There are many things you could do to prepare for an emergency with your pet. One of those things is pet insurance. You can avoid having to withdraw funds from your emergency savings account. You should always be aware of your policy's limits and deductible, and consider supplementary fees.
Pet insurance can save you money if your pet is sick or hurt. A 2016 study showed that pet insurance can save you a lot of money if your cat or dog is sick or injured. A pet insurance policy will help you to avoid the need to tap into your family's emergency fund to pay for treatment.
You have the option to purchase insurance for your pet from many different MA pet insurance companies. Prices for policies can vary by state and depend on your pet's age and how much coverage you need. Most policies include protection against injuries and illness. Some may also offer after-death coverage.
Some pet insurance companies provide additional coverage for wellness. Wellness coverage covers regular checkups, routine cleanings, heartworm treatments, and flea and tick treatment. But not all insurance companies provide this level coverage. It is important to review the fine print and make decisions based upon your pet's current health 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. If you have a large vet bill, you should consider signing up for a plan that has a higher reimbursement rate.
Many MA pet insurance providers will provide free quotes. They will also require some basic information about your pet, including its breed, age, and pedigree. A free quote will be provided once you have completed these details. Get a free quote to get an idea of the cost of a policy.
Some pet insurance MA companies provide optional add-ons like lost pet 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 allow you to determine if your pet is suffering from pre-existing conditions.
If you are not satisfied with your policy, Embrace offers a full refund. Your policy can be returned within 30 days to receive a full reimbursement. Embrace cannot offer a separate policy for wellness, so you will need another company to provide wellness care.
Some insurance companies will pay all costs incurred by your veterinarian. Some insurers have a higher minimum deductible so you will need to pay more when you file a claim.