Pet Insurance Guide

Choosing the Right Pet Insurance

Choosing the right pet insuranc­e for your pet can be stressful, but it doesn't have to be. It may seem overwhelming at first glance, but the benefit of having so many companies -- and policies -- to choose from is that you're sure to find one that meets your needs.

The first thing to consider is your budget. You don't have to spend a ton of money to get a policy that will save you thousands in the case of an emergency. In fact, you can get a pretty good policy for the amount of money you'd save by skipping your morning coffee once a week.

When looking for the right policy to suit your pet, the first expense you're going to run into is your premium, which can range from under $100 to $500 annually, depending on the type of pet you have, the age of your pet and the amount of coverage you want. You'll also have a copayment and a deductible, which vary depending on your premium.

You'll need to consider any hereditary condition your pet might have. Very few companies offer coverage for animals with pre-existing conditions, but there are a few that offer coverage for genetic conditions, which could save you a large sum of money in the long run.

Some companies also offer multiple pet discounts, which can save you a load of cash. You'll also want to make sure that your chosen policy allows you to use a veterinarian you approve of or a specialist in case your veterinarian doesn't offer the treatment your animal needs. Most pet insurance plans don't require you to choose a vet in their network, so you'd have the option of seeing any vet you like. However, you should verify this with your insurance provider.

To make sure you're choosing a financially sound company that will be able to cover your pet's medical expenses, check its history at the Better Business Bureau Web site.

Every pet and owner will have specific needs when it comes to medical insurance. With a little research, however, you'll be able to find a policy that protects you both and saves you money in the long run.

For more information, visit the links below.

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More Great Links


  • American Veterinary Medical Association. "Reference." (accessed 01/20/2009)
  • Bairey, Steph. "How Much Does it Cost to Own a Pet?" Family-Pet. (accessed 01/20/2009)
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  • Embrace Pet Insurance. "Pet Insurance for Genetic, Hereditary, and Breed-specific Conditions." (accessed 01/20/2009)
  • Emmerson, Kassidy. "Choose the Right Pet Inusrance." Associated Content. (accessed 01/20/2009)
  • Veterinary Pet Insurance. "Plans & Coverage." (accessed 01/20/2009)
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  • Weston, Liz Pulliam. "Should you buy pet insurance?" MSN Money. (accessed 01/20/2009)