Is Pet Insurance Worth the Cost?

Cat insurance

Veterinary care is getting more expensive, especially as more sophisticated diagnostics and treatments become available for animals. While it is not something many pet owners are even aware of, dog insurance, cat insurance or other pet insurance is a new trend that protects both your pet and your wallet.

According to the American Pet Products Assocation we spent a little over $11 billion on veterinary care for our pets last year. Despite that, only a little more than 2 percent of all U.S. pet owners have pet insurance. This is in sharp contrast to European countries where between 20 and 50 percent of pets are covered under some type of pet health insurance plan.

The main benefit of having a pet insurance policy is that it’s always there when you need it and will cover multiple visits, year after year. However, before you sign on the dotted line be sure to do your research, ask friends for recommendations, and read pet insurance reviews. Also do not be afraid to contact dog insurance companies to ask questions. The best pet insurance companies will be happy to answer any questions you have.