This article was originally published by Yahoo! Finance.
Pet insurers paid out a record £657 million in claims in 2015 – equating to £1.8 million every day – according to the Association of British Insurers (ABI).
The figures show that in 2015, the number and cost of claims reached record levels, with 911,000 pet insurance claims made, up 9% on 2014. Their cost, at £657 million, was also up 9% on the previous year.
The average claim was for £721 last year, while the average pet insurance premium was £241.