There are many things you could do to prepare for an emergency with your pet. Pet insurance is one such thing. This can protect you from the need to draw on your emergency savings fund, which you may not wish to do. It is important to be aware of your policy's limits, deductible and any supplementary fees.
Pet insurance can save you a lot of money if your dog or cat gets injured or ill. According to a study, the average cost of vet care for pets in the United States was $15 million in 2016. A pet insurance policy could help you avoid needing to draw on your family's emergency savings when you are in need of medical treatment.
You have the option to purchase insurance for your pet from many different MA pet insurance companies. The cost of a policy will depend on whether your pet is over age or if you are looking for specific coverage. Many policies provide coverage against illness and injury, and may offer after-death indemnity.
Some pet insurance companies provide additional coverage for wellness. The wellness coverage covers routine checkups, dentistry cleanings, as well as flea, tick and heartworm treatment. But not all insurance companies provide this level coverage. It is important that you read all the fine print before making any decisions.
While some insurers will cover 100% of your vet bills once you have met your deductible, others will only reimburse 70/30 or 80/20. You should sign up for a plan with a higher reimbursement rate if you have a large vet bills.
Many MA pet insurance companies will offer free quotes. They will also need basic information, such as the breed, age and pedigree of your pet. After you submit these details, you will get a free quote. A free quote will allow you to see how much you could pay for a policy.
Many pet insurance MA companies also offer optional add-ons, such as burial and lost pet coverage. An accident-only policy provides coverage for dental and surgical expenses.
For example, GEICO / Embrace will give you a free medical history review when you sign up for a policy. This will help you determine if your pet has pre-existing conditions, which will be excluded from most pet insurance plans.
If you're not happy with your policy from Embrace, you can get a refund. You can return your policy for a full credit within 30 days. Embrace cannot offer a separate policy for wellness, so you will need another company to provide wellness care.
Some companies will also reimburse all expenses incurred by your veterinarian. Other insurers will have a higher deductible, so you'll have to pay more out-of-pocket when you need to file a claim.