There are many things you should do when you own a pet to make sure they are ready for anything. Pet insurance is one way to do that. This can prevent you from spending money from your emergency savings, which is not something you want to do. Make sure you are aware of your policy's limits.
Pet insurance can help you save lots of money in the event that your dog or cat becomes ill or is injured. In fact, a recent study found that the average cost of veterinary care for dogs and cats in the United States was $15 billion in 2016. A pet insurance policy can save you from having to dip into the family's emergency funds when it comes to paying for medical treatment.
Many pet insurance MA providers offer insurance policies for pets. Prices for policies can vary by state and depend on your pet's age and how much coverage you need. Most policies provide protection against illness and injuries, and they may also provide after-death compensation.
Some insurance companies offer additional coverage for wellness. Wellness coverage provides coverage for routine checkups, dental cleanings, and flea, tick, and heartworm treatments. But not all insurance companies provide this level coverage. It is important to check the fine print and make your own decisions based on your pet's health condition and your budget.
Some insurers will fully reimburse your vet bill if you meet your deductible. Others may have a 70/30 reimbursement structure or an 80/20 reimbursement structure. You should sign up for a plan with a higher reimbursement rate if you have a large vet bills.
Many MA pet insurers will provide you with free quotes. They will also need basic information, such as the breed, age and pedigree of your pet. After providing these details, you will be given a quote. A free quote will give you an idea of how much you can expect to pay for a policy.
Many pet insurance MA companies also offer optional add-ons, such as burial and lost pet coverage. Also, you might consider an accident-only policy which covers medical emergencies as well as surgery and dental care.
GEICO / Embrace, for example, will provide a free medical history review to help you choose the right policy. This will allow you to determine if your pet is suffering from pre-existing conditions.
If you are unhappy with your policy, Embrace will refund your money. You can return your policy for a full credit within 30 days. Embrace cannot offer a separate policy for wellness, so you will need another company to provide wellness care.
Finally, some companies will reimburse all of your veterinarian's costs. You will be required to pay more out of pocket if you have to file a claim with another insurer.