Have a new furry family member? We highly recommend purchasing pet insurance for your dog or cat. Just like people, pets may also have injuries or illnesses that occur unexpectedly and bills can pile up. Securing pet insurance will put your mind at ease when your pet gets sick or has an injury and will allow your pet to get the care they need. Unlike health insurance for people, you usually have to pay vet bills in full and wait for reimbursement by your pet insurance plan. There are three types of plans:
Almost all policies exclude pre-existing conditions. When evaluating your options, there are several important considerations that vary across pet insurance plans:
The cost of pet insurance varies depending on your pet’s breed (purebreds cost more since they are more prone to some hereditary conditions), age, geographic area and depending on the coverage options you choose (e.g., deductible, reimbursement rate).
We recommend a visit to the Pet Insurance Review website, which is a good resource to help you select pet insurance for your new furry family member. Simply enter your pet’s information to compare across available pet insurance plans and pick the right one for you.