Alexa Seleno

Overview of the different animal insurances

Juil 10, 2023
Overview of the different animal insurances

Animal insurance has a bright future ahead of it according to the latest figures. France is a country of domestication.

60 million friends

This is undoubtedly one of the characteristics of the French, they love animals. They enjoy raising dogs and cats. And for some time, other races have come to embellish families. The numbers are unequivocal. There are more than 20 million doggies and tomcats living in homes across the country according to In addition, the latter reserve a good share of the family budget for them. Until saving a Christmas present for the furry ball or giving him a nice birthday party like a real human. And that’s nothing compared to interviews and veterinary care. On this point, the owners do not hesitate to do their utmost. In the animal insurance sector, it’s almost the same trend.
The animal health insurance market is on the rise. With a growth of 25%, the pace is more and more sustained. Within ten years, the companies ofassurance are already rubbing their hands over their forecast. On the market, companies specialize only in this sector. The animal cover experts are right. The figures are still far from what is happening among European neighbors. For example, in Sweden, 80% of domesticated animals are subject to insurance. In England, 50% of pets are subscribed to mutual insurance. In these countries, family insurance also includes animal insurance. In the house, bipeds and quadrupeds all live in the same health insurance.

The newcomers

The evolution of animal insurance is turning towards other species. Cats and dogs already have their niche. Horses, it’s no longer complicated to cover it. The advent of exotic animals has changed the game. The ferret, the rabbit, the guinea pig and the chinchilla occupy the top of the pavement. These species are increasingly popular with families. Like the rabbit who has gone from being a dish of good feasts to a furry ball that has become a member of the family. Amazingly, chicken is gaining momentum in the roofing market. And something even more surprising, insurers offer mutual insurance for these types of animals. That is to say, animal mores have evolved in a few years.
Recent studies have made it possible to read the French family structure through the possession of such and such an animal. First of all, there are more than 60 million pets in France. Or one in two families owns a pet. Fish is the most popular. Because easy to raise and not requiring a lot of expense. Except for more elaborate farms such as in aquariums or large ponds. Thus, dogs are often found in families with dad, mom and child. Still according to specialists, an animal raised in the countryside would be more fulfilled than an animal raised in the big cities.

The magazine-insurance team of editors at your service! We look at all possible and imaginable information on insurance in order to help you sort it out. We strive to offer you quality articles to help you better understand the issues of this or that insurance.

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