If your dog or cat has a sudden illness or accident, your pet insurance can cover most of the costs associated with getting them treated.
Before your coverage begins, the majority of businesses require you to pay your bills out of your own pocket until your annual deductible is met.
Depending on the provider and policy you select, this can range from $100 to $1,000. In general, your monthly payment will be lower the higher your deductible.
As long as the service is covered by your policy, your insurance will reimburse you for approximately 70% to 90% of any future vet visits for an accident or illness once your deductible has been paid off.
In addition, the majority of providers have a yearly cap on how much they will pay out in claims, which typically ranges from $5,000 to $15,000 or more.
Although most providers offer a paid add-on rider that will reimburse you for the cost of common preventive and routine care, such as annual vaccinations and checkups, pet insurance only covers the cost of vet services for accidents and illnesses.
