What is pet liability insurance, and do you need it? The answer depends on what…
Pet insurance reviews can help you find the best deal for your pet. When you are considering pet insurance, it is important to shop around. In this article we will look at some of the major players in the US pet insurance market and the services that they offer.
Veterinary Pet Insurance (VPI)
VPI is the longest established pet insurance company in the US. They are also the biggest: in 2007 they held 71% of the market. Therefore, VPI are the first company that many people look at when they are considering pet insurance.
At the time of writing, VPI is the cheapest for their standard (‘economical’) plan, so they will come out top of many pet insurance reviews on the issue of cost. However, you should be aware that there is a lot that this plan does not cover, and the payment limits are lower than many plans. So your savings on policy fees could be quickly exceeded by what you have to pay if your pet needs expensive treatment. VPI also offers a ‘comprehensive’ plan which is a little more expensive but gives you better cover.
Embrace Pet Insurance
Embrace are known for their customizable plans which offer you the opportunity to set your own deductible and benefit limit. This is ideal if you and your pet are in unusual circumstances. It can also make your insurance very cheap, depending on the options that you choose.
Embrace are one of the few companies to offer insurance cover for hereditary conditions such as hip dysplasia in golden retrievers. If you have a dog of a breed that is subject to hereditary disorders, you should look carefully at their policy.
ASPCA Pet Insurance
The ASPCA have teamed up with the Hartville insurance group to offer a pet health plan. This means that even though it carries the ASPCA name, you are not getting your insurance from a non-profit organization as you might expect. However, the ASPCA do benefit from your choice.
ASPCA/Hartville only covers 90% of most costs and have a deductible too. What is covered varies according to your state.
PetCare Pet Insurance
With PetCare you can choose from six different plans for either dogs or cats, including a senior plan for older pets. Some plans cover wellness and hereditary conditions, others have limits on how many new illnesses you can claim for per year.
PetsBest have no upper limit on the pet’s age at the time you take out the policy, so this could be a good choice for older pets.
Like most plans, Pets Best standard policies cover cancer but not pre-existing conditions. For a small additional cost, you can add cover for preventive care and sterilization. There are three levels of plan with different limits.
These are just a few of the major pet insurance companies that you will want to consider when you are looking at plans and pet insurance reviews. You can expect to pay around $25-$35 per month for most plans.
Pet insurance providers, like health insurance companies for humans, should be regulated in each state where they offer insurance, so you will need to check that they are good for your state.
Please keep in mind that we have not tried out all of these plans for ourselves. The services offered by different companies can change at any time and may have changed since we researched this article. Just because a company is on our list does not mean it will be right for you, and if a company is not on our list that does not mean it does not offer a good plan. We do not claim to have investigated all the possibilities in these pet insurance reviews.