Should you buy pet insurance? Here’s when it makes sense

Pet owners are well versed in the weekly, monthly and annual costs of caring for their pets. Food, decor, boarding and medical care all add up – and These costs are only increasing. With this in mind, many owners are looking for ways to save and reduce costs, if not eliminate them entirely. This is where pet insurance can be useful.

In exchange for a monthly premium paid to a provider (often discount If paid annually), owners can secure coverage for a wide range of treatments, medications and Veterinarian visit. Depending on the policy and insurance company, owners may potentially compensation For 90% of their pet’s medical care.

All that being said, pet insurance is not for everyone. There are times when this makes sense and others when owners may want to consider going elsewhere. Learn more and start getting a free pet insurance quote here now.

When it makes sense to buy pet insurance

Here are three times when pet insurance makes sense for you and your furry family member.

When you adopt your pet

If you adopted your pet, you may not have all of their medical information and history. In some cases, even adoption agencies or shelters may not have a pet background. Buying pet insurance can be beneficial in this case. Since you don’t know your pet’s complete history, you also don’t know what medical problems they may have or what allergies or medical conditions they may suffer in the future. By purchasing a pet insurance policy now you can protect yourself against any problems that may arise in the future. And if you act quickly, you’ll better your chances of securing a cost-effective plan vs Wait until your dog or cat is sick.

Get a free pet insurance quote in 30 seconds here.

When your pet is young and healthy

Purchasing pet insurance while your pet is still young, active and healthy may seem counterintuitive, but it’s advisable Now is the best time to get a pet insurance plan. Younger pets are naturally healthier pets – making them less risky to insure. That reduced risk will be reflected in cheaper monthly and annual premiums charged to owners.

But that’s not the only reason why it makes sense to insure your pet at this stage in their lives. If you get pet insurance for a young pet, you’ll have more coverage choices than waiting. Pet insurance providers will not cover Pre-existing medical conditions. So work when your pet is still young and those conditions aren’t present. If you wait, your chances of paying more for less coverage only increase.

When you own a certain breed

something the dog And cat breeds May you live a long, healthy life. Others, unfortunately, will be more prone to medical conditions and will require additional care and treatment. If you’re the latter type of owner, it makes sense to get pet insurance to help cover their inevitable medical and medication costs.

For dog owners, this can mean insuring Newfoundlands, English and French Bulldogs, and Jack Russell Terriers. Owners of Abyssinian, Persian or Ragdoll cats, meanwhile, should also strongly consider getting a pet insurance policy to pay for their future treatments and vet visits.

In short: If you already know that your breed is prone to more medical problems than other breeds, consider getting pet insurance now so you have it when you need it.

Check pet insurance prices now here or compare some of the top providers in the table below.

Bottom line

Pet insurance can provide valuable protection for millions of pet owners. But it can be especially beneficial for those who have adopted their pets or whose dogs or cats are still young and healthy. Similarly, if you already know that your breed may need frequent and extensive medical care throughout their lives, getting pet insurance may make sense.