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Pet insurance outlook for 2024: Forbes Advisor

Cost-of-living pressures impact every part of our daily lives, and inflationary pressures extend to pet insurance and other pet-related costs.

Pet healthcare costs can be significant and unexpected, with PetSure research showing $3,000 is the tipping point in which a majority of pet parents would consider economic euthanasia for their pet.

The reality is pets can experience accidents or illness at any age so it’s important for pet parents to be financially prepared, whether that be with a pet insurance policy or emergency funds.

Forbes Advisor spoke with a range of veterinary and industry experts, including PetSure, to understand the pet insurance outlook for 2024.

Check out the media article below in Forbes Advisor, featuring PetSure:

Pet Insurance In 2024 – Forbes Advisor Australia