Why pet insurance is worth it

Pet insurance can help reduce medical costs for your dog or cat

CAROL YEPES/Getty Images

Vet bills can get expensive – especially when emergency treatment is required. Luckily if you have pet insurancethese bills can be covered in whole or in part.

Like human health insurance, pet insurance covers the cost of certain treatments, medications, and services for dogs and cats. In some cases, they even extend to precautionary and wellness checks.

The price of pet insurance is much lower than human health insurance, however Exact cost depends in the manner of the beast, his breed, age and state of health. The typical accident and medical pet insurance plan for a dog is just under $600 for a full year, according to the Insurance Information Institute. For cats, it’s only $343.

Not sure if this expense is worth it for your furry friend? There are several reasons why pet insurance is usually worth the money, which we’ll explore below.

If you’re in the pet insurance market, request a free quote now so you know exactly what to expect.

Why pet insurance is worth it

Here are four reasons why you should get pet insurance.

It can reduce your pet’s medical expenses

Taking care of a pet can be expensive, especially if they become injured or develop a serious medical condition. Dental surgery, for example, costs over $1,200, while removing a foreign object from your pet’s stomach can cost $2,250 or more.

With pet insurance, the cost of these services is significantly lower. Below are the costs for various veterinary services with and without comprehensive insurance (90% reimbursement rate):


costs without insurance

costs with insurance

Removal of bladder stones



Caesarean section



Removal of foreign bodies from the stomach/intestines



dental surgery



The exact savings will depend on the care your pet requires, the type of pet insurance you have and your pet insurance company, but as you can see above they are often quite substantial – especially if it’s a major one Surgery or treatment is involved.

It can be tailored exactly to your pet and your needs

Pet insurance is very flexible. You can get one dog insurance Policy with pure accident and health insurance or a cat insurance Policies that include immunizations, annual checkups, and other types of wellness.

Most pet insurance policies have a wide variety of packages to choose from, as well as additional benefits such as preventative care, dental benefits, and more. You can even choose different deductible levels and reimbursement rates to find the perfect fit for your budget and pet.

You can now check Lemonade pet insurance prices here, or use the table below to compare some of the top providers.

It can improve the quality of life

There are many pet insurance pros out there, but perhaps the greatest is that it keeps you from making impossible decisions about your pet’s care and life. If your pet needs very expensive life-saving treatment, pet insurance ensures your furry friend can get it no matter what your bank account looks like.

Let’s look at an example. When your dog needs $10,000 in surgery to remove a cancerous tumor, but you only have $1,000 in savings, you face tough decisions. Would you go into debt for treatment? Do you let your pet feel pain? Put the animal to sleep to save money? With pet insurance, you don’t have to make these decisions.

It can give you peace of mind

After all, like any insurance policy, pet insurance is a kind of safety net. You may not always need the services and coverage offered, but doing so will help ease the financial burden.

This certainty can be especially helpful if you’re on a tight budget or have very little savings, as you’ll always know there’s a backup plan in place in case something unexpected happens.

Get a free pet insurance quote here in 30 seconds now to see if it makes sense for you.

Other considerations

There are many Benefits of buying pet insurance, but also has its disadvantages. For one, most pet insurance companies do not cover older animals or preconditionsSo if your pet has asthma, allergies, diabetes, or other chronic problems before they get coverage, a pet insurance policy won’t cover those problems.

In addition, there is a chance that you do not use your policy frequently. For example, if you have accident-only pet insurance and your pet stays injury-free year-round, it may not be worth the investment in the end. Although it might still offer peace of mind.

Ready to Invest in Pet Insurance?

Pet insurance prices vary widely by provider, so if you’re considering it purchase of a policymake sure, that shopping spree. Compare different pet insurance types, coverage, deductibles and reimbursement rates and make sure you’re getting the best deal for your money.

If you are unsure which pet insurance provider is right for your pet, speak to an independent insurance agent. They can point you in the right direction.

READ :  Progressive vs State Farm - world's largest auto insurer revealed