Trupanion (NASDAQ: TRUP), a leading pet insurance provider, recently disclosed on an earnings call that the pet insurer “expects its premiums to increase by an average of 15% in the first quarter of 2023 year-over-year, rising to 18% by year-end” according to the VIN NEWS SERVICE.
According to the North American Pet Health Insurance Association (NAPHIA), the average annual accident and illness premium in 2021 for dogs was $583.91 and $342.84 for cats.
RELATED:
- Jump in pet insurance prices tests appetite for coverage (3.7.23)
https://news.vin.com/default.aspx?pid=210&catId=612&Id=11406144
- View list of U.S. pet insurance providers.
https://www.pets.care/insurance/