We love our pets. Most of us consider our pet a member of the family. But if your pet should become sick or injured, the vet bills can run into thousands of dollars. Having medical insurance for your pet can literally be a lifesaver. Choosing an insurance plan for your pet requires a little research to find the best plan for you. Here are some things to consider.
Most insurance companies offer multiple plans with varying coverage limits and deductibles, and prices can vary according to breed and age. Some hereditary and congenital conditions may be excluded as well as pre-existing conditions. Wellness care, prescription drugs and dental coverage are options that some premium plans offer.
Some companies offer direct payment to the veterinary hospital while others require you to pay up front with reimbursement which can take varying amounts of time.
When choosing an insurance company, be sure to read the fine print carefully as exclusions may apply. Consider the various deductible options and how they apply, for example per condition or per year. Check to see if a previously covered condition becomes a pre-existing condition when the policy renews or if you change your coverage.
Fortunately there are a number of reputable pet insurance companies available today offering multiple coverage options so it is wise to do some research before you choose. Having a plan can relieve you of potential financial stress and/or having to make difficult decisions. The peace of mind can be priceless.