If you are like most pet owners, you might well have thought about how much you might spend to keep your pet healthy and alive.
Well, Americans spent well over $53 billion on their pets in 2012 . And remarkable medical advances nowadays help keep pets able to recover from previously serious, and often untreatable, sicknesses or injuries.
Medical costs for our pet friends continue to skyrocket. Average emergency room visits cost more than $500. And general surgeries to correct things like torn ligaments now average $2,800, according to experts. Thus, there could be an important place for pet insurance in your life.
But before buying, make sure that it meets your personal needs as well as your budget.
Check out the following: Is the plan easy to understand as far as coverage and exclusions. Certain expensive treatments like heart problems or eye cataracts are most important to have covered. Seek an insurer that pays the vet’s actual bill, not some pre-ordained benefit schedule.
Also find out if there are any policy limits. Expert say that for some $15 to $25 per month, you should be able to receive comprehensive coverage for Fido or Felix. After all is said and done, your pet is a true member of the family for most of us.