If you’re looking to buy puppy insurance for your new pup, it’s important to understand the types of coverage and options available. The cost of puppy insurance will vary widely, depending on your dog’s breed, age, location and the provider you choose.
Deductible & Reimbursement Level
The deductible and reimbursement level are the first things you should consider when choosing a puppy insurance plan. The deductible is the amount you will be required to pay out of pocket before the insurer starts to cover expenses. It is generally a good idea to select the lowest possible deductible. The reimbursement level is the percentage of the total cost that the insurer will pay for each claim, and this is typically capped at a maximum of $15,000 per year.
When deciding on a pet insurance policy, it’s also important to consider the types of medical conditions covered. Some policies only cover accidents (like a torn ACL or swallowed object), while others include both accidents and illnesses (such as cancer and ear infections). Comprehensive coverage, often called “nose to tail” insurance, includes all of these and is usually more expensive than other types of insurance.
Some insurance providers offer hereditary disease coverage, which is an important consideration if your pet is prone to certain ailments. Hereditary diseases are inherited conditions that your pet may develop over their lifetime, such as hip dysplasia or cataracts. Some insurance companies exclude hereditary diseases from the policy or charge higher premiums for these conditions, so it’s best to ask about this before you purchase a policy.
Buying puppy insurance is worth the cost, as it can significantly reduce the financial burden associated with unexpected vet bills. However, many pet owners have questions about the exact cost of a policy and how to find the best deal. Fortunately, the Pawlicy Advisor price comparison tool helps pet owners compare prices from top-rated pet insurers and make the best decision for their family. puppy insurance
