Rossen Reports: Is Pet Insurance Worth It?
As the cost of pet insurance continues to rise, many pet owners are left wondering whether investing in a policy is truly worth it. Jeff Rossen, in his latest segment for Rossen Reports, dives into the various aspects of pet insurance, including costs, coverage options, and discounts available for pet owners.
Understanding Pet Insurance Costs
The cost of pet insurance can significantly vary based on the breed and specific health risks associated with different animals. For instance, breeds such as German Shepherds are known to be more susceptible to certain health issues like hip dysplasia. This could necessitate a tailored insurance policy to ensure adequate coverage. In contrast, smaller breeds, such as cockapoos, may require less comprehensive coverage.
For young, healthy pets, many owners might opt for an emergency-only policy, which generally costs around $17 per month for dogs and approximately $10 for cats. These basic plans cover accidents and emergency surgeries. However, if pet owners wish to include coverage for serious illnesses, the monthly premium can increase to roughly $56 for dogs and $32 for cats.
In addition to these emergency plans, routine care policies are also available, which cater to the costs associated with regular veterinary visits. Companies like Chewy, primarily known for their pet food products, offer routine care plans starting at about $20 per month. These plans typically cover essential services such as teeth cleaning, vaccinations, and routine checkups.
Discounts and Bundling Options
For those considering pet insurance, there are several options to help manage costs. AARP members can access discounts through Fetch Insurance, and first responders can benefit from a 10% discount with MetLife. Moreover, pet owners might find additional savings by bundling their pet insurance with home insurance, which can further lower their overall expenses.
Conclusion
As pet healthcare needs evolve and costs associated with veterinary services continue to rise, pet insurance may provide peace of mind for pet owners. By understanding the available options and potential discounts, pet owners can make informed decisions about what’s best for their furry friends.
As the conversation around pet insurance grows, both current and prospective pet owners are encouraged to weigh their options carefully and assess their pets’ individual health needs before making a commitment. Whether it’s the safety net of emergency coverage or the comprehensive protection offered by routine care plans, finding the right policy can safeguard your pet’s health and your finances.
