Is There Such Thing As Low Cost Pet Insurance?

Yes, there is low cost pet insurance. Many pet insurance companies offer a variety of policy programs, including comprehensive coverage and low cost pet insurance. Usually, low-cost pet insurance is called that for two reasons:

The premiums are lower than all of the other policies
The coverage is also limited

It’s sort of like trying to determine whether you should get compressive or just collision coverage for your auto insurance policy. In the case of low cost pet insurance, collision means “accident” and comprehensive means “accident and illness”. Some plans will cover even more than that, but for now, let’s just stick with the pet health areas of low cost pet health insurance.

How Low Is Low?

The average low cost pet insurance policy is under twenty dollars a month. Compare that to what you currently get in your auto insurance or your people health insurance and you will probably wish you were a cat.

There are many factors you have to consider if you want to choose the best low cost pet insurance for you. In some ways, it’s like picking your dog or horse, or close to the same process of how your cat picked you. Anyway, consider:

How much will I have to pay out of my pocket? Some policies will pay for up to 100% of vet bills from an accident or development of an illness after the policy is bought. Some will only cover part of the expenses.
How old or young can my pet be to get low cost pet insurance? Generally, younger animals cost less to insure than older ones. Some pet insurance companies will refuse to insure any animal under six months old or over nine years old.
Do they give any discounts? If your cat stays indoors, for example, you can get a much lower policy from QuickCare pet insurance (for example) than for outdoor or breeding cats. Some will also give discounts for multi-pet homes, for guide dogs or for neutered animals.
Is your pet worth a lot of money? At first glance, that’s a sick question, but legally pets are property. The demand for a Westminster Best In Show or for an actor cat will be more tempting to thieves than for the average stray in the pound.

If you live near a busy highway, show your pets or live near a big city, you should consider low cost pet insurance.