3 unique things you need to know about pet safety

Male Veterinarian holding and petting a Chocolate Labrador puppy - 8 weeks old
Although pet insurance does not work like other traditional types, it can be beneficial for millions of pet owners.

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Pet insurance offers owners a great opportunity to protect both their pet and their bank account. In exchange for a minimal fee to a provider, owners can have peace of mind knowing that their furry friends have medical care and, in the event of an emergency, they will also have the financial support to see them through.

Prices vary depending on the type and breed of animal but are generally under $40 for cats and under $70 for Dogs.

While the benefits of pet insurance it’s essentially, it doesn’t work exactly like health insurance for people. In fact, there are some notable differences that owners should be aware of in order to take full advantage.

If you are in the market for pet insurance or just want to add more pets to your coverage, then talk to a pet insurance expert today. They can help you get started with a free quote so you know exactly what to expect.

3 unique things you need to know about pet safety

Although pet insurance does not work like other traditional types, it can be beneficial for millions of pet owners. Here are three unique features to understand as you create your policy.

Pre-existing conditions

If you have a pet with pre-existing medical conditions, then you can generally expect that an insurance provider will not cover these specific issues.

“A pre-existing condition is any injury or illness that occurs or shows symptoms before coverage begins or during a waiting period,” explains Spot pet insurance. “A condition is considered pre-existing whether it has been formally diagnosed or not, all that matters is when it occurred or when the symptoms first appeared.

But this is not a cause for concern as the conditions can clear up and the insurance cover can be added back. “An injury or illness that is treatable, curable and without treatment and symptoms for 180 days will no longer be considered pre-existing, with the exception of knee and ligament conditions,” Spot notes.

It’s also a reason to act early while pet insurance rates are low—and before pesky health problems arise. A pet insurance expert can help you create a personalized plan.

Compensation

Pet insurance will cover you for a variety of medical visits, treatments and possible procedures. Providers just won’t do it right away. This is because pet insurance works on a compensation model.

When you go to the vet, you will be responsible for any services, procedures and medications your pet received at the time of the visit. So you should tap into your savings or charge your credit card that day.

Your pet insurance provider will reimburse you for the money you spent (depending on your policy and coverage). You will just need to file a claim and submit it. From there, your insurance provider will process it and send you back the money you spent.

Veterinarian introduction

When looking for health insurance for yourself, you can research things like in-network providers, premiums, and deductibles. And while these factors are also part of your pet insurance research, there’s one unique resource that many owners haven’t considered: the vet.

Your veterinarian can help you customize any insurance plan for your dog or cat. They are already intimately involved in the care and treatment of your animal and see a variety of related issues on a daily basis. By leaning on your vet for guidance, you can more precisely tailor your pet insurance coverage to just what you need now – or may need in the future. That way you won’t end up paying for protections you’re unlikely to use.

The bottom line

Pet insurance provides specialized medical and financial protection for both pets and owners. But like any financial investment, it helps to understand the intricacies in order to better optimize your policy.

Have more questions? Talk to a pet insurance expert today who can help.

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