Pet insurance is a type of insurance that covers medical, accident, and illness expenses for pets. It can also cover diagnostic exam fees, recovery and complementary care, prescription medications, behavioral modification, and more. Underwriting is the process of determining which pets are eligible for coverage and at what premium. Pricing for pet insurance can vary based on factors such as the pet's breed, age, and health history. There are also regulatory differences in pet insurance by state. The market for pet insurance is growing, with an increasing number of plans available and more pet owners seeking coverage.
