The U.S. mainland’s $300 million pet insurance industry is adding a new market to its footprint, with the expansion of Seattle, WA-based Trupanion’s expansion into Puerto Rico, effective immediately.
Trupanion is the first pet insurance provider to offer a policy to dog and cat owners in Puerto Rico. Its offers cat and dog insurance coverage throughout North America, and because it is self-underwritten by the American Pet Insurance Company, Trupanion is able to “offer a simple, customizable pet insurance policy with no payout limits and 90 percent coverage of veterinary bills,” according to the company’s website.
Pet insurance covers the cost of unexpected accidents and illnesses in pets. Trupanion offers a lifetime pet insurance policy for dogs and cats with 90 percent coverage and no payout limits per claim or per year.
While pet insurance has been available in the United States for decades, no provider has ventured into the unincorporated territory of Puerto Rico until now. However, it remains to be seen how many island veterinaries accept the policies once purchased.
“This expansion will allow us to meet the needs of thousands of pet owners who have not had access to pet health insurance in the past,” said CEO Trupanion Darryl Rawlings. “We look forward to adding many of these pet owners to the Trupanion family.”
Island residents can obtain free quotes and enroll online at www.trupanion.com, or by phone at 800.569.7913.