First pet stores began selling clothes for pets. Then kennels upgraded from a wire cage to four-star hotels for man's best friend. Now you can even buy insurance for your four-legged friend. Everything from health insurance to third party insurance for the family pet is getting to be big business in the animal world.

Pet owners can find insurance for a myriad of pet related problems. For example, assistance in finding Fido if he goes missing; third party insurance in case Rex gets a little perturbed and bites the neighbourhood bully; life insurance. All are valid reasons to consider buying pet insurance. But like insurance for your family, you should research the different insurance companies thoroughly before plunking down your hard earned money. So how do you decide what insurance company to go with and what type of insurance you are likely to need? Easy