Pet insurance policies may provide various levels of coverage, including basic care for congenital and hereditary conditions and injuries. Prices and benefits vary among plans, and some policies may require submission of the pet's medical history for coverage eligibility.
Pet owners pay a monthly premium regardless of whether their pet requires medical attention. Policy details outline the covered services, choice of veterinarian, annual expense limits, deductibles, reimbursement rates and other relevant information.
Some insurance companies may require pet owners to pay veterinary costs upfront and obtain preapproval for specific treatments.
Claims are typically submitted with detailed receipts, and reimbursement is based on the policy terms. Deductibles and reimbursement rates vary between plans. Your agent can help evaluate your circumstances and compare policies to help determine if pet insurance is worthwhile.