average annual medical expense of $567.53. For cats, Siamese lead the list of felines which are most costly in terms of medical care. These exotic breeds commonly suffer from diseases such as gingivitis, respiratory problems and liver disease with Siamese cat owners spending about $396 per year on medical treatments. Other cats and dogs that top the list of most expensive pets are Great Danes, English Bulldogs, Himalayans and Ragdolls.
The pet industry is booming with many Americans investing more than ever in treatments and care to give their pets the most comfortable life. According to the Business Insider, Americans spent about $50.84 billion on pet care in 2011, of which half ($25.81 billion) was used for medical expenses. Although pet insurance could cover up to 90% of most vet bills, only 3% of 78 million dogs and 1% of 86.4 million cats in America are insured. In total, only 1% of all pets (including birds, horses, exotic and small animals and fish) in America are insured which is quite a low number compared to countries like Sweden (49%) and the UK (12%).
For more information on the top ten most expensive pets and for general pet insurance information, please visit http://www.petinsurancecomparison.net. Please note that all official sources for statistics used in this article are specified in our infographic.
PetInsuranceComparison.net is an independent service to inform end users about all things pet and pet insurance. We provide guidance and tips on how to select pet insurance providers and offers tools directly to carriers. PetInsuranceComparison.net is powered by ReviMedia and has offices in New York, Panama and Amsterdam.