When it comes to choosing insurance for pets, there is more than one factor you should consider than just the monthly price you’ll have to pay. The main factor here is to be a wise consumer and to compare many different plans and quotes in your search for the best pet insurance.
Here are three factors that should be at the top of your list for pet insurance:
1. Comprehensive Coverage
While putting the amount of coverage you get first seems counter-intuitive, it’s often the best choice for saving money down the line when your pet might have to take advantage of the insurance. The worst scenario that could happen is that your pet gets a condition like cancer or diabetes that needs extensive treatment and then you find out that your pet insurance company doesn’t cover it. The amount you’ll pay for making this mistake is staggering.
2. Small Deductible
When comparing your quotes and the different plans available, make sure to read the fine print about how much you’ll pay for deductibles. While you think you may be getting a good deal on a monthly premium, you could end up paying a lot out of pocket for veterinary visits and medications if you make the wrong choice. If this information is unclear in your quote or the plan, contact the pet insurance company to find out about the deductible.
3. Low Monthly Premium
While the amount you pay in premiums should be the last on your list of things to consider, it’s still an important factor. The cost of insurance for pets doesn’t need to be through the roof. Often you can find a plan that meets the above 2 qualities and still pay around $20-$30 on a monthly basis.