When you have a pet, there are many things you can do to make sure you are prepared for medical emergencies. One of those things is pet insurance. You can avoid having to withdraw funds from your emergency savings account. Make sure you are aware of your policy's limits.
Pet insurance can help you save lots of money in the event that your dog or cat becomes ill or is injured. A study in 2016 found that $15 billion was the average cost to treat a dog or cat in the United States. A pet insurance policy can save you from having to dip into the family's emergency funds when it comes to paying for medical treatment.
There are several MA providers of pet insurance that you can choose from to insure your pet. Costs for pet insurance can vary between states. They will vary depending on the age of your pet, as well as the coverage you require. Most policies cover injuries and illnesses, but they also may provide after-death damages.
Some pet insurance companies provide additional coverage for wellness. Wellness coverage includes routine checkups and dental cleanings. It also covers flea, tick, or heartworm treatments. Some insurance companies may not offer this coverage. It is important that you read all the fine print before making any decisions.
Some insurers will cover 100% after you reach the deductible. Other plans will offer a 70/30, 80/20 or 70% reimbursement. If you have a large vet bill, you should consider signing up for a plan that has a higher reimbursement rate.
Many MA pet insurance providers will provide free quotes. They will also ask for basic information about your pet such as its breed, history, and pedigree. Once you have provided these details, you'll receive a quote. You will receive a free quote that will let you know how much you can afford to purchase a policy.
Many MA pet insurance companies offer optional extras like burial or lost pet coverage. A policy that covers emergency medical expenses as well as dentistry and surgery may be an option.
GEICO / Embrace offers a free review of your medical history when you sign up to a policy. This will help you determine if your pet has pre-existing conditions, which will be excluded from most pet insurance plans.
Embrace also offers a money-back guarantee if you're dissatisfied with your policy. To get a full refund, you may return your policy within 30 calendar days. But Embrace does not offer a separate wellness policy, so you'll need to choose another company if you want wellness care.
Some companies will also reimburse all expenses incurred by your veterinarian. Others insurers will have higher deductibles, which means you'll need to pay more to file a case.