Vaccinations For Older Pets
Its important to keep your pets vaccinations topped up so theyre protected throughout their lives.
If youre taking in an older pet, ask the previous owner or adoption centre about its vaccination history and make sure you get a copy of their medical records to share with your vet.
Some pet insurance policies only contribute towards vet fees, so you could end up paying most of the treatment costs yourself, so shop around and compare pet insurance to find a policy to suit your needs.;
Make sure the policy offers enough vet fees cover treatments can get expensive, especially for older animals or those with existing medical conditions.;
What Factors Determine The Cost Of Pet Insurance
The size, breed, age, and geographic location of your pet all influence the cost of your insurance policy. The length of your policy and the company offering your plan also play a role. Finally, you get to determine what type of policy works best for you by selecting a quote that makes sense for your budget.
How Does Pet Insurance Work Nationwide
Nationwide Pet Insurance Get a free, no-obligation quote. Whether they have two legs or four, every family member deserves quality health care. Nationwides Whole Pet with Wellness plan covers injuries, illnesses and preventive care in one plan, with 90% reimbursement of eligible veterinary expenses.
Read Also: Best Homeowners Insurance 2019
What Are The Cons Of A Pet Savings Account
The biggest con of opening a pet savings account ties in with the major benefit of opening one you can use the funds for anything, including personal needs, and it can be sometimes tempting to take the funds out for something that you’re not supposed to.
If you see a new outfit you cant live without, you may decide to dip into your pets savings account. But if youre able to handle your money well, as well as not to give into temptations, then having the money available may not be an issue for you.
Another con of opening a pet savings account is timing it takes a while to build up the necessary amount of money for larger bills. Lets say you decide to follow the path of many pet owners and deposit your pets estimated monthly pet insurance premium amount into savings account: for example, $40 a month. In a year you would have deposited $480 into your pets savings account.
Then, your pet has unexpected injury, such as a common knee ligament injury. Your $480 will not cover close to half the estimated cost of treatment. In 2016, the average cost for treating a dogs knee injury’s cost was estimated at $3,456.
In order for your pets savings account to successfully work for your needs, you must make regular deposits. You will also need to watch your usage of the savings account. Using the funds may be useful if you or a family member are in a rut. Its not wise to use them for things that arent needed.
Life And Theft Insurance
Life and theft coverage is designed to insure the lives of highly valuable animals, and is typically purchased by zoos or by the owners of championship cats, dogs, horses and police dogs. The policy reimburses owners of stolen animals, and pays a death benefit if an animal dies during transport or other covered events.
Read Also: Do Parking Tickets Affect Your Record
Deductibles Claims And Policy Terms
It’s important to understand a policy’s deductible, reimbursement rate, maximum payout limit, waiting peroids, and exclusions before enrolling.
Your deductible is what you need to pay before your provider will reimburse any eligible expenses.
For example, if you had a $200 deductible on a plan with a 90% reimbursement rate and your cat needed a $1,400 dental extraction… you’d ultimately save $1,080 .
The best plans are annual limits, and many offer unlimited payouts. This means you need to meet your deductible each year, but once you do the ammount the payout is potential unlimited. Considering how many older pets develop cancer, having an unlimmited max payout can be a lifesaver.
Yourwaiting period determines when your coverage kicks in. Be aware that different plans/providers have diferent waiting periods, and they can even vary by condition – so it’s import to read the fine print.
For example, two different plans might look almost identical until you look into the fine print and find that one has a 12 month waiting period for knee injuries where as the other’s is only 30 days. If you have a larger dog who more prone to knee injuries, you most certainly would not want the plan whose knee injury coverage takes 12 months to kick in.
Key Factors that affect your cost:
- Plan type
- Policy provider
Savings Tips From William Hodges Dvm
- Avoid costly emergencies by keeping your pet healthy with exercise, a healthy diet, and routine wellness checkups and preventative care.
- Avoid ER facilities when possible. They are there for a reason, but almost always more expensive.
- Utilize over-the-counter medications.
- Opt for the generic version instead of the name brand.
- Do your due diligence on research. Come to the hospital with good questions to make the most of your time with the veterinarian as this might avoid second or third visits.
- Consider getting a second opinion on when to treat or spend on diagnostics. Sometimes treating without good reason can make a problem worse.
- Use Pawlicy Advisor to find the right pet insurance to hedge your risk and have the bulk of any unexpected costs covered by your provider.
PRO TIP: Most vet offices are fairly open about their costs and will tell you about them if asked. Pet insurance companies can be another resource for these costs as they need a lot of data on the costs of veterinary care to better approximate coverage needs. My advice: .
You Want The Best Care For Your Pet
And now many pet owners can. Advances in veterinary medicine over the past decade give pet owners access to cutting-edge therapies and treatments available in human medicine. Veterinary medicine today allows us to give our pets the best carebut these advanced treatments and therapies also come with a cost.
How To Find The Best Pet Insurance For Your Dog
To find the best dog insurance for you, consider the following factors as you search:
What does the plan cover? Consider whether you want accident coverage, illness coverage, routine care coverage, or a combination of the three
What are the plans coverage levels? Veterinary treatments can be very expensive. Make sure your plans coverage limits are high enough that you and your pet are well prepared in case something unexpected happens
Whats my budget? Decide whether youd be more comfortable paying a higher monthly premium to lower your out-of-pocket costs, or if youd rather keep your monthly premium low and opt for higher out-of-pocket costs
Will I be able to visit any veterinarian? Some plans restrict the veterinary care providers theyll cover. Look for an insurance plan that allows you to see any licensed veterinarian, including emergency care and specialist vets.
Links to external sites are provided for your convenience in locating related information and services. Guardian, its subsidiaries, agents and employees expressly disclaim any responsibility for and do not maintain, control, recommend, or endorse third-party sites, organizations, products, or services and make no representation as to the completeness, suitability, or quality thereof.
You May Like: Does Dental Insurance Cover Veneers
Can You Enter Your Pet Into Shows
This depends on whether or not you will receive money if your pet wins a prize. Most insurers will not cover your pet if you use them for monetary gain. This includes cash prizes or things like a year’s supply of dog food.
Many insurers will let you enter your pet into shows as a hobby a few times a year, however only if you are competing for non monetary prizes like rosettes.
We Value Your Feedback
I’m with An Post Insurance for a number of years now and I must say that I could recommend this company to anybody who want great insurance cover at at a very competitive and affordable price… I have both my motor and home insurance with this company and I’m very happy with the comprehensive cover that I have as well as it’s “extras” and value for money Regards Mártín 01.09.2021
Recommended Reading: Do Parking Tickets Affect Car Insurance
Pets Are Like Your Family Members So Protect Them Like You Would Protect Your Family
Image via Cindy Makonin/Unsplash
With that being said, you should get insurance to protect yourself from going broke in case these unfortunate events do happen in the future. You can’t predict if or when the worst will happen, but you can always prepare to deal with unforeseen circumstances.It’s super important to get the right cover for your pet, so spend time doing your research and reading the fine print of your policy, as pet health insurance has its limitations.
Be Honest About Their Medical History
You must declare any pre-existing conditions when trying to get insurance for your pet. Otherwise, the policy might be void and your claim rejected.
If your pet does have a pre-existing condition, you might still be able to find a deal but you probably wont get any cover for the pre-existing condition.
You May Like: Does Travel Insurance Cover If Company Goes Bust
Investing In Your Pet’s Future
Even if your pet has a pre-existing condition, Pet Assure provides a practical way that you can still reduce the costs of any veterinary care that he may need. There’s no hassle, there are no exclusions, and the process is far easier than dealing with pet insurance companies. You’ll receive discounts from participating vets right at the time of service, so you’ll instantly save money.
No matter what pre-existing conditions your pet may have, Pet Assure makes veterinary care more affordable so you can ensure your pet always gets the care he needs and deserves.
Routine Costs Every Pet Parent Has To Budget For
The ASPCA estimates dog parents spend approximately $355 to $650 annually on food, toys, treats, and other miscellaneous expenses depending on the size, breed, and location of their animals.
Infrequent purchases such as crates, carrier bags, and cages can cost an additional $470 to $560. In total, the first-year costs of owning dogs and cats are approximately $1,000 to $2,000.
Meanwhile, the average cost for a routine veterinary checkup or wellness visit can cost anywhere from $50 to $250. Vaccines are pretty affordable. Youll likely pay about $100 for a dogs core vaccines, for example.
NOTE: Reoutine care, wellness visits, and vaccines arent what you need to be concerned with when it comes to your pets vet costs.
If your pet comes down with an illness, or if your vet discovers something amiss at a regular checkup, you can expect your vet bills to go up substantially.
The biggest costs come from unexpected emergencies and surgeries – which is where pet insurance can be a literal lifesaver.
Read Also: Is Trustage Life Insurance Any Good
How To Use Pet Insurance
The process of using pet insurance and receiving benefits can vary from provider to provider. Heres how to use Pets Best pet insurance, step by step:
Make sure your waiting period has passed A waiting period is the amount of time after enrolling in an insurance plan before coverage is provided. Pets Best waiting plans vary depending on the type of plan you purchase, but theyre some of the shortest waiting periods in the industry. Waiting periods are just three days following the policy effective date for accidents and 14 days for illnesses. Routine care plans can be used the day after enrolling.
Take your dog to the vet as usual If your dog is sick or injured, visit any vet as you normally would. Your plan will cover visits to any licensed vet, including emergency care and specialty vets. That way, your dog can receive the treatment they need.
Submit a claim Once your dog has seen the vet, submit your claim to your insurance provider. Simply snap a photo of your invoice and upload it to your Pets Best Customer Account. No complicated paperwork required.
Receive reimbursement Most claims are processed within just a few days, so you wont have to wait long. Plus, Pets Best can deposit payments directly to your checking or savings account, rather than paying out benefits to your vet.
If Your Pet Has Had Medical Issues Beware Switching To A New Policy As It May Not Be Covered
When you take out a new policy, most insurers won’t cover your pet for pre-existing conditions, both chronic problems that they need regular treatment for, and historic injuries/illnesses.
So if you’re still claiming for a particular treatment on your current insurance policy, and haven’t yet hit the maximum amount or ‘length of time’ payout, or you have a top-end ‘lifetime’ policy which does not have these exclusions, you may be better off staying put.
However, you can still switch to a new insurer as long as you’re prepared to accept your pet won’t be covered for the ailment it’s already been treated for.
For example, say your dog suffers cataracts in both eyes and is cured, with the treatment covered by your existing insurer. The cost of the cataract treatment may well have reached a specified limit but this won’t stop you from switching away to a cheaper policy with the same T&Cs as your existing insurer just be aware that your new insurer will now treat the cataracts as a pre-existing condition, and will exclude it.
You may also decide the cost of the existing policy is now so high, you are prepared to take the risk of switching to a cheaper policy and hoping the old injury or illness does not reoccur.
And remember, its important to declare all pre-existing conditions even if your new insurer is likely to exclude them to avoid the chance of invalidating your policy.
Recommended Reading: Who Is The Best Home Insurance Company
How Dog Insurance Works
With a Healthy Paws pet insurance plan, you can visit any licensed veterinarian including the specialists and emergency animal hospitals that can truly make a difference in your pet’s care. The plan even covers alternative care. After enrolling your dog, you will have a short 15-day waiting period for accidents and illnesses and a 12-month waiting period for hip dysplasia1.
Claims. Fast, Easy, Worry Free!With no more claim forms, we’ve created a quick and easy claim process for our customers. Just take a photo of yourvet bill and submit it through the mobile app or your online Healthy Paws Customer Center. It’s that easy!
We’ll process your claims quickly and youll receive areimbursement check via mail or you can sign up for direct deposit. Of course, if it’s your first claim, we’ll need yourpet’s medical records to complete your claim. We may also pre-authorize very expensive treatments with your veterinary hospital in which you can assign your insurance payment to be made directly to theveterinary hospital to help reduce your upfront burden.
Get Affordable Customizable Pet Insurance To Cover The Expensive And Unexpected
With Progressive Pet Insurance by Pets Best, you can select a plan and customize your coverages to create a policy that fits both your budget and your pet’s needs. When you get a quote for cat or dog insurance, you can save 5% on a BestBenefit policy, plus another 5% if you insure more than one pet. Plus you can access the 24/7 Pet Helpline, connecting you with veterinary experts who can answer all your pet parenting questions, like Should I worry if Spike ate an entire roll of paper towels?
Don’t Miss: Does State Farm Carry Pet Insurance
How Progressive Pet Insurance By Pets Best Compares
While comparing pet insurance policies, consider what benefits the insurer offers. In addition to its customizable plans and transparent pricing, here are a few key advantages Pets Best provides over other pet insurance companies.
- One annual deductible: You’ll pay just one deductible per year, rather than one deductible per claim.
- Fast claims processing and payment: Claims are processed quickly and can be direct deposited to your bank account.
- No upper age limits: Enroll your pet in an accident or illness plan at any age and keep the same level of coverage as they grow older.
- Optional exam fee coverage: You can add coverage for exam fees for any covered accident and illness.
- Choose a payment plan: You can pay your premium monthly, quarterly, or annually to fit your budget.
- Unlimited plans available: With a BestBenefit plan, you can choose to have no annual limit on your accident and illness policy.
Charities And Other Help
If you cant afford pet insurance the following groups offer free treatment to pets:
- The Blue Cross
- The Peoples Dispensary for Sick Animals
- The Royal Society for the Prevention of Cruelty to Animals
- The Ulster Society for the Prevention of Cruelty to Animals
- The Scottish Society for the Prevention of Cruelty to Animals
Help from these charities is means-tested and mainly helps people who are on a low income, retired or receive certain state benefits to get help towards the cost of veterinary care.
Recommended Reading: Will My Dental Insurance Cover Veneers