It is important to do pet insurance comparisons if you are looking to purchase coverage for your family pet. Every company that offers pet insurance has basic and premium packages to choose from. The deductibles will vary between packages and within each company. The total price of the insurance plan will vary depending on the features, the deductible, the breed, the age, and the overall heath of the pet. Usually a full feature plan will cost less than $100 a month, and a bare minimum plan can cost around $10 a month.
If you are shopping for a top of the line insurance plan, you can expect the monthly payment to be around $80 a month. And in some areas this plan usually has a $100 deductible that will cover accidents and illness. The insurance carrier will usually pay 80% of the costs including, preventive care, vaccinations, yearly check-up, dental care, and spay and neutering. The benefits of a premium plan are that they do not consider chronic-illness to be a “pre-existing” condition and does not exclude the pet from any coverage.
If you are looking for a less costly pet insurance plan, you can usually find a plan that has a $50 deductible for injury and illness. These plans usually pay 100% of the costs up to about $15,000. They also pay out for other things that are not included under injury or illness such as, the cost of placing a lost pet ad, compensation if you cannot find your pet, and kennel fees.
A more practical plan is one that costs about $25 a month, and has a $125 deductible for all injuries and illness. Once the deductible has been met, the owner will only have to pay 10% of the bill. For just a few more dollars a month, you can have a $50 deductible with the same coverage, and can add cancer coverage for an additional fee.
The least costly pet insurance plan will cost you about $6 a month and only covers accidents that may happen to your pet, illnesses are not covered. The carrier will usually pay 80% of the cost, and there is a $200 deductible. So as you can see, the lower your monthly payment the higher your deductible and the less percentage that the carrier will pay.
With these pet insurance comparisons, you can see that coverage for your pet varies just like coverage for your family. You can customize any plan to fit your specific needs. You can either compare them online, or you can ask your veterinarian if they recommend a certain insurance company.