Cost.co.uk Respond to New Research That Reveals Pet Insurance Most Likely to Be Claimed

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Leading comparison site, cost.co.uk, has responded to new research that reveals pet owners are the most likely to make a claim on insurance.

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Looking after a pet can be costly as animals can be susceptible to illness and injury

People are more likely to claim on pet insurance than on their car, home, or travel insurance, reports a Which? survey.

The consumer publication surveyed members who had submitted insurance claims in the past two years. Four in ten pet insurance owners had made a claim in that period, the highest proportion of all the general insurance categories. Car insurance followed at 20%, then home insurance at 18% and travel insurance at 15%.

Pet illness was the most common reason to make a claim, with 70% of pet insurance claims accounting for this. The most common claim for travel insurance was cancelled travel, accounting for 33% and accidental damage was the most commonly made home insurance claim at 28%.

A spokesperson for Cost.co.uk said:

“Looking after a pet can be costly as animals can be susceptible to illness and injury. This is why it’s important to compare pet insurance quotes and make sure you have a deal that covers a variety of eventualities and vetinary care. This research provides an interesting overview of British insurance habits and how and why we claim.”

Based in Essex, Cost.co.uk is one of the UK’s leading price comparison sites. Allowing their online customers to seek out great deals and offers for home insurance, pet insurance, credit cards, holidays and more. Founded in 2012, the agency has a trusted reputation for sourcing the most ideal policies at affordable prices.

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Ben Austin
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