Many pet owners are increasingly finding their pet insurance not favorable with rising premiums. Yet pet insurance saves a lot when your pet needs a major health operation like tooth extraction or minor surgery to remove a growth. There are some few questions you should get answered to get the best pet insurance deal.
What is the type of insurance?
Very basic – Accidents only
This type of coverage comes into effect only for accidents but not illnesses. Many of these types of policies have a time and money limit.
Basic coverage – Per condition with a time limit
This type of policy will cover both illnesses and accidents but only in a specific period, usually 12 months. There will also be a cost limit. For example, a 12 month, $1,500 limit means that your pet will be treated within a year of being diagnosed but only up to $1,500. After that, you meet the costs.
Mid-level– Per condition no time limit
This coverage does not have a time limit. Your pet will be treated for an accident or illness for any period after diagnosis but with a cost limit. The treatment continues as long as the coverage is active and renewed.
High level- Lifetime coverage
This is a comprehensive, no time limit coverage that has a high limit—sometimes upwards of $10,000.
What is not covered?
Get clarification on what is covered and not covered. Many policies will not include pre-existing conditions and hereditary conditions. Weigh the added costs that would be needed to cover these excluded conditions.
Your pet could require prescription medicine for some conditions. Find out if the policy includes prescription medication since this can be quite costly for some medicines.
While neutering and spaying are typically not included in the accident and illness types of policies, it is good to know how the pet insurance coverage can cater to costs related to these two important pet population control measures.
How much is the deductible?
Will you be required to pay a deductible, and if so, how much? Pick a plan with a deductible that you can afford. You should keep in mind that the higher the deductible, the lower you will pay in premiums.
What is the choice of the vet?
Does the coverage allow you to pick a vet of your choice? A policy that allows you to pick a vet is best since you can use the vet who has a history with your pet.
What is the reputation of the insurance provider?
Does the insurance provider have a good reputation? Check out different reviews and look out for any complains and how they have been handled.