There are many things you could do to prepare for an emergency with your pet. One of those things is pet insurance. You can avoid having to withdraw funds from your emergency savings account. Make sure you are aware of your policy's limits.
Pet insurance can help you save lots of money in the event that your dog or cat becomes ill or is injured. In fact, a recent study found that the average cost of veterinary care for dogs and cats in the United States was $15 billion 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. Prices for policies can vary by state and depend on your pet's age and how much coverage you need. Many policies provide coverage against illness and injury, and may offer after-death indemnity.
Some pet insurance companies provide additional coverage for wellness. Wellness coverage provides coverage for routine checkups, dental cleanings, and flea, tick, and heartworm treatments. This level of coverage is not offered by all insurance companies. It is important to check the fine print and make your own decisions based on your pet's health condition and your budget.
Some insurers will cover 100% after you reach the deductible. Other plans will offer a 70/30, 80/20 or 70% reimbursement. If you have a large vet bill, you should consider signing up for a plan that has a higher reimbursement rate.
Many MA insurance providers offer free quotes for pet insurance. You will need to provide basic information about your pet including its breed, age and pedigree. A free quote will be provided once you have completed these details. Get a free quote to get an idea of the cost of a policy.
Some pet insurance MA companies provide optional add-ons like lost pet and burial coverage. You may also consider getting an accident-only policy, which provides coverage for emergency medical expenses, as well as dental and surgery.
GEICO / Embrace provides a free, comprehensive medical history review for policyholders. This will let you know if your pet has any pre-existing medical conditions that will affect their ability to be covered by most pet insurance plans.
Embrace also offers a money-back guarantee if you're dissatisfied with your policy. You can return your policy within 30 days for a full refund. Embrace doesn't offer a separate wellness plan, so you will need to find another company if your preference is for wellness care.
You may also be reimbursed by some companies for the entire cost of your veterinarian's visit. You will be required to pay more out of pocket if you have to file a claim with another insurer.