We can’t deny the fact that we reside in a nation full of pet-lovers but at the same time there are many who are shelling off an amount of $50 every month for getting some kind of coverage for their pet insurance policies. Due to the soaring veterinary costs, pet lovers just can’t do without a minimum coverage on their pet insurance policies. If you’re someone who is eager to know the ways in which you can save your dollars on your pet insurance policy, here are few things that you can consider keeping in mind.
Is there a difference in coverage for a pet with chronic health conditions?
Don’t forget that there are different kinds of coverage for veterinary costs. Usually the cheaper versions pay for a condition within a fixed time period along with a cap on the total amount. The next coverage will pay for some chronic condition with a definite time period with a cap on that over a year’s period. However, much better than these are those that come with lifetime coverage but the premiums remain a bit high for these.
Breed and the relation with coverage
There are some breeds which are famous for being susceptible to few health traits and diseases and hence these will factor into the premiums. There is a definite coverage called the Saga Saver cover and the cost you have to pay for insuring a Chow Chow dog will be 4 times higher than covering a mongrel of the same location, age and sex. If you own such a breed, you should get in touch with a breeder’s association to know about a worthy insurer.
Excesses or deductible
You must be aware that deductible or excess is the part of the cost which the claimant pays out of his pocket. You need to check the way in which these excesses are applied as they are usually pitched in a different manner depending on the kind of pet. With any insurance policy, whichever excess that you choose, this will definitely have an impact on the premium rates.
Therefore, if you are a pet lover and you own several breeds of dogs, make sure you insure them properly so as to avert the risk of dealing with sudden expenses. Before taking the plunge, make sure you go through pet insurance reviews to choose the best among the lot.