IMPORTANT FACTORS TO CONSIDER WHEN CHOOSING PET INSURANCE
Thanks to advancements in veterinary care and a wider range of high-quality nutrition for animals, our pets are enjoying longer lifespans compared to in the past. However, the cost of owning a pet has increased, with the price of food, toys, accessories, and vet care all adding up over time. A good pet insurance policy will give you the peace of mind that you need when it comes to planning for your pet’s healthcare and ensuring that you can deal with any unexpected costs. Here are some top tips to help you choose the best insurance for pets.
#1. Compare Providers:
Whether you are looking for dog insurance or cat insurance, the best way to go about getting insurance for pets of any kind is to first compare providers, so that you can see what’s on offer and choose the policy that best fits your needs and budget. A side-by-side comparison will show you the main differences in policies, premiums, plans, deductibles, exclusions, and additional features.
#2. Research the Insurer:
So, you’ve found an insurance company that appears to provide the perfect policy for you and your pet. But, before you sign up for insurance for dogs, insurance for cats, or both, you’ll need to make sure that you are going with a company that you can rely on. You can find reviews for insurance providers such as everypaw.com online, giving you a clearer idea of their track record and allowing you to learn more about the experiences that their past and current customers have had.
#3. Know What’s Covered:
If you’re looking for puppy insurance or kitten insurance, it’s important to know what’s covered and when you will be able to make a claim. In most cases, your insurance will not cover any injuries or illnesses within the first two weeks after signing up, so you’ll need to do this as soon as possible for your new puppy or kitten – ideally, as soon as they are eight weeks old or earlier, if your insurance company will allow it. If you’re insuring an older pet, check for any restrictions on pre-existing conditions. Past injuries or illnesses that your pet already suffers with may not be covered under a new policy and may require additional purchases.
#4. Choose Reimbursement That Works for You:
There are generally two ways in which insurance companies can provide reimbursement; they will either use a percentage of a veterinary invoice, or an annual benefit schedule. If you choose a percentage of invoice plan, your insurance company will pay you a percentage of the amount you paid your vet for treatment. Some companies may be able to pay the vet directly, leading to less hassle for you. Or you can opt for a benefit schedule of allowances, which lists everything covered under your plan, with a set annual amount for reimbursement.
Getting a pet is a huge responsibility with a lot of associated costs. So, make sure that you have a good insurance policy to cover your four-legged friend.