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Moneyfacts Pet Insurance Star Ratings 2024

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Rachel Springall, Press Officer
Rachel Springall, Press Officer / Finance Expert T: 01603 476210 E: Email Rachel
07/02/2024

A stellar year for Moneyfacts Pet Insurance Star Ratings 2024

Moneyfacts is pleased to announce the Moneyfacts Annual Star Ratings 2024 for the Pet Insurance arena.

  • For cat pet insurance there were 159 Five-Star and 58 Four-Star Ratings and for dog pet insurance there were 168 Five-Star and 53 Four-Star Ratings.
  • The market for both categories has expanded with the number of products available for new customers increasing year-on-year, with 26 more cat policies and 31 more dog policies available for assessment.
  • More than 75 fields of information per individual product were collected for the policies.

The products awarded Five or Four-Star Ratings offer the most comprehensive range of standout features and competitive limits, which set them apart from the rest of the market.

Moneyfacts has been analysing data for more than 35 years, with the instantly recognisable Moneyfacts badge of quality helping inform consumers when comparing Pet Insurance products.

Nine out of 10 people agree that a Star Rating from an independent and impartial company could influence their decision in considering taking out a Financial Services product.* (*Source: Moneyfacts Group Plc, Star Ratings survey 11/2022-1/2023).

A stellar year for Moneyfacts Pet Insurance Star Ratings 2024

Moneyfacts is pleased to announce the Moneyfacts Annual Star Ratings 2024 for the Pet Insurance arena.

  • For cat pet insurance there were 159 Five-Star and 58 Four-Star Ratings and for dog pet insurance there were 168 Five-Star and 53 Four-Star Ratings.
  • The market for both categories has expanded with the number of products available for new customers increasing year-on-year, with 26 more cat policies and 31 more dog policies available for assessment.
  • More than 75 fields of information per individual product were collected for the policies.

The products awarded Five or Four-Star Ratings offer the most comprehensive range of standout features and competitive limits, which set them apart from the rest of the market.

Moneyfacts has been analysing data for more than 35 years, with the instantly recognisable Moneyfacts badge of quality helping inform consumers when comparing Pet Insurance products.

Nine out of 10 people agree that a Star Rating from an independent and impartial company could influence their decision in considering taking out a Financial Services product.* (*Source: Moneyfacts Group Plc, Star Ratings survey 11/2022-1/2023).

FOR THE FULL LIST OF 2024 AWARDED PRODUCTS – PLEASE CLICK HERE

 

FOR THE FULL LIST OF 2024 AWARDED PRODUCTS – PLEASE CLICK HERE

 

Samantha Owens, Star Ratings & Personal Finance Analytics Manager at Moneyfacts, said:

“When a beloved pet becomes ill it can become a worrying time and having insurance to buffer the cost of what can be costly treatment can take away some of the stress.

“But, when looking for a new policy to take out, combing through the hundreds of products which are available to purchase can be a daunting task. With cover ranging from basic cover for accidents to more comprehensive cover, the Moneyfacts Annual Star Ratings for pet insurance can help to narrow down on the best policy currently available for each pet.

“The Moneyfacts Star Ratings help the customer filter down within their budget by highlighting products with most comprehensive features and the most competitive limits, with those obtaining the highest ratings offering the most in the current market.”

 

Samantha Owens, Star Ratings & Personal Finance Analytics Manager at Moneyfacts, said:

“When a beloved pet becomes ill it can become a worrying time and having insurance to buffer the cost of what can be costly treatment can take away some of the stress.

“But, when looking for a new policy to take out, combing through the hundreds of products which are available to purchase can be a daunting task. With cover ranging from basic cover for accidents to more comprehensive cover, the Moneyfacts Annual Star Ratings for pet insurance can help to narrow down on the best policy currently available for each pet.

“The Moneyfacts Star Ratings help the customer filter down within their budget by highlighting products with most comprehensive features and the most competitive limits, with those obtaining the highest ratings offering the most in the current market.”

 

Numerous features are considered when assessing the ratings, and some of these include:

Numerous features are considered when assessing the ratings, and some of these include:

Pet insurance

Pet insurance

  • Maximum veterinary fees insured
  • Claims time limit
  • Total excess
  • Fees and charges
  • Discounts
  • Boarding fees cover
  • Death by accident and illness cover
  • Lost or stolen cover
  • Advertising and reward cover
  • Alternative treatments cover
  • Dental treatments cover

 

  • Maximum veterinary fees insured
  • Claims time limit
  • Total excess
  • Fees and charges
  • Discounts
  • Boarding fees cover
  • Death by accident and illness cover
  • Lost or stolen cover
  • Advertising and reward cover
  • Alternative treatments cover
  • Dental treatments cover

 

  • Euthanasia cover
  • Hereditary conditions cover
  • Congenital conditions cover
  • Overseas vet fees
  • Quarantine costs
  • Special diet cover
  • Behavioural disorders cover
  • Accidental damage to third parties cover
  • Pet funeral / cremation cover
  • Third party legal liability cover
  • Maximum Age Limits
  • Euthanasia cover
  • Hereditary conditions cover
  • Congenital conditions cover
  • Overseas vet fees
  • Quarantine costs
  • Special diet cover
  • Behavioural disorders cover
  • Accidental damage to third parties cover
  • Pet funeral / cremation cover
  • Third party legal liability cover
  • Maximum Age Limits

Notes to editors

Pioneering financial comparison technology for over 35 years.

Moneyfacts Group plc is the UK’s leading provider of retail financial product data. Used by virtually every bank and building society in the UK, and supplied to the Bank of England, Financial Conduct Authority, Financial Ombudsman Service, HM Treasury, Prudential Regulatory Authority and UK Finance.

Our expert research team monitors the thousands of mortgages, savings, credit card, personal loan, business banking, life, pension and investment products in the UK.

Moneyfacts’ Star Ratings highlight the best quality financial products available based on an assessment of all their features and criteria. Moneyfacts Star Ratings logos act as an independent and impartial badge of approval and help customers easily spot which are the better deals to help them make important decisions with confidence.

The growing range of products currently assessed includes:

  • Personal Current Accounts
  • Personal Credit Cards
  • Business Current Accounts
  • Business Credit Cards
  • SIPP and SSAS
  • Equity Release
  • Home Insurance
  • Home Emergency Cover
  • Car Insurance
  • Travel Insurance
  • Pet Insurance
  • Private Medical Insurance
  • Unsecured Personal Loans
  • Landlord Home Insurance
  • Commercial Mortgage.

For more information about us please see our key facts.

To link to our website please use moneyfactsgroup.co.uk.

Broadcast

Our broadcast suite enables our finance experts to appear in-vision for television, and we regularly comment live on national and regional radio.

To arrange an interview for radio or television, please contact our press department. We have an in-house broadcast room.

 

Notes to editors

Pioneering financial comparison technology for over 35 years.

Moneyfacts Group plc is the UK’s leading provider of retail financial product data. Used by virtually every bank and building society in the UK, and supplied to the Bank of England, Financial Conduct Authority, Financial Ombudsman Service, HM Treasury, Prudential Regulatory Authority and UK Finance.

Our expert research team monitors the thousands of mortgages, savings, credit card, personal loan, business banking, life, pension and investment products in the UK.

Moneyfacts’ Star Ratings highlight the best quality financial products available based on an assessment of all their features and criteria. Moneyfacts Star Ratings logos act as an independent and impartial badge of approval and help customers easily spot which are the better deals to help them make important decisions with confidence.

The growing range of products currently assessed includes:

  • Personal Current Accounts
  • Personal Credit Cards
  • Business Current Accounts
  • Business Credit Cards
  • SIPP and SSAS
  • Equity Release
  • Home Insurance
  • Home Emergency Cover
  • Car Insurance
  • Travel Insurance
  • Pet Insurance
  • Private Medical Insurance
  • Unsecured Personal Loans
  • Landlord Home Insurance
  • Commercial Mortgage.

For more information about us please see our key facts.

To link to our website please use moneyfactsgroup.co.uk.

Broadcast

Our broadcast suite enables our finance experts to appear in-vision for television, and we regularly comment live on national and regional radio.

To arrange an interview for radio or television, please contact our press department. We have an in-house broadcast room.

 

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James Hyde Press & PR Manager
Rachel Springall Press Officer / Finance Expert
Caitlyn Eastell Apprentice Press & PR Assistant