Pet insurance cost for dogs concern? High cost to hire a vet? Worry No more; Pet insurance
is at your rescue!
Affordable Pet Insurance
Do you know that Pet insurance is relatively cheaper than that of your home, health, or your car
insurance? Although many pet or dog owners are not aware of Pet insurance, the few who have
already subscribed can tell the benefits associated with it.
However, if you have not yet registered for a veterinary treatment, luckily, you aren’t alone since a
recent North American Pet Health Insurance Association statistics have reviewed that out of
approximately 67% of pet owners in the U.S.A, only 2 % of those pets have been insured.
However, when you considering the considerable cost associated with hiring the vet care
services, Pet insurance becomes the most affordable and secure way of protecting your lovely
pet in case of exposure to some risks.
Petfinder has estimated that regular vet visits cost $60-$400 for cats and $40-$200 for dogs,
and this depends on the age of your pet. Besides, an emergency vet visit cost can escalate to
about $2,000 or even more for a serious issue on your dogs or cats.
Pet Insurance worth for your Pet and Your Savings?
Let us start by understating how your pet insurance work. In the same way to the individual
health insurance, your pet insurance company plays a significant role in alleviating some of the
unnecessary costs associated with keeping our pets healthy. Pet insurance include different
coverage levels so that you can choose the most suitable plan for your pet based either on
monthly or yearly premiums.
The extent of coverage for Pet insurance cost for dogs also varies from one insurance cover
to another. For instance, some policies only cover common scenarios such as injuries and accidents,
while others cover whole situations such as accidents, hereditary conditions, trauma, among
many more. Remember, a comprehensive plan is more expensive than the essential insurance covers.
However, it is essential to note that most insurance plans include a deductible amount of a
certain amount of money that the pet owner ought to pay before the commencement of the
coverage. For instance, depending on your policy of choice, these charges can range from $0-
$2,500 annually. Note that the higher the deductible plan you subscribe, the higher the
percentage of your insurance money you will get back.
How is a Payment Made in the Pet Insurance?
It is important to note that there exists a difference between personal health insurance and your
pet’s insurance. For instance, personal private insurance involves paying a certain amount of the
bill when you visit your doctor, and the insurance company covers the rest. In contrast, the pet
insurance consists of the pet owner paying the full amount when you take your pet to a vet, but
the pet owner later claims for the refunds by submitting a claim form.
It, therefore, means that pet insurance, to a great extent, depends on reimbursement, which means
that you will receive a certain percentage of the total amount incurred. Depending on the policy
of your choice, you can receive your money refund from say 30-100% of the total incurred treatment
cost. Note you will be required to notify your company if you are claiming personalized quote.
These quotes will be calculated according to your pet breed, age and the location of your pet
since pet treatment cost varies from one place to another.
How Much Should the Pet Insurance Cost?
Just like various factors determine the human health insurance cost, the pet insurance cost is also
affected by factors such as the age of your pet, breed, location, pre-existing health conditions,
among others. However, recent consumer reports have shown that the average pet insurance cost
is approximately $ 25 per month, while that of a cat is about $ 18 per month. Exotic pets (which
are pets apart from cats and dogs), which may include the rabbits, ducks, reptiles, among others,
have limited coverage, although you can still find one.
What are the Benefits of Acquiring Pet insurance for your Pet Today?
Pet insurance has relatively lower premiums. For instance, if your pet is relatively younger, has
no pre-existing health contains like hereditary conditions, your comprehensive pet insurance monthly
cost can be lower than your meal. Definitely an excellent way to protect your loved pets, especially
during an emergency.
Pet insurance cost for dogs includes the most reasonable deductibles. When you compare the
cost of hiring a vet for your pet and the deductibles you make every month, you realize that deductibles
are much affordable. For instance, in case your pet gets involved in an accident, without insurance coverage,
you will be forced to pay the entire bill, and without refunds, and it happens when you aren’t well prepared,
might drain much of your money. You have the authority to choose the vet you want.
One of the most exciting parts of subscribing to a pet insurance company is that you are the one
to choose the vet to treat your pet. Generally, insurance companies do not have a specific
network of vet personals, so they also rely on services from professional vet expects. It,
therefore, means as long as your vet is covered, it will be eligible for treatment by the vet of your
choice. After you cater to the treatment cost, you are required to submit the claim form to the
company for a specific percentage reimbursement.
You are more Likely to Take Extra Care of Your Pet.
According to the North American Pet Health Insurance Association reports, pet owners having
their pets insured will most likely take their pets for medical checkups and treatment than those
without such insurance. Sincerely speaking, no pet owner wishes to have their pet fall sick only
to end up incurring substantial treatment costs. Still, when it is inevitable, pet insurance can save
you from falling in the debt trap due to the catastrophic medical bills. A recent U.S.A report on
pet insurance has reviewed that investing a few coins in your pet insurance can save you from
making painful decisions such as the “economic euthanasia,” for your pet.
Pet Insurance comes with Secure Comparable Options.
Most pet insurance is straight forward, unlike those on human health. Policies are not only easy
to compare but affordable. For instance, you can enter into a non-commitment quote from more
than one pet insurance company within spending most of your precious time doing the same
thing, and this makes the process even interesting. It is the right time to acquire a pet insurance
cover for your lovely pet today.
