2006-07-25 04:13:16 · 7 answers · asked by momof1_hunter 2 in Pets ➔ Dogs
It all depends on the reason you are getting the insurance. If it's "calamity insurance"-to cover things like emergency surgery, broken bones, and other accident-related issues, it can be worth the money if your pet is prone to having accidents.
If you want coverage for routine visits, procedures, it's not that great and can even wind up costing you more than if you paid for the visit yourself! I added up one year's worth of routine vet costs and some minor emergency bills. The annual premium that would cover their routine visits, etc, was almost 30% more for one dog than what I spent out of my own pocket for 2 dogs! Definitely not a savings!
Make sure you read the fine print. Most pet insurance plans will not cover health problems associated to certain breeds, such as hip displaysia or entropian surgery. Many times you have to pay out of pocket and be reiumbursed, as well. Also, note the maximums the plan will pay. Sometimes it's less than the procedure itself costs. While partial payment can help defray some of the expense, in general, I've found it not to be worth it.
What my husband and I decided to do was to open a savings account for dog-specific health related costs. We earn the interest, we get the tax break and have a cushion for health issues.
Good luck!
2006-07-25 05:37:45 · answer #1 · answered by Michelle S 2 · 0⤊ 0⤋
It really depends on the insurance plan and what they will cover. Some don't cover major expenses like MRI's and CT scans or will only pay back about 20% of the cost. Some don't cover dental care, vaccinations or neutering/spaying either. Some premiums may be higher than what you would spend out of pocket in vet bills. Also, some don't cover pre-existing conditions. We recently spent 15,000 on our dog for radiation and chemotherapy.
In my opinion, I wouldn't get it. I'd rather set up a savings account for the pet which would earn interest, and put away money each month instead of paying for insurance. This way the money will be there whether it's needed or not.
2006-07-25 04:23:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I tend to be against insurance companies in general because I used to work for one. The way I see it, the bottom line is that they are making huge profits...
I prefer to save that monthly premium in my savings account instead, where it builds interest, and then if something were to happen it is there for me to use. If not, no money lost.
Of course some people have benefited hugely from pet insurance, but many many more have just paid lots of money with much less return. It is a risk, which is why it's called insurance.
2006-07-25 04:19:34 · answer #3 · answered by ontario ashley 4 · 0⤊ 0⤋
In my opinion NO. If you dont pay out insurance monthly fo ryou cat, dog, fish, hoover, telly, dishwasher, toaster, PC, Printer etc etc etc. then you can probably save £/$100 a month and then you can meet that Vet bill when it comes along.
The only insurance plan I would bother with now is for a Wahsing machine as the damn things are so unreliable. Notice they dont sell those things for cars because they know they are going to lose out. They only ever sell those plans for products and animals that just are not going to need a cliam very often if at all.
Save you money, spen it on your pet when they need it.
2006-07-25 04:18:29 · answer #4 · answered by mike_ra_swanson 4 · 0⤊ 0⤋
Yes, Yes and Yes!!
Just make sure read the info aout the policy carefully
2006-07-25 04:27:32 · answer #5 · answered by led321 2 · 0⤊ 0⤋
it is if you can afford it-i checked into once-i think it was around 30$/month-i probably would have purchased it if my dog was prone to certain illnesses
2006-07-25 04:17:32 · answer #6 · answered by Lola 3 · 0⤊ 0⤋
no because it's is going to die sometime.
2006-07-25 04:27:48 · answer #7 · answered by Aleenna E 1 · 0⤊ 0⤋