70% of U.S. households (about 90.5 million families) own a pet. With that many furry family members, it’s no surprise that pet insurance has been one of the fastest growing coverage options. There are many different types of pet insurance available that make it easier than ever to find a plan that fits the needs of your pet and your budget.
If you’re not sure if pet insurance coverage is right for you, talk to your veterinarian to gain a better understanding of your pet’s existing and predicted medical needs.
The most common reason people choose pet insurance is to save money. Depending on the policy and which insurance provider you choose, there is usually a deductible to meet. Once the deductible is met, the insurance plan will cover a certain percentage of the vet bill. By having pet insurance in place, pet owners can focus more on the health of the pet and less on the cost of veterinarian care.
Pet insurance can also increase treatment options. Whereas life saving surgeries or chemotherapy could cost thousands (or may not even be affordable), pet insurance coverage mitigates some of the costs and provides greater options for care.
One of the best benefits of pet insurance is that it gives you the freedom to choose which veterinarian you want to treat your pet. You don’t need a referral to see a specialist or for a specialized treatment. This flexibility allows you to select a veterinarian who is a good fit for your family and your pet’s needs.
There are many great benefits of pet insurance. The main advantage is giving your pet the best possible medical care without worrying about the cost. It is a great way to keep your pet happy and healthy with quality veterinary care. Pet insurance is also typically available for all pets as pet insurance companies do not discriminate against different breeds or the age of your pet. However, cost of the coverage may take these factors into consideration.
*Southland Data Processing, Inc. (“SDP”) is not a law firm. This article is intended for informational purposes only and should not be relied upon in reaching a conclusion in a particular area of law. Applicability of the legal principles discussed may differ substantially in individual situations. Receipt of this or any other SDP materials does not create an attorney-client relationship. SDP is not responsible for any inadvertent errors that may occur in the publishing process.