Saving Money by Insuring Your Pet

If you have a cat or a dog, you are going to need to take your pet to the veterinarian at some point. When you first get your pet, you’ll need to make sure that he or she has all the requisite shots, vaccinations, and procedures. If you get your pet from a shelter, they will likely have already done that. Otherwise, you’ll have to get them done yourself. Then, you will probably need to take your pet for a checkup once a year or so. It could be more often if you have an accident-prone pet or one who tends to contract illnesses regularly. Whether you have a pet who regularly ends up at the vet, or just one you take to the vet once a year, you’re going to spend a lot of money on your pet’s healthcare.

Veterinarians are specialists who spend a long time in school and work very hard to build their businesses. Their level of expertise is absolutely vital to ensuring your pet lives a healthy and happy life. They’re incredibly important to pets, and their services are priced accordingly. If you have pet insurance, you can save an incredible amount of money every year.

How It Works

Insuring your pet works slightly different than your own health insurance. Instead of the veterinarian charging your insurance company the way human health insurance does, you pay the bill, and your insurance company reimburses you. You have to pick an insurance plan for your pet that provides you with the proper care for your pet.


Typically, these plans are divided into a few different categories; there is accident cover, comprehensive cover, and major medical cover.

The Different Kinds of Cover

Accident cover is, as the name implies, cover for when your pet has an accident. This is usually the lowest priced option because it only covers your pet in case of an accident. Ideally, your pet won’t have very many accidents. Since you probably won’t be making very many claims with your insurer, it won’t charge you very much; it doesn’t expect to have to pay out. Comprehensive insurance covers accidents as well as injuries. When you combine injuries and accidents, your pet is a little bit more likely to end up at the veterinarian for one of these issues. Because you’re more likely to make a claim, you have to pay a little bit more for your cover.

The most expensive kind of cover is major medical cover. This covers accidents, injuries, and simple check-ups as well. Obviously, you will be taking your pet to the veterinarian regularly for check-ups; therefore, you have to pay a little bit more for cover. Even though major medical cover is going to be the most expensive option, it will save you money in the long run. Your insurer reimburses you for most of the price of your pet’s medical cover, which could be hundreds of dollars every year.

You stand to save hundreds, or even thousands, of dollars every year with the proper insurance for your pet.

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