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The decision to get pet insurance can be a tricky one. You have to consider a few factors, such as whether it’s within your monthly budget limitations and if your pet needs medical attention often enough in order for you to feel the expense is justified. We will give you further information in order to help you make the best decision regarding insurance for your pet.

The Expense

Medical bills can be a financial burden, and the ones for pets are no exception. If your dog, cat or other animal becomes ill and requires an operation or other special treatment, it can cost thousands of dollars. Some, like Veterinary Pet Insurance spokesman Grant Biniasz, argue that having insurance for your pets is a wise investment.

“If you look at any form of insurance and try to run the numbers, you’re going to find that most people are not going to get back what they pay in premiums. But the people who do are happy they made the investment,” Biniasz said.

Pet insurance premiums will take money out of your bank account on a monthly basis. However, the $20 to $60 it costs each month might be much easier to take compared to a bill that potentially costs several thousand dollars at once.

When to Buy

The best time to purchase an insurance plan for your pet is today. Why? Because they’re not getting any younger. You and your pet will receive the lowest price plans when they’re younger, as they will be much less prone to having medical problems that would require higher premiums. Just like how teen drivers are subject to higher premiums due to their inexperience, older pets are subject to higher premiums due to their greater tendency towards falling ill.

Comparison Shopping

VPI is the oldest pet insurance company, but it is not the only one. When you look into getting pet insurance, you need to have an understanding of everything you would require for your pet in order to justify the expense. For instance, if your pet has a congenital, hereditary or developmental condition, you need to choose a policy with terms that don’t exclude coverage based on those conditions. You also need to pay attention to the various caps the policy may have in place for your pet, which could affect the duration of coverage being offered.

Finding the Right Vet

If you choose your insurance plan before you choose a veterinarian, then you need to make sure that they are approved under the conditions of your policy. For instance, if your vet is a member of the Humane Society Veterinary Medical Association, they’ll be unable to treat your pet under a policy which specifies membership of the American Veterinary Medical Association.


If you choose to not purchase pet insurance, you still need to consider the possibility of medical expenses for your pet, who will at least require checkups. You should have your own emergency fund for your pet that you deposit money into on a regular basis.


We recommend purchasing pet insurance for the security and peace of mind it provides. Yes, it will require a bit of a financial sacrifice each month. However, should anything happen to your pet that requires medical treatment, you’ll be glad you decided to go with insurance. Take the time to research good policies and consult with anyone you know who has pet insurance.