The UK Insurance Blog

According to the article “Pets suffer as North Wales owners hit by credit crunch” our furry loved ones are the first to go when the going gets tough in one region of Britain! Many owners of pets across North Wales are suddenly finding they cannot afford the expense of keeping pets.

Animal rescue organizations are observing increases in their numbers particularly Flintshire and Wrexham in the north of Wales. One animal rescue centre, Capricorn in Padeswood has found pets are being given up due to financial pressures, repossessions and because people are generally struggling through the nation’s ‘credit crunch’ downsizing wherever possible.

People are losing their jobs and families are breaking up all because of money worries too and it is the pets that are stuck in the middle of it all, sadly ending up at an animal charity centre like Padeswood. What some people don’t seem to realise is that centres such as these are often independently run and that their funds are currently being pushed to the limit to the extent they unfortunately have to turn people and their pets away.

If not getting to the stage where owners are giving up their pets, the bad news is they are certainly neglecting certain significant expenses caused by things like neutering, insurance or inoculations. The main worry is that people seem to be cancelling their pet insurance out of desperation to cling onto extra pounds. The animals will be the ones to suffer. Whatever you do, try to resist the urge to cancel your pet insurance. Rescue centres urge pet owners to keep going on the pet insurance on account that those premiums will seem like peanuts next to a gigantic veterinary bill.

To hold on to your pets in these troubling times, pet owners are encouraged to think ahead. Keep paying those premiums and find out if you are eligible for financial assistance (there is always help available if you are suffering hardship). But, at the end of the day, if you feel you are truly unable to continue to provide a home for your pet, the RSPCA urges you to give them a call or visit their website www.rspca.org.uk.

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You don’t need to spend a fortune on pet insurance confides Jacob Floyd in his article, “Keep costs on a leash” published in the Independent. You don’t need to pay out a fortune for your pet and here are some top tips to help you manage your pet expenses.

With the assistance of the moneysupermarket.com, he was able to ascertain some helpful costs. Check out Tesco for the best value insurance. It will cost you under a fiver a month for a five year old cat. With possible medical bills costing thousands of pounds, this is without doubt the bargain of the century! The insurance premiums for a puppy under a year old will only set you back £7.30 a month at Tesco. When you consider the expenses like up to £2,500 in medical costs, this is a considerable saving. A dog up to the age of six will warrant premium costs of about £6.80 a month.

A good tip, Mr Jacob goes on to mention, is to avoid overpaying on your insurance. For example third party liability is useless in the case of a cat (who can claim total responsibility for the actions of a cat?) Watch out for crafty add -ons like this in your policy, you will have to pay more for something that is entirely pointless!