Is Pet Insurance Worthwhile

Dog and cat on grass

If you have pets, words alone likely do not describe your feelings towards them. Pets are loyal and compassionate. They are there for you when you need them and can cheer you up even when you're upset. You love your pets and they love you in return, unconditionally.

As a result, it should come as no surprise that pet owners are spending more each year on sophisticated care to give their animals additional comfort as they age. In fact, procedures such as MRIs, CAT-scans and endoscopies have become increasingly commonplace in the veterinary world, providing owners with peace-of-mind and allowing veterinarians to diagnose serious problems at an early stage. Pacemakers and organ transplants are also increasing in popularity, bringing the world of animal health forward in leaps and bounds.

However, all of these improvements come at a definite cost and it's a burden that falls into the hands of the pet owner. Unfortunately, most pet owners don't have pet insurance and, as a result, tough decisions are often made. Statistics show that, once veterinary fees exceed $576, pet owners begin to consider euthanasia as an alternative to expensive treatments. That's a difficult decision to make and one that most pet owners hope to forever avoid.

There are numerous examples of people who have avoided financial burden by having pet insurance. Serious ailments such as cancer can be expensive propositions for pet owners and costs can quickly rise into the thousands. Pet Insurance can be a huge expense saver and should at least be considered by all pet owners.

Nevertheless, pet insurance isn't for everyone. Depending on the previous medical history of your pet and the propensity for your pet's breed to contract illness, pet insurance may or may not be right for you. It is important to note that, just as treatment costs vary from one person to another, so too do medical costs for your pet.

Find out whether pet insurance is right for your dog or cat.