Pet parents can now turn to Farmers Insurance for help in caring for and planning for all members of the family, including their pets. Farmers, one of the nation’s largest multiline insurers, and Pets Best Insurance Services, LLC (Pets Best), a leading U.S. pet insurance brand, have joined forces to offer savings to those looking to insure cats and dogs. Pet parents who purchase a Pets Best policy after referral from a Farmers agent will receive a 5 percent discount off of the regular price.
With roughly 50 percent of U.S. households enjoying pet ownership, many families have sought a trusted partner to assist with their pet insurance needs. The Farmers and Pets Best agreement brings established and recognized brands to the pet insurance category. Since the establishment of the first pet insurance company in the U.S. in 1981, the desire for pet insurance has grown significantly and is now a $650 million industry. And, based on a recent poll, nearly three in ten Farmers customers with pets expressed interest in adding pet insurance to their existing policies.
“At Farmers, we believe in offering consumers options and that insuring your pet through respected brands like Farmers and Pets Best will be a welcomed choice,” said Mariel Devesa, head of product innovation for Farmers Insurance. “Our agreement with Pets Best will help pet parents care and plan for their cherished cats and dogs by limiting the risk of hefty out-of-pocket expenses and providing coverage for unexpected events.”
Pets Best is known for creating a straightforward and predictable pet-care experience. With four out of five pets experiencing a medical emergency in their lifetime, according to company data, having reliable coverage is critical. The insurance provided through Farmers and Pets Best offers consumers a wide range of benefits and options, including: a reimbursement calculated from the actual veterinarian bill with knowledgeable experts who handle claims generally within two to five days. The comprehensive plans offered by Pets Best cover accidents and illness with flexible coverage options. In fact, Pets Best offers more plan options than any other competitor to ensure pet parents can choose the plan that best fits their needs, all while allowing customers to visit any licensed vet in the world. There are no upper age limits and the company does not require medical records or a vet exam to enroll. The Pets Best policies also cover unexpected out-of-pocket expenses for pets related to emergency visits, behavioral conditions, surgeries, hereditary conditions and more. Additionally, a wellness plan is available to provide coverage for routine veterinary expenses such as annual check-ups, vaccinations and teeth cleanings.
“A growing number of American pet owners are recognizing the financial and emotional benefits of insuring their four-legged family members,” said Jack Stephens, Doctor of Veterinary Medicine, founder of Pets Best and the pet insurance industry in the U.S. “We are excited to have reached an agreement with an established company that cares as much about the community as Farmers Insurance, and we look forward to offering all of our customers our unique brand of service and support.”