Pet insurance is an elective coverage that is essentially health insurance for pets. It has premiums, annual deductibles, and co-pays just like human insurance. But, even more than human health insurance, pet insurance varies in its coverage and cost.
According to Consumer Reports, in 2023, there were an estimated 80.1 million dogs and 66.9 million cats in the United States, but only 5.7 million of them were insured. Do those few know something the rest of us don’t?
