Further Pet Insurance Information

As well as just comparing the price of Pet Insurance for your pets and opting for the cheapest, its a good idea to also compare the level of cover you will be receiving and all the other details for each insurance company. We have described the main things which you should check when insuring your pets below.

Vet Fees

Vet Fees are the main reason every pet owner purchases cat or dog insurance. It can be very expensive to visit the vets if your pet needs treatment, but with a pet insurance policy, your vet fees (minus your excess) are paid by your insurance policy. Some insurance companies will pay the Vets directly, whilst over companies will require you to pay the vets upfront and then claim the money back using your policy. This also depends on the Vets you are using, as some vets require the money upfront whilst others will accept payment directly from the insurance company. You will need to check this with both your insurance company and your vets beforehand.

All insurance policies will also have a maximum limit to the amount they will pay out in vet fees each year and also the amount they will pay out per condition. For example your insurance policy may have a maximum of $6000 vet fees per year, but also have a maximum of $2000 per condition.

Pet Insurance Excess Fees

All insurance policies will include an excess fee on your policy, usually of around $50 or even more. Lets say your policy has an excess of $50, this means if you take your pet to the vets and the cost is $150, you will have to pay the first $50 whilst the insurance company will pay the rest ($100). Obviously the lower the excess, the better it is for yourself.

Lifetime Cover or Cover for Life

Lifetime cover insurance policies are often much more expensive than standard cover (for 12 months). They are designed for pet owners who are concerned about theirs pets developing a long term illness like eczema or arthiritis for example. As long as you continue to renew your insurance policiy each year, your pets illness will be covered each year, right until they reach old age. With a standard insurance policy, if your pet develops a long term illness, it would be covered for the first year, but then when you renew your policy, the illness would be treated as an existing illness and may not be covered by your policy.

Pet Age Limit

A few pet insurance companies have a maximum age limit for pets that they will insure. For example some companies may not provide cat insurance for a cat or dog insurance for a dog aged over 10 years old.

Additional Benefits

Many pet insurance companies also offer many other benefits which may be very useful for you and are worth looking at in more detail. Some companies offer money for advertising and reward costs should your pet go missing, whilst others provide money towards kennel or cattery fees should you need to go in hospital.

Get in contact with us