Pet Insurance For Cats Worth It

Pet insurance is a personal choice.

Pet insurance for cats worth it. You will never be able to predict an accident or illness. According to cbs news the cost to diagnose cancer is between 1 000 and 2 000 that s before any treatment. Meanwhile the average annual pet insurance premium in 2017 was 516 while the. To protect you from financial ruin if something unexpected happens.

If you can t pay out of pocket for emergency care you should consider buying pet insurance. As at may 2020 the average cost of pet insurance from bow wow meow is 668 per annum for a dog and 423 per annum for a cat based in all active bow wow meow policies as at 07 05 2020. If you re unsure if pet insurance is worth it consider how you would deal with an unexpected bill. Households own pets only 1 of those pets are insured according to the north american pet health insurance association naphia.

Y our pet is more likely to be considered a low risk for the insurer if it s been given up to date jabs and micro chipped. If your cat is sick or injured that s stressful enough. Only about 4 percent of the market is. Pet insurance is going to be cheaper when your pet is in a good physical condition.

The table below illustrates a further break down of average pet insurance premiums for cats and dogs in different age brackets. Pet insurance is a good way to protect your budget from high veterinary bills while allowing you to give your cat the best possible care. While around 68 of u s. It s also worth keeping an eye out for early signs of illness and seeking treatment early to catch problems before they become worse.

How to find the right pet insurance for your cat. Cancer is a common illness in dogs and cats of all ages. You don t need an added financial worry on top of it. Cat owners who have pet insurance are always relieved they have it when something happens.

That sounds scary but in a country of 185 million cats and dogs that s about a 3 percent chance over a year. Is pet insurance worth it for an indoor cat. Petfinder estimates the annual cost of routine vet visits is 45 200 for dogs and 50 400 for cats depending on your pet s age. Pet insurance exists for the same reason that car renter s and homeowner s insurance does.

You ll need to balance this with the cost of your premiums and the likelihood that you ll make a claim. Eighty one percent of pet insurance policies are accident and illness plans for dogs. Buying a policy for your pet also gives you peace of mind when your pet unexpectedly falls ills. The average pet insurance claim is 793 but claims can run into the thousands if your pet develops an on going condition.

This depends on your financial situation budget and desire to provide your cat the best possible care. They don t have to make serious decisions for their cat under the stress of whether or not they can pay for it.