Pet Insurance Form and Ballpoint Pen | Taste of the Wild

More than ever before, U.S. pet owners consider their furry friends to be part of the family. And when our four-legged family members are sick or hurt, our veterinarians can offer increasingly sophisticated testing and advanced therapies — in fact, many of the same diagnostic and treatment options are available in human medicine. Along with state-of-the-art services, however, comes increased pet health care costs. And sadly, according to the American Veterinary Medical Association, these higher costs make it challenging for some pet parents to afford the care they truly want for their canine or feline companions.

Buying pet health insurance is one way to help lessen your anxiety about paying for veterinary care when the unexpected illness or injury happens. Like car or homeowner’s insurance, pet health insurance is a tool to help you avoid a financial crisis as a result of unexpected veterinary expenses.

Ask yourself these questions before buying

Buying pet health insurance is a personal decision and isn’t right for everyone or every canine or feline companion. As part of your research and buying decision, answer these questions:

  • Can I afford pet health insurance premiums?
  • Can I pay a large, unexpected veterinary bill?
  • Do I have the self-discipline to save for my pet’s medical care?
  • How strongly am I bonded to my pet?
  • Am I willing to go into debt to save my dog (or cat)?
  • What’s my risk tolerance when it comes to my pet’s health?

Only you can answer these questions, which can help guide your decision to buy — or not buy — pet health insurance. From a purely financial standpoint, pet health insurance may not be worth the investment, especially if your pet remains healthy throughout its life. Or you may be better off setting aside money each month specifically for your furry friend’s health care. But buying pet health insurance isn’t all about money — it’s also about peace of mind. If that’s the case for you, then paying pet health insurance premiums can be money well spent.

The information in this blog has been developed with our veterinarian and is designed to help educate pet parents. If you have questions or concerns about your pet's health or nutrition, please talk with your veterinarian.