One of the most frequently asked questions regarding health insurance is whether or not owning a policy is really worth the cost. It’s true that they provide peace of mind in emergencies and a safety net when you need it most, but some pet owners still struggle to see the value. We want to urge you to give this careful consideration, though. Many pet owners are quick to dismiss the idea without really knowing what they’re missing out on. So, let’s ask ourselves a few key questions as we consider the affordability and practicality of pet health insurance.
- If your pet were faced with some type of expensive surgery, would you be economically limited in what you could do for your best friend? An ear infection or similar problem may be fairly affordable for you to treat, but so many owners are forced to make difficult decisions due to financial constraints. Pet health insurance could save you from being stuck in that type of situation.
- Have you shopped around for the right policy? Many pet owners see one policy and dismiss insurance altogether, but what you may not realize is that you have several options to choose from. Insurance companies compete, which is a great thing for pet owners. Average cost is only about $45/month for dogs and $25/month for cats, and that premium runs higher or lower depending on which company you choose.
- Have you set reasonable expectations for your pet health insurance policy? Many pet owners become disgruntled and even cancel when the policy does not cover basic, routine care, but later find that they wish they had kept the policy when something unexpected comes up. There are a few exceptions, but in general, pet health insurance policies are most helpful where large, unexpected healthcare expenses are concerned. If routine care coverage is more important to you, though, be sure to do your shopping with that in mind.
Pet health insurance is a very worthwhile investment for your pet’s overall well-being, so long as you approach the idea with the right mindset.