What you should know about pet insurance
News from Dallas Morning News:

Pet health care is pricey. Veterinary care accounted for $ 14 billion of the nearly $ 56 billion Americans spent last year on their pets. To cover the escalating cost, many pet owners are turning to insurance.

Pet insurance works a lot like human health insurance. When you go out of network, you pay directly, then submit your claim. With pet coverage, you may take your pet to any vet and get reimbursed. Policies cover illness and accidents, although many insurers now offer wellness riders to cover routine care.

Why you should buy it. Pet insurance may not pay if all your pet needs is routine care. But a policy will buy you peace of mind in case your pet has a serious illness or accident. And if you buy a policy when your pet is young, you minimize the chances of an illness being deemed a pre-existing condition that won’t be covered.

What to look for. The average policy costs about $ 30 to $ 35 a month. The more expensive the policy, the more it will cover. For example, a comprehensive policy (including preventive care) with a $ 100 deductible and $ 15,000 annual payout limit could run $ 100 a month. There are about a dozen insurers to choose from; go to petinsurancereview.com for a rundown on each company.

What you’ll get back. Most companies pay a percen…………… continues on Dallas Morning News

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