There are many things you should do when you own a pet to make sure they are ready for anything. Pet insurance is one of these things. This will help you avoid spending funds from your emergency savings accounts, which you don't want to do. It is important to be aware of your policy's limits, deductible and any supplementary fees.
Pet insurance can save you a lot of money if your dog or cat gets injured or ill. 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.
You have the option to purchase insurance for your pet from many different MA pet insurance companies. The cost of a policy will depend on whether your pet is over age or if you are looking for specific coverage. Many policies offer protection against injury and illness, as well as after-death benefits.
Some pet insurance companies offer additional coverage to cover wellness care. Wellness coverage covers regular checkups, routine cleanings, heartworm treatments, and flea and tick treatment. This level of coverage is not offered by all insurance companies. It is important to review the fine print and make decisions based upon your pet's current health and your budget.
While some insurers will cover 100% of your vet bills once you have met your deductible, others will only reimburse 70/30 or 80/20. Consider signing up to a plan that offers a higher reimbursement percentage if you have an expensive vet bill.
Many MA pet insurance providers will provide free quotes. You will need to provide basic information about your pet including its breed, age and pedigree. Once you have submitted these details, you will receive a free quote. A free quote will allow you to see how much you could pay for a policy.
Some pet insurance MA companies provide optional add-ons like lost pet and burial coverage. Another option is to get an accident-only insurance policy. This provides coverage for medical bills, dental, and surgery.
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.
If you are not satisfied with your policy, Embrace offers a full refund. Your policy can be returned within 30 days to receive a full reimbursement. Embrace doesn't offer a separate wellness plan, so you will need to find another company if your preference is for wellness care.
Some insurance companies will pay all costs incurred by your veterinarian. Others insurers will have higher deductibles, which means you'll need to pay more to file a case.