Companion Animals

Companion Animal Insurance and Welfare

Pet insurance enables owners to access veterinary care that might otherwise be financially prohibitive, with direct welfare benefits.

Key Facts

Veterinary costs are a leading reason owners decline recommended treatment
An estimated 3 million US companion animals are euthanized annually for financial rather than medical reasons
Pet insurance penetration is only 3-4% in the US compared to 25% in Sweden and the UK
Financial planning for veterinary care improves welfare outcomes for companion animals

Welfare Considerations

Companion animal welfare is directly affected by owner financial capacity to access veterinary care. Animals whose owners cannot afford treatment for painful or serious conditions suffer unnecessarily. Pet insurance changes this calculus — insured pets receive more recommended diagnostics, treatments and specialist referrals. Expanding pet insurance access and awareness in underserved communities would improve welfare outcomes for millions of animals.

What You Can Do

Consider pet insurance for new companion animals while they are young and healthy
Discuss financial planning for veterinary care with your veterinarian
Support low-cost veterinary care programs in your community
Advocate for policies that improve access to veterinary care for low-income pet owners