There is nothing more painful than being forced to euthanize your pet, not because they have an incurable disease, but because you can’t afford treatment. Health costs for dogs may not run as high as that for humans, but they can be steep regardless and leave you out of a couple of thousand dollars. One way to prevent this is to buy dog health insurance as soon as you can.
How Much Does it Cost
The first step in determining which dog insurance to choose is deciding the type of insurance you want. There are three types of dog insurance:
- Wellness: Wellness plans offer coverage for routine vet visits and your dog’s general health. These cannot be purchased on their own and are bought in conjunction with a major medical plan.
- Accident-only: Accident-only plans are the least expensive because the coverage is limited. They only cover emergencies and accidents. If your dog develops an illness, whether major or minor, they will offer no coverage.
- Major Medical: Major medical plans will pay for roughly 90 percent of the bill of an accident, illness, emergency, and prescription medication. As a result, they tend to be the most costly.
On average, accident-only coverage can cost 20 dollars per month. Major medical plans can cost anywhere between 35 to 55 dollars on average. Major medical plans with wellness coverage included can cost more than 60 dollars per month on average.
However, this can vary greatly. The cost of your dog’s health insurance depends on multiple factors. These include:
- Your level of coverage
- Your dog’s breed
- Your dog’s age
- Where you live
- Deductible and co-payment amount
The next step is looking at ways to reduce this cost:
- Even though you can switch your pet to an accident-only policy at any age, most insurance companies do not offer coverage after a certain age. If they do, the cost is much higher than usual. They also do not provide coverage for preexisting health conditions. To prevent this, get insurance when your dog is just a few weeks old and likely has no preexisting conditions.
- Get your dog spayed or neutered. Neutered dogs tend to live longer as they are less likely to contract certain diseases and be aggressive to other dogs.
- Adjust the deductible and reimbursement to get the maximum payout.
- Get your dog installed with a microchip that lets you track his movements. This reduces the chance of him getting lost and being injured when trying to get home.