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What is pet insurance and why is it useful?

.                        What is pet insurance and why is it useful?


 Pet insurance is essentially health insurance for your dog or cat. If your furry friend happens to fall ill or have an accident you will typically be required to pay ahead of time and then submit a claim for reimbursement from your insurer. To fully protect your pet via insurance, you will need to sign up with an insurance company and pay a monthly premium to keep the policy active. One thing that is helpful to know is that insurance companies often like to exclude certain pre-existing conditions and that’s why we recommend getting pet insurance while your animal is in the puppy or kitten phase (after 8 weeks of age) or as soon as possible. I’ve heard countless stories about people with animals aged 6 years or older who later regret not getting insurance because it would have covered major illnesses later in their pet’s life.

Pet insurance is very useful across the US since vet bills can get astronomically high for therapies like cancer treatment that can cost well over $10,000. Many uninsured pet owners have to make the unfortunate decision to euthanize their animal because they simply can’t afford the cost of treatment. Insurance is there to help relieve the financial burden of expensive vet bills.


7 Best Pet Insurance Plans Compared for 2024


1. Lemonade. (4.9)


Standard plan cost           : $26.31/mo

Reimbursement Amount : 90%

Annual Benefit.                 : $20,000


2. Fetch. (4.7)


Standard plan cost           : $46.27/mo

Reimbursement Amount : 90%

Annual Benefit.                 : $5,000


3.Odie . (4.7)


Standard plan cost           : $32.63/mo

Reimbursement Amount : 90%

Annual Benefit.                 : $10,000


4. Figo. (4.6)


Standard plan cost           : $36.24/mo

Reimbursement Amount : 90%

Annual Benefit.                 : $5,000


5. Pumpkin. (4.5)


Standard plan cost           : $63.48/mo

Reimbursement Amount : 90%

Annual Benefit.                 : $10,000


6. Embrace. (4.5)


Standard plan cost           : $47.71/mo

Reimbursement Amount : 90%

Annual Benefit.                 : $5,000


7.Trupanion . (4.9)


Standard plan cost           : $71.74/mo

Reimbursement Amount : 90%

Annual Benefit.                 : $---------


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