The Labrador Retriever is one of the most popular dog breeds in the UK. But how costly are they to insure? And which companies might give the best quotes?
In September 2020 The Pet Insurance Guide surveyed more 16 leading pet insurance companies to discover the relative cost of insuring more than 50 different breeds of dog. The survey had two aims
a) To identify which dog breeds were most and least expensive to insure
b) To identify which insurance companies might produce the best value quotes for each breed. (We did this by comparing the quote for a particular breed with the average quote for that insurer as we believe this shows how the insurer rates the risk posed by that breed.)
Pet Insurance Quotes for Labrador Retrievers
Labrador Retrievers are in the middle of the pack when it comes to insurance costs. They came 28th out of the 56 breeds we got prices for. On average they were slightly more expensive than the Springer Spaniel but slightly less expensive than the Staffordshire Bull Terrier.
We did though find that they were cheaper to insure than any other large breed of dog to insure, coming out at roughly the same cost as a large mixed breed dog.
How Different Insurance Companies Rate Labrador Retrievers
Lowest Risk Ratings
The five pet insurance companies which had the lowest risk rating for Labrador Retrievers and therefore most likely to give you a competitive quote were
Highest Risk Ratings
The five pet insurance companies which had the highest risk rating for Labrador Retrievers and therefore least likely to give you a competitive quote were
Lifetime Pet Cover
Although premiums will always be an important factor, you must remember that there are many differences between pet insurance policies. This means it is very important always to do your research thoroughly – and always read the small print!
A dog’s breed is only one factor that pet insurance companies use to determine premium (the other major factors are sex, age, postcode). However all other things being equal you are likely to get a more competitive quote for your labrador retriever from the companies listed as rating the breed as below average risk. So it is certainly worth checking them out!