The Ins and Outs of Pet Insurance

Your pet depends on you for care – and you’d never want to be unable to provide for him if he were to face a serious health issue. With this in mind, more and more pet owners are turning to pet insurance as a means to cut down on unexpected costs. But, is it really worth the investment? What if you don’t use it enough to offset the cost?

As you determine whether pet insurance is right for you and your dog, consider the following.

  • It can make pet healthcare more affordable – Much like human insurance, insurance for your pet can significantly reduce medical costs and emergency procedure fees. According to Consumer Reports, the average accident and illness premiums start at $22.00 per month for a dog, but the costs depend on breed, age, ZIP code and the coverage you select1.
  • Exclusions apply – Pets of any age can be covered under an insurance plan. However, be sure to check your plan’s rules and restrictions for pre-existing and breed-specific conditions.
  • Your employer may offer pet insurance – To help with the cost, some employers offer pet insurance as a benefit in your health package. Pet insurance is currently one of the fastest growing optional employee benefits2.
  • You can personalize your plan and find discounts – Plans are customizable based on your anticipated needs and budget restraints. Some insurance plans offer discounts for multiple pets, or for pet owners with AARP and AAA memberships.
  • It’s a precaution – As cited in Consumer Reports, pet owners will probably incur at least one $2,000-4,000 bill for emergency pet care at some point during their pet’s lifetime2. If you don’t think you’d be able to front this for your dog’s pressing health needs, finding a plan that can reduce your worries and ensure your dog is taken care of should anything unexpected happen may be a good option.

As you make your decision, spend time thinking through your dog’s unique needs, and consult your veterinarian to make sure you’re taking the right steps to keep him healthy.


1Consumer Reports. Should You Buy Pet Insurance? Published December 27, 2015. Accessed February 3, 2017.
2Consumer Reports. 5 Surprising Facts About Pet Insurance. Published December 5, 2015. Accessed January 19, 2017.