Before you buy cat insurance, make sure to understand its costs and exclusions. You should also know what plans offer coverage for illnesses and accidents. Comprehensive coverage for cats is expensive so it's important that you select the best plan. Accident-only insurance plans are affordable and often offer additional benefits, like lower deductibles.
Cat insurance costs
Cat insurance is a great way for your cat to save money on vet visits. It may cover routine checks, as well as reduce co-payments. You need to compare rates and plans to get the best coverage. It may be more expensive for cats with preexisting conditions to be insured.
In general, pet insurance policies will reimburse as much as 90% of vet costs. They can also have deductibles, depending on the plan. These are typically around $200.
Exclusions
Cat insurance coverage is a way to protect your cat against unexpected illnesses and accidents. The policy is usually available to cats eight weeks old and older. However, it also covers cats up to nine years old. It will explain what medical expenses it covers and also list any exclusions. Pre-existing conditions are diseases or injuries that were present before the policy began.
Some policies also do not cover elective procedures, like vaccinations and flea or worm treatment. Some policies do not cover pre-existing conditions. You should inform your insurer if your pet has a preexisting condition.
Cost of comprehensive pet insurance
Pet insurance is expensive. Your policy costs will vary depending upon where you live. Pet insurance in cities can be more expensive than those in rural areas. Also, advanced treatments and services may cost more. Comprehensive pet insurance may be a great financial tool for those who are willing to pay higher premiums.
The type of pet you have, the gender of your pet, age, breed, as well zip code will all impact how much coverage is required. The monthly premiums are higher if there is a greater limit. Also, reimbursement percentages vary. While some companies will only reimburse 60 percent of vet bills, others will reimburse as much as 90%.
Cost of a Wellness Plan
It's important that you and your cat find the right wellness plan insurance plan for them. These plans include everything, from dental cleanings to parasite testing. Many plans also offer a yearly cap on the maximum amount that can be claimed. Most basic plans have a maximum amount of $200-300. Higher priced plans may have limits of $500 and higher.
The best wellness plans cost $26 per month, and provide an annual benefit worth $535. A wellness plan can help owners save $223 annually by covering more items. Keep in mind that not all plans cover the same number of vaccines per year. For example, the best plan for wellness covers up to $15 per year for a rabies shot.