Pet Health Insurance

October 26, 2020

Trupanion to release third quarter earnings Thursday amid strong, increasingly competitive pandemic puppy economy

It’s been a busy and successful year for the U.S. pet insurance market at large, which has seen eight newcomers since 2017 alone: Wagmo (2020), Spot (started in 2019 with personality Cesar Milan as its figure head), Lemonade (July 2020), Prudent Pet (2018), TrustedPals (2019), Bivvy (2018), Companion Protect (2017), and Pumpkin (2019). The newcomers offer some of the most budget friendly options in the pet insurance market, but there are a staggering number of pitfalls neatly tucked away inside the fine print of the policies.

October 20, 2020

Dodo parent company Group Nine Media, Inc. takes minority stake in pet insurance company Petplan

Digital media company Group Nine Media Inc., which is backed by Discovery Inc. and owns The Dodo (“emotionally and visually compelling, highly sharable” animal content), has taken a minority stake in pet insurance company Petplan, the companies announced in a joint press release yesterday.

August 13, 2020

Pandemic Puppy Fever: Too Many Pets, Not Enough Vets, And More Health Insurance — For Dogs

Americans may have less money to spend, but what they have, they appear to be spending on their dogs and more notably, on pet health insurance, a relatively small but exponentially growing market as Americans discover that their dog’s health insurance policy can be better than any policy the human members of their families have access to….

April 30, 2020

Does Your Pet’s Health Insurance Cover SARS-CoV-2?

Now that the U.S. Department of Agriculture has confirmed two cases of household cats in New York with SARS-CoV-2 and, now, the reports of a family dog with the virus in North Carolina pending USDA confirmation, The Canine Review has asked the country’s major pet health insurance providers if and how each would cover SARS-CoV-2 diagnostics and treatment for cats and dogs.

March 19, 2020

Your dog’s health insurance can be better than yours, if you pick the right insurance.

VPI (or Veterinary Pet Insurance), founded in 1980, was the first company to sell pet insurance in the United States. In 2009, the company was purchased by Nationwide.
Nationwide/VPI has been and remains the largest and most popular pet insurer in the U.S. market, with 36.33% of the market share, according to NAPHIA.
While it may be the oldest and the most popular, TCR also found that it had some of the worst pitfalls of any insurer.
For starters, there appears to be a directive in place instructing customer service/insurance agents not to send even sample or boilerplate copies of the company’s pet insurance product to any individual who is not a policyholder. In other words, prospective customers are refused requests for sample policies. And it’s not as if the website makes it easy to find a copy of a policy.

February 3, 2020

Healthy Paws Pet Insurance Nailed By Regulators, Ordered To Repay $4.7M To Customers

Healthy paws get nailed by regulators.

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