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The Importance of Pet Insurance

With the current rate of inflation, you may be worried about soaring expenses. As pet owners, we don’t want to skimp out on our pet’s health. However, with vet visits getting more expensive, some people may have a tough time covering the medical bills of their furry friends.

Luckily, there are ways you can manage taking your pet to the vet. Nobody wants to see their pet sick; hence, we recommend opting for a pet insurance plan. Many people are surprised when we introduce them to pet insurance, but we’re sure you’ll want to sign up for it by the end of this article.

Stick around to learn more about the basics of pet insurance, how it works, and if it’s worth it for you. To contact one of our Insurance Specialists call 909.466.7876 today and get the help you need!

Don't forget to check out our article; "Life Events that Affect Your Insurance Needs" to discover more about our Personal Lines Insurance services!

What Is Pet Insurance?

Veterinary visits can be expensive, and unfortunately, many people avoid getting the right care for their pets because of the cost of treatment. Unfortunately, while we don’t like thinking of it, our pets can get hurt or sick.

As the cost of a vet visit keeps on soaring, there is one plan that can help you manage these bills. Pet insurance can cover some of the expenses incurred by pet owners. Hence, they don’t have to worry about the health of their pets and can continue to spend quality time with them.

If you’re worried about your pet’s medical expenses, opting for a pet insurance plan is a good idea. Pet insurance works as personal insurance for your pets. These plans can cover the cost of certain vet visits, including treatment.

Do You Need Pet Insurance?

Well, there are a couple of factors that can make a pet insurance plan worth it for you. Firstly, most pet insurance plans are reasonably priced, which makes them a no-brainer for most pet owners. While some may wonder what the point of pet insurance is, the simple answer is that it covers the price of treatment, care, and operations. The full price of some treatments can range in the thousands!

Furthermore, unlike your insurance plan, which requires you to seek care from "in-network" providers, you won't have to switch your vets. You can stick to the vet you trust while claiming pet insurance.

Finally, pet insurance will give you the peace of mind that if anything unfortunate were to happen, the medical expenses for your pet would be covered. Many individuals refrain from opting for treatment for their pets because of the costs. However, since pet insurance may cover a fraction of the cost, pet owners can focus on spending quality time with their four-legged friends!

How Does Pet Insurance Work?

Similar to how regular insurance works, there are several factors insurance companies will look at before determining the cost of pet insurance. Most insurance companies will consider your pet’s age, health, previous conditions, and the amount of coverage you opt for.

You'll have to pay annual premiums and deductibles determined by your pet insurance plan. If your pet falls sick and needs treatment, you'll need to pay the charges upfront. However, your pet insurance company will reimburse the cost of the treatment later on.

What Does Pet Insurance Cover?

Pet insurance can be a lifesaver for pet owners who can’t afford healthcare for their pets. These plans will cover a variety of situations, including accidents and illness. However, add-ons can also cover wellness visits, like behavioral treatment and spaying.

Furthermore, depending on your pet’s insurance policy, some plans may cover micro-chipping and end-of-life care.

Here is a list of situations that may be covered by pet insurance.

  • Illness
  • Surgical procedures
  • Testing and diagnosis
  • Behavioral therapy
  • Accidents and injuries

Each insurance policy may be different, which is why you’ll need to read yours carefully to see what it covers. We discuss more situations that may be covered by pet insurance in the next part of this article.

Benefits Of Having Pet Insurance

There are several benefits to opting for a pet insurance plan. Here’s a list of what your pet insurance plan can cover.

Accidents and Injuries

Pet insurance may cover some of the medical expenses of the following accidents.

  • Bite wounds
  • Fractures
  • Cuts and stitches
  • Ingested objects
  • Toxic ingestions


While pet insurance doesn’t cover any pre-existing conditions, here’s a list of the illnesses that it may cover.

  • Seasonal allergies
  • Urinary Tract Infections
  • Vomiting
  • Cancer
  • Heart Disease

Diagnostics and Testing

Pet insurance can cover the cost of diagnosing your pet’s health issues. Here are some of the tests that it may cover.

  • X-rays
  • CT scans
  • MRIs
  • Blood Tests
  • Ultrasounds

How Much Does Pet Insurance Cost?

One of the best things about pet insurance is that it is incredibly affordable. When considering the full cost of the treatment, you’ll only be paying a small monthly fee. For dogs, pet insurance plans start from $30 and may go up to $60. However, this depends on your dog’s breed, age, and any pre-existing health conditions.

Furthermore, you can add on preventative care packages for a small fee, sometimes ranging within $10, that may cover a fraction of the cost of spaying or neutering. The cost may range from $20 to $25 per month for cats. However, it may be cheaper to insure some breeds over others.

Final Thoughts

With the number of options on the market, you may have a hard time picking the right insurance company. If you’re stuck in the same loop, going through tons of policies unable to make your decision, contact The Platinum Group today!

TPG will prioritize your queries and ensure you have access to the best plans.

Frequently Asked Questions

Does pet insurance cover spaying?

Unfortunately, pet insurance does not cover any elective operations, like spaying and neutering. However, there are a few policies that may cover the cost of spaying your pets, like preventative care plans and routine care plans.

What isn’t covered by a pet insurance policy?

Similar to regular insurance plans, some treatment isn’t covered by your pet insurance policy. Here’s a list of some of the conditions that your pet’s policy may not cover.

  • Pre-existing conditions
  • Food and supplements
  • Breeding costs
  • Behavioral treatment

When you’re considering purchasing a pet insurance plan, go through your pet’s policy and see what’s covered.