Pet Insurance
Pets are like family. We know how difficult it can be when a member of the family becomes sick or injured. When you and your pet need us most, we’ll be there with comprehensive plans, robust coverage and a team of caring and passionate pet advocates—many who are pet parents themselves—to help. Call Us!
What is pet insurance?
Pet health insurance is a pet health policy that can be purchased for your dog or cat. Having good pet insurance provides peace of mind that you can afford to get your pet the best care in the event of a costly accident or illness.
While many people try to compare pet medical insurance medical insurance to human health insurance, it’s actually more like car insurance – it’s there to prevent financial upset in the event of something unexpected. Just like your car insurance doesn’t cover routine maintenance or any accidents you got into before purchasing the policy, pet insurance plans typically don’t cover routine care costs and pre-existing conditions.
How does pet insurance work?
Pet insurance varies by insurance provider and coverage selections.
In summary, this is how pet insurance works.
- Compare and find the best plan for you and your pet.
- Once you have selected your policy, you personalize your pet insurance plan by selecting your deductible, co-pay, or reimbursement percentage options.
- You pay the annual or monthly premiums and stay up to date with all the routine care and vaccines for your cat or dog.
- Should your pet become ill or injured, you can visit a licensed veterinarian for treatment.
- After seeking pet care, you submit a claim to your insurance company and will be reimbursed for treatment covered by your policy.
- Get reimbursed by your insurance provider up to 100% of the claim depending on the pet insurance plan you choose.
Types of Pet Insurance
Dog Insurance
The most common pet insurance in Usa , with an estimated 28-29 million overall pets in Usa, dogs make up a huge bulk of this number. Especially since the COVID-19 outbreak, this number saw a huge rise with a lot of people turning towards human's best friend. Most pet insurance plans available aim at dog parents who want to protect their precious babies from all possible harm.
Cat Insurance
All animals are lovely, and so many insurance providers have started offering benefits to people who have cats as their pets. If you’re a cat owner, your pet cat insurance will protect your fierce feline from all her adventurous falls and ensure her overall wellbeing.
What does pet insurance cover?
Pet insurance is an investment in your furry friend’s health. Pet insurance will protect your family from financial disaster if something happens to your pet.
Pet insurance is similar to human health insurance and varies between providers, plan options, and coverage. This is why it is important to do research to find the best coverage for you.
Pet insurance plans cover veterinary care defined by the policy. The most comprehensive plans will cover routine pet care throughout your pet’s life such as teeth cleaning, vaccinations, and check-ups. Some plans only cover specific things such as unexpected emergencies like illness or injury.
What doesn’t pet insurance cover?
Most pet insurance plans do not cover:
- Cosmetic, elective, or preventative procedures
- Breeding, pregnancy, or whelping
- Prescription diet food
- Vitamins, supplements, pet foods and personal care items like shampoo or ear cleaner
- Pre-existing conditions, including any genetic or breed-specific conditions
- Rewards provided to any person for finding the dog.
What is the best pet insurance?
The best policy is the one that is right for you based on you. Everyone’s budgets, needs, breed risks, and lifestyles vary. This is why it’s so important to compare pet health insurance plans before committing to an insurance company.
Choosing the best plan isn’t about finding the cheapest option. It’s all about finding the coverage that best meets your needs and budget without sacrificing your pet’s health. Pet insurance and customized wellness coverage ensure the best possible veterinary care throughout your pet’s life.
Pet Insurance Cost: How much is Pet Insurance, Is it affordable?
Pet insurance cost is based on your:
Pet’s age (older pets are usually more expensive)
Pet’s Breed (there are breeds that are prone to issues, due to hereditary diseases)
Location (if you live in a city where there is a high crime rate,
you will need to pay more than if you live in an area with low-crime or
in an affluent neighborhood).
An example is that a 10-year-old dog named Lola is spayed and is living in Houston, Texas. She is insured by Healthy Paws. The average monthly premium is $223.
The average cost of pet insurance varies from $15 to $200 per month. Dog insurance is a bit more expensive than cat insurance. But in general, the higher-priced plans have a higher deductible and will pay for more treatments before you pay anything out of pocket. The less expensive ones are not as comprehensive, and they are only meant to cover accidents.
What Are The Benefits Of Pet Insurance
The benefits of Pet Insurance:
- Enables pet owners to save money when their pet is injured or ill.
- Empowers pet owner to not have to choose between their financial stability and their pet’s life.
- Enables pet owners to focus on the health of their pet, rather than the costs of their care.
- Saves on additional treatment costs, like stays in the veterinary hospital or X-rays.
- Increases the treatment options available to the pet, including medically necessary surgeries and chemotherapy.
- Ability to treat pets for costly procedures like tick paralysis, cruciate ligament surgery, cataract removal, spinal surgery or FLUTD surgery.
- If your pet is lost or stolen, some pet insurance plans offer funds as a reward to the individual who has found it. Pet insurance can also help cover the cost of boarding kennels/catteries if you are hospitalised or help with legal costs if your dog causes any damage or injury to a 3rd party.
Is pet insurance worth the cost?
Our analysis of the costs and benefits of pet insurance concluded that coverage is unlikely to pay off if your pet has a typical medical life, as in occasional non-catastrophic illnesses or accidents.
Instead, a pet insurance policy will pay off financially only if your animal develops a serious — and probably long-term — medical condition, such as cancer, or suffers a catastrophic accident that requires major surgery. Depending on the type of pet owner you are, though, a policy may provide an emotional payoff that justifies getting it, despite the low odds that you’ll recoup its cost in premiums, deductibles and copays.
A willingness to pay for peace of mind increases the appeal of insuring your pet. Conversely, insurance may be less suitable if you’re the type of pet owner who might be less comfortable undertaking any or all steps to save the life of a very ill animal, especially when they’re old.
Cover your dogs and cats with Auto and General pet insurance. Keep them healthy, happy and safe. Serving people and their pets, request a free quote today.