In the year 2005, only 3% of Americans who were pet owners had a dog health insurance, but this number is constantly growing. As the costs of veterinary services and medical procedures continues to rise, the owners have chosen to pet insurance as a means to meet these costs. There are many types of insurance available for pets, and choose the most appropriate for your pet can be confusing.
Here is a summary of the five most common types of insurance for dogs.
- Routine and wellness coverage: This is generally the least expensive health insurance for dogs. It covers routine care and preventive measures, such as annual examinations, vaccinations, worming, spaying and neutering.
- Chronic Illness Cover: This type of pet health insurance provides coverage if your dog develops a chronic illness such as arthritis or diabetes. Coverage by insurance companies varies greatly, so make sure you know the details of the policy before you buy. Some companies may only relate to chronic diseases, even a certain age, and others can invest in the lives of cross-coverage benefits.
- Genetic condition Cover: This is one of the most expensive dog health insurance, and only some insurance companies even offer it. Depending on the breed of your dog, this type of policy can be customized to meet a wide range of genetic disorders. If you choose this type of insurance for pets, make sure you talk to your insurance company what conditions are covered and the limits of coverage.
- Major medical coverage. Coverage is also called a disaster, a dog insurance to cover medical emergencies, accidents and other unforeseen events and this coverage is usually low monthly premiums but high deductibles means that you pay quite a bit out of pocket before coverage kicks in.
- Full coverage: This type of health policy for pets is usually a combination of routine coverage and canine welfare and major medical insurance. Deductibles may be high, with a policy – often as much as $ 500 or more. Many insurance providers pet to customize the policy and to combine different types of coverage to meet the individual needs of your pet.
You can expect to pay monthly premiums of $ 15 to $ 60 per month for a decent dog health insurance, and global politics can cost $ 100 or more per month. Always compare prices of different companies – like other types of insurance, rates and policy limits vary greatly. Some of the policies of racial restrictions and other exceptions, so it is important to read the fine print carefully. Many dog owners want to give up pet insurance at all, and use the savings account to cover all expenses related to the dog. The vet is a good source of information for the various dog health insurance, and can help you decide what is best for the individual situation.