Pet insurance is usually more expensive for pets with pre-existing conditions than all medical plans. However, there are ways to minimise these extra costs. Keep your pet healthy. Early detection is the key to preventing many health issues, and a healthy pet will likely pay a lower insurance premium than a pet with a pre-existing condition. Seek out a pet insurance provider that will work with you in the event of a claim. Some companies will waive the deductible or co-insurance for early detection and wellness care claims or will only charge a co-insurance for claims related to a condition your pet is already being treated for.
Owning a pet can be expensive, and pet insurance is one way to help offset that cost – but it’s important to understand your policy and know how much pet insurance costs before you sign up. Please stay and learn how to cut the cost of your pet insurance.
Annual Check-ups
Did you know you can get up to 25% off your annual pet insurance check-up? Pets are an integral part of a family, but their yearly check-ups can be expensive. Pet insurance can drive down the costs of these exams. Getting an annual checkup from your veterinarian or a veterinary hospital that accepts pet insurance can lower your annual costs by an average of 40%!
Veterinarians recommend annual checkups for your pet to stay on top of your pet’s health. But did you know that some pet insurance companies will actually cover these yearly vet visits? In many cases, the price can be significantly less than you’d spend at an urgent care clinic or your pet’s regular veterinarian’s office.
Breed
While a dog insurance policy may seem like a lot to pay for pet insurance, the cost of insuring a Golden Retriever is higher than the cost of insuring a Poodle. That’s because pure breeds tend to be more expensive than mixed breeds. For example, male Yorkshire Terriers cost a lot more to insure than female Yorkies.
Pet insurance is an interesting concept; at some point, you have to decide if the benefits of added security from vet bills are worth the cost of annual premiums—and it does vary from pet to pet. For example, certain breeds are more likely to have medical conditions that require more frequent vet visits, which means higher premiums.
Type of policy
That’s for sure. As pet parents, we want what’s best for our furry family members. That’s why so many pet parents choose to get pet insurance. Unfortunately, some pet parents end up overpaying for their policies. If you want to minimise the cost of your pet insurance, here are the actual policies you must know:
- Lifetime policy: Pet insurance is a great way to help cover the costs of treating your pet should something happen to them. And a lifetime policy can mean that your pet is covered regardless of their age or health condition.
- Time-Limited Policy: Pet insurance can make sense if your pet needs regular veterinary care. But if you’re not sure you can afford it, a pet insurance time-limited policy is a good, affordable place to start. Because pet insurance’s time-limited policy has no annual limit, you know you’ll have coverage whenever you need it.
- Accident-only policy: This insurance only covers sudden unfortunate things that happen to your pet. Also, its time and money are limited and only cover onset trauma.
- Money-limited policy: This covers your pet’s health care needs until you have used the amount limit and then cut you from the insurance.
Other Ways to Cut the Cost of Your Pet Insurance
Pet insurance can be expensive, so it’s essential to learn how to minimise the cost of your pet’s insurance policy. Here are some ways to keep your policy from being too expensive:
- Compare pet insurance premiums
- Understand what is covered
- Understand the exclusions and limitations
- Look for discount
- Choose a large deductible
- Look for multi-pet promo
- Get a low-maintenance pet like a cat