How to Choose the Best Pet Insurance Policies

 

Pet insurance is not cheap, but it doesn’t have to cost an arm and a leg to get good coverage. With the right amount of coverage (and fewer exclusions), any pet owner can find the best possible pet insurance policy for his or her pet. The pet industry has boomed greatly in the past couple of years, so pet owners haven’t really had much more choices to choose from, either. To help you choose the best policy for your pet, we rounded up the best pet insurance companies using a statistical scoring method that evaluates policy offers, value, pricing, support, customer service, etc. We hope that this article will be helpful to you as you shop around for the perfect pet insurance policy for your pet.

One of the first things that you’ll want to think about before deciding on a pet plan is what type of coverage does the company offer. Most companies offer basic coverage for illness, injury, emergency procedures, surgery, prescription drugs, and emergency boarding, grooming, and medical vet visits. Depending on how much you care for your pet and its temperament, this could make a big difference in your decision. For example, if you are very choosy about routine veterinarian visits and medications, you may want to consider a company that allows you to choose your own reimbursement percentage. If you have a pet that is very prone to infections, or has a history of serious illnesses or conditions, a high waiting period for reimbursement may not be worth the money. It’s important that you understand the level of coverage that is offered by the pet insurance you are considering.

There are some pet owners who aren’t necessarily concerned with the financial side of their care, but are instead concerned with the health and well being of their pets. Some pet owners may want to pay a bit more for their health insurance, but there are also many others who believe that the cost of caring for a dog or cat is worth the monthly premiums. To decide which approach is right for you, it’s important to consider how much you spend each month for your dog or cat, how healthy your animal is, how long you expect your animal to live, and what level of care you desire. You will want to compare prices and premiums between health insurance companies to ensure that you get the best pet health insurance. By doing this, you’ll be able to find a policy that you feel suits your needs and saves you the most money.

The next thing that you will want to consider is whether or not the company offers a reimbursement model. If your pet has chronic or recurring illnesses, you may be able to save a substantial amount of money by choosing a policy that offers annual coverage to your pet’s medical bills, as opposed to the policy that the company will offer when your pet has one or two major health problems. When you select a reimbursement model, you can usually choose a waiting period in which your pet can recuperate its lost wages as well as lost income from missed days at work.

There are other things that you should consider when choosing which pet insurance policies are best for you. If you have an animal, such as a cat or dog, that is prone to genetic disorders or inbred, you should look for plans that specifically cover genetic disorders. Also, if your pet has a pre-existing condition, such as diabetes or epilepsy, you should look for pet plans that will exclude these conditions. You may also want to consider the number of days that a plan covers for genetic disorders. For example, some policies will cover your pet for five days after the pre-existing condition occurs, while others cover the entire ten days.

Finally, before you purchase any pet insurance policies, you should carefully review the benefits. Some policies will cover pre-existing conditions and the treatments associated with those conditions. Other policies will only cover the treatment of the disease or infection. It’s important to find a policy that offers you a combination of coverage so that you can keep your pet healthy and your veterinary bills under control.