We’re a nation of cat and dog lovers with an estimated 40 per cent of UK households owning a pet. This Saturday marks the start of National Pet Month. Celebrating its 28th birthday with events across the country and online, the main aim is to promote responsible pet ownership. The headline sponsor is Tesco Bank Pet Insurance and that should be a pretty big clue that the organisers encourage responsible owners to consider pet insurance.
As many of us know, having a pet can be a huge commitment – emotionally, practically and financially. As for the latter, a dog will cost its owner on average between £16,000 and £31,000 over its lifetime, according to data from the Association of British Insurers (ABI). Cats cost £17,000 and rabbits £9,000. It was also revealed the average cost of treating a cat after a road accident is around £875 and care for a dog with a tumour or growth averages £509.
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