Owning a pet typically costs between a few hundred and over a thousand dollars each year. The range of what you spend depends on a number of factors, including your pet’s size, the brands you choose, and what extras you opt to splurge on.
This average cost, however, does not include chronic illness or emergency vet care. Pet insurance may add to your annual cost, but it may save you money in the long run. These plans are why most pet owners recommend factoring all your costs, not just the best dog food, if you’re bringing a new pooch home.
Is insuring your pet worth it?
What Is Pet Insurance?
Pet insurance works similarly to health insurance. It helps pet owners cover veterinary costs.
You can find an insurance plan to cover dogs, cats, birds, reptiles, and many other animals you love.
What Does Pet Insurance Cover?
Pet insurance covers all of your bases for medical care. It includes:
- Vaccines
- Routine Checkups
- Neuters and spays
- Screenings
- Sick visits
- Routine and emergency dental care
- Allergy Treatments
- Emergency visits
- Hospitalizations
- Medications
- Imaging
- Surgeries
- Cancer care
Some insurance plans may even cover lost and stolen pets or death. Look here for more information.
How Much Does Pet Insurance Cost?
Pet insurance can cost you around $10 each month for one pet or under $20 for multiple. This adds up to under $200 annually. You would potentially pay more for one small procedure or illness without insurance.
Reasons to Buy Insurance for Pets
Cat and dog owners should always buy insurance for their pets. These fur friends tend to live a long time and incur a lot of medical costs over their lifetime. You should also consider insuring other expensive animals with a long lifespan, like birds, certain reptiles, and other exotics.
Here are the reasons you should consider getting insurance.
Cut Expenses
Pet insurance will cut both your long-term and temporary expenses. Reducing the cost of your pet’s routine care alone makes paying the premium worth it. Paying less to keep your pet healthy allows you more of a budget to make them happy!
Responsibility
When something happens to your pet, you are responsible. This can seem harsh, especially when you did everything right to care for them and they still get injured or fall ill. As a pet owner, you need to take every measure possible to ensure your pet can always receive the proper care.
Save Your Pet’s Life
Pet insurance can mean the difference between life and death. High vet costs contribute to the decision to euthanize pets.
Many treatable conditions simply cost too much for the average pet owner to afford. When they do not have. the money to pay for it, the less expensive euthanization is the next humane step. Buying insurance for your pet means ensuring the funds to cover major costs that come out of nowhere to keep your fur family alive and well.
Is Your Pet Covered?
If you do not already pay into pet insurance, then buy a policy today. The reward of affording proper care for your pet outweighs the plan premium.
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