Is pet insurance the answer

A 2017 survey done by the North American Pet Health Insurance Association found that 68% of U.S. households own pets, but only about 1% of those pets are insured.

A common sense survey done by me found that 100% of pet owners worry about their pets being sick, and I'm almost positive that a great majority of those pet owners would consider an unexpected vet visit for a major health issue a burdensome expense. And who wants to choose between debt from vet visits and a sick pet?

So, is pet insurance the answer? 

Consider pet insurance as you would human insurance. You've opted in to make sure that you and your family can alleviate some of the costs of being healthy; it is about peace of mind and being prepared for emergency situations. 

About pet insurance:

With pet insurance, you can pick and choose different levels of coverage. Some cover basic scenarios like check-ups and accidents, whereas more comprehensive coverage would cover hereditary/genetic issues. 

The major difference between human insurance and pet insurance, however is that pet insurance primarily works on a reimbursement basis. You pay the cost upon visiting the care center, and submit it to the insurance company for reimbursement. Depending on your coverage, you may be reimbursed a percentage of costs, or ALL.

The best way to know if pet insurance is for you, is to consider some of the coverage options offered by some of the better pet insurance companies. 

Riffbuddy has included some coverage details from a few of our top-rated pet insurance companies for your consideration. 

24PetWatch: https://www.24petwatch.com/

24PetWatch provides both pet health insurance and lost pet recovery services in the US and Canada for pets between 8 weeks and 10 years. It has a great reputation with both pet owners and vets, and 89% of Riffbuddy users recommend 24PetWatch. Coverage options by 24PetWatch include 3 tiers of comprehensive coverage, affordable deductible amounts, as low as $100, provisions for alternative treatments like acupuncture or hydrotherapy and even boarding/kennel fees for your pet in case you're hospitalized or your home is rendered unfit. 

Click here to see what Riffbuddy's 24PetWatch consumers are saying about their experiences: https://www.riffbuddy.com/business/24petwatch-pet-insurance

ASPCA Pet Health Insurance: 

The ASPCA has already established its reputation as one of the biggest animal advocate organizations in existence. Their insurance options reflects this, and 91% of Riffbuddy users recommend ASPCA Pet Health Insurance. They enjoy coverage for care from any licensed vet, specialist or emergency clinic in the US or Canada, and an easy online claims process that promises you your cash back fast! ASPCA also offers pet owners lots of flexibility with three annual deductible amounts and three reimbursement percentage options. For specifics, visit their website to get a free quote.

Click here to see what Riffbuddy's ASPCA Pet Health Insurance consumers are saying about their experiences: https://www.riffbuddy.com/business/aspca-pet-health-insurance

These are just two of the popular pet insurance companies that exist. Whatever you decide for Spike (or Fido, or Felix, or Mister Whiskers), make sure you make an informed decision.

Check out Riffbuddy - Pet Insurance to see honest reviews for other highly recommended pet insurance companies including Embrace Pet Insurance, FIGO Pet Insurance and Pet Assure.