Is Pet Insurance Worth It?

Whether you’re looking to protect your dog from expensive procedures or something more common, pet insurance can be an excellent investment. Pet insurance is a type of insurance that provides coverage for veterinary costs.

The annual cost of visiting a vet on average if $400 for dogs and this does not include medications, surgery and emergency treatments. Many providers charge premiums between $170 up to $5000 a year, depending on your choice of cover.

In this blog post, we’ll explore 3 main advantages and disadvantages of pet insurance with the goal of helping you make an informed decision about whether it’s right for your dog!


1. Health insurance is a good idea if your dog is of a breed known to have a genetic disorder. Boxers, Grey hounds, and German shepherds are all known to suffer from the genetic disorder hip dysplasia. Many types of collies suffer from loss of eyesight at older ages, and some small body breeds develop arthritis and joint pains. Find out your dog’s breed predispositions for health problems and make an informed decision. Better safe than sorry.

2. Another pro of the option is that annual check-ups and shots will cost less. If you keep up to date with your dog’s vaccinations and rabies shots then you can save a substantial amount over the years. An insurance plan should also cover the annual veterinarian check-ups.

3. Health insurance for dogs covers some pretty amazing and odd events. Chocolate poisoning and accidental poisoning are included in the most basic of plans. Also included is a foreign ingestion policy that will cover surgery for your dog if he devours a plastic children’s toy. Accidental death coverage is included in the basics.
The insurance plans are split into price categories, and the basic policy will not cover specialized treatments. Cancer, diabetes, arthritis, heartworm issues, and allergy treatments are typically only covered by the higher price plans. This means you need to assess your needs as well as your pets.

Main Disadvantage:

1. The cons of dog health insurance are the same as with a regular policy for a person. You have to buy insurance before any of these symptoms appear. This means that you will have to pay into your premium prior to actually needing it.

A Key Tip:

Decide as a couple, family or alone, how far you would go to save your pets life in case of a catastrophe or serious emergency. If you would ask the veterinarians to do everything within their power to save your beloved pet, then you need a pet health insurance plan. Certain diagnostics and operations can cost thousands of dollars, followed by a long list of prescription medications.
If you are the type of pet owner that would choose to put your pet to sleep instead, then an insurance policy is most likely not for you.

Once you’re ready for health insurance, you will want to do some comparison shopping. Ask advice from your vet, and hear from other pet owners about their experiences with pet insurance. Think about such things as pre-existing conditions, genetic predisposition and how the companies you are looking at treat these exclusions. Think about the deductible amounts and the pay-out limits to be sure that you will have enough money to cover the costs that your insurance doesn’t.

Some of the Pet Insurance Companies in Australia are:
– Vets Choice
– Knose
– Pet Cover
– Pet Insurance
– Trupanion
– Bondi Vet Pet Insurance
– Bow Wow Meow Pet Insurance
– Guide Dogs Insurance
– HCF Pet Insurance
– HIF Pet
– Kogan Insurance
– MiPet Insurance
– Pet Insurance Australia

By covering your dog’s health care needs you can relax, secure in the knowledge that if anything happens your dog will be taken care of. The choice of policy is entirely dependent upon your financial situation and what level of coverage is most useful to you. No-one knows you or your dog better, so be confident in your ability to make the right choice.

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