UK TimesUK Times
  • Home
  • News
  • TV & Showbiz
  • Money
  • Health
  • Science
  • Sports
  • Travel
  • More
    • Web Stories
    • Trending
    • Press Release
What's Hot

M1 J47 northbound exit | Northbound | RoadOrCarriagewayOrLaneManagement

24 May 2025

Jannik Sinner’s return means a shift in balance of power ahead of French Open – UK Times

24 May 2025

A19 southbound between A181 and A179 | Southbound | Vehicle Fire

24 May 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
UK TimesUK Times
Subscribe
  • Home
  • News
  • TV & Showbiz
  • Money
  • Health
  • Science
  • Sports
  • Travel
  • More
    • Web Stories
    • Trending
    • Press Release
UK TimesUK Times
Home » Record £1.23bn paid out in pet insurance claims in 2024, says ABI – UK Times
News

Record £1.23bn paid out in pet insurance claims in 2024, says ABI – UK Times

By uk-times.com24 May 2025No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Email

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth

Sign up to our free money email for help building your wealth

Sign up to our free money email for help building your wealth

Independent money

A record £1.23 billion was paid out in pet insurance claims in 2024, helping households cover the cost of veterinary treatment for unwell and injured animals, the Association of British Insurers (ABI) has said.

Dogs led the pack, making up £933 million in claims, followed by cats at £232 million, and £61 million for other pets.

The total for 2024 was 4% higher than 2023 and marks the third year in a row that total payouts by ABI members have surpassed £1 billion.

The ABI said members received 1.8 million claims last year – equating to around 4,900 claims per day typically.

Its data also indicates that a record 4.6 million pet owners took out insurance – a 3% increase since 2023 and a third (33%) higher than before the coronavirus pandemic in 2019.  Many people acquired new pets during the coronavirus lockdowns.

The average claim cost is £685, the ABI said, but some costs can be much higher.

The price of treatment for elbow dysplasia, a common cause of forelimb lameness in young, large and giant breed dogs, can cost over £50,000, the body said.

The average cost of care needed when a pet eats something they should not, whether it is food which is poisonous to them or a small household item, is around £4,000, the ABI said.

Jonathan Purvis, senior policy adviser, general insurance at the ABI said: “You can’t pull a rabbit out the hat when it comes to paying for veterinary bills, so it’s promising to see more people making sensible choices to protect themselves and their pets financially.

“Insurance provides peace of mind that costs will be covered if your pet is ill or injured.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

Related News

M1 J47 northbound exit | Northbound | RoadOrCarriagewayOrLaneManagement

24 May 2025

Jannik Sinner’s return means a shift in balance of power ahead of French Open – UK Times

24 May 2025

A19 southbound between A181 and A179 | Southbound | Vehicle Fire

24 May 2025

Salford man charged after gun pointed at police officer | Manchester News

24 May 2025

M4 J15 westbound exit | Westbound | Broken down vehicle

24 May 2025

F1 2025 Monaco GP LIVE: Qualifying schedule, start time and FP3 results after Hamilton crash – UK Times

24 May 2025
Top News

M1 J47 northbound exit | Northbound | RoadOrCarriagewayOrLaneManagement

24 May 2025

Jannik Sinner’s return means a shift in balance of power ahead of French Open – UK Times

24 May 2025

A19 southbound between A181 and A179 | Southbound | Vehicle Fire

24 May 2025

Subscribe to Updates

Get the latest UK news and updates directly to your inbox.

© 2025 UK Times. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version