Pet Insurance Australia – Compare To Find Your Best Option
Why get pet insurance in the first place?
Pet insurance is insurance to help cover eligible vets fees, and it exists to give pet owners a peace of mind, knowing they will be covered for any eligible vet fees if their furry companion gets sick or suffers an accidental injury. We all try our best to save money for emergencies, but being human, things always come up that exhaust our savings and leave us at square one. That’s why pet insurance is a great way to know that you can afford to take care of your pet, whether your savings have been exhausted or not.
Here’s some things to consider when you compare pet insurers and choose the plan that’s right for you.
Is pet insurance for you?
If nothing is too good for your furry friend, then pet insurance could definitely be a worthwhile investment. If your pet is accident prone, or particularly active, then insurance can help cover the cost of the inevitable vet bills that will come up. Securing pet insurance for your little buddy can mean the difference between life and death when a hefty vet bill shows up, if it is something you cannot afford to pay. It’s a difficult choice that not many pet owners want to make, but sometimes pet owners are left with the decision of unaffordable vet bills or euthanasia.
The cost of pet insurance
Premiums are based on the breed and age of your pet, and a range of other factors. Get a quote and compare to see how affordable Petsecure pet insurance can be for you. As a pet gets older, the risk increases and so does the premium.
Are there alternatives to pet insurance?
It’s worth noting that whilst the average claim in some cases is reasonably low, if the costs blow out then the numbers can run into a few thousand dollars. For example the average claim for a dermatitis is just $834 – but it can run into the thousands, with the highest claim being $24,35!! Ouch!! Additionally, there’s been a significant increase in claim costs over the last few years, brought about through both advances in technology as well as the usual inflation.
If you think insurance isn’t for you, it’s a good idea to compare it with the option of setting aside some cash each month to ensure you have money on hand for unexpected accident or illness. You need discipline to ensure that you can build up a fund worth at least a few thousand dollars. Insurance helps in that the amount is automatically deducted without your needing to control your spending and consciously set an amount aside. Of course, credit cards could always pay the bills, but when you factor in the added cost of interest, they can be quite expensive.
Choose your pet insurance wisely
Do your homework, review the insurance, and compare the premiums and options available before you make your decision. Choose wisely, taking into account your budget and needs, as you must consider the long term. As your pet ages, the more valuable the cover is likely to be for you.