Pet insurance is at breaking point. In 2023, U.S. providers paid out nearly $2.5 billion in claims on just under $4 billion in premiums – a staggering 63% claims ratio that leaves little room for growth or resilience.
Need help?
Contact usPet insurance is at breaking point. In 2023, U.S. providers paid out nearly $2.5 billion in claims on just under $4 billion in premiums – a staggering 63% claims ratio that leaves little room for growth or resilience.