If you’re a pet owner, you know that furry (or feathery or scaly) friends are more than just animals—they’re family. And just like we invest in health insurance for ourselves, pet insurance is becoming a popular choice for pet parents. But is it really worth the cost? Let’s break it down.
What is Pet Insurance?
Pet insurance works similarly to human health insurance. You pay a monthly premium, and in return, the insurance company helps cover medical expenses for your pet. This can include accident-related injuries, illnesses, and sometimes even routine care, depending on the policy.
How Much Does Pet Insurance Cost?
The cost of pet insurance varies based on factors like your pet’s age, breed, location, and the coverage level you choose. On average:
- Basic accident-only plans can cost around $10–$20 per month.
- Comprehensive plans that cover illnesses and accidents range from $30–$50 per month.
- Wellness plans (covering routine vet visits and vaccines) add another $10–$20 per month