Pet insurance is great for buffering unexpected veterinary expenses. But be sure to factor in policy-associated costs when determining the most responsible financial plan for your situation.
If your budget’s tight, you might consider a policy for catastrophic coverage only. But note that companies vary in their definition of “catastrophic” as well as their coverage of related care.
General pet insurance policies offer a broader range of coverage for a higher premium. But be sure to ask about deductibles — including whether they apply throughout an ongoing medical condition. That can be a game changer if your pet needs frequent rechecks and long-term medication.
Also be clear about coverage for pre-existing conditions. In the same vein, note that some companies don’t cover conditions inherent to certain breeds.