Pet insurance has gained popularity in recent years. Today there are many different pet insurance companies on the market with many different types of plans. With most plans, the client pays the invoice up front and then submits the invoice to their insurance company. Insurance companies may contact us to ask for supporting documents (such as doctors notes and lab results), which we are always happy to provide.
With so many different insurances on the market, it is difficult for us to recommend one in particular. We suggest that no matter which company you choose, you should ask for a copy of their policy and read it before you enroll.
Here are a few suggestions on what to ask when shopping for insurance:
Is there a waiting period?
Some insurances have a time period before the policy takes effect. It is important to be aware of exactly when your policy coverage starts.
Is there a cancelation policy?
Are there exclusions?
Common exclusions are pre-existing conditions. Sometimes there are exclusions/limitations by breed. Inquire to see if exclusions can be covered at an additional cost.
Will routine wellcare be covered?
If you are looking for a comprehensive policy, ask if they cover routine visits such as vaccines, dental care, and routine blood work.
Will neutering or spaying be covered?
This is not included in basic illness insurance programs but is sometimes available with some wellness insurance plans.
Are prescriptions covered?
Sometimes prescriptions can be costly. Ask if prescriptions, preventative medications, supplements and prescription foods will be covered.
Will there be a deductible?
The deductible is what you pay out of pocket before services are rendered so you will want to find a plan that carries a deductible that is affordable to you. There may be different types of deductibles (per condition, per year, per body part). More often than not, the lower the deductible, the higher the premium.
Are there policy limits?
There might be various limits on how much the insurance company will pay for a specific incident.
How often will the premium increase and by how much?