Pet Insurance in the U.S., 6th Edition
Published: September 28, 2018
- 168 Pages
Table of Contents
- Executive Summary
- Market Size & Forecast for Pet Insurance
- Consumer Awareness of Pet Insurance Continues to Grow
- A Healthy Economy Leads to Optimistic Pet Owners
- Technology Is Streamlining Claims Processing & Reimbursements
- Veterinary Costs & Pet Healthcare Expenditures Continue to Rise
- 3 New Market Entrants Since 2015
- Pet Population Continues to Make Gains
- Growth Opportunities:
- Scope of Report
- Report Methodology
- Market Analysis
- Consumer Analysis
- Market Size & Forecast for Pet Insurance
- Market Trends
- Chapter Highlights
- Introduction
- Market Definition
- Range of Coverage
- Typical Restrictions
- Gross Written Premiums
- Pet Population and Forecast
- Overview
- Households
- Table U.S. Household Ownership for Dogs and Cats, 2007-2022 (million households)
- Population: Dogs Continue to Lead the Pack
- Table U.S. Pet Population, 2007-2022 (million pets)
- Table Age of Dogs and Cats, 2018 (percent of pet owners)
- Table Agreement with Statement: "I have an overweight dog/cat", 2018 (percent)
- Market Size and Forecast
- Gross Written Premiums
- Table U.S. Pet Insurance Market Revenues, 2007-2017 (million dollars and percent)
- Policies in Force
- Average Premium
- Share of Policies by Animal Type
- Share of Policies by Product Type
- Gross Written Premiums
- Market Factors
- Economic Outlook
- Table Pet Owner: Overview by Change in Financial Situation Compared with 12 Months Ago, 2012-2017 (percent)
- Table Pet Owners: Overview by Expectations for Personal Financial Situation Over the Next 12 Months, 2012-2017 (percent)
- Table Level of Agreement with Statement: "I am spending less on pet products because of the economy," 2011- 2018 (percent of pet product buyers)
- Table Level of Agreement with Statement: "Many pet products are becoming too expensive," 2011-2018 (percent of pet product buyers)
- Table Level of Agreement with Statement: "I look out for lower prices, special offers, and sales on pet products," 2013-2018 (percent of pet product buyers)
- Table Selected U.S. Economic Measures, 2007-2022 (billion dollars and percent)
- Veterinarians
- Table Percentage of Dog and Cat Owners Who Have Visited Vet in Last 12 Months for Routine and Sick/Emergency Vet Visits, 2018 (percent of pet owners)
- Table U.S. Veterinary Services Market 2013-2017 (billion dollars and percent)
- Pet Expenditures Going Up Overall
- Table Amount Spent on Pet Products in Last 30 Days, Q1 2017 vs. Q1 2018 (percent of pet product buyers by spending bracket)
- Education and Marketing Efforts Are Growing Consumer Awareness
- Table NAPHIA Initiatives and Working Committees
- Increasing Availability and Accessibility Also Supports Growing Awareness
- Table Selected Internet-Related Psychographics: Dog Owners vs. Cat Owners, 2017 (percent and index)
- Competitive Balance
- Table Type of Medical Coverage for Dog or Cat Owners Who Have Pet Financing, 2018 (percent)
- Pets Growing Family Status
- Table Level of Agreement with Statement: "I consider my dogs/cats to be part of the family," 2018 (percent of pet owners)
- Table Agreement with Statement: "My dog or cat has a positive impact on my mental health," 2018 (percent of dog or cat owners)
- Table Agreement with Statement: "My dog or cat has a positive impact on my physical health," 2018 (percent of dog or cat owners)
- Economic Outlook
- Growth Opportunities
- Overview
- Consumer Awareness and Education Efforts
- Table Responses to "Why did you cancel/not renew the pet health/medical insurance?" 2018 (percent and # of responses)
- Competing with Other Payment Options
- Efficiency Improvements
- Targeting Minority Pet Owners
- Look to Millennials, but Don't Forget the Boomers
- Target Multi-Pet Households
- Regional Opportunities
- Exotic Pet Insurance
- Competitive Overview
- Highlights
- Market Structure
- General
- New Market Entrants
- Market Share
- Table U.S. Pet Insurance Revenues, 2017 (million dollars and percent)
- Competitive Trends
- Standing Out: Product Differentiation in the Pet Insurance World
- Trial Runs: Certificates and Money Back Guarantees
- Technology: Streamlined Is the Key
- Industry Movers and Shakers: Mergers and Acquisitions
- Table Selected Acquisitions & Divestitures
- Partnerships and Other Cooperative Agreements
- Table Selected Cooperative Agreements
- Market Exit: Protect Your Bubble
- Marketing Initiatives: Not Just Cute Puppy and Kitty Pictures (Ok, a few…)
- Distribution Channels
- Underwriting Advantage
- Competing Pet Health Financing Options
- Wellness Plans
- Pet Savings Accounts
- Pet Care Savings Plans
- Pet Credit Cards
- Other Sources
- Competitive Profiles
- Crum & Forster Insurance Group / Pethealth Inc.
- Company Description
- Table Crum & Forster Insurance Group & Pethealth Inc.: Key Insurance Brands & Plans
- Competitive Advantages
- Corporate Developments
- Company Description
- Embrace
- Company Description
- Table Embrace Pet Insurance: Key Insurance Brands & Plans
- Competitive Advantages
- Corporate Developments
- Company Description
- Figo Pet Insurance
- Company Description
- Table Figo Pet Insurance: Key Insurance Plans
- Competitive Advantages
- Corporate Developments
- Company Description
- 4Paws Insurance
- Company Description
- Competitive Advantages
- Corporate Developments
- Healthy Paws
- Company Description
- Competitive Advantages
- Corporate Developments
- Nationwide
- Company Description
- Table Nationwide Mutual Insurance: Key Insurance Plans
- Competitive Advantages
- Corporate Developments
- Company Description
- PetFirst
- Company Description
- Competitive Advantages
- Corporate Developments
- PetPartners
- Company Description
- Table PetPartners: Key Insurance Brands & Plans
- Competitive Advantages
- Corporate Developments
- Company Description
- Petplan
- Company Description
- Competitive Advantages
- Corporate Developments
- Pets Best
- Company Description
- Table Pets Best Insurance Services: Key Insurance Plans
- Competitive Advantages
- Corporate Developments
- Company Description
- Toto Pet Insurance
- Company Description
- Table Toto Pet Insurance: Key Insurance Plans
- Competitive Advantages
- Corporate Developments
- Company Description
- Trupanion
- Company Description
- Competitive Advantages
- Corporate Developments
- Crum & Forster Insurance Group / Pethealth Inc.
- Pet Ownership Trends
- Highlights
- Pet Ownership Overview
- Methodology and Data Sources
- Pet Ownership Trends
- Households with Dogs or Cats
- Table U.S. Household Penetration Rate by Type of Pet, 2007-2017 (percent)
- Table Number of U.S. Households Owning Dogs or Cats, 2007-2017 (million)
- Table U.S. Household Penetration Rate for Selected Dog- or Cat-Owning Classifications, 2007-2017 (percent)
- Pet Population
- Table U.S. Pet Population, 2007-2017 (million pets and ratio of pets/pet-owning household)
- Selected Demographic Highlights for Pet Owners
- Table U.S. Pet Ownership Rates by Household Income, 2007-2017 (percent)
- Table U.S. Pet Ownership Rates by Age Bracket, 2007-2017 (percent)
- Table U.S. Pet Ownership Rates by Household Composition, 2007-2017 (percent)
- Table U.S. Pet Ownership Rates by Household Type and Location, 2007-2017 (percent)
- Table U.S. Pet Ownership Rates by Race, 2007-2017 (percent)
- Pet Owner Demographic Profiles
- Table U.S. Dog or Cat Ownership Trends by Selected Demographics, 2017 (percent and index)
- Table U.S. Dog Ownership Trends by Selected Demographics, 2007-2017 (percent and index)
- Table U.S. Cat Ownership Trends by Selected Demographics, 2017 (percent and index)
- Exotic Pet-Owning Households Overview
- Table U.S. Household Penetration Rate by Type, 2007-2017 (percent)
- Table U.S. Household Ownership for Other Pets, 2007-2017 (million U.S. households)
- Households with Dogs or Cats
Abstract

Pet Insurance in the U.S., 6th Edition
Special offer: now 20% off original full report price
- Consumer awareness of pet insurance continues to grow, powered by the marketing efforts of pet insurance associations, as well as the increased availability of pet insurance through a number of distribution channels
- A healthy economy that is growing consumer confidence among pet owners and increasing discretionary spending, allowing consumers to invest more in protecting their pets
- Technological advances, like improved websites and mobile apps, that are making it easier for consumers to enroll in pet insurance and use their policies
- Veterinary costs and pet healthcare expenditures continue to rise, growing the need for pet owners to have some sort of plan to assist with finances.
- More pet owners seeing their pets as family members, increasing the likelihood that they are willing to invest in the health and well-being of their pets.
- Additional market factors discussed in detail
- An examination of growth opportunities for pet insurance companies
- Analysis of the channels of distribution for pet health insurance
- In-depth looks at marketing and educational strategies
- A breakdown of insurance plan offerings and differences
- Merger and acquisition and cooperative agreement activity in the industry
- Market share for all the U.S. pet insurance companies
- Competitive advantages and corporate developments of pet insurance companies
- Details on
competing pet health financing options - Pet population estimates and forecasts
- Demographic highlights and detailed data of pet owners
Scope
Methodology
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