Why You need Pet Insurance and How to Protect your Furry Friend

Insurance is important to many people for a whole variety of things. There are many different types of insurance, some which are compulsory and some which are optional. For example, car insurance is a requirement for cars to be driving on the road, not having this insurance and driving is illegal. This is because driving is dangerous, even with strict tests to ensure everyone is ready to be on the road there are still many accidents reported daily, one couple recently were driving with their dog, and they became a lead after getting into an auto accident and this case highlighted how important pet insurance is. Their car was insured as it is a necessity, but they did not have pet insurance. Pet insurance, like life insurance, bicycle insurance, and home insurance are all optional. After compulsory insurance most people payphone insurance monthly, then house insurance is the next most widely paid for and a surprisingly low number of people pay for pet insurance. Pet insurance is just as important as any other type of insurance, once you decide to buy or adopt an animal you are ultimately responsible for their well-being and a huge part of this is making sure that they’re insured if anything were to happen to them. This article will cover why pet insurance is so important and how it helps you to protect your furry friend. 

Is pet insurance worth the cost? 

Pet insurance may seem expensive initially as it averages around $500 per year. This may seem like a huge additional expense for you during the year, but if anything happens to your pet the bill for their treatment will be much higher, on average treatments cost at least a few thousand dollars. If you think that you can afford an expensive vet bill, then you don’t need insurance, but most people find it easier to pay a small amount monthly to avoid being faced with a huge bill. It’s important to consider things like how old your animal is, for example, insurance will cost more for an older animal but it’s usually worth paying the extra as an older animal is more likely to need care.  


What pets can be insured?

The most commonly insured pets are cats and dogs as these are the most common animals who live at home with families. If you have a cat or dog, then you’re lucky on your search for insurance as most providers will provide insurance for these animals. If you have a different pet animal then your search will likely be a lot harder, for small mammals such as rabbits, there is usually available insurance but often it is not worth it as they have a much shorter life span than dogs and cats. If you have an animal like a parrot or a lizard then it’ll be much more difficult to find insurance as not many providers offer it, but with enough research, there is usually a provider in every area who can. Animals that are venomous cannot be insured under pet insurance, but you can instead look into liability insurance.  

What does pet insurance actually cover?

This is a big question that many people are confused about when looking for insurance for their pet. Whilst different providers and different insurance plans will offer different things, there are the main things that will be offered by every insurance company. These are things such as funding towards veterinary bills which are often expensive, loss of your pet or if your pet is stolen, funding towards additional treatment required for behavioral problems, death should your pet be ill or injured and in the case of dog’s, liability cover, this means that if your dog was responsible for injuring someone, the insurance company would pay out any money you owe in compensation.  


What are the types of pet insurance?

There are 3 main types of pet insurance, the 1st is life insurance. If you want the best care for your pet then this is the best type of insurance to get for them, it involves paying an annual premium and you will get lifetime coverage from that provider, no matter what happens to your pet. There is also annual insurance which is a 12-month contract for insurance, if you do this and your pet developed a condition then it will be expensive to renew your 12-month insurance at the same price, keep this in mind when deciding between lifetime and annual. The final option is the riskiest, it is accident-only cover, it’s the cheapest but also offers the least protection as it doesn’t insure against illness, only injury. Any of these insurances will help to protect your furry friend should there come a time when they need it.