The best pet cameras are among the best in the business, but some consumers are left with a lot to choose from.
Read more A new Australian Financial Reviews survey shows that nearly one in five people are now paying more for pet cameras because of their security features.
The survey, which surveyed over 10,000 pet shoppers from July 12 to July 15, also found that pet shoppers in the country are now spending an average of $5,000 more per year on their pet camera than they did last year.
For the first time in Australian history, more pet shoppers are spending more on pet cameras than they are on health insurance.
The survey found that just over one in four pet shoppers (24 per cent) are now buying pet cameras on their own, compared to 16 per cent in 2015.
Most of the people who were buying on their behalf in the past year were paying $300 or more per camera, but the number of people paying $2,500 or more has fallen by about 30 per cent.
In the first half of 2017, the average price per camera was $1,300, while this year the average is $1.50 per camera.
While this is not a new trend, pet owners are spending less on their cameras, especially compared to their health insurance costs.
According to the survey, about three in 10 pet shoppers now pay $1 or less for their pet’s health insurance, while the average amount spent on health insurers has fallen from $1 to $900 a year.
Some of the major benefits of a pet insurance policy are that it covers the cost of vet visits and veterinary care, but it does not cover the cost for repairs.
Pet insurance does not necessarily cover the full cost of a camera if it is damaged or stolen, as it does with a human’s camera, which can cost more.
Some of those who have a camera on their property may be considering getting a pet licence.
As with any insurance policy, it is important to understand what you are buying before buying.
If you are looking to buy an older model, you may want to look for one with a built-in warranty, which protects the camera against mechanical failure.
This is a cheaper option than a new model but may be less durable, and is generally only available through a pet health insurance company.
When choosing a pet CCTV, be sure to look at the cost per square metre (m²) as this is the cost that your pet will need to cover.
It can be a good idea to check with the owner of the pet, as pet insurance can also cover damages that occur on the camera itself.
Do you have a pet?
If you or your loved one have a cat or dog, make sure that you have your pet insurance policies up to date, so you can take the necessary precautions to protect your camera.