Pet Dog Accident Insurance Market Report 2026

The pet dog accident insurance market size has grown rapidly in recent years. It will grow from $3.92 billion in 2025 to $4.5 billion in 2026 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to rising pet ownership rates, increasing veterinary treatment costs, growing awareness of pet insurance benefits, expansion of urban pet care services, higher incidence of accidental pet injuries.

The pet dog accident insurance market size is expected to see rapid growth in the next few years. It will grow to $7.79 billion in 2030 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to increasing humanization of pets, rising demand for flexible insurance plans, expansion of digital insurance platforms, growing adoption among younger pet owners, increasing partnerships with veterinary clinics. Major trends in the forecast period include increasing adoption of digital-first pet insurance policies, rising demand for customizable accident-only coverage, growing use of ai-based claim assessment tools, expansion of subscription-based policy models, enhanced focus on faster claim settlement.

The increasing rate of pet ownership is expected to propel the growth of the pet dog accident insurance market moving forward. Pet ownership involves caring for a domestic animal, such as a dog or cat, by providing food, shelter, healthcare, and emotional support. The rise in pet ownership is driven by greater awareness of emotional and mental health, as more people seek companionship to alleviate stress and loneliness, acknowledging pets as important members of the household. Pet dog accident insurance assists owners in managing unforeseen veterinary expenses due to injuries, ensuring their pets receive timely and affordable care. For example, in March 2025, the American Pet Products Association reported that 94 million U.S. households own at least one pet, up from 82 million in 2023. This growth in pet ownership is thus fueling the expansion of the pet dog accident insurance market.

Key players in the pet dog accident insurance market are concentrating on strategic partnerships to broaden their distribution channels, improve service offerings, increase market penetration, and provide more comprehensive and accessible coverage options for pet owners. Strategic partnerships are collaborative agreements between organizations to achieve mutual objectives by leveraging each other’s strengths and resources. For instance, in May 2024, Unum Group, a U.S.-based insurance provider, partnered with Nationwide, a pet insurance company, to launch Unum Pet Insurance as part of its voluntary benefits portfolio. This offering delivers extensive pet coverage, including accidents, illnesses, and preventive care, with flexible reimbursement plans and 24/7 access to veterinary experts. By addressing rising pet care costs, the plan helps employees manage unexpected expenses and reinforces employers’ commitment to holistic family care, recognizing pets as essential family members and enhancing employee satisfaction and engagement.

In May 2023, JAB Holding Company, a Luxembourg-based investment firm with a substantial pet insurance portfolio, acquired Pumpkin Insurance Services Inc. for an undisclosed amount. Through this acquisition, JAB aims to reinforce its leadership in the rapidly growing pet insurance sector by integrating Pumpkin’s comprehensive accident-and-illness coverage for dogs, enhancing preventive care offerings, and expanding technology-enabled veterinary partnerships across North America. Pumpkin Insurance Services Inc. is a US-based pet insurance provider specializing in health coverage for dogs and cats, including accident, illness, and preventive care plans.

Major companies operating in the pet dog accident insurance market are Trupanion Inc., Anicom Holdings Inc., Lemonade Inc., Embrace Pet Insurance Agency LLC, Fetch Insurance Services LLC, Pethealth Inc., American Pet Insurance Company, PetSure Pty Ltd, Nationwide Pet Insurance Company, ManyPets Inc., Crum & Forster Pet Insurance Group, Figo Pet Insurance LLC, Agria Djurförsäkring AB, Pumpkin Insurance Services Inc., Prudent Pet Insurance Agency LLC, American Kennel Club Pet Insurance LLC, Spot Pet Insurance Services LLC, Pets Best Insurance Services LLC, ASPCA Pet Health Insurance, Healthy Paws Pet Insurance LLC, Petplan Pet Insurance, VPI Pet Insurance, PetFirst Healthcare LLC.

North America was the largest region in the pet dog accident insurance market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet dog accident insurance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pet dog accident insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The pet dog accident insurance market includes revenues earned by providing services such as surgical procedure coverage, accidental death benefits, post-accident rehabilitation and therapy, loss or theft protection, and medication and prescription coverage services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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