Pet Insurance Claims and Cost Trends

Pet Insurance Claims and Cost Trends

Progressive Launches New Pet Insurance for Dogs and Cats

20 January 2026

Progressive Insurance has introduced a new pet insurance product, covering veterinary costs for dogs and cats, currently available in 43 U.S. states and Washington, D.C. Policies, averaging $47 per month, offer coverage for accidents, illnesses, surgeries, and medications, with optional wellness plans for routine care. Customers can customize deductibles, reimbursement levels, and annual limits, and submit claims online while accessing veterinary support through Companion Protect. Discounts are available for multiple pets, existing Progressive clients, and wellness plan add-ons. The company plans nationwide availability by the end of 2026 while continuing its existing Pets Best-administered insurance program.

The Most Common Pet Insurance Claims in South Africa

20 January 2026

Vets in South Africa report that the most frequent pet insurance claims involve digestive and internal issues, such as gastroenteritis, vomiting, and ingestion of foreign objects. Injury-related claims, including fractures, ligament damage, and bite wounds, are also common and often costly. Other regular claims involve chronic illnesses, dental disease, ear and eye infections, and skin or spinal conditions. Seasonal factors, like holiday treats, chocolate toxicity, and overheating in summer, contribute to claim spikes. Experts emphasize that pet insurance helps owners address these medical needs without financial stress.

Pet Insurance in Portugal Projected to Grow 11%

19 January 2026

Portugal currently has low pet insurance penetration, with only 15% of pets covered, compared to 25% in the UK and 90% in Sweden. However, the market is expanding, generating $82.4 million in 2024 and expected to reach $227.9 million by 2033, growing at an 11.3% CAGR. Experts predict the number of insured pets could double by 2030, potentially reaching 25% market penetration and nearly half a million insured animals. This growth signals a turning point for the Portuguese pet insurance market.

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