Do I Need Pet Insurance?
Britain has a long-standing reputation as a nation of animal lovers. There are around 8.5 million dogs and 7.5 million cats currently living as pets in the UK, taking up places in our homes and our hearts. However, statistics show only 1.3 million cats and 2.8 million dogs are covered by pet insurance. This means that huge numbers of pets are potentially left vulnerable.
Vet treatment can often cost hundreds of pounds. It's not surprising that some pet owners struggle to afford unplanned treatment if their pet suffers an accident or illness. Without adequate cover. There is always a risk that owners will face making medical decisions based on what they can afford. In some cases, having pet insurance can quite literally be a lifesaver. In this article, we explore:
- Why do I need pet insurance?
- Is pet insurance compulsory?
- When should you get pet insurance?
- What are the benefits of pet insurance?
- How much does pet insurance cost?
- What pet insurance cover do you need?
- Is pet insurance worth it?
Why do I need pet insurance?
Is pet insurance compulsory?
Pet insurance is not a legal requirement in the UK. However, it is highly recommended, not just by us at T.Forrest, but many vets and industry experts. This not only keeps your dog health, but protects you against potential financial risks and keeps healthcare for your dog much more affordable.
When should you get pet insurance?
Typically, you should take out pet insurance as soon as you bring your new pet home. This should also be done before your first visit to the vet, ensuring there are no pre-existing conditions before you take our pet insurance. This means you can save costs from a young age and keep your dog healthy as a puppy without worrying about finances.
What are the benefits of pet insurance?
There are various levels of pet insurance cover to choose from across different pet insurance companies. It's important to look at the different options available to you. Every pet is different, and therefore you might seek different levels of cover. Here at some of the benefits, we have found on some of our policies.
- Protection against vet bills if your pet suffers illness or accident
- Dental treatment, farewell cover, lost and found and pets abroad cover
- Multi-Pet Discount - many insurers will offer you a discount for insuring more than one pet
- Third-Party Liability (dogs only) - covers damage to someone or someone else's property
How much does pet insurance cost?
According to Compare The Market, the average premium for September 2025 was £110 a year. However, there are many factors that are considered when purchasing a policy. No pet is the same and therefore the cost can change.
Age, breed, location, type, and size of the pet play a part in determining how much the pet insurance will cost. Each of these factors provides a different risk rating. The higher the risk the more likely you are to make a claim and subsequently the more expensive the insurance generally costs.
Generally speaking, the most expensive level of cover is a lifetime (reinstatement). However, this also provides the most protection.
What pet insurance cover do you need?
Pet insurance cover varies depending on the type of animal you own, their age and several other factors. There are four main types of pet insurance cover:
- Accident only: This protects your pet if there is an injury or accident that then requires treatment. Accident only can start from as low as £3.95, but also offers the least protection.
- Maximum benefit: This offers a set amount for each injury or illness with a time limit, with financial limits often ranging between £1,000-£7,500.
- Time limited: Time limited cover protects your pet for each health condition, but only for a set period of time, which is usually 12 months. Once the policy expires, you will need to review, with any existing conditions treated as 'pre-existing' for the new cover. This is often the 2nd cheapest option.
- Lifetime cover: This offers the highest level of cover for your pet, protecting against all accidents and illnesses, as long as you renew each year.
Is pet insurance worth it?
For peace of mind and financial protection, pet insurance is an excellent option and one that must pet owners choose to use. Due to the low monthly or annual costs of pet insurance, it's a great option to protect your pet and yourself. When it comes to looking after your dog, pet insurance gives them a better chance of being treated at an affordable cost and extending their life.
