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Pet Insurance in New Mexico

Did you know that New Mexico is second only to Vermont in terms of top pet-owning states? In a recent study, more than 67% of households in New Mexico had a cat or a dog. Pet insurance is one way that residents of the state are making it affordable to enjoy Fluffy and Fido's company for even longer.

Veterinary medicine has advanced to where many formerly untreatable conditions are now fixable, and accordingly the cost for treatment has also increased. While cancer used to mean that pet owners would have to watch their beloved companions suffer or to choose to have them put to sleep to end their misery, it is now one of the most treated conditions in both cats and dogs. The average cost to treat a dog's eyelid cancer ($717.12), a cat's cancer of the mouth ($1,101.52), or cancer of the liver in either pet ($778.89 for a cat, $8,539.41 for a dog) is not insignificant, and many owners without pet insurance have to consider going into debt in order to make sure that their furry friends get a clean bill of health.

New Mexico pet owners should compare policies from multiple companies, as they can differ greatly with respect to monthly premiums, annual deductibles, copayments, and reimbursed amounts. While the majority of companies will pay for a predetermined percentage of covered expenses, some only cover what they say are "usual, reasonable, and customary" amounts that may be drastically less than those actually charged by the veterinarian. Also, pet insurance policies are not required to cover any pre-existing conditions, elderly pets, or those with hereditary conditions. Pet owners should look for a policy that meets their needs and their comfort level (i.e. is catastrophic coverage sufficient, or is a more comprehensive policy more suitable?), to help them take good care of their four-legged family members now and for years to come.


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Pet Insurance In The News

Pet insurance: How to get the best price and coverage

Until he suddenly got sick with a life-threatening bacterial infection, Sam, our lovable chihuahua-terrier mix, was as healthy as a horse (excuse the expression). Luckily, the emergency veterinarians ...

Published:  Wed, 12 Sep 2018 07:45:00 GMT

Hong Kong-based OneDegree gets $25.5M Series A to make coverage more accessible, starting with pet insurance

OneDegree, a Hong Kong-based insurance technology startup, announced today that it has closed a Series A totaling HKD $200 million (about $25.5 million). Half of that amount was pledged by ...

Published:  Mon, 10 Sep 2018 01:15:00 GMT

Healthy Paws Pet Insurance Announces Fall 2018 Student Scholarship Winners

SEATTLE, Sept. 12, 2018 /PRNewswire/ -- Two students were awarded scholarships to help with their college tuition, courtesy of academic scholarships from Healthy Paws Pet Insurance - the #1 ...

Published:  Wed, 12 Sep 2018 08:55:00 GMT

TC Consumers' Checkbook looks at pet insurance

GOLDEN VALLEY, Minn. - Twin Cities Consumers' Checkbook is out with an in-depth look at pet insurance and retirement investment account safety. Pet insurance plans are growing in popularity, but TCCC ...

Published:  Thu, 13 Sep 2018 12:02:00 GMT

Trupanion Has Large Opportunity In Growing $1B Pet Insurance Market, Raymond James Says In Bullish Initiation

The health insurance industry has been in flux as the debate over U.S. health care reform rages. That's not the case with insurance for four-legged patients, according to Raymond James. The North Amer...

Published:  Fri, 07 Sep 2018 15:01:00 GMT

Egg freezing, yacht parties and pet insurance: unusual company benefits

Jobs don't just compensate you with wages - sometimes you'll receive benefits like stock options, tuition assistance, egg freezing and the occasional party on your boss' yacht. As wages stagnate, the ...

Published:  Thu, 06 Sep 2018 17:08:00 GMT

The Pet Shop: Playing Duck, Duck Goose - with a real duck!

Every cat receives one-month free pet insurance. or Dog Adoption Fairs: 11 a.m.-1:30 p.m. Saturdays, Petsmart, 2641 Lawndale Drive, Greensboro ...

Published:  Sat, 15 Sep 2018 22:54:00 GMT

Things to consider before buying pet insurance

SEATTLE, Wash. -- Just like the human members of the family, our pets can get sick or injured. And when they do, the vet bills can be staggering, even prohibitive. Cancer treatment for a dog can ...

Published:  Fri, 14 Sep 2018 11:34:00 GMT

Pet Insurance Market 2018-2023: Economic Performance Evaluation, Business Competition & CAGR 14.4%

According to a new market research report titled, "˜Pet Insurance Market', added on Reports Monitor. The report has been processed based on a comprehensive analysis with inputs from industry experts. T...

Published:  Mon, 10 Sep 2018 05:08:00 GMT

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