The research, commissioned by monetary specialists Forbes Advisor, additionally discovered that over half of homeowners admit they underestimated the cost of getting a pet.
Medical prices are the primary expense, costing a mean of £462.80 every year – much more than meals, which units house owners again round £340 each year.
Kevin Pratt, insurance coverage knowledgeable at Forbes Advisor recommends house owners take into account insuring their pets to handle prices, explaining: “One thing any pet owner will tell you is that a trip to the vet – probably inevitable at some point – can be extremely expensive.
“This makes pet insurance such an important purchase. Having cover in place means animal lovers don’t have to worry about paying for the care their pet might need, and they won’t need to raid their savings or even go overdrawn to pay the vet’s bill.”
But pet insurance coverage can range massively relying on the breed of canine or cat.
Here are the ten most costly breeds of dogs and cats to insure.
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Medical prices are the primary expense, costing a mean of £462.80 every year – much more than meals, which units house owners again round £340 each year.
