There are several factors to consider when deciding how much a pet health insurance policy will cost. Premiums will vary, depending on the animal’s age and the insurer’s policies. Some insurers will not take animals over 14 years old, but there are other ways to lower your monthly premium. Lowering your deductible or increasing your co-pay will lower your premium. However, the higher your deductible is, the higher your monthly premium will be.
Some insurance companies will cover a portion of the cost of veterinary care, but you can customize your policy by choosing a lower deductible or a higher reimbursement rate. But just be aware that insurance won’t cover all veterinary costs. In addition, most plans do not cover routine procedures like teeth cleaning or annual checkups. The main goal of pet health insurance is to cover unexpected costs, such as dental and medical care.
Accident-only coverage is the cheapest type of pet health insurance. It covers unexpected medical expenses, such as surgeries, and can be purchased for a couple of dollars a month. This type of insurance is most affordable for young and healthy pets. By locking in coverage when your pet is young, you ensure that they’re protected against unexpected accidents and illnesses. There are several factors to consider when determining the cost of a pet health insurance plan.
The basic coverage offered by most plans varies, depending on the pet’s age, breed, and location. Some plans offer accident-only coverage, while others offer wellness coverage. The best way to determine the price of pet health insurance is to compare policies side-by-side. Be sure to compare each plan’s lifetime value and annual cost. A pet insurance policy will give you peace of mind when a health emergency strikes.