People buy pet insurance for peace of mind. True, insurance can cover things like emergency care, cancer treatments, some surgeries and prescriptions. But the devil is always in the details: Some policies exclude specific breeds. Reimbursement might be capped per year or per diagnosis. And the list goes on.
You could get the one that is going to eat his toys, roll with the porcupines, develop kidney disease, or help himself to your favorite chocolate bar.
Heather Pendley, who lives just north of San Diego, currently has insurance on her two dogs. But she has waffled over the years. She described having had a cat that used up its nine lives, each with an expensive vet visit. Then the family took out insurance when they got a puppy, and it helped with one surgery, but as the dog aged, the premiums became cost prohibitive.
She says she compared two or three companies and chose Figo. Pendley also has a premium Petco Vital Care membership. We love our pets, but they are expensive. The organization also reports that since the average annual growth rate of insured pets is Linda Chavez encourages people to compare policies from various companies.
Ask your vet for advice and talk with pet-loving friends about their experience. Also check online information and reviews. Pet Insurance Review, for example, corrals information from 17 companies. Pawlicy Advisor is another resource. Pricing for insurance takes into consideration:. Also, pricing is a balancing act of premium what you pay each month , deductible how much you pay before insurance kicks in , and benefit caps the total an insurance company will pay.
