There are a number of important factors to consider when choosing pet insurance. Some policies may exclude certain conditions. Pre-existing conditions may include hereditary problems or specific illnesses that are curable. Other conditions may be covered only partially or not at all. Certain policies may be worthless for healthy animals. However, there are a few key factors that will make the choice of pet insurance less difficult. Listed below are some of the most important points to consider.
Cost-effectiveness – Depending on the amount of coverage you choose, you can cut costs by choosing a policy with a lower deductible. Accident-only policies, for example, can cost as little as $35 a month. However, you’ll have to pay premiums, which can be high. Moreover, insurance plans rarely cover routine wellness checkups. Moreover, some policies limit the amount you can claim per incident or yearly. You might end up paying the deductible regardless.
While most insurance plans offer basic coverage, accidents and illnesses policies provide more coverage. You can select a plan that offers a combination of both. An accident-only policy will cover accidents, but an illness-only policy will cover illnesses as well. However, many pet insurance companies will reduce coverage as pets get older, so getting it when your pet is young will reduce pre-existing condition exclusions and lower monthly premiums. Additionally, wellness coverage is optional, and can be paid separately, added to your pet insurance premium, or purchased out of your own pocket.