Is Pet Insurance Worth the Cost? And How Much Are they?

Written by Alyssa Orcuilo and Jacqueline Slobin

If you have a pet, you probably know how costly it can be to bring them to the vet. The average pet visit can cost anywhere from $50- $400. Similar to human health insurance, a deductible, reimbursement, and out of pocket maximum may be applicable, depending on the insurance option you choose. 
 

Pet insurance is an option you can choose to save money on veterinarian expenses such as illnesses and injuries. Many pet insurances have a yearly expense and are paid monthly. You may have to pay a premium and you would get the cost reimbursed. 
 

Similar to regular insurance, the policyholder would pay a small portion of the bill and the insurance company pays the remainder.  After your visit and payment, you can file a claim with your insurer to be reimbursed, but keep in mind that insurance does not cover all ailments and procedures your pet may need treatment for. These are the most common exclusions:
 

• Dental disease
• Preexisting or hereditary conditions
• Behavior issues
• Routine check-ups, preventative care
• Hip dysplasia
• Grooming

Comparison of using pet insurance and not using it.

What Pets Qualify for Pet Insurance?

Pet insurance is for all different types of pets, including dogs, cats, rabbits, ferrets, exotic birds, reptiles, potbelly pigs, and various rodents. Read below to find the best option for you and your pet. Coverage costs will largely depend on the age, health profile of the animal, and the level of care you choose.

There is a variety of insurance available for different types of pet