Your pets are your family, your home is their home, and as a pet parent, you want to make their lives happy and comfortable. Keeping your pets healthy is a top priority. However, in recent years, pet healthcare costs have gone up, making it less affordable for everyone to give their pet the best care.
Annual expenses on your adopted pets can range from $400 to $1200. It goes even higher for any pets you purchase. Affordable pet insurance is a must to protect your pet's health and safety. Let's learn a bit more about pet insurance and why you need it.
Pet insurance is health insurance for your pets. It is designed similarly to human health insurance. It helps you by covering costs associated with different types of veterinary treatments and pet illnesses.
Good pet insurance offers affordable premiums and deductibles for generous coverage on illness and accidents. Some policies only cover veterinary costs with specific vet networks, while other policies give you more flexibility. Pet insurance also provides preventive care coverage and add-ons.
The coverage you get depends on the plan you choose. For example, an accident-only policy covers emergencies. A plan that offers accident, illness, and wellness coverage will provide better protection. Pet insurance typically covers:
Some insurers will not cover everything listed above, and that may mean having to buy them as additional riders.
The average cost of pet insurance covering both accidents and illnesses is $49 for dogs and $29 for cats monthly. Pet insurance premiums vary greatly, with rates being about 60% more expensive for dogs. An accident-only coverage will save you some money.
Your insurer will look into your pet's medical history, age, location, and budget to quote you a premium. Your pet insurance can also vary depending on the breed of your pet. Golden Retriever dogs usually have higher premiums, and British Shorthair cats have the highest premiums.
Pet insurance companies will ask you to pay out of your pocket when your pet gets discharged. Once done, fill out your claim, and then you'll get reimbursed once the claim has been processed.
It may not be easy to find insurers that provide insurance for exotic pets. Few offer protection for pets that aren't feline or canine. Always do your research on healthcare and budgeting before you adopt an exotic pet.
|Bloat & gastric dilation||$5000||$500|
|Abnormal urination in male cats||-||$500|
Treatment costs of common ailments are costly and can burn through your savings. Having pet insurance makes it easier for you financially and you can be better prepared for anything that turns up in the future. Your insurance also helps you cover more expensive ailments like fractures, cancer, or underlying genetic disorders.
Pet insurance is your one-stop solution to protect your furry family members from dangers. A healthy and happy pet can, after all, make your day!