Do I need pet insurance?
What is Pet Insurance?
Pet insurance helps cover the cost of veterinary care to keep your pets healthy. Most importantly, the right insurance plan can buy you priceless peace of mind. Pet parents who have insurance can go to the vet in confidence and get their pets the treatment they need without having to worry as much about the costs.
Insurance plans can be tailored to your pet’s age, potential breed-specific health conditions, existing health issues, and many other needs. You can insure multiple pets. Each pet may need a separate plan, but providers often provide a discount for each additional pet you insure. Whether your pet is susceptible to allergies, developing chronic conditions, or suffering from accidents due to over-activity, plans can offset thousands of dollars in costs.
Anyone who owns a pet should consider pet insurance. While it may be tempting to avoid the monthly costs while your pet is still young and relatively healthy, you can never anticipate what might happen as they grow older. Some conditions can develop rapidly, and accidents happen.
Most pet insurance programs are for dogs and cats, as they tend to be the pets that are most expensive to treat. However, there are plans out there that cover birds, reptiles, and other types of pets.
On a month-to-month basis, pet insurance works just like human medical insurance. You’ll pay a monthly premium to your insurer for coverage. You’ll also receive a detailed description of which conditions are covered and how much coverage you have in each instance. Coverage is usually calculated by a percentage of the cost of the treatment, for which you will be reimbursed by your insurer.