Facts + Statistics: Pet Ownership and Insurance

 
Pet insurance

According to the North American Pet Health Insurance Association, (NAPHIA), pet insurance has existed outside the U.S. since the early 1900’s. Lassie, the famous TV collie, received the first pet insurance policy issued in the U.S. in 1982.

NAPHIA’s State of the Industry Report 2022 Highlights states that the total premium volume for pet insurance in the U.S. was nearly $2.6 billion. The total number of pets insured in the U.S. at year-end 2021 was 3.9 million, a 28 percent increase since 2020. The average accident and illness premium for dogs was $583 a year or $49 a month. The average accident and illness premium for cats was $343 a year or $29 a month. The largest share of insured pets reside in California, New York, and Florida. The largest number of pets insured were dogs at 82 percent versus cats at 18 percent.

 
Pet ownership in the United States

Seventy percent of U.S. households, or about 90.5 million families, own a pet, according to the 2021-2022 National Pet Owners Survey conducted by the American Pet Products Association (APPA). This is up from 56 percent of U.S. households in 1988, the first year the survey was conducted, and 67 percent in 2019.

Total pet industry expenditures in the U.S. totaled $123.6 billion, up 19 percent from $103.6 billion in 2020.

 
Number of U.S. Households That Own a Pet, by Type of Animal

(millions)

Pet Number
Dog 69.0
Cat 45.3
Freshwater fish 11.8
Bird 9.9
Small animal 6.2
Reptile 5.7
Horse 3.5
Saltwater fish 2.9

Source: American Pet Products Association's 2021-2022 National Pet Owners Survey.

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Total U.S. Pet Industry Expenditures, 2012-2021 (1)

($ billions)

Year Expenditure (2)
2012 $53.3
2013 55.7
2014 58.0
2015 60.3
2016 66.8
2017 69.5
2018 90.5
2019 97.1
2020 103.6
2021 123.6

(1) Includes food, supplies and over-the-counter medicine, veterinary care, live animal purchases and grooming and boarding.
(2) Expenditures for 2018 to 2021 are from the 2021-2022 American Pet Products Association's 2021-2022 National Pet Owners Survey; expenditures for 2010 to 2017 are from earlier surveys.

Source: American Pet Products Association's  National Pet Owners Surveys.

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Basic Annual Expenses for Dogs and Cats (1)

 

Expense Dog Cat
Surgical vet $458 $201
Food 287 254
Routine visit 242 178
Kennel boarding 228 78
Food treats 81 72
Vitamins 81 47
Toys 56 41
Groomer/grooming aids 47 31

(1) APPA does not ask survey participants how much in total they spend on their dog or cats annually. The expenses listed above are not all inclusive and each category was asked separately of the survey participant.

Source: American Pet Products Association's 2021-2022 National Pet Owners Survey.

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