hero image

If you have a pet or you are contemplating getting one, then getting pet insurance might be a good idea. It is in the interest of many pet owners in maintaining the highest health levels in their pets. However, this may end up being a costly affair and so having pet insurance will save you a lot of money.

Aside from covering the cost of expensive medical procedures and hefty vet bills, one of the other major benefits of having a pet insurance cover is the peace of mind that it offers. A pet cover ensures that pet ownership does not feel like a burden when the pet requires medical attention.

Pet insurance has the same goal as other types of insurance covers, which is to make sure that the applicant is not caught off-guard by hefty expenses that often happen as emergencies. So essentially, pet insurance makes pet ownership more affordable.

How pet insurance works

Pet insurance is not that different from health insurance for humans. The pet owner can choose the coverage options that they can afford or the option that best suits the needs of pets. However, basic pet insurance offering will cover illnesses and accidents.

Pet owners can also upgrade their pet insurance cover to include coverage for vaccinations and wellness checkups. You have the option of choosing the cover and additions that make the most sense to you. Deductibles and premiums for pet insurance are paid similar to how health insurance premiums are paid.

Factors to consider

There are a few things that a pet owner should know before applying for pet insurance. For example, pet insurance coverage features breed and age restrictions. Many insurance companies offer pet insurance starting from around six to eight months for cats and dogs. There is also a maximum age limit which may range from one insurance companies.

Pet insurance options that you may consider

Some reputable pet insurance companies exist in the market. Some of them include Embrace, Nationwide, Healthy Paws, and Pets Best. The insurance premiums differ depending on the type of pet. For example, base pet insurance plans for cats may start from as low as $9 per month, while monthly premiums for dogs may start from as low as $13. The monthly premiums may also go as high as $60 or more depending on the added options.