Smart way to cut pet insurance costs

If you have a dog or cat, you already know how expensive it can be to take care of them. Food, toys, decorations and boarding all add up quickly. with Rising veterinary costs Added to the mix, pet ownership in 2023 isn’t cheap. Fortunately, pet insurance can help ease some of the financial burdens of pet ownership. In exchange for a modest fee to a provider each month (often discount If paid annually), pet owners can secure coverage for a wide range of medical issues and treatments.

That said, pet insurance is similar to other financial products and services. To get the most cost-effective policy, there are some smart strategies that both owners should employ before getting a pet insurance plan.

If you’re thinking about insuring your dog or cat, get started by getting a free price quote now.

Smart way to cut pet insurance costs

Here are three smart ways owners can reduce what they pay for pet insurance.

Get an accident-only policy

If the goal is to insure your pet for a reasonable cost then an accident only policy may be the smart way to go. Unlike its more comprehensive counterparts Policy, this type of pet insurance will only provide a baseline of protection for items like broken bones or accidentally swallowed objects. Because coverage is limited to these types of conditions, the corresponding price is typically lower than what owners would pay for more varied care. That’s not to say that more comprehensive coverage isn’t worth pursuing, just that accident policies are a cheaper option. If you want pet insurance but don’t want to break the bank to get it, an accident-only policy is a smart way to achieve both goals.

Get a free pet insurance quote here now to learn more.

Consult your veterinarian

Your vet isn’t the only person you should talk to about your pet’s health and well-being. They too An excellent resource for anyone looking for ways to reduce pet insurance costs. You can more effectively create a personalized pet insurance policy by tapping with your veterinarian for guidance. Your veterinarian is well acquainted with your pet and their medical history. Chances are they also specialize in your pet’s specialty Breeding. They can help create a feasible policy (or modify an existing one) so that you only pay for the coverage you need now or will need in the future. That way you don’t end up paying for unnecessary and unrelated coverage options.

Apply soon

As with other insurance types, the lowest rates and best terms are generally reserved for younger, healthier applicants. So the younger your pet is the more likely you are to secure a cheaper policy. Every birthday that happens will make insuring your pet a little riskier. That risk will be reflected in increased premiums to the owner, so it pays to act immediately.

But there’s another reason to apply early besides just cost. Pets will not be covered by insurance Pre-existing medical problems until they are clear. If the problems persist, the policy will exclude those issues. Pet owners can overcome these limitations by insuring their pets while they are healthy before any nagging problems arise. You can get cheaper coverage and more coverage options by applying while your dog or cat is still young.

Get a customized pet insurance price quote here now.

Bottom line

Pet insurance is a smart and safe way to protect both your pet and your wallet. To do the latter more effectively, however, it may be worth getting an accident-only policy to keep costs down. Owners should also consult with their veterinarian, who can help them create a customized policy for their dog or cat, avoiding unnecessary costs in the process. Finally, owners should seriously consider applying as soon as possible to avoid higher premiums and possible coverage exclusions.