Pet Metrics: Consumer Approaches to Pet Insurance in the UK

Finaccord Ltd.
July 1, 2014
25 Pages - SKU: FIN5345720
Countries covered: United Kingdom

Pet Metrics: Consumer Approaches to Pet Insurance in the UK

Finaccord's report titled Pet Metrics: Consumer Approaches to Pet Insurance in the UK offers detailed and up-to-date insights into the behaviour of pet owners in the context of pet insurance in the UK. Based on a primary survey of over 1,000 consumers in the UK carried out in the second quarter of 2014, the research provides valuable data describing the extent to which owners of cats, dogs and other animals take out insurance for their pets.

In addition to calculating the percentage of UK pet owners that buys pet insurance, the investigation also analyses the types of policy that they buy (i.e. stand-alone policies or cover packaged within household insurance or personal liability insurance), whether they hold cover for liabilities associated with pet ownership only or also for other risks (most notably veterinary expenses), which distribution channel and interface they use to take out stand-alone pet insurance and whether they buy cover within a week or a month of acquiring their pet or at a later stage.

Finally, the report measures the degree to which insured pet owners have used their cover to file a claim in the 12 months leading up to the survey and, if so, the reason for making the claim and whether the claim was accepted or not.



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