Tips For Finding the Best Pet Insurance

Tips For Finding the Best Pet Insurance

Finding the best pet insurance can be difficult. With the wide range of plans and prices it can be hard to choose. Here are some things that you should consider when trying to choose the best pet insurance.

Monthly Premiums

The amount of the monthly premium should offer a good return on your investment for the amount of coverage that you get. A good pet policy should offer a discount if you pay early or if you pay for the whole year in advance.

What's Covered

In exchange for your monthly premium you should have a large number of things covered. This should include things like x-rays, surgeries, medications, illness, and accidents.

Usually the higher your monthly premiums, the more things that are covered. Your goal should be to get the most things covered for the cheapest price.

Coverage Limits

Coverage limits on the best pet insurance policy for you should offer a large amount of protection, $1000, $2000, up to $10,000 of coverage limits are normal. Your goal should be to get the highest coverage limits for the cheapest price.

Deductibles

The deductible for most insurance policies is $100, the higher the deductible the lower your premium. Deductibles for pet insurance policies can vary from $50 up to $500. You want the lowest deductible, for the lowest monthly premium.

Waiting Period

Waiting periods are designed to prevent pet owners from buying a pet policy when their pet is sick. This is done to prevent abuse of the insurance system. Your policy should have the shortest waiting periods. Remember if your pet gets sick during the waiting period that illness will not be covered by the policy.

Summary

Remember the best pet insurance is one that offers the lowest monthly premium, and the most coverage, with the lowest deductible, and with the highest coverage limits.