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Embrace Pet Insurance's Insightful Look into 2024 Trends

Embrace Pet Insurance, a prominent provider in the field of pet health insurance in the United States, has recently revealed its findings on the most popular pet names and breeds for the year 2024. This annual report sheds light on the evolving landscape of pet ownership and the increasing reliance on pet insurance, showcasing how pet parents are valuing their furry companions' health and wellbeing.

Top Pet Names of 2024

Among the most popular names for pets in 2024, "Luna" and "Bella" continue to reign supreme. However, emerging trends have seen names inspired by pop culture gaining traction. Notably, names linked to Taylor Swift, such as "Willow," have risen by an impressive 21%. This reflects broader cultural influences where celebrity names transcend into daily life, showcasing the intersection of fandom and pet ownership.

New names that have caught attention this year include:

• - Dogs: Charlie, Daisy, Lucy, Cooper, Max, Bailey (new entry), Milo, and Coco.
• - Cats: Oliver, Milo, Leo, Bella, Loki, Charlie, Lucy, Pepper, and Mochi (new entry).

Interestingly, some unconventional names preferred among the staff included quirky choices like "Billie Eyeless" and "Meowchelle Obama," illustrating the playful spirit of pet owners.

Insured Breeds on the Rise

When it comes to breeds, mixed breeds dominated the dog category, followed by popular choices like Labrador Retrievers and Goldendoodles. The year 2024 saw a 10% increase in Goldendoodle registrations, indicating a growing preference for this friendly and intelligent breed. Meanwhile, registrations for traditional breeds such as the German Shepherd and Siberian Husky have seen notable declines, with drops of 24% and 28%, respectively.

For cats, domestic or mixed breed felines soared with a remarkable 25% increase, while Maine Coons and Siamese cats remained favorites among cat parents. Interestingly, the popularity of tabby cats surged by 58%, showcasing a clear trend in adopting these charming companions.

Analyzing Claims and Costs

As pet insurance continues to integrate into the pet care culture, Embrace processed a staggering 1.2 million claims in 2024. The average cost per claim stood at $445 across various states, highlighting the growing importance of pet insurance in ensuring the well-being of pets. The most common claims included allergic dermatitis, diarrhea, and osteoarthritis, with costs particularly high for conditions such as vomiting and cranial cruciate ligament tears, the latter averaging $1,447, up 5% from the previous year.

Additionally, the highest individual claims recorded were for serious health issues, including a Rhodesian Ridgeback's treatment for pancreatitis amounting to $41,339, and a French Bulldog requiring extensive treatment for intervertebral disc disease costing nearly $39,000. Embrace paid out a total of over $212.5 million in claims last year, emphasizing its commitment to supporting pet owners in financial need during veterinary emergencies.

Record-Breaking Insights

2024 was a hallmark year for pet health insurance, with notable policies demonstrating the commitment of policyholders to their pets’ health. One policyholder had a record 20 insured dogs while another had 18 insured cats, showcasing the lengths pet owners are willing to go to ensure comprehensive care.

On the geographical front, Embrace noted that the zip codes with the most insured pets included Ewa Beach, Hawaii, and San Antonio, Texas, reflecting diverse pet ownership landscapes across the country.

Conclusion

Reflecting on these trends, CEO Brian Macias expressed pride in Embrace's role in advocating for pet health, stating: "2024 was a remarkable year for Embrace, reflecting the growth of our community of pet parents and the increasing value placed on pet health and wellness. With over $212 million in claims paid last year, our commitment to supporting pet parents has never been stronger."

Embrace Pet Insurance continues to innovate within the pet insurance space, offering not only coverage for accidents and illnesses but also unique wellness rewards programs, enriching the overall pet care experience. For more insights about pet insurance or to explore coverage options, visit EmbracePetInsurance.com or call (800) 660-3817.