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Article: Vsurance, Inc. Capitalizes on Tremendous Market Opportunity for Pet Health Insurance in the United States.
- Article from:
- Business Wire
- Article date:
- September 28, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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American Pet Owners Turn to Pet Health Insurance in Record Numbers Due to Rising Veterinary Costs
SANTA ANA, Calif. -- Vsurance, Inc. (OTCBB:VSUR), a leading provider of pet health insurance through its Get HIP Health Insurance for Pets program, is fast becoming a leader in the rapidly growing U.S. market for pet health insurance.
Americans currently spend an astonishing $41 billion annually on their pets, a number that is expected to rise to $52 billion by 2009. Veterinary Care ranks as one of the largest expenses, which the American Veterinary Association reports costs pet owners more than $18 billion annually.
The market for pet insurance is ...