The Importance of Pet Insurance


For many of us, living without health insurance is something we would never consider. Health insurance allows us to see doctors for routine and preventive care and helps us when facing unexpected emergencies. Health insurance enables us to pay for the care we need without placing ourselves in a financially burdensome situation. We couldn’t imagine not having health insurance for ourselves or our loved ones, but so many of our furry children are uninsured.

Pet health insurance is just as essential as our own health insurance, and below, we’ll go over the importance of pet health insurance and the top eight benefits of having dog and cat insurance, as well as the typical cost of pet health insurance. The benefits of having dog and cat insurance are limitless, but we’ve narrowed down the list to what we consider to be the top eight benefits of having pets insured.

1. **Pet health insurance saves you money:**
Many people fear that the cost of pet insurance will be too expensive or not worth it in the long run, but that couldn’t be further from the truth. Monthly premiums range from $10 – $100 per month, with the average payment around $40. You can get pet insurance quotes from many different providers and compare costs side by side. Like our health insurance plans, the insurance you have for your pet will have a deductible and a copay for treatment. Even with the monthly premium, deductible, and copay, you’ll still pay substantially less than if you were to go to the vet uninsured.

2. **Pet health insurance allows you to focus on pet health:**
When you’re not focused on finances, you can concentrate on your pet and its health. Cost can be a major deterrent to bringing your pet to the vet when you suspect something might be wrong, but when you have insurance, you can prioritize your cat’s or dog’s health.

3. **Pet health insurance protects you from the unexpected:**
Accidents happen to everyone, and when your pet is insured, it helps protect them in case of an accident or emergency. So, in the event of a fire or other natural disasters, your pet can be reimbursed.

4. **You can choose your own veterinarian with pet health insurance:**
Unlike human health insurance, which limits you to in-network providers, you can choose any veterinarian you want with pet health insurance, and you don’t need a referral to see a specialist. This is beneficial especially if you already have a veterinarian that you and your pet love; you don’t have to worry about finding a new veterinarian, as every veterinarian is in-network.

5. **Pet health insurance provides you with more treatment options:**
Healthcare is expensive, from medications to office services, to surgeries, and more. But when you have pet health insurance, more medications and treatment options are covered. This gives you more control over the care plan, as you can focus on what’s best for them rather than what’s least expensive.

6. **All pets can be insured with pet health insurance:**
Pet insurance companies will provide coverage to all pets. They don’t discriminate based on breed or age, and prices won’t continuously increase as your pet ages like our health insurance does.

7. **Pet health insurance helps you budget:**
With monthly premium payment options, you can easily integrate pet health insurance into your monthly budget. You’ll also know how much to expect to pay, so you won’t receive surprise bills out of the blue.

8. **Pet health insurance protects your savings:**
Similar to how insurance for your pet allows you to budget, it also protects your savings account. People with pet insurance are less likely to need to dip into their savings account than people without insurance, as the cost of treatment and procedures is mostly covered.

The financial burden associated with going to the vet prevents many pet owners from taking their cats and dogs for medical care until an emergency happens. The lack of regular and consistent care can actually lead to larger health problems down the road. Pet health insurance allows you to get routine check-ups at a fraction of the cost and helps your veterinarian look out for any health issues long before they arise.

When the cost of care is diminished, pet owners are more likely to take their pets for an annual physical and wellness exam, just as they would for themselves or their children. Pet health insurance is important because it allows you to save money while prioritizing your pet’s health.