A Comparison of Five Pet Health Plans
It doesn’t matter if you have already decided to purchase health insurance for the family pet or if you are simply considering the idea but when you are comparing the quote of one insurance company to another remember that the base dollar amount is not the only number you have to consider. In addition to the monthly payment make sure you also check out exactly what type of veterinary care and treatments are covered (some basic insurance plans do not include cancer treatment, for example), what kind of deductible you, the pet owner, will be expected to pay, is there a yearly cap on medical expenses and what type of discounts are available.
At the moment there are only a handful of companies that offer pet health insurance. Five of the most popular companies are Pets Best Pet Insurance, Veterinary Pet Insurance, ShelterCare, Pets Health and PetCare.
An insurance plan through Pets Best Pet Insurance will cost approximately $32.00 a month ($384.00 annually). Pets Best will cover pet sterilization provided the pet owner purchases an additional wellness plan. Pets Best does not cover pre-existing medical conditions a pet may have, so its best to insure them early in life before any potential problems develop. Pets Best has a life time limit of $99,750 dollars per pet and comes with a $75.00 deductible. Multiple pet discounts are available and its worth pointing out that at the time of this reports draft, Pet’s Best pet health insurance does cover cancer.
Veterinary Pet Insurance is a company that offers pet owners a $14,000 a year cap on an insurance plan that only costs approximately $20.00 dollars a month. Veterinary Pet Insurance offers plans with a $50.00 deductible (after the deductible they pay ninety percent of the bill) on plans that include pet sterilization and cancer coverage. Veterinary Pet Insurance does not accept pre-existing conditions and do not offer multi-pet discounts.
ShelterCare is a pet insurance that cost pet owners approximately $29.95 per month. For that $29.95 there is absolutely no deductible and cancer treatments are covered in the policy. ShelterCare will not pay for pet sterilization nor will they cover any pre-existing conditions. ShelterCare does not have a benefit cap and offer premium discounts for multi-pet plans, medical service and micro-chips.
A pet health insurance policy through PetsHealth insurance company will cost the pet owner approximately $37.00 dollars per month. PetsHealth cover 80% of the pets vet bill after the $100.00 dollar deductible is paid. PetsHealth has a $13,000 doller cap per year. PetHealth does insure pre-existing conditions after ninety days and multi-pet discounts are available. PetsHealth do offer pet health insurance plans that cover cancer on a case by case basis.
PetCare is a pet health insurance company that estimates the average cost for a policy for a pet is $29.95 a month. This plan includes a fifty doller deductible. While PetCare is happy to cover the cost your pet’s cancer treatments they will not pay for any pre-existing conditions nor will they pay for pet sterilization. PetCare offers discounts for multi-pet plans and medical service.
It should be noted that none of the estimated monthly prices for these insurance companies include any extra insurances riders.
Any one or all of these companies can change their policies between now and the time you purchase a pet health insurance plan.
Remember to read the fine print before you sign up for a pet health insurance plan.
All five of these pet health insurance companies have their own websites where you can go to get up to date pet health insurance quotes.
There are other pet health insurance companies with different prices, discounts, stipulations, and benefit caps if you feel these five comparisons do not offer what you are looking for.
Disclaimer:
The above comparisons where correct at the time of this report being published. Some or all of the stipulations, conditions, payment options, etc, may have changed in the interim. This report is provided as is, and is for a general comparison only. Please check out the respective websites of the companies mentioned above for more accurate and update quotations.
