Some people are afraid that their pet insurance will only cover things that they need to get.
We’ve already discussed how we finally decided to get pet insurance for our cat friends after being on the fence about it for many years.
First, I looked at many different plans and decided on one that was the best fit for us.
Next, I compare pet insurance plans from various companies.
I found multiple things from plan to plan, including what’s covered and not covered and how much pet insurance covers.
When I decided to get pet insurance for my cats, I learned many common misconceptions about pet insurance.
Today, I’ll address five common myths about pet insurance.
It’ll cost me a lot more to get pet health insurance for my cat.
Many pet plans start as low as $1 a day and vary significantly based on your pet’s health, your plan’s level of coverage, and the state that you live in.
Pet insurance costs are generally cheaper than a typical yearly vet bill.
Even simple illnesses that cost you less than $100 can cost you thousands of dollars.
Cats already sick aren’t covered by insurance, so you should be careful about choosing a veterinarian.
Indeed, some pet insurance plans won’t cover conditions your cat might have, but that doesn’t mean your cat is entirely out of luck.
Some illnesses won’t allow you to protect your cat.
However, you can still buy insurance to cover accidental injuries to her.
Cats are too old to be insured.
Many pet insurance plans limit the amount of money that you can buy. In addition, there are some age limits on how to ensure your cat.
They vary by plan, but even cats in their teens can get covered at higher premiums.
You may have your choice of a vet that you like, but you should also do the math to decide if it makes sense for you to pay a higher premium.
It’s enough to put money into a savings account to pay for pet care.
64% of Americans won’t be able to get $1,000 for an emergency.
Suppose you spend a good chunk of money monthly on your cat’s veterinary bills.
In that case, saving is a better option.
However, only a few of us will do that.
I won’t get to decide which vet I should use.
There are no human-only pet insurance plans, and there are no insurance plans that automatically cover your veterinary bills.
Pet health insurance policies pay for vet bills.
You pay your vet bill and ask the insurance company to reimburse you if the insurance covers the cost of treating your pet.
Cat insurance plans only cover some of the expenses you may have for your cat.
You and your veterinarian decide what you should do for your cat.
Even if you think of a yearly deductible as a bargain compared to human health insurance, an annual deductible can easily cost you more than human healthcare.
However, insurance is a little like buying any other kind of car insurance; it covers your cat even when she’s sick, so you know that if something happens to your cat, it won’t cost you a lot of money to treat her.
Final Thoughts on the Myths about Pet Insurance
In conclusion, pet insurance is a great way to protect your pet and wallet.
We’ve all been there- something happens to our pet, and we’re left with a hefty vet bill.
Pet insurance can help alleviate some of that financial burden and give you peace of mind.
So, if you’re considering getting pet insurance, research and find the best policy for you and your pet.
FAQs
Can I get pet insurance before surgery?
Yes, you can get pet insurance before surgery.
However, it is important to note that not all pet insurance policies cover pre-existing conditions, so it is important to check with your insurer beforehand.
When is it too late to get pet insurance?
It’s never too late to get pet insurance, but the sooner you get it, the better.
The earlier you insure your pet, the more coverage you’ll have and the less likely you’ll experience a lapse in coverage.
What are the disadvantages of pet insurance?
There are a few disadvantages to pet insurance.
First, it can be expensive.
Second, it may not cover everything.
Third, you may have to pay a deductible.
Is it worth shopping around for pet insurance?
Yes, it is worth shopping around for pet insurance.
There are various factors to consider when choosing a pet insurance policy, and it is important to find one that fits your budget and your pet’s needs.
Some things to remember when shopping for pet insurance include coverage limits, deductibles, co-pays, and exclusions.
Can you hide pre-existing conditions from pet insurance?
No, you cannot hide pre-existing conditions from pet insurance.
Your pet’s medical history will be considered when determining your premium and coverage.
What are 3 factors that will affect your pet insurance costs?
There are a few factors that will affect your pet insurance costs.
The first is the type of pet you have.
Certain breeds of dogs and cats are more expensive to insure than others.
The second factor is where you live.
If you live in an area with many veterinarians and pet hospitals, your rates will be higher than in a rural area.
The third factor is the coverage you choose.
