Planning ahead is just as important for your furry family members as it is for your human family. Animal House Veterinary Clinic recommends all new pet parents consider purchasing Pet Insurance for your pet. Costs of veterinary medical care are increasing each year, especially emergency veterinary care, and it is truly heartbreaking for everyone when a treatable illness or medical emergency results in euthanasia of a beloved pet due to the cost of care. All pet insurance policies do require you to pay out of pocket at the time of services but will reimburse you once you send records and receipts.
Each policy will cover different services and may have maximum benefit coverage amounts so be sure to read these contracts carefully and choose the pet insurance that is most in line with what is important to you. There are policies that cover preventative care such as exams, vaccines, and dental cleanings, while other policies cover only major medical emergencies. Some major medical policies (Trupanion) will cover 90% of the cost of comprehensive cancer treatment including radiation therapy which can cost upwards of $15,000!
We encourage everyone to read the fine print before purchasing any pet health insurance policy! There may be breed-specific medical conditions that will not be covered with certain insurance policies such as cardiomyopathy (heart muscle disease) in Dobermans, hip dysplasia in Labrador Retrievers, or mitral valve disease (a heart valve condition) in Cavalier King Charles Spaniels to name a few.
It may be a better option to place the money you would pay an insurance company into a savings account for your pet. I have seen clients pay $75+ month for years for their pets health insurance and when the pet is diagnosed with a severe condition and they really need to utilize their pets policy they find their pets newly diagnosed medical condition is not covered! Be sure to read each policy carefully taking into account diseases your pet may be predisposed to or may be considered a potentially hereditary condition if your pet is a purebred breed.