Pet insurance helps pay for the medical costs of an animal. The insurance isn’t always a good deal for pet owners, but if you’ve got an active pet, the insurance could be a good safety net.
Is Pet Insurance Worth It?
Dear Lifehacker, I just bought a new puppy and I’m trying to decide if I should buy little Mr. …
Most of the time, pet insurance probably isn’t worth the extra cost. But Consumer Report’s Shop Smart interviewed veterinarian Chris Brockett. He has a good reason why you’d want to buy this coverage:
It’s also important to consider what kind of pet you have, Brockett says. Dogs tend to be more expensive and accident-prone than cats. “If you have a high-energy pet who is outdoors a lot, then there’s more opportunity for injury,” he says. It makes sense then that the majority of dog owners spend between $250 and $500 per year on insurance for their pet, and cat owners spend less than $250 per year on insurance, according to the APPA.
Nobody wants to see their pet get hurt, but active dogs have more opportunity for injury. Some breeds are more prone to injury and the insurance company could exclude those injuries, so be sure to check before making a purchase.
Things to Consider Before Buying Pet Insurance | Shop Smart