10 Best Pet Insurance Companies of February 2022 | Smart Change: Personal Finances
Pet Insurance FAQs
How much does pet insurance cost?
The pricing of your pet insurance premium will depend on many factors: 1) the type, sex and breed of your pet; 2) your pet’s age; 3) your location; 4) types of coverage; 5) deductible and level of reimbursement. The more expensive where you live, whether in California or New York, the more expensive your pet insurance will be.
Is pet insurance worth it?
Whether pet insurance will pay off for you depends on your needs and your pet’s health needs. Before you try to enroll your pet in a plan, consider its costs versus its potential benefits. Any pet insurance coverage provides a service that isn’t measured in dollars – giving you the peace of mind of knowing you won’t be dealing with expensive veterinary bills alone.
What does pet insurance cover?
It depends on the specific plan. Standard pet health insurance will cover most accidents and injuries. However, you can also purchase a policy that only covers routine vet visits for checkups and vaccinations, commonly referred to as wellness plans. “Things like ultrasounds, blood tests or procedures like MRIs or CT scans – they are now available [for pets]”said Dr. Jerry Klein, chief veterinarian of the American Kennel Club.