Vet fee inflation hitting pet owners

While advances in technology have made it possible for the development of ever more advanced treatments for animals, the rising cost of veterinary treatment is hitting pet owners hard.

Additionally, it has been reported that the cost of taking out pet insurance has also increased in the last two years. Rises in the cost of pet insurance have been tied directly to a rise in the cost of treatment and, speaking to the Daily Mail, veterinary surgeon Sean Wensley, of charity PDSA, explained:

"The average cost of treating a pet involved in a road traffic accident is approximately £850, though this could be significantly more depending on the injuries sustained. X-rays, intravenous fluids, hospitalisation, surgery and medication all cost money."

Kate Carr, of the Association of British Insurers (ABI), says: "Most pet lovers want to ensure their animals get the best veterinary care possible. But advances in veterinary care come at a cost and this is reflected in the rising cost of premiums."

Finding pet insurance that can offer cover for unexpected disasters without asking for a high premium is becoming increasingly difficult. Owners are encouraged to compare pet insurance policies to find one that can cater to their needs without charging a high price.

It's also important for pet owners to have a good look at what the policy offers and in what ways it will cover their animals. Some insurance policies will offer cover for chronic conditions, while others will only offer treatment in the first instance or for accidents, so a close examination of the details is the best way for owners to look after their pets.

Wed, 18 Aug 2010 01:37:00 GMT