Yes or No: The Pet Insurance Question

Pet insurance can defray the cost of veterinary careWe all want to do the very best we can to provide health and happiness for our pets. They’re members of the family, after all! And we’re fortunate that in this day and age, we all have access to the very best in advanced medical care for our pets, from puppy or kitten-hood to adulthood and into their senior years. But this advanced care doesn’t come without cost. And with average annual pet care costs topping $1800, taking great care of our pets can put a significant financial strain on many families.

That’s where pet insurance comes in. Just as human health insurance is designed to offset our own health care costs, pet insurance can ease the financial burden of unexpected injury or major illness in our pets. But is it worth it? Here, The Bluffs Pet Clinic lays out the basics so that you can begin to weigh the costs and benefits for your situation.

Pet Insurance 101

Pet insurance is usually designed to help pet owners meet the costs of unplanned injury or illnesses. Some pet insurance plans also cover wellness care, such as dental cleanings, exams, and vaccinations. However, those plans are typically more expensive on a monthly basis.

Unlike human health insurance, most pet insurance companies expect you to pay for veterinary services up front and then submit bills to them for reimbursement.

Leg Work

Selecting a pet insurance company is an individual choice, and so it’s important to do some preliminary research and make a selection based on your needs. Many of our team members have purchased pet insurance for their own pet companions, so if you have questions, give us a call.

When researching, consider comparing the following points:

  • Monthly premiums/ costs
  • Deductible amounts
  • Waiting periods
  • Exclusions
  • Lifetime limits
  • Payout maximums per incident
  • Add on costs
  • Pre-existing conditions
  • Age limits

After you’ve looked at these points, call your top three companies and talk to them. Customer service is key, so make sure you like the service provided and that all your questions are answered. Lastly, looking at online reviews from other consumers can be enlightening.

Peace of Mind

Perhaps the biggest benefit of pet insurance is the peace of mind it can afford you. If your pet is critically injured and needs to be hospitalized, or is diagnosed with a major illness such as cancer, pet insurance can allow you to focus on what’s most important – your pet’s care – instead of how you will pay for treatment.

If you have other specific questions about pet insurance, please don’t hesitate to contact us.