Pet insurance: a topic that would seem insane 20 years ago is now a booming industry with one million pets and counting covered by insurance. Revenue for U.S. pet insurance plans was more than $300 million in 2009 is predicted to reach $753 million by 2014, according to consumer research firm Packaged Facts. But does pet insurance make sense for you?
Dan Danford, CFP® and Principal/CEO of Family Investment Center, shares his financial tips on whether owning pet insurance makes financial sense.