Should You Get Pet Insurance?

Owning a pet is more than just having an animal, it is an important member of the family. If you currently own a pet, you may be curious about ways to protect them if they become injured or get sick. Having a pet insurance policy can help financially reimburse you if your favorite animal friend needs medical attention, which gives you, the owner, peace of mind that your pet will be protected if something unfortunate happens. If you are a pet owner in San Diego, California, and want to know more about options to protect your beloved furry friend, Windfall Insurance Services Inc. is here to help. Read on to learn more to determine if you should invest in pet insurance.

Pet Insurance 101

Pet insurance is essentially a healthcare coverage plan for your animal and requires that the owner, (the policyholder), to pay a monthly or annual premium. If a policyholder’s pet becomes sick or is injured, and requires veterinary care, you will pay the original vet bill and file a claim afterwards to your insurance agency that offers pet insurance. Then, depending on your pet insurance policy terms, the company will reimburse you for that payment. Some policy types will require the policyholder to pay a deductible, which is a set amount that is required to be paid before the insurance coverage kicks in. Vet bills can often be very costly, therefore having a pet insurance policy can be critical when making health decisions to help protect your pet. It is important to review your pet insurance policy to fully understand what types of illnesses and pre-existing conditions are covered by the policy, and what is not covered.

How Pet Insurance Works

When you decide to buy a pet insurance policy, you will need to determine the amount you will pay for a deductible, an annual limit, and a reimbursement percentage. Because pet insurance is based on a reimbursement basis, you will need to pay the vet bill out of pocket first and then file an insurance claim to get reimbursed for expenses. Your insurance company will review your claim, and if it is approved, a reimbursement will be sent to you. When you sign up for a pet insurance policy, most pet insurance companies will require a waiting period and a health evaluation of your animal before coverage begins to ensure your pet is not ill at the time the coverage begins. As you choose your policy, it is important to remember that there are some conditions that are not covered by pet insurance, including pre-existing health situations, routine check-ups, behavioral problems, dental disease, or grooming.

Your pet is like part of the family, and it is important that they are healthy and protected. If you have questions about pet insurance in San Diego, California, contact Windfall Services Inc. for a consultation today.