The 3 Major Types Of Pet Insurance For Cats
Which type of pet insurance is best? That depends entirely on what you want your policy to do. For cats, the three major options are accident insurance, comprehensive, and wellness care.
Accident insurance, as the name implies, only covers unexpected accidental injuries that might befall your cat. An example might be surgery and tests on a covered cat hit by a car.
Comprehensive coverage goes beyond just accident insurance and adds coverage for illnesses and other possible maladies. Some preexisting conditions or illnesses particular breeds are predisposed to might be excluded, so check your policy or add a rider to get the fullest possible coverage.
Wellness care includes preventative care as well as accident and illness insurance. It covers what most other policies do not. This would include vaccinations, flea/tick treatments, check-ups at the vet, heartworm medications, neutering, and more.
Be Aware Of Limitations & Costs
When it comes to pet insurance, every policy is going to have some sort of coverage cap – unless you get an unlimited lifetime policy and have already met the full deductible. You have three major options on how to manage this.
First, you could opt for an annual maximum on how much the policy will cover per year. Or it could be an annual per incident set up where annual limits are specific to particular types of conditions and medical needs. Or, some policies have a lifetime maximum that they will pay out per pet or for a particular type of health condition your pet has.
Also, realize that preexisting conditions won’t be covered under pet insurance. And there may be deductibles, copays, coinsurance, or other out-of-pocket costs similar to “human insurance.
Premiums will vary greatly based on a number of factors, but generally range from $25 to $100 a month. The cat’s age, breed, and sex can affect premiums, as can your geographic location, the feline’s prior health record, and the insurer you choose. The level of coverage and the size of your deductible will also have a big impact on how much you pay per month.
Protecting your precious pet – and shielding your bank account from unexpected veterinary expenses can be done quite efficiently with the right pet insurance policy. Just be sure your policy is right for your pet and right for you and that you choose an insurer that caters to cats and not just dogs.
To learn more about insuring fluffy and saving money at the same time, contact Flagler County Insurance Agency in Central Florida today for a free consultation and a free, no-obligation quote!