Should I purchase pet insurance for my dog or cat, is it worth it?
Pet insurance is for those who want to provide their pet with the best possible medical care with the least worry about the costs associated with it. The way it works is very simple. After your visit to a clinic or veterinary hospital, you simply submit your invoice along with the pet health insurance application form. You will then be reimbursed according to your selected coverage.
This type of insurance has existed for about 10 years. Its main purpose is to help cover the costs of unpredictable accidents and illnesses that may occur in the course of your pet's life. It is not uncommon to see a young dog in need of surgery after ingesting a stuffed toy. We regularly see the famous urinary blockages in male cats. Either of these cases is considered an emergency and must be dealt with promptly. Unfortunately, the cost of such an emergency can reach hundreds of dollars for the diagnosis, treatment and care needed afterwards.
Remember that pet insurance works in much the same way as your car insurance. The majority of insurance for cats or dogs cover your pet’s medical problems that are "out of the ordinary". Just like automobile insurance that does not cover your oil change or tire rotation, if you have an accident and need to have your car repaired, insurance allows you to do so. Similarly, pet insurance applies for the "out of the ordinary" care of your pet. On the other hand, there are however insurance premiums that do cover vaccinations, prevention and even teeth cleaning. Therefore, all you have to do is simply shop around for the insurance premium that suits your needs as well as those of your pet.
It is important to know that the moment you choose to insure your pet, his pre-existing medical conditions will unfortunately not be covered. As an example, a dog known to have an allergy problem will not be covered for any problem falling under this condition. This means that the ideal time to insure your pet is as soon as possible so that it is covered from muzzle to tail.
Perhaps you have already had to pay a considerable amount of money for a given situation (accident or illness) and then, in hindsight, you probably thought that insurance would have been practical. You are afterwards probably more receptive to insuring your pet as you do for your car, or in certain cases it may already be done.
Conversely, we see many animals with little or no health problems and owners who have never been faced with an unexpected bill at their veterinarian. It would be easy to believe that if nothing has happened in the past that nothing will happen in the future, so why spend for insurance? Unfortunately, no one can predict the future and, after the fact, it is often too late to change your mind about insurance for your cat or dog.
Surveys were conducted with animal owners to find out how much they would spend to save their sick or injured animal. A large percentage of pet owners responded that they would be willing to spend "any amount" to save their pet. However, in reality, when they have to make this decision after receiving the cost of a diagnostic and treatment plan for their animal, it is no longer a theoretical question in a survey, but the reality and many have difficulty making the decision when faced with the costs involved.
Routine veterinary care, such as vaccines, annual consultations, and heartworm or tick prevention treatments are not covered by most pet insurance plans. The best advice we can give you for this kind of routine care is to plan an annual budget of about $350 for dog care and $250 for a cat. If these fees are already included in your monthly budget, about $30 a month for a dog and $20 for a cat, you will not get any surprises during your pet's annual visit at the vet.
We insure our cars, our houses, our goods ... why not our animals? Although this is a relatively recent service, we feel it is important to talk about it and to inform you, pet owners.
We are seeing more and more pet owners getting insurance for their pets because they realize the benefits of having financial protection to help them provide health care for them. Pet owners and veterinarians may benefit from receiving payments from a third party (the insurance company) to help pay for pet health care, but we are confident that the real winners will be pets themselves.
Do not hesitate to call our team for more information about pet insurance.