Pet Insurance

@taface412 (3175)
United States
June 6, 2008 5:11pm CST
I have always thought that a company should start pet insurance because of the high costs it is to be a pet owner. And sure enough a couple of years ago when I was standing in line at the supermarket there was a flyer advertising this service. Not only did they provide insuarance for taking your pet to the vet it also had a part of the policy that covered missing or deaths. Which I thought was interesting. Because if your pet went missing and depending on the level of insuarance you paid for the pet they covered the advertising costs for searching for your pet and if not found compensated the owner up to a certan amount. How many of you pet owners out there have heard of this and possibly use it? I have not got it yet, as I have four dogs and one cat so I can imagine what their insurance bill would be and I don't even have health insurance LOL but plan on getting it one day for them. If you have it, what do you think of it?
2 people like this
11 responses
@ZephyrSun (7382)
• United States
6 Jun 08
I have heard of it, but I looked into the insurance and my vet's price was better than the cost of the policy. I think it is interesting to say the least but how many people do you think are committing fraud with this? I could easily make my pet disappear for a while to collect the insurance payment (send him to a relatives house). It just doesn't seem like that business could sustain itself for the long term, especially now with the economy in the US the shelters are full because pet owner's houses are being foreclosed on.
@taface412 (3175)
• United States
6 Jun 08
I know I am skeptical too, but the way the thing is explained is a little better than the costs of the vet. At least that is how I was taking the info in. And I know there are people who commit fraud to make a quick buck, but I am sure they check it out like they do for human life insurance policies...and most pet owners would not want to hurt their furry family member.....or at least I would not hope so. LOL
@ZephyrSun (7382)
• United States
6 Jun 08
LOL I would hope so too but there are a lot of sick pet owners out there
• United States
6 Jun 08
I actually started looking up Pet Insurance quotes after I spent...oh...I think somewhere are 600 dollars for my cat at the vet. But I'm not really sure I'd want to have another monthly bill, not really sure I could afford it since I am really trying to save up. Like you, I don't have health insurance either. I defeniatly put my pets before myself, but I'm not sure how much I can afford monthly now. I'm working 1 day less than I used to after my work hired a new person for nightshift (when I work). So now I'm down to working 3 days a week, 8 hours each shift, a little under 8 dollars an hour...Not that great lol.
@taface412 (3175)
• United States
7 Jun 08
I totally understand. Who knows maybe one day I could earn enough on here to pay for my dogs health insurance....there's motivation for ya LOL
• United States
6 Jun 08
Pets usually become part of the family so insurance for them wouldn't seem out of bounds. I'm not sure who would regulate it though, vets? It might seem like it should be a lot cheaper because they live longer, but I'm not sure, and who would sell this type of insurance, would it be your current insurance agent? I guess they would have to be a pet owner, would it cover all pets? How about expensive fish or reptiles. This would be something to research, great topic.
@taface412 (3175)
• United States
6 Jun 08
I just checked it out at www.petinsurance.com and according to them the pet owner will be reimbursed for a variety of costs at the vet (lab fees, surgeries, x-rays, accidents, etc.) They have different levels of insurance like us humans. It seems interesting and I may get a quote for my five four legged friends...that is as soon as I get my own LOL
@Loen210 (1533)
• United States
7 Jun 09
Hey, I was looking to see how many people have pet insurance, adn what company/rands. I see it's been a year since you posted this. So did you ever get it? How'd it go? What brand? Actually, I kid of bet that you never got it. Am I right? Would be interested in hearing your reply. Cheers!
@relundad (2311)
• United States
26 Jun 08
I do have pet insurance but it basically only covers maintenance and medical. If you have every had a dog that needs medical emergency treatment then it is well worth it. It costs for my one dog less than 20 dollars a month. With just his yearly physical and shots it basically covers my investment. So I don't have to compromise his health or if he ever needed emergeny care I would not have to worry about dipping into my savings. I think it was a great idea and definitely recommend it for pet owners.
@sanell (2113)
• United States
7 Jun 08
I think that the pet insurance is a good idea, but, at the same time it is tough. Unfortunately Pets are considered Property in my country so even with homeowners insurance, if one pet kills another pet or something happens where liability is an issue from one owner to another owner's pet...well if the damages to the pet are higher than what the pet is worth, guess what, you only get paid for what the pet is worth. IT can really be bad too, because not many understand this, I know I loved my pet and though she was my baby and is a person I also knew that she was only worth $500 - so even if we had to pay $1000 for her care should she be in an accident and it was someone else's fault, I would only get $500 for her. Anyway, we do not have a pet currently but she did go to the vet often, and I think it would have been worth it to get the insurance for the costs to take her in, immunizations, the fact that she was sensitive and would have to stay in for 2 to 4 hours to be watched etc,.
• United States
7 Jun 08
When I was working, the company I worked for offered Pet insurance. I had it for awhile and it is good, they reimbursed quite a bit of my expenses for my dog. I don't have it now, because I am currently not working and can't afford it, but it was nice to have. I think it is a very good idea to have when you own pets, because they are part of the family and as with children, you want to have them covered. Especially in an emergency.
@paid2write (5202)
7 Jun 08
I know the woman who started the first pet insurance company in Britain, it was quite a long time ago. She received a Business Woman of the Year Award and become a millionaire. She later sold it to another insurance company which paid several million pounds for the name and the business. It is still the best known name for pet insurance in Britain, but there are other insurers and some general insurance companies also have plans to cover vet bills.
@skinnychick (6906)
• United States
7 Jun 08
Pet insurance is much cheaper than human medical insurance. In theory, it's a good idea if your pet gets sick and needs surgery for some reason. With that many dogs and a cat, it might be a wise investment. Just make sure to do your research on it first.
• China
7 Jun 08
Yes, I agreen with you! I have bought a very expensive cat half a year ago!I take care of it very arefully and bought so good food for feed it! However, last night,I don't know where she has gone and look for it for a long time! The result is so bad ,I could not see it again ,I also very very hope there will be a pet insurance in the insurance company!
• United States
7 Jun 08
It's rarely worth it unless your pet gets sick a lot and they exclude preexisting conditions, anything genetic like bad knees counts.