Considering pet insurance? Avoid this big mistake

Pet ownership can be an exciting and fulfilling experience for years to come. But when owning and caring for a dog or cat, paying for their inevitable medical care can be a burden, especially now. Costs have increased. In today’s economic climate, it makes more sense than ever to offset these costs by securing a pet insurance policy. Depending on the type and provider, a pet insurance plan can compensation Owners pay up to 90% of the care they would otherwise pay out of pocket.

when A pet insurance benefit Like any other financial product or service, there are plenty of plans, some important ones too Mistake to avoid For example, you don’t want to apply for the cheapest and most comprehensive care later in your pet’s life if it’s often reserved for small animals. But it is primarily a cost concern. Arguably an even bigger mistake owners should avoid is covering their pets.

If you’re in the market for pet insurance, get started now by getting a free price quote here.

Avoid these major pet insurance mistakes

While you shouldn’t wait to get health insurance for yourself until you’re sick, you should also avoid doing the same for your dog or cat. Don’t wait until they are sick to apply for pet insurance Because you won’t get cover in time for it to be helpful.

That is why pet insurance company is a mandatory one waiting time Before they cover your pet. If you wait until they get sick, your waiting time will overlap with them getting sick, meaning you’ll still have to pay for treatment and medication until your policy goes live.

“The 15-day waiting period, which begins the day after you enroll, is a specified period before your coverage begins and you can be paid for claims,” ​​Pet Insurer Brought to you by the dodo says “We cover injuries and illnesses that occur after the waiting period is over. Any claim you submit during the waiting period will not be covered. Any injury or illness that occurs during the waiting period will be treated as a pre-existing condition, meaning it will not be eligible for coverage.”

According to Fetch by the Dodo, “There is a 6-month waiting period before hip and knee injuries are covered. You can waive the waiting period for knee injuries by having your pet examined by a veterinarian within the first 30 days. Your policy determines if any of them are relevant.” No pre-existing conditions.”

Different providers have different approaches to waiting periods – some may be longer and some may be shorter. However, what is standard is that they all have some waiting time. So don’t wait until your coverage needs are urgent. Apply today while your pet is healthy and have your pet insurance readily available when you need it most. Get a free quote here now.

Avoid other pet insurance mistakes

While applying later in your pet’s life and waiting to apply when they are already sick are two of the biggest pet insurance mistakes to avoid, they aren’t the only ones. Here are two more pet insurance mistakes that owners should do their best to avoid:

Not shopping around

The pet insurance industry has grown significantly in recent years, providing owners with more options than ever before. In this environment, it pays to shop around before signing on the dotted line. Get quotes from at least three different providers to improve your chances of finding the best and most affordable policy.

Typing wrong

there There are multiple types of pet insurance Picked from. Make sure you know why you need pet insurance — and what you can pay for it — before choosing a type. Different types have different price points (and cover different treatments), so do your research first.

Bottom line

Pet insurance is a great way to protect your pet – and your bank account. To do both effectively, however, you’ll want to avoid making some big mistakes. Namely, waiting to apply for a policy when your pet is sick can backfire because you have to complete a waiting period before the insurance kicks in.

So don’t wait. Get started early and enjoy the benefits and peace of mind that a pet insurance policy can provide today