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Pet owners struggling to meet vet costs
Pet Insurance News
07 October 2005 Pet owners struggling to meet vet costs
The increasing cost of vet bills is forcing many dog owners to put down their poorly pets, new research has revealed. The study from Direct Line Pet Insurance reveals that 22 per cent of dog owners would consider doing this if they could not pay for the treatment their pet required, while seven per cent have actually done so.
Pet insurance is a necessity to help cover the cost of sick pets. Brits spent £800 million last year on vet fees, an average of £154 being shelled out each year.
But the cost of meeting these bills is taking its toll, as one in ten delay paying bills, and 15 per cent dip into life savings to meet the costs.
Chris Price, head of Direct Line Pet Insurance, said: "As vets rarely display prices, many dog owners don't know the full cost of treatment until after it has been carried out, which can cause real problems, particularly for more than 85 per cent of pet owners who are not insured.
"We are calling on all vets to be transparent with their pricing to prevent owners suffering this unnecessary financial anxiety."
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