As National Pet Month begins, the analysis shows that more than half of pet owners in Britain who don’t insure their animals are paying up to £810 for each injury and illness resulting in a trip to the vet.
With the average standard annual pet insurance policy costing £261, households with pets could save almost £560 if they take out cover.
MoneySuperMarket pet insurance expert Rose Howarth said: “There’s no National Health Service for animals and with bills on the rise, a trip to the vet can break the bank these days.
“Pets might suffer illness or injury at any time, so investing in insurance means owners can meet the cost of any unexpected treatment their pet needs. That way, they’ll know their furry friend is covered and won’t face the shock of a hefty bill.”