dresser microelectronics: Is Pet Insurance Worth It?

Thursday, January 3, 2013

Is Pet Insurance Worth It? | Making Sense of Cents

Happy Wednesday everyone! I had a great weekend and I hope you all did as well. Here?s to a great 2013!

The other day I received an e-mail from a reader who was wondering about pet insurance. I don?t have pet insurance, but it is something that I wonder about.

I?m writing this post more as a way to ask all of you: do you have pet insurance? What do you think of it? And also, how much does it cost?

I noticed that a vet near my house offers a ?wellness plan.? It?s not exactly insurance but if your dogs are sick, then you are able to bring them in as many times in a year as you would like, and it also covers other things such as checkups and vaccinations.

The cost was around $300 per year I believe. At what point would this be worthwhile and when would it not be? Also, this is not insurance, so would you buy both or just have one of the other?

I love my pets and will spend whatever is necessary in order to ensure that they are in the best of health. One of our dogs is a French Bulldog and also a runt, so we do know that he has a TON of expected medical bills in the future.

I do see my dogs as a part of my family. I don?t care how many of you say that I am crazy. If pet insurance is truly worth it and the monthly costs are not excessive (in which just saving myself would be better) then I definitely plan on signing up. Sometimes procedures can cost thousands of dollars, and in the case that happens I would like insurance to lessen the burden.