by hummingbird » Sat Jan 05, 2008 04:35 pm
You have decided to obtain pet insurance for that special member of your family, but that does not mean that you have to give up all the finances that you have. Yes, pet insurance can be expensive, but if you can shop a little sensibly, then you can find various ways to get cheap pet insurance.
What affects the cost of pet insurance?
The cost of pet insurance can be affected by several factors:
Here are few simple tips to help you lower the cost of pet insurance:
Your pet is your family member and you are responsible for its well being. Pet care can be expensive and pet insurance can save you when you suddenly need to take your pet to the vet for treatment. So if you have pet insurance, your provider can pay for the cost of treating your pet (s) for any kind of illness.
- The kind of insurer you get pet insurance from
- The place where you stay
- Sex of your pet
- The policy limits that the insurance company offers
- The type of pet that you own
- Age of your pet
Here are few simple tips to help you lower the cost of pet insurance:
- The first thing that you need to decide when looking for pet insurance is the type of insurance to buy for your pet. Find a policy that suits your pet's needs and provides the coverage that you have been looking for.
- It is important that you find out how much you will have to pay out of your pocket before your insurance provider reimburses the cost of treatment. You must also find out if there is any annual cap to the existing policy and also how much will be the maximum amount paid by the insurance company per treatment.
- Veterinarian costs can vary significantly from one region to another. Small towns usually have lower pet care costs as compared to big cities. This affects the reimbursement rates and some insurance providers base the pet insurance premiums on your zip code and some may base it on the state you reside in.
- Dogs are said to suffer more injuries than cats and hence need to be taken to the vets more often. Due to this insurance for dogs is comparatively more expensive to cats. Purebreeds are subject to specific ailments and hence they too attract greater premiums. Insurance companies may simply exclude certain illness or medical conditions that are considered hereditary within certain breeds of animals.
- Pets at the age of 8 weeks through 5 years old get the best insurance premium rates. Usually insurance companies do not agree to write policies for older pets. However, even if you have insured your pet at a younger age, the premiums may go up as your pet grows older.
- Having too much pet insurance won't help. However, the excess in pet insurance is the amount that you need to pay before you can make your claim on pet insurance. If you want to pay lower premiums then the deductibles that you choose must be high. Higher the deductibles lower the premiums. Again if you choose a lower deductible, your premiums will go up. Striking a balance between what you and your insurer pays for the veterinarian’s bills is of utmost importance.
- Another way you can try to get low pet insurance quotes is to shop online. Not only can you find cheap pet insurance online but you can also find them quickly and without wasting too much of your time. You may collect quite a few insurance quotes from different internet sites and compare the price of each to find the best deal.
- Say you think that the very first pet insurance quote that you have got is affordable, you should still look around for more quotes. You never know, you might come across a different company that offers you the same pet insurance benefits at a lower price. You may even look for available discounts or even an introductory discount from your insurer.
Your pet is your family member and you are responsible for its well being. Pet care can be expensive and pet insurance can save you when you suddenly need to take your pet to the vet for treatment. So if you have pet insurance, your provider can pay for the cost of treating your pet (s) for any kind of illness.
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My sister has 2 maltese that she treats like her children. I told her she should get dog insurance.She says she would but there is no such thing.I would have thought there was like pet insurance.Is she right ?There is no pet insurance?
Posted: Tue Jan 08, 2008 11:17 pm Post Subject:
It's called an inland marine policy.
Yeah I've posted on inland marine policys before you can insured darn near anything for anything on a inland marine, have my jewelry on one!Posted: Wed Jan 09, 2008 01:06 am Post Subject: pet insurance
can you get life insurance for pets like that? i think akc has health insurance but the vet i go to doesnt bother with it.
Posted: Wed Jan 09, 2008 10:12 am Post Subject:
sure you can there are a few threads that cover this pretty darn good
Posted: Wed Jan 09, 2008 06:40 pm Post Subject:
Farm Bureau is where we have 2 farms insured and 2 vehicles. But I never heard of that marine stuff. We have a farm policy which may cover the horses not sure, the trouble is with these policies a lot of us don't know what we have after getting it.
Posted: Thu Jan 10, 2008 10:07 am Post Subject:
the trouble is with these policies a lot of us don't know what we have after getting it.
That is what an agent or policy services (or us I guess) are for..but seriously you should NEVER buy anything let alone something as important as insurance coverage without the total comprehension of what you are buying....If your's is standard farm policy more than likely there is no coverage for your animals...Posted: Thu Jan 10, 2008 09:59 pm Post Subject:
I never knew you could get life insurance on your pets.Must be very expensive.
Posted: Thu Jan 17, 2008 12:52 am Post Subject:
I don't think there is actually have life insurance post, we were discussing medical insurance on pets.
Of course with any of insurance that you will want to check the company out and make sure that it is legitamate, I am sure that there are a lot of scams out there. People take care of the family pets as if they were family members, there will be scammers out there trying to get money out of you and then leave you stranded when it comes time to pay. Best thing to do is to ask your vet, he/she may know a good credible company.
Posted: Thu Jan 17, 2008 02:30 pm Post Subject:
Life insurance for animals would not be very profitable business.At least not at my house.
Posted: Sat Jan 19, 2008 12:21 pm Post Subject:
It sure would not, I think it would lead to a lot of fraud cases, sometimes you will see the articles on the race horses that are worth a lot of money accidently dying and you have to wonder in these cases. I know these types of animals that you have huge sums of money invested into are insurable. Not real sure how you go about it, but there are some that are worth millions just for stud service.
Posted: Sat Jan 19, 2008 03:03 pm Post Subject:
Yes, I too have heard of that.It is something to wonder about ,the fraud.Same as with people insuring jewelry then claiming it was stolen or lost.
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