Why Pet Insurance Is Easier Than You Think

Why Pet Insurance is Easier than You Think

Choosing a good pet insurance plan can be intimidating at best. With many companies now selling pet insurance in the United States, there is a variety of plans from which to choose that will fit your pet's individual health needs, as well as the owner's budget.

Currently, only one percent of the U.S. pet population - just under 3 million animals - was insured. However, industry trends indicate that pet health insurance policies are growing in popularity in the U.S., with an anticipated increase of up to 10 percent in the next five years.

The first official pet healthcare policy was sold in Britain in 1947. Britain trails only Sweden in the number of pet owners who provide insurance for their pets. Dogs are the most-insured pet, followed by cats and small exotic animals. While it is sold under the name "healthcare insurance," pet health insurance is actually under the insurance umbrella for property. According to insurance laws, pets are seen as property, so the insurance policy which covers them is similar to that for any other property owned by an individual.

Finding a pet insurance plan that works for both the owner and the pet is easy to do with a little research. And signing up for a plan takes less than 5 minutes. To make things easier, TopConsumerReviews.com has reviewed and ranked the best pet insurance plans that are available today.

Pet Insurance Company FAQ

Can I obtain insurance for my older furry companion? Are there age restrictions?

Generally speaking, all ages are welcome when it comes to providing your pet with pet insurance. As the pet gets older rates may be more expensive than if you would have gotten coverage at a younger age. Please keep in mind some companies have age restrictions for when they can accept a dog or cat into their insurance plan. Typical restrictions are around 12+ years of age.

Why should I get pet insurance?

No one can forecast when your dog or cat is going to digest something they shouldn't have or have an accident related injury. Luckily, pet insurance helps to protect the pet owner against unexpected veterinary bills that can reach into the $1,000s.

I have a puppy, when should I get pet insurance?

It is recommended to get pet insurance before winter or summer seasons. During those seasons, there are more dangerous elements that are exposing your pet to potential illness and accidents. As far as age goes for the puppy, insurance companies recommend getting your pet insurance when your new best friend arrives home.

What kinds of pets can be insured?

Typically, insurance companies only insure cats and dogs. But some companies will insure dogs, horses, other large animals, cats, other small animals, rodents, reptiles, and birds.

How do I file an insurance claim?

Depending on the company, a pet insurance claim can be sent via several different methods. Methods can include email, fax, or regular mail. When completing a claim make sure to include all of your paid vet bill invoices, and any other required documents. When the claim is processed it will either be accepted with a reimbursement, more information needed (i.e. incomplete claim form), or denial (i.e. due to non-coverable services)

Can I use my pet insurance nationwide?

Of course, your pet insurance travels with you, wherever you go. Some insurance companies may have restrictions when it comes to international travel. Make sure to check with your pet insurance company if you plan on taking your furry friend across the border.

What is not covered by pet insurance?

It depends greatly on which company and plan you decide to go with. Most pet insurance companies cover accidents and illnesses after a waiting period. If the illness is a preexisting condition, you're likely not to receive any coverage. It's important you understand the fine print of any plan you may decide to go with.

Do most vets accept pet insurance?

In general, veterinarians do not handle pet insurance claims. Veterinarians and the owner make choices for the pet's medical care and overall health. If the care is covered by the insurance, the insurance company will reimburse the owner a percentage of the bill (depending on the chosen insurance plan's coverage) after the care and service has been performed.

Why Pet Insurance is Easier than You Think in 2025

Why Pet Insurance is Easier than You Think

Pet Insurance Company FAQ