Pets Best Statistics

Pets Best released some interesting 2012 data:

• claims were filed on nearly 50% of pets they insure
• among these pets, an average of 4.75 claims were filed
• pet owners who filed claims requested any average of $1,717 throughout the year

So if we take our estimate of 100,000 active policies for Pets Best, that means:

• claims were filed on about 50,000 pets
• about 237,500 claims were filed last year (50,000 x 4.74)

That’s a whole lot of claims to process.  Pets Best has a wellness plan and those types of claims should be simple to process, but that still leaves a lot of forms to be reviewed.