A New Fur-Ever Love: Pet Parents Prefer to Spend Time with Pets Over People, According to New MetLife Pet Insurance Survey
February 02 2023 - 10:30AM
Business Wire
As Feb. 14th approaches, nearly half of pet
parents prefer their pet over a person as their Valentine
With Valentine’s Day on the horizon, pet parents around the
country are replacing flowers and chocolates with kibble and chew
toys. MetLife Pet Insurance’s new Pet Parent Pulse Survey reveals
many people prioritize their furry friends over their human
connections, with eight-in-ten pet parents revealing they’d rather
spend time with a pet than go on a first date. What’s more – 42% of
pet parents surveyed said they would rather have their pet as their
Valentine instead of a person.
Pets are more than just animal companions. Most respondents
(78%) consider their pet to be their child, with 69% stating they
love their pet more than some family members.
“Love is in the air this Valentine’s Day – and comes in many
forms,” said Brian Jorgensen, Head of Pet Insurance at MetLife.
“Our recent MetLife Pet Insurance survey reveals just how special
the companionship and connection between pets and their parents
are. In fact, nearly one in six respondents said they tell their
pet they love them more than they tell their partner!”
As part of the survey findings, single pet parents were more
likely than married pet parents to prefer pet companionship to
human interaction (82% to 75%, respectively). Additionally,
Millennials (25-40-year-olds) were also more likely than older pet
parents to prefer spending free time with their pets instead of
people (83% of Millennials compared to 71% of pet parents aged 57
and up). Divorced/separated pet parents, by contrast, were most
split in their perspective, with just over half indicating they
would prefer a pet Valentine over a human one.
While there is no question that the bond between pet parents and
their animal companions is strong, over half of pet parents (54%)
worry about being able to care for their pet in the future with
current economic uncertainties. Pets can be expensive – beyond the
Valentine’s Day gifts. The average pet parent will spend just under
$1,500 a year, with the biggest expense after food being vet care.
To support these pet parents, MetLife Pet Insurance offers an array
of pet insurance plans that allow them to take the steps necessary
to safeguard their pet’s health while also easing their financial
burden.
“Every year, Valentine’s Day serves as a loving reminder to
spend time with those we care about most. As our survey shows, this
includes pets,” Jorgensen explains. “One of the greatest acts of
love a pet parent can take is to ensure the health and safety of
their pet. MetLife Pet Insurance provides pet parents with the
support they need to care for their pet without breaking the
bank.”
To learn more about pet insurance, visit
Metlifepetinsurance.com/monthoflove. To get a customized quote to
meet your pet’s needs, click here.
Research Methodology On behalf of MetLife Pet Insurance,
CITE Research (www.citeresearch.com) conducted an online survey
among 1,001 U.S. adult pet parents in January 2023. Respondents
were screened to be at least 18 years of age and currently own a
pet.
About CITE Research CITE Research Inc. is a tactical
global market research firm specializing in quantitative and
qualitative market research. We empower our clients with dynamic
research targeting the platforms that matter most for brands on a
global scale. A strategic partner to Fortune 500, non-profits and
start-ups, our research solutions help companies reach and engage
consumers, influencers, customers, analysts, and media. For more
information, please call 646-206-9017 or visit
www.citeresearch.com.
About MetLife Pet Insurance Solutions, LLC MetLife Pet
coverage is underwritten by Metropolitan General Insurance Company,
a Rhode Island company, or Independence American Insurance Company,
a Delaware company. MetLife Pet Insurance Solutions LLC is the
administrator for this coverage. The entity may operate under an
alternate, assumed, or fictitious name in certain jurisdictions as
approved, including MetLife Pet Insurance Services LLC (New York
and Minnesota), MetLife Pet Insurance Solutions Agency LLC
(Illinois). For more information, visit
https://www.metlifepetinsurance.com/.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230202005640/en/
Delaney Crowe 571-577-7997 delaney.crowe@ruderfinn.com
MetLife (NYSE:MET)
Historical Stock Chart
From Mar 2023 to Mar 2023
MetLife (NYSE:MET)
Historical Stock Chart
From Mar 2022 to Mar 2023