If you are considering a pet health insurance policy for your pet, then take the time to carefully research and compare your options. There are a vast number of companies out there that offer pet insurance and a menagerie of coverage. As with human health care plans, it can be a bit confusing.
Pet insurance can give you peace of mind. Without financial restraints, you would be able to tell your veterinarian that you want the optimal care for your pet. Being able to afford the diagnostic tests that give you and your veterinarian the answers you need, can give you comfort. Setting money aside monthly for unexpected veterinary expenses can be valuable for unexpected illnesses or surgeries, but some can run into the thousands to treat.
The standard procedure for pet insurance companies is that you pay for the veterinary services and then submit the paid invoice to your pet insurance company for reimbursement. Most pet insurance companies have major medical medical policies and comprehensive plans. On average, you can expect to pay a monthly premium of $25 - 70 for dogs and $10 - 40 for cats. The rates vary depending on age, breed, location where you live, and the health record of your pet. Some companies have caps on their policies, others not. Once you have narrowed down your choices you should get quotes before finalizing the company you choose.
Make sure when you are reviewing companies that you are not on a pet insurance sponsored site. Find out how long the company has been in business. New companies can offer lower premiums than the more long-standing businesses but then increase their premiums drastically to cover their costs. And if you start with one company, switch because you don't like the premium increases, those records will be transferred and might fall under "pre-existing" conditions. Also, conditions such as allergies are usually considered "non-curable" and pre-existing for life.
So do your homework, read client reviews and ask around. Choose your pet insurance wisely.