CLEVELAND, Feb. 6, 2024 /PRNewswire/ — Embrace Pet Insurance, a premier supplier of medical health insurance for dogs and cats in the United States, unveils their high pet names, breeds, and insurance coverage declare traits for 2023. With over 1 million claims processed prior to now yr, this is a glimpse into the important thing traits derived from their in depth knowledge:
“Luna” maintains its high spot, main the pack as the preferred pet title for each dogs and cats for 2 consecutive years. Luna has been the favored alternative for cat names for 5 years working. Similarly, blended breeds proceed to dominate as the popular alternative amongst pet homeowners for the fifth yr in a row. A notable newcomer in 2023 is “Pepper,” making its debut on the listing and changing “Nala” as one of many high cat names.
Top 10 Enrolled Dog Names of 2023
Luna
Bella
Charlie
Lucy
Daisy
Cooper
Max
Milo
Coco
Lola
Top 10 Enrolled Cat Names of 2023
Luna
Oliver
Milo
Leo
Bella
Loki
Charlie
Lucy
Lily
Pepper
Embrace’s analysis into breed reputation for 2023 reveals:
Top 10 Enrolled Dog Breeds
Mixed Breed Dog
Labrador Retriever
Golden Retriever
Goldendoodle
German Shepherd Dog
French Bulldog
Labrador Mix
Yorkshire Terrier
Siberian Husky
Labradoodle
Top 10 Enrolled Cat Breeds
Domestic/Mixed breed
Maine Coon
Siamese
Ragdoll
Bengal
Siberian
Sphynx
Russian Blue
Persian
American Shorthair
Oldest Pets Insured in 2023
Oldest Cat: 23-year-old home quick hair
Oldest Dog: 20-year-old small blended breed
In 2023, Embrace Pet Insurance recorded substantial will increase within the common cost of claims. For occasion, allergic dermatitis claims have seen a exceptional 70 % enhance in common declare cost, whereas osteoarthritis claims have risen by 26 %. This uptick in veterinary bills underscores a significant concern for pet homeowners. A survey by Pawlicy Advisor reveals that almost half of pet homeowners may battle with an surprising $5,000 veterinary invoice. Further emphasizing the monetary challenges, a GOBankingRates survey notes that almost half of Americans have $500 or much less of their financial savings accounts, with 60% having lower than $500 in checking accounts. These insights spotlight the rising significance of pet insurance coverage within the present financial panorama.
2023’s Top 10 Diagnoses by Volume and Average Amount Per Claim
Allergic dermatitis (pores and skin allergy symptoms) – $657
Otitis externa (ear an infection) – $271
Diarrhea – $277
Vomiting – $689
Osteoarthritis – $706
Anxiety – $236
Lameness – $644
Pruritus (itching) – $213
Skin mass – $986
Cranial cruciate ligament tear – $4,919
Policy and Claim Highlights
One policyholder notably has insured 18 dogs, whereas one other has 19 cats beneath a single coverage.
Record-Breaking Claim Amounts in 2023
In 2023, Embrace Pet Insurance skilled notable will increase in individual declare quantities, with our highest lined declare surpassing the earlier years by 16.5%–$48,534 for a small blended breed canine with aspiration pneumonia and a coronary heart murmur. Other notable lined declare quantities:
$41,952 – French Bulldog with aspiration pneumonia and brachycephalic airway obstruction
$36,980 – Boston Terrier with canine chunk wound and limb amputation
$36,927 – Small blended breed with open coronary heart mitral valve restore
$35,470 – Domestic quick hair with renal failure and diabetes
“2023 was a landmark yr for Embrace, with our workforce expertly processing over 1 million claims and our household now rising to over 500,000 insured pets,” stated Brian Macias, CEO of Embrace Pet Insurance. “With 17 years of information at our fingertips, traits we’re seeing in our system are seemingly reflective of wider traits within the pet area nationwide. This depth of understanding and wealth of information not solely deepens our insights into pet care but in addition strategically informs our business choices. At Embrace, we’re greater than a pet insurance coverage supplier; we’re on the forefront of pet well being insights and trade innovation.”
For extra details about Embrace Pet Insurance and our providers, please go to embracepetinsurance.com or name (800) EMBRACE.
About Embrace Pet Insurance Embrace Pet Insurance, a top-rated pet medical health insurance supplier for dogs and cats in the United States, provides one easy but complete accident and sickness insurance coverage plan. In addition to insurance coverage, Embrace provides Wellness Rewards, a non-insurance, elective preventative care product that’s distinctive to the trade. Wellness Rewards reimburses for routine veterinary visits, grooming, vaccinations, coaching, and far more, with no itemized limitations. Embrace has acquired quite a few accolades for buyer and worker satisfaction, together with being named the highest pet insurance coverage supplier on the Forbes listing of America’s Best Insurance Companies 2022 and receiving the Great Place to Work™ certification. Embrace is a proud member of the North American Pet Health Insurance Association (NAPHIA) and continues to innovate and enhance the pet insurance coverage expertise for pet mother and father throughout the nation. Embrace Pet Insurance is a privately held organization, backed by JAB Holding Company.
For extra details about Embrace Pet Insurance, go to EmbracePetInsurance.com or name (800) 660-3817.
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