Pet insurance guide: 7 things you need to know to pay less
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What about other pets, like rabbits, horses or exotic animals?

We are a nation of pet lovers, but millions of us are begrudgingly shelling out as much as £50 a month for some types of pet insurance policies, thanks to a rise in veterinary bills which have had a knock-on effect for insurers.

Last year, Sainsbury’s Bank – one of the providers of pet cover – said vets’ fees were escalating at 12pc per year, more than six times the rate of inflation.

Vets claim this inflation-busting rise is the result of the development of new drugs and medical technologies – which have helped many pets recover and live with conditions that would have proved fatal in the past.

But there have been concerns over some veterinary practices recommending additional check-ups or treatments to extract more money from the insurer.

With vets’ fees rising sharply, the average single pet insurance claim now costs more than £600, with pet insurers paying out £1.3m in claims every day, according to figures published by the Association of British Insurers.

But is it always worth taking out cover? Or should you join the millions of pet owners who take the…………… continues on Telegraph.co.uk

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