Before purchasing cat insurance, it's important to understand its cost and exclusions. Be sure to find out which plans provide coverage for injuries and illnesses. Comprehensive coverage for cats may be expensive, so it's important you choose the right plan. Accident-only policies can be affordable and provide additional benefits such as lower deductibles.
Cost of insurance for cats
Cat insurance can be a great option to lower vet bills. Insurance for cats can help pay routine checks and lower the cost of common procedures. You need to compare rates and plans to get the best coverage. Insuring cats with pre-existing conditions could be more costly.
In general, pet insurance policies will reimburse as much as 90% of vet costs. There may be deductibles depending upon the plan. These are typically around $200.
Exclusions
Cat insurance coverage can protect your cat from unanticipated accidents and illnesses. The policy is usually available to cats eight weeks old and older. However, it also covers cats up to nine years old. The policy will describe the type of medical expenses it will pay, as well as the exclusions or items that are not covered. It will not cover pre-existing medical conditions. These are injuries or illnesses that occurred before the policy was created.
Some policies do not cover elective procedures like flea and/or worm treatments. Pre-existing conditions such as dental problems or other issues may not be covered by some policies. Pre-existing conditions are something you need to tell your insurer before you purchase a policy.
Cost of comprehensive pet insurance
Pet insurance is expensive. Your policy's cost can vary depending on where you live. Pet insurance can be more expensive in cities than it is in rural areas. Additionally, you might have to pay more for advanced treatment and services. Comprehensive pet insurance can be a valuable financial tool, if you're prepared to bear the higher cost.
The type of pet you have, the gender of your pet, age, breed, as well zip code will all impact how much coverage is required. Monthly premiums will rise if the pet's limit is higher than the monthly coverage. Also, the reimbursement percentage varies. While some companies will only reimburse 60 percent of vet bills, others will reimburse as much as 90%.
Wellness plan cost
It's important that you and your cat find the right wellness plan insurance plan for them. These plans can cover everything from dental cleanings, to fecal examinations for parasites. Many plans also offer a yearly cap on the maximum amount that can be claimed. Most basic plans have a maximum limit of $200-300, and more expensive plans may have a limit of $500 or more.
The best wellness plans cost $26 per month, and provide an annual benefit worth $535. In order to save $223 on items covered, an average owner can include wellness plans in their budget. Be aware that some plans limit the number and types of vaccines they can cover per year. The best wellness plan, for example, covers up to $15 for a rabies vaccine.