mayur April 16, 2019

All the pet lovers out there ought to have pet insurance for their loving pet. This is done in order to safeguard the livelihood of the pet you may have just adopted/bought to home. In today’s article, we shall be briefly discussing the pet insurance cost and its uses.

The cost of pet insurance majorly depends on the type of pet you own. Based on this information, you shall be able to understand features of insurance, policy benefits, and the premium.

Pet insurance is not that difficult to understand, it can easily be compared to the health insurance policies that we have bought for ourselves and our immediate families. The similarity can be seen in the injuries and illnesses that are covered and paid for by the insurance policies.

The premium is determined on the basis of the plan and benefits selected by you. Caring for your pet has never been easier than it is with a solid pet insurance policy by your side. Coming back to the question of how much is pet insurance? At first, let’s take a look at some of the popular pet insurance policies out there and let us deduce how the pricing works. But before we do that you need to know the certain pointers on which the premium of pet insurance depends on.

Here are Some of the Common Pointers:

  • Pet Type
  • Age of the pet
  • Breed of the pet
  • Current health status of the pet
  • Location in terms of State
  • Location in terms of the local area you stay in
  • The insurance brand you are opting for
  • Coverage amount and deductible size

Keeping these things in mind, let us see the various policies and premium options that are offered by some of the leading brands. The most important thing is to get quotes from multiple companies, compare the offers, benefits and prices and then make your decision.

#1 – VPI Pet Insurance

One of the oldest and most popular brands, VPI is every veterinarian’s preferred pet insurance policy. Their reliable customer service and fast claims process records have made them the preferred choice for both pet owners and pet doctors.

They cover all kinds of dogs, cats, birds and even exotic pets. VPI provides coverage for all kinds of possible illness and injury cases – from accidents, congenital disorders, chronic conditions like diabetes and cancer, hip dislocation and broken bones.

The cost of the insurance will depend on what features you are opting for. If you opt for a basic plan covering injuries and minor illnesses you will probably end up spending just $19-$27 per month. But if you want substantial coverage as well as regular care options for your pet you will get excellent coverage in the $25-$35 price range.

#2 -Purina Care Pet Insurance

The reason behind the rising popularity of Purina Care pet insurance is the great value for money that they offer to all their customers. It offers 3 key plans that you can choose from. The first is the PurinaCare® plus Preventive Care which not only covers accidents and illnesses but also provides more than adequate coverage for routine checkups, annual exams and vaccinations, dental care and  flea and heartworm control leading to overall wellness for your pet. The cost of this plan is $46.88/month with a $250 annual deductible. The second plan is called PurinaCare® without Preventive Care. Here you get coverage for unforeseen accidents and all kinds of illnesses even those arising from genetic predispositions. But regular pet care and routine checkups are excluded from this plan. It comes at $31.43/month with the same deductible amount. The third plan is called PurinaCare® Accident Only plan which only provides coverage for sudden and unforeseen accidents that your pet could go through.

# 3 – ASPCA Pet Insurance

Developed and partnered by the Hartville Group, ASPCA Pet Health Insurance is steadily climbing the popularity charts. The ease and speed with which the claims are processed are the primary reasons for it being a preferred choice. Pets, mainly dogs and cats, over 8 weeks old are eligible for 90% coverage with only a $100 annual deductible per pet. You can visit any licensed veterinarian, pet clinics and emergency centers across US and Canada. You can choose among the 4 different levels and customize them with deductible and co-insurance options to suit your budget and pet care needs. You can get major discounts if you have multiple pets and get them covered for accidents, illnesses and wellness programs. If no claims are covered then you can even opt for a 30-day money back guarantee. The average monthly premium for the basic plan is around $10.

# 4 Pet First Pet Insurance

Pet First stands out among the hordes of pet insurance providers by the sheer variety of features that they offer. You don’t just get the usual accidents and illness coverage, but also wellness and preventative care, advertising & reward coverage in case you lose your pet, kennel fees if you are going on a trip without your pet, trip cancellation coverage due to recent pet surgery and even loss of pet coverage. Depending on the plan you opt for your cost will vary.

The cost of the different plans –

  • PetFirst Comprehensive Basic costs $29.95 /month
  • PetFirst Core Preferred costs $31.70 /month
  • PetFirst Core Basic costs $24.95 /month
  • PetFirst Comprehensive Preferred costs $39.95 /month
  • PetFirst Comprehensive Preferred Plus costs $49.95 /month

# 5 Hartville Pet Insurance

The Hartville Group is one of the oldest and most trusted pet insurance brands. It acts primarily as a holding company which has several subsidiaries which offer different kinds of pet insurance. Hartville is also the only strategic pet health insurance partner for ASPCA, America’s leading animal welfare organization. A look at the basic Hartville pet insurance options

  • The Hartville Accident Only policy comes at an affordable $8.99/month with a $100 deductible. It provides 80% coverage for accidents across pet breeds but not for illnesses.

As you can see, various insurance policies offer various types of features and benefits for the pets, to begin with. The number of benefits you choose depending on that the coverage options are broader than before. This ultimately affects the pricing structure of the insurance. Make sure you do proper research and compare the quotes from multiple companies before you invest in any one pet insurance plan.

Happy pet parenting!

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