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Few things in life offer more happiness than bringing a new pet into your family’s home. They will be loyal to the end and will celebrate whenever you walk in the door! Having a pet can give you a sense of security and they are always there to lift your spirits when you are down… they truly are man’s best friend so you may be wondering if pet insurance is worth it and what does it cost? There are many different choices when it comes to getting insurance for your four-legged friend with varying price points so keep on reading to see if pet insurance is really worth it and if you should take the dive!
Opt for the Higher Deductible
Every pet owner would love to have insurance on their furry best friend. But the realization is that most owners don’t feel it makes sense for them.
Pets are just like humans in that they’ll require frequent checkups and will occasionally wind up getting sick or injured.
As such, having insurance will help you with those inevitable situations. You have insurance for any medical needs that you have, why not do the same for your loyal companion?
There are several ways that you can lower the cost that you’re paying from month to month.
Opting to pay a higher deductible will help you lower the costs of your monthly payments you’ll be making towards the plan.
Just like any other insurance policy, that means you’ll be on the hook for more money when it’s time to make a claim. However, putting aside a few dollars each month towards those moments will help avoid a hefty setback.
Learn the Art of the DIY
Many pet owners pride themselves on taking the best possible care of their furry companions (as they should).
However, for most dog owners, that means taking them to the vet every single time that the dog needs to be serviced in any way.
They don’t realize that several of the things a vet does at checkup can be done at home, thus saving a trip in which you’d have to file a claim.
Things, like trimming their nails, brushing their teeth every so often, and bathing them, can all be done at home. That way you’re only paying for the trips such as annual checkups or coming in when the pup is sick or injured.
The best part of learning these DIY pet care tips is that a) you’ll get better and better at it with time and b) you can use it for every pet you own the rest of your life.
Exhaust All Your Options
As with any other insurance you’re searching for in your life, you shouldn’t just jump at the first offer a company gives you on pet insurance.
It’s much more common than you’d think, which means you’re highly likely to find a price you’re comfortable with if you just search a bit longer.
Not even your pet’s pre-existing conditions can hold you back from having multiple options. Find a plan that offers the pet care you’re dog will need in those circumstances.
Many different pet insurers have different factors they use to create offers for their prospective clients. Because of that, it’s entirely possible to find a company that will offer you half the monthly payment that was offered to you by a previous company.
Buy as Early in Your Pet’s Life as Possible
The older your pet is, the more of a liability the insurance companies will view them as. Thus, the higher your insurance policy is going to be.
However, don’t kick yourself if your pet is higher up in age. It’s not like you can make them any younger. Be sure not to delay any longer and set them up with coverage as soon as possible.
If your pet is relatively young, consider buying insurance within the next few months to capitalize on a lower plan.
The price will go up as they age, but that’s okay! As they get older they become more prone to sickness or injury. When that becomes the case, you won’t mind paying a higher premium to make sure your pet is protected.
Consider the Amount of Care Your Pet Needs
If your pet is in tremendous health and only requires the occasional checkup then pet insurance may not make a whole lot of sense for you right now.
The cost of paying for a pet insurance policy over the course of the year may actually be higher than what you’d pay for the annual checkup.
Those whose pets only need an annual visit may be paying twice the amount if they’re paying for insurance. However, if your pet needs to take a visit a few times a year, they’ll definitely benefit from having a policy.
Before you go searching through several variations of pet policies, carefully consider all the current vet needs of your pet.
What’s been the average number of annual visits you’ve taken the past few years (if applicable)? Is your pet’s breed known to have health issues? How much are you typically spending on vet visits?
Consider all these questions and figure out whether a pet insurance policy makes sense for your current situation.
Is Pet Insurance Worth It? Find the Right Policy for Your Needs
Now that you’ve seen all the ways you can save money on pet insurance, you should know the answer to your question of Is pet insurance worth it?
The answer is yes. As long as your pet has a need for a few vet visits a year, then pet insurance would make sense for you.
Be sure to browse through the rest of our site for more ways to help you and your family (including the furry members) live your best lives.