Record Pet Insurance Payouts in 2024
The Association of British Insurers (ABI) reported a record £1.23 billion paid out in pet insurance claims for 2024, helping households cover veterinary treatment costs for sick and injured pets. Dogs accounted for the largest share, with £933 million in claims, followed by cats at £232 million, and £61 million for other pets. This significant payout highlights the growing importance of pet insurance in covering unexpected veterinary expenses for pet owners.
