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 help prevent you from having to use funds from your emergency savings account, which is something you do not want to do. Be aware of your policy limits and deductible and consider additional fees.
Pet insurance can be a great way to save money on your pet's medical bills if they are injured or become ill. 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 could help you avoid needing to draw on your family's emergency savings when you are in need of medical treatment.
You have the option to purchase insurance for your pet from many different MA pet insurance companies. The cost of a policy will depend on whether your pet is over age or if you are looking for specific coverage. Many policies offer protection against injury and illness, as well as after-death benefits.
Some pet insurance companies offer additional coverage to cover wellness care. Wellness coverage offers coverage for routine checks, dental cleanings, flea, tick, heartworm treatment, and regular checkups. Some insurance companies may not offer this coverage. It is important to check the fine print and make your own decisions based on your pet's health condition and your budget.
While some insurers will cover 100% of your vet bills once you have met your deductible, others will only reimburse 70/30 or 80/20. You should sign up for a plan with a higher reimbursement rate if you have a large vet bills.
Many MA pet insurance providers will provide 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. The free quote will provide you with an estimate of how much you should expect to pay for your policy.
Many MA pet insurance MA companies offer optional add-ons such as lost and burial coverage. You may also consider getting an accident-only policy, which provides coverage for emergency medical expenses, as well as dental and surgery.
For example, GEICO / Embrace will give you a free medical history review when you sign up for a policy. This will let you know if your pet has any pre-existing medical conditions that will affect their ability to be covered by most pet insurance plans.
If you're not happy with your policy from Embrace, you can get a refund. For a full refund, you can return your policy in 30 days. But Embrace does not offer a separate wellness policy, so you'll need to choose another company if you want 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.