Pet insurance protects a holder from incurring high cost if the pet has an accident or fall sick. For example, dog insurance comes with public liability insurance to leverage you in case your dog causes damage to the property or injured someone. When buying pet insurance, it’s important to know what treatments are covered, and if there are any additional payments and limits. Almost all domestic pets can be covered but beware that the older your pet, the higher the premium you’ll pay. And remember, your ultimate goal is to pay less and save money exponentially!
What factors should I consider when looking for the best pet insurance?
Maximum age limits
Hereditary conditions cover
Third-party legal liability cover
Congenital conditions cover
Pet cremation or funeral cover
Overseas vet fees
Accident damage to third party’s cover
Behavioral disorder cover
Special diet cover
Maximum veterinary fees insured
Dental treatments cover
Claims time limit
Alternative treatments cover
Reward and advertising cover
Death by illness and accident cover
Boarding fees cover
What type of pet can I insure?
Many buy pet insurance for their dog or cat, but the policy isn’t restricted to 4-legged animals only. It’s possible to insure different kinds of domestic animals like guinea pigs, hamsters, rabbits, and many more.
The policy also covers specific kinds of birds such as parrots or budgies. But if you’ve pets for racing purposes, like greyhounds or pigeons, likely you’ll pay more to insure because they are likely to get injured or lost.
Pet insurance covers almost all pets, including spiders, snakes, lizards, and tropical fish. However, ponies or horses aren’t covered under domestic pet insurance but you can insure them through an equine insurance provider.
How much does pet insurance cost?
The cost of pet insurance varies based on the animal’s age, what is covered under the policy, and the kind of animal you’re insuring. Insurance that has more comprehensive coverage, higher limits, and unique benefits costs more than those providing basic cover for a limited number of risks.
The cost of pet insurance is friendly compared to the 1000 pounds you’d pay in vet expenses, especially if your pet gets injured. It’s even worse if you can’t pay for a vet’s bills. Here are things that might pivot your premium:
Breed and type of pet
Dog owners often incur high premiums than cat owners. Pedigree breeds and exotic pets may also pivot the premiums. However, some pet insurance companies offer multiple discounts especially if you’re insuring more than one animal.
Normally, older pets will cost more than young ones. Because insurance doesn’t cover all medical history, it’s important to declare any condition that your pet has already suffered. Otherwise, your pet insurance may decline your request.
Above all select a suitable policy that’s affordable and flexible to any conditions. Make sure you pay all premiums either monthly or annually to avoid penalties and extra fees.
What does the best pet insurance cover?
Medical treatments and veterinary bills
Generally, people buy pet insurance to protect them against unexcepted expenses for injury or illness. These involve physiotherapy therapy, the cost of *****, and any surgeries to help your pet recover.
Other plans cover the cost of non-standard treatments like behavioral, acupuncture, and homeopathy. However, it’s worth knowing that things like grooming, regular checkups, anti-flea treatments, vaccinations, and booster shots won’t be covered.
Death or pet value loss
Pet insurance often covers the value of your pet from accident, loss, or illness. You can buy pet insurance to cover your kitten for just less than 50 pounds. Because pure-bred pedigree cats have high value, likely you’ll pay more premiums. You may also pay more if you’ve exotic pets, although, they are rare in nature.
If your pet goes missing, some pet insurance companies will help you advertise for your lost pet. Others may reward a person for finding your pet and then return it to your home.
As mentioned, pet insurance offers public liability that covers your pet in case your pet injures someone or damages the property including livestock or another pet. The policy focuses on dogs but it can be extended to other exotic pets.
The majority of pet insurance covers the boarding costs whether a dog or cat at a kennels or cattery. These boarding costs can only be claimable for periods of 4 days but the cost must exceed 500 pounds.
Some pet insurance policies cover all the above events even if you’re abroad. This is the best idea especially if you’ve another home overseas.
What is excluded from pet insurance?
There are a lot of things that the best pet insurance won’t insure your pet against. Often, pet insurance differs based on the type of provider and policy. Here is a list of things that pet insurance may exclude:
Pre-existing health problems
Cremation and euthanasia cots
Best Pet Insurance – Frequently Asked Questions
How can I cancel my pet insurance policy?
How do I claim my pet insurance?