Short answer: it can help with big vet bills, but plans differ a lot, so read the details.
What the AKC and Tufts say
The AKC says it often takes only one unfortunate incident for a vet bill to go over the total premiums paid, especially for a young pet. It gives the example of a plan with a $200 deductible and a 20 percent co-pay, and says to look at the details of any plan. Tufts says pet insurance is designed to offset the cost of mostly illnesses and accidents, and that owners usually pay the vet and then submit invoices for reimbursement.
What to check
The AKC suggests asking how financially stable the company is and whether pre-approval is offered for planned procedures. See the cost of owning a dog.
Get the right help
Ask your vet practice if they can help you understand your options.
Does one of these sound like yours?
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Sources
Sources & care notes
Frequently asked questions
Is it worth it?
It can be. The AKC notes one unfortunate incident can push a vet bill past the total premiums paid, especially for a young pet.
What should I compare?
Deductibles, reimbursement rates, exclusions, annual limits, and whether pre-approval is offered for planned procedures.
How do I judge a company?
Ask how financially stable it is and read recent customer experiences before committing.
Who else can help?
Your vet practice can often help you understand the options for your dog and your budget.
