Is Pet Insurance Worth The Cost?

Pet Insurance Costs

In most cases, you’ll end up paying between $25 and $70 to insure your dog, and between $10 and $40 to insure your cat.

These costs can be lower or higher depending on how much coverage you want.

For older pets, the costs of pet insurance will likely be much higher and may not be worth the expense.

Is it worth it to have pet insurance?

If you have a pet like Guinness with a costly condition or illness you want to treat, we found that pet insurance may pay out more than it costs you. In our exercise, a Healthy Paws plan was the only one that paid more than it cost. But if his owner continues to cover cancer treatments, all three plans may be worth it.

What is the average cost of pet insurance per month?

Average pet insurance costs. How much you pay for pet insurance varies widely. The monthly premium can range from as low as $10 to higher than $100, though most pet owners can expect to pay between $30 and $50 per month for a plan with decent coverage.

Why is pet insurance so expensive?

Pet insurance should be more affordable. Here’s why it’s so expensive in 2018. The principle is simple: you pay a relatively small monthly sum to the insurance company, and if your pet is unfortunate enough to fall seriously ill or have an accident, the insurance covers the costs of the vets’ bills.

When should I buy pet insurance?

If you don’t get pet insurance when you first bring your furry friend home – which you should – the best time to buy it is before the summer and winter seasons hit. That’s when your pets are exposed to the elements and in the most danger of illness and accidents.