Is Pet Medical Insurance Right For You?
As more pet insurance companies have begun offering reasonably-priced plans, and as innovation in veterinary medicine has provided advanced treatment options, insurance has become a popular way for pet parents to make cutting-edge medical care affordable. But how do you know if pet insurance is right for you, and how do you decide which company is the best choice? Here are some tips:
What pet insurance company should you choose?
There are many companies that offer pet insurance, and Frontier is not affiliated with any insurance company. Because pet insurance companies work directly with the pet owner, the choice is truly yours- we will work with whatever company you choose. The websites petinsurancereview.com and https://www.consumersadvocate.org/pet-insurance/best-pet-insurance offer coverage comparisons as well as pet owner reviews of the major pet insurance companies. Also, the website pet-insurance-university.com has good overall information on pet insurance.
How does pet health insurance compare to human insurance?
Pet health policies are similar to human insurance policies; annual premiums, deductibles, and coverage based upon what the owner chooses. Most plans also have co-pays and caps that limit how much will be paid out anually. The major difference between pet and human insurance is how claims are paid. With humans, the insurance company pays the medical provider directly. However, with pet insurance the pet owner pays the veterinarian at the time of service. The pet owner then files a claim with their insurance company and are reimbursed for the allowed amount, which varies according to their plan.