Pet insurance information you may not know

If you have a cat or dog, you already know how expensive it can be to care for them. From food and grooming to boarding costs, the cost of keeping a pet can add up quickly. When you add treatments and vet visits to the list, however, it can quickly become difficult to finish.

Fortunately, there are now more Pet insurance Market providers who can help reduce many of the costs associated with veterinary care. Some policies will even cover your pet in full, putting you in a much better financial position than if you had to pay out of pocket.

Although the benefits of pet insurance are substantial, there are a few nuances to understand in order to get the most out of a plan If you’re considering pet insurance, start by getting a customized price quote.

Pet insurance information you may not know

Here are three facts to keep in mind when starting the pet insurance process.

A pre-existing condition may not be a deal-breaker

If you’re already deep into the pet insurance application process, you already know that Pre-existing medical conditions will not be covered. This is standard industry practice across providers. But did you know that it doesn’t have to be a deal-breaker? In fact, depending on the provider, you may still be able to secure robust coverage once the issues in question are cured.

Spot pet insuranceFor example, it will not cover pre-existing conditions but it may provide protection at a later date.

“However, with a plan offered by SPOT, this does not mean that the condition cannot be covered in the future if it is curable,” they explain. “An injury or illness that is curable, incurable, and free of treatment and symptoms for 180 days, excluding knee and ligament conditions, will no longer be considered pre-existing. If a knee or ligament condition occurs before the coverage becomes effective date or waiting period, Any future ones will not be covered.”

Lemonade Pet Insurance There is a similar method.

“A curable condition is a temporary condition or injury that resolves for at least 12 months and can be considered for coverage in eligible states (check with customer service to see if curable conditions are covered in your state),” the pet insurer notes. . “Knee or ligament conditions and chronic conditions such as allergies, asthma or cancer cannot be cured.”

So, if your pet currently has a pre-existing condition and you want to insure them, don’t worry. You may have to wait a little longer to set up a policy Get a free price quote now so you know exactly what to expect

It works on a reimbursement model

Many pet owners look forward to the day when a pet insurance company can cover the cost of a vet visit. And while that would be a welcome change, don’t expect it to come immediately — or on the day of the visit. That’s the reason Pet insurance works on a reimbursement basis. You have to pay for the service on the day of the visit but can file a claim for a refund afterwards Reimbursement terms and the time it takes to get your money back will depend on the type of policy you have and the individual provider. So be sure to shop around first to find the best insurance company for your pet. You can use the table below to get started.

Cats are cheaper than dogs

This may not be a helpful fact if you already have a pet. But if you’re not sure what kind of pet to get — or want to get a new one to add to the family — cats are cheaper to insure than dogs.

“Cats are cheaper to insure than dogs because medical costs are generally cheaper for cats.” Lemonade Explains “Although cats live longer than dogs, and both will require vaccinations and exam fees throughout their lives, cats have fewer medical problems. Many cats stay indoors, so they are less likely to be exposed to accidents or accidents. Compared to a dog. Illness. Dogs are also more prone to hereditary conditions like hip dysplasia or cruciate ligament problems.”

How much cheaper are cats than dogs? It depends on the unique characteristics of your pet Breeding But you can typically expect to pay $30-$70 per month for a dog versus $15-$40 per month for a cat.

Bottom line

Pet insurance is an effective way to combat looming and expensive medical care for dogs and cats. To get the most return on your investment, however, understand that pre-existing conditions don’t always have to be deal-breakers. And do your homework so you know how to get a refund for services. Finally, make sure you understand the intricacies of the pricing structure the cat And the dog and their specific caste.

Have more questions? Get a customized pet insurance quote now and learn more!