It’s never easy to admit when your pet needs health care, and it can be harder to pay for it. Fortunately, the cost of veterinary care has begun to go down in recent years. Still, plenty of emergencies could leave you with a hefty bill. Most times, you worry about what will happen to your pet if you aren’t able to cover the costs. Pet insurance might seem like an unnecessary expense at first, but now there are reasons worth considering.
This post will let you know if pet insurance is worth it. Therefore, if you’re an animal lover, stick with me till the end of this post.
What It Covers?
Now that you’ve got a crash course on the costs of caring for a pet, you’ll want to find out what pet insurance covers. A single insurance policy specifies the amount that the insurance company will pay for medical expenditures.
The following are often covered by accident and illness insurance:
- Bones that have been fractured
- Toxic substance ingestion
- Gum disease that affects the teeth.
- Chronic disorders include diabetes and other chronic illnesses.
- Hip dysplasia – a condition that affects only certain breeds.
- Medical aid
- Surgery
Aside from the above, there are other additional benefits. Below, we discuss these benefits extensively for you. They prove to you how pet insurance is indeed worth it.
Protects Against Large, Unpredictable Medical Bills
Your pets may sustain injuries or get sick more often than other animals. While this may feel burdensome to you, remember that accidents and illness can happen to any animal, large or small. In fact, a larger animal may require even more medical attention than a smaller one when an accident happens.
Insuring against that risk means being able to afford expensive surgeries or trips to a specialist without worrying. You know why pet insurance is so important if you’ve ever seen how much some veterinary bills run. Even if you have good health insurance coverage for yourself, your pet still needs coverage to incase of an emergency.
That way, if something terrible does happen, you won’t have to pay out-of-pocket. That will be a substantial financial burden, but it could also cause emotional distress from worrying about money. With pet insurance, you’ll never have to make that choice.
You can rest easy knowing your furry friend will be taken care of no matter what happens. With many plans covering preventive care services, you can feel confident that your pet stays healthy.
24/7 Emergency Vet Support
As much as we all love our pets, it’s sometimes hard to justify spending hundreds of dollars on an appointment. Pet insurance can help alleviate some of that financial burden by paying a portion of your vet bills. This could be in exchange for monthly premiums.
Also, while pet insurance isn’t cheap (the average annual premium is $300), it could be worth it in emergency cases. Just make sure you read through your policy carefully and choose a plan with benefits that fit your needs.
Again, keep in mind that not every veterinarian accepts pet insurance, so be sure to ask before scheduling an appointment. They also have 24/7 Emergency Vet Support.
Peace of Mind in Case of Accidents
Pet insurance gives you peace of mind. If your dog or cat gets sick or injured, he can get proper treatment without eating into your savings. The most exciting part is that most pet insurance is inexpensive and often paid in monthly installments. Therefore getting an annual policy doesn’t have to add much more strain on your finances.
In fact, depending on your plan, you might not pay anything at all until your pet needs it. You may also qualify for discounts on other services such as grooming or boarding when you signup with a provider.
Talk to your vet about whether pet insurance makes sense for you and which company would best suit your pet. They will know what type of coverage you need based on your pet’s age, breed, and health history.
No Waiting Period
One of the benefits of pet insurance is that many policies cover your pet immediately upon enrollment. This means you don’t have to wait a certain amount of time (often 30 days) after your pet’s coverage begins. Nevertheless, there are times when it makes sense to do so as it can save you more.
After that, you can put your pet under protection without delay if you sign up with a reputable provider.
Covers Pre-existing Conditions
Many insurance policies will cover any conditions your pet was born with. It will also cover the ones they develop while under your policy’s cover.
Pets can be born with genetic diseases such as hip dysplasia or heart conditions like mitral valve disease. Moreover, they can develop health problems at any time.
If you have a cat, there’s a good chance they have already developed an illness or injury. This happens by the time you get them home from their breeder. If your plan doesn’t cover pre-existing conditions, these issues could cost you thousands of dollars in medical bills.
Therefore, if you want to make sure your pet’s condition is covered, look into your plan’s coverage. Always make sure you do that before purchasing one. You should also know that most companies won’t provide benefits until after your pet has been diagnosed with a condition.
This means you’ll likely need to pay for veterinary services out of pocket before getting reimbursed by your insurer. So, although pet health insurance may seem expensive upfront, it might save you money in the long run. Whether or not you purchase pet health insurance depends on how much risk you’re willing to take.
Conclusion
Pet insurance is worth your money and time as long as you genuinely value your pets’ life. Though it may cost a lot, it’s only temporary. Over time, you’ll begin to enjoy the benefits of pet insurance and extend your pet’s lifespan.
Remember that your pet insurance’s relevance depends on the beginning in the long run. Always make the right choices from the startup.
