- This topic has 12 replies, 11 voices, and was last updated 2 weeks ago by
.
-
Posts
-
I’m getting a puppy soon and am trying to decide if pet insurance is a smart financial move. I’ve seen a lot of varying opinions online. For those of you who have pet insurance, especially for your puppies, has it actually saved you money or provided valuable peace of mind? I’m curious to hear your experiences and whether the monthly premiums and deductibles have been ‘worth it’ in the long run, particularly when compared to simply saving for potential vet bills.
I got pet insurance as soon as I got my puppy, and it has already been worth it for me. My puppy had giardia, coccidia, and a bladder infection from the shelter, and then we found a birth defect. The insurance covered all the medicine and appointments for three months. Without it, I would have easily spent over $1000 in those initial months.
I decided against pet insurance for my puppy because I can afford an expensive emergency. My vet told me that if you can comfortably pay for a $5,000 or $10,000 vet bill if something major happens, then insurance might not make the most financial sense. Instead, I’m putting the $100 a month premium I was quoted into a high-yield savings account.
For me, pet insurance is all about peace of mind. I pay around $100 a month, and when my older dog got pneumonia and the bill was $3000, my insurance covered 90%. Knowing that I won’t have to hesitate about getting my puppy the best care, regardless of the cost, is worth the monthly premium to me.
I looked closely at wellness plans that cover routine care like vaccines and flea/tick medication. Often, these add-ons cost roughly the same as what you’d pay out of pocket for those services anyway. For example, if my puppy’s first year of vaccines and preventative meds costs around $700, and the wellness plan adds $600 a year to my premium, it seems more economical to just pay the $700 directly.
- You must be logged in to reply to this topic.