When shopping for pet insurance it is essential to ask yourself one very important question: what does the policy cover? If you don’t know the answer to this question you should not purchase a policy. Just like any type of insurance, there are situations that will be covered as well as those that will not. Before we go any further, remember this: what your pet insurance covers is based largely on the company you select as well as the policy that you purchase. Generally speaking, a pet insurance policy covers three areas: routine care, illnesses, and accidents.
With many policies, this is an optional coverage. Although it may cost more money, it is well worth the added expensive. This coverage may include vaccinations, annual exams, teeth cleaning, and blood testing. Illnesses As unfortunate as it may be, your pet may get sick from time to time. If this happens, it is important to visit the vet immediately. Most common illnesses are covered by a pet insurance policy. Before purchasing, though, get a better idea of whether or not chronic diseases, such as diabetes and cancer, are covered.
No matter how careful you are, your pet may be involved in an accident at some point. From broken legs to cuts and everything in between, accidents do happen. There are comprehensive pet insurance policies as well at those that are known as “accident only.” Consider both options, including what they cover, before making a purchase. What are the coverage limits?
Just like your health insurance policy, there are coverage limits that will determine how much the insurance company will pay and what you will owe out of your own pocket. The higher the coverage the more you will pay per month. Can you visit any vet or are you restricted to those in a specific network? When shopping for a pet insurance policy, look for one that meets the following criteria:
- You can choose to visit any vet in your area. Do not buy a policy that requires you to use an “in-network” vet. This can greatly limit your options.
- Emergency care. Are you covered if you are forced to take your pet to an animal hospital after hours? You never know when your pet is going to get sick or be involved in an accident.
- Specialists. Although uncommon, your pet may need treated by a specialist. This could include veterinary oncologists (cancer) and veterinary ophthalmologists (eye care) among others. Without insurance, these visits can cost a lot of money.
Final tip: if you are having a difficult time choosing a pet insurance policy, ask your vet for assistance. He/she can provide you with information on the best providers, including details that may make your decision easier. Buying pet insurance is a great idea. It can help curb the cost of treatment for everything from illnesses to accidents. With the above advice, finding and buying a pet insurance policy should be a fast and efficient process.
- Keeping Your Furry Friends Safe: Pet Insurance in Australia
- Pet Insurance: What Should I Compare?
- Pet Insurance: What Does It Cover?
- How To Sensibly Compare Pet Insurance
- Pet Insurance In Australia: The Facts
This article is opinion only and should not be taken as financial advice.
Filed Under: Pet Insurance