Whether or not you purchase pet insurance, it is an emotional and financial decision. It considers a lot of factors like your income, risk tolerance, savings as well as the breed and age of your pet, the amount you can spend on pet’s care and the kind of pet coverage you want to buy.
Generally, pet insurance covers the treatment and costs of accidents, routine wellness visits and illnesses of your pet. However, not all medications, services and treatments are reimbursed since every insurance provider offers different plans. Usually, exclusions include breed-related illnesses and pre-existing conditions. The majority of plans require a veterinary examination of the pet and completion of a health checkup form which must be submitted following enrollment.
There are many famous pet insurance companies out there. You just have to choose the one that offers coverage based upon your pet’s needs. You can obtain free quotes from different companies and compared their coverage. This allows you to end up buying the best policy for your specific situation. Typically, the payment per month ranges from $15-$50 depending upon your pet. Here are some tips to help you decide if you really have to purchase pet insurance.
You have a Dog
Pet insurance covers dogs and cats although number insurance providers also cover exotic animals. But, in general dogs have more active lives while cats just stay indoors. Such difference increases the possibility of a dog getting involved in an accident or injured. This is not to say that you do not have to purchase pet insurance for your cat. Indeed, insurance plan s for cats can be more affordable than plans for dogs. Check out PetPremium Pet Insurance Customer Reviews for some options.
You Own a Pet that is Pre-Disposed to A Specific Health Issue
A lot of breeds of cats and dogs have hereditary factors which may leave them developing disorders which could pricy to treat. For instance, hip dysplasia causes painful hip arthritis in a lot of dog breeds.
Your Pet is Young
While you can buy pet insurance for pets of any age, you can expect to pay lower premiums when your pet is still young and healthy. Keep in mind that pre-existing conditions could not be included in the coverage at any age.
As your pet ages, quoted rates are expected to be higher. A number of policies will automatically increase your rates when your pet gets old. Also, some pet insurance providers may turn your down if you have older pets.