It can be difficult to choose between insurance for your dog and cat. Some people like to insure their pets against the cost of routine vet visits, while others prefer to keep the costs down by purchasing a lifetime policy. Either way, you should consider the pros and cons of each insurance policy before deciding which one is best for you. The main advantage of buying a lifetime policy is that your pet will always be covered, even if it suffers from chronic illnesses or pre-existing conditions.
In the event of an accident or major illness, pet insurance will reimburse you for the expenses. Top insurance companies will reimburse 80%, 90%, or even 100% of your pet’s veterinary bills. Although you must pay a monthly premium, your insurer will cover eligible expenses after the deductible is met. Pet health insurance plans may cover alternative therapies, veterinary boarding, and even advertising for your lost pet. Despite these advantages, you should consider the potential cost of pet health insurance before purchasing it.
In addition to premiums, you must consider the type of coverage that you need. Some policies will cover certain diseases and conditions, including breed-specific conditions. Other policies will not cover pre-existing conditions. While this might sound good, there are many disadvantages to choosing a plan that covers all of these things. In most cases, it is better to choose the latter, especially if you have pets with genetic disorders.