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Pet Insurance in Maryland

Pet insurance is becoming more popular in Maryland as more than half of all households in the state own at least one cat or dog. Rising costs of veterinary care are also contributing to the increase in pet owners choosing to get pet insurance coverage. While it is certainly a wonderful thing for pets to be able to receive treatment for conditions that previously may have shortened their lives, those advances in modern veterinary medicine have come with equally expanding price tags. For instance, the most commonly treated condition in cats (tooth extraction) cost nearly $925 in the more than 1,600 claims filed with one pet insurance company in an average year; cancer of the liver is the ninth most treated condition for dogs and has an average veterinary bill of more than $8,500.

Sadly, some pet owners in Maryland have found themselves having to choose between going into debt to care for a beloved animal companion and having that furry friend put to sleep, because they do not have the financial resources available to pay for the surgery or treatment. Pet insurance can help defray a significant portion of needed veterinary procedures.

Policies do vary widely, so Maryland customers should compare multiple plans across several companies to find one that will best meet their needs. Just as in health care policies used by people, pet insurance policies usually have annual deductibles, monthly premiums that depend on the level of coverage, and copayments; some plans may limit policyholders to specific veterinarians and hospitals as well. On the other hand, pet insurance policies can refuse coverage for any pre-existing conditions and determine annual and lifetime payout limits for covered pets. Maryland customers will want to examine any potential policies closely to make sure that their particular pets will be covered by the plan they select.

 

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Pet Insurance In The News

Wells Fargo is now refunding customers for pet insurance and other add-ons

Scandal-ridden Wells Fargo & Co. is not out of the woods yet. The San Francisco-based lender WFC, +0.14% is in the midst of refunding customers for products including pet insurance and legal services ...

Published:  Sat, 21 Jul 2018 08:09:00 GMT



Wells Fargo's Latest Challenge: Refunds for Pet Insurance, Legal Services

Wells Fargo & Co. is in the process of refunding tens of millions of dollars for products ranging from pet insurance to legal services added to hundreds of thousands of customers' accounts without the...

Published:  Thu, 19 Jul 2018 11:20:00 GMT



8% receive pet insurance as an employer-paid employee benefit

Fewer than one in 10 (8%) receive pet insurance as an employer-paid and discounted employee benefit, according to research by online legal services organisation Epoq Legal. Its survey of 1,234 UK empl...

Published:  Mon, 23 Jul 2018 02:45:00 GMT



Another Wells Fargo mess: Pet insurance ripoff

Not even pet insurance is safe from Wells Fargo's scandals. Wells Fargo (WFC) has begun refunding customers who were harmed when the bank charged them for products including pet insurance, legal servi...

Published:  Thu, 19 Jul 2018 10:39:17 GMT



Report: Wells Fargo will pay millions in refunds for pet insurance, other add-on products

Wells Fargo & Co. will refund tens of millions of dollars to customers who paid for identity-theft protection, pet insurance and other add-on services offered by the bank, the Wall Street Journal repo...

Published:  Thu, 19 Jul 2018 18:25:00 GMT



How your dog's breed could affect your home insurance coverage

HOUSTON - Your four-legged best friend could turn out to be a liability when purchasing homeowner's insurance. When you contact agents, don't be surprised if you are asked if you have a dog, and if yo...

Published:  Sun, 22 Jul 2018 20:16:00 GMT



Wells Fargo Begins Refunding Customers Charged for Unauthorized Products Including Pet Insurance

Not even pet insurance is safe from Wells Fargo's scandals. Wells Fargo has begun refunding customers who were harmed when the bank charged them for products including pet insurance, legal services, h...

Published:  Thu, 19 Jul 2018 19:07:00 GMT




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