Pet insurance not only helps cover unexpected veterinary costs, it removes the need to think about money if your pooch should become sick. In August 2011, an industry report revealed that many policies cost more than they pay out and lists the best-rated policies in terms of coverage and value.
ASPCA Level 2 Pet Insurance
The American Society for Prevention of Cruelty to Animals, in association with the Hartville Group, lends its trusted name to a top-rated insurance policy. This policy covers injury treatment, prescription medication, diagnostic tests, lab tests and X-rays arising from an accident. ASPCA Level 2 also covers your pet for treatment, prescription medication, diagnostic tests, lab tests and X-rays arising from an illness. Although vaccinations and dental work are not covered, this policy was best rated due to the amount paid out compared to the premiums.
This policy has no upper payout limit, so your dog receives unlimited lifetime care, even for accidents and illness. There is no limit to the amount of incident claims you make, so if you have a particularly accident-prone pooch, this policy will have him well and truly covered. The Truepanion policy pays out 90 percent of the total veterinary costs for accident and illness treatment, so you’ll never get the full amount back. Surgery, diagnostic tests, treatment and medication are all covered under this policy.
24 Pet Watch Quick Care Gold
24 Pet Watch offers two top-rated policies: Quick Care Gold 70 and Quick Care Gold 90. The numbers refer to the percentage payout offered. The lower the percentage payout, the lower the premiums. Both of these policies cover 12 separate illnesses, accidental death, boarding kennel fees up to $25 per day and recovery fees. Recovery fee insurance means you can offer a reward for your missing pet and claim it back from the insurance company if you have to pay it out. Illness cover is unlimited, accident cover is capped at $3,000 per accident.
Veterinary Pet Insurance
VPI offers two top-rated policies. Vet Major Medical Plan is a comprehensive policy that covers chronic and hereditary conditions. Ideal for owners of breeds that are susceptible to inherited health problems, such as bulldogs and pugs, this policy also permits you to use any vet you choose, but does restrict you to a maximum annual benefit of $14,000. The cheaper VPI Medical Plan has almost all of the same benefits as the VPI Major Medical Plan, but the maximum annual benefit is $7,000 and you must use an approved vet. This policy is more suited to owners of healthy pets that are less likely to develop chronic conditions.
Always check with your veterinarian before changing your pet’s diet, medication, or physical activity routines. This information is not a substitute for a vet’s opinion.
Simon Foden has been a freelance writer and editor since 1999. He began his writing career after graduating with a Bachelors of Arts degree in music from Salford University. He has contributed to and written for various magazines including "K9 Magazine" and "Pet Friendly Magazine." He has also written for Dogmagazine.net.