Do You Need Pet Insurance?

Deciding whether or not to buy pet insurance can be tricky. With low monthly premiums and rising veterinary costs, it can seem like a smart choice. But does your pet need it?

Pet insurance works in a similar fashion to your own health insurance. There are coverage limitations, deductibles or co-pays, exclusions, extra fees, maximum fees, and costly or unnecessary add-ons. If you decide pet insurance is the right choice for you, be sure to read the terms of the policy in advance.

For most pet owners, the security of pet insurance will go a long way toward easing financial fears. Most cat owners will only spend a few hundred dollars at the vet yearly, but emergencies do happen. Coverage at those times can make the cost of pet insurance well worth it.

Here are some examples of what may be covered under a pet insurance policy:

  • Accidents
  • Illnesses
  • Lab tests
  • Surgeries
  • Cancer
  • Prescriptions
  • Hospitalization
  • Hereditary Coverage (not all plans will cover this, be sure to check with the provider)

There are many ways you can help keep your cat healthy and save on veterinary costs. For example, spaying or neutering your pet can help eliminate many health risks. Making sure your cat receives routine veterinary care and staying up to date on vaccinations can go a long way as well. Pay attention to your cat, know signs of common cat illnesses, and don’t ignore strange or changed behavior.

A healthy cat will be your companion for years. The peace of mind that comes with pet insurance and knowlingly able to provide the best care for your cat at the time he or she needs it the most will make necessary vet visits a little easier.