Should You Buy Pet Insurace?

By Chaoran Hu

With the incredibly increase of the vet bills, and availability of new treatment for the pets, most people will face a hard time in paying off the high veterinary costs. Therefore, they have to consider insurance for their pets in order to reduce the costs. Pets insurance means coverage of the veterinary costs once the pets become ill and get injured by some accidents. Some policies will also pay out when pet dies, gets stolen or lost.

Assuming that your pet becomes injured, he may require surgery to survive. That would cost you around $2000-$3000 to heal them of their sickness. Most people can't afford that at one time, which becomes a problem for them. And at this moment, you have to make a decision that whether you want to save the life of your pets.

Let's take a look at what will be covered in a pet insurance:

Routine Care Coverage: Annual physical exams vaccinations Heart worm detection & treatment spay/neuter procedure teeth cleaning prescription medication for flea control general, comprehensive health screen Some Pet Insurance providers offer veterinary HMO/PPO plans that cover these issues. Others offer more coverage that includes professional consultation, de worming, fecal tests, and microchip identification.

Therefore, pet Insurance could be the solution for you. While pet insurance covers 1/8 of all pets in the UK, less than 1% of US pets are covered by some form of pet insurance. However, more and more Americans are taking out pet insurance on their animals. The reasons are costs, and your care to your pets.

References:

http://uk.insurancewide.com/insurance/pet/news/2009/february/call-for-more-owners-to-invest-in-pet-insurance-20000131/

http://www.insurancetraders.com/specialty/pet.html

http://www.pet-insurance-info.com/WhatItCovers.html