Is Dog Insurance Worth It? Here Is Your Comprehensive Guide

A huge misconception about dog insurance is it’s too costly. We spend hundreds of dollars on ourselves and our families each year for health insurance purposes, yet we don’t get coverage for our furry “children.” Literally, giving $40/month* for pet insurance could end up saving your dog’s life. 

Instead of being hit with a $7,000 vet bill because your dog needs an illness treatment, you can have an important amount refunded through dog insurance. The worst situation is learning that your dog has a bad illness but having to turn down treatment because you can’t afford the costs.

No one wants to face such bad decision, and signing up for dog insurance can take care of most of the cost. Dog insurance gives great advantages and allows you to make the best choices instead of the least expensive ones when an unexpected emergency arises.

Dog insurance can also prevent a tragedy referred to as “economic euthanasia.” This is when a dog owner can’t afford treatment and has to put down the pet rather than care for it, due to his financial limitations.

For this reason, it is good to consider buying dog health insurance to protect your family member loved one and also your wallet from some of life’s most unfortunate and unexpected incidents.

What Is Dog Insurance?

Dog insurance is the Dog equivalent to human health insurance. Having your dog protected by an awesome health insurance plan can put your mind at ease knowing that large, unexpected medical and vet visits bills will be covered.

3 types of pet insurance coverage are available: accident, illness and wellness. Depending on what you need, you can sign up for one of them or all three of these coverages (but not all dog insurers offer wellness plans.

Now, let’s talk about those 3 coverages:

1) Pet insurance for Accident Coverage

You can’t predict an accident in the future, but you can get a plan for potential incidents that could cost you hundreds of dollars. All dog health insurance companies offer accident coverage, which can include torn ligaments, broken members and other serious health problems.

2) Pet insurance for Illness Coverage

Many pet insurance companies limit their illness coverage as pets age. It’s really important to get insurance plan while your dog is young to reduce some pre-existing condition exemptions and your monthly bill. Illness coverage can cover things like cancer, allergies…etc.

3) Pet insurance for Wellness Coverage

Wellness coverage plan is always optional. Depending on your preferences and your budget, you can pay for wellness expenses on your own, or you can invest a little monthly with an insurance provider to avoid paying out of pocket all at once for weekly or monthly vet visits.

A Husky wellness plan may include fees associated with:

Annual exams, Spay/neuter procedures

Routine blood panels, Heartworm testing

Fecal testing, Urinalyses and Routine vaccinations

Teeth cleanings, Flea.

 Tick and heartworm treatments.

Keep in mind; a routine annual vet exam can cost up to $500 depending on your vet, the state where you live and the types of procedures, vaccinations your dog requires. Wellness plans are becoming a must and increasingly popular to manage these expenses, which is why more insurers are offering them, including as an add-on to dog health insurance plans.

How Does Pet Insurance Work?

It’s not like human health insurance for sur, because most pet health insurance plans provided reimburse you for the cost of veterinary care and visits. After paying an initial price of your dog’s vet visit, you’ll request a duplicate itemized receipt which you then send to your insurance provider along with a completed claim form. You will receive a reimbursement check within a week or two.

Many insurers guarantee a specific payout turnaround time as an added and great benefit. Your reimbursement amount depends on your insurance policy details, the type and cost of each procedure.

Why Do I Need Pet Insurance?

There are three primary and main reasons:

1) You’ll Never Have To Choose Between Your Wallet and Your Dog.

 One of the hardest decisions you can take is choosing whether or not to have emergency surgery you’ll ever have to make as a pet owner. Dog insurance allows you to remove the financial aspect out of your consideration and base your medical decisions purely on what’s best for your dog.

2) Unexpected Accidents

Taking care of your dog it doesn’t matter; accidents happen. Whether it’s a toenail that gets for example a torn cruciate ligament from jumping off the bed, your dog could have an unexpected accident that leads to huge vet bills. A dog accident or illness can cost thousands of dollars in vet bills, but having a great emergency dog health insurance plan ensures that you are going to refund a vast percentage of the bills.

3) Use To Pick An Insurance Plan That Fits Your Needs

You can tailor dog insurance to fit your financial limitations and needs. Always sign up when your dog is still young, you have more options and advantages, ranging from bad accidents, illness to vaccinations and general checkups. 

How Much Does Pet Insurance Cost?

Veterinary costs are on the rise, consider protecting your saved money with pet insurance coverage. Pet insurance costs vary by insurer and plan you want. They’re also unique to your dog’s breed, age, area, pre-existing situations and more other important variables. So, how do you know which is the most plan you fit?

Well, honestly you don’t until you run quotes with a few insurance providers.

We suggest you get quotes from at least 3 or 4 providers to find the best value and best plan and coverage for the price.

Please keep in mind that the pet insurance provider is a household name or has the best price doesn’t mean it’s the best for your dog.

Compare Pet Insurance Providers

Are you Ready to start comparing insurers? Visit our pet insurance quotes article previously published to see quote samples from all the pet insurance providers we review. This small comparison gives you a good idea of what your reimbursement costs might be for each dog insurer. But, keep in mind that it will be always vary based on the breed, location, age and other variables of your pet.