Honestly the non-pet insurance people and their savings accounts, hate to sound so rude, and maybe envious I don’t have a healthy animal, but your way doesn’t work if the OP is posting about considering insurance! Some people want insurance, and some times if you have a vet bill a savings account can be cleared in a short amount of time! I know this is a public forum, but the OP is looking to hear from those who DO have it. Seriously drives me crazy, for some people a savings account just doesn’t work or isn’t enough re-assurance.
We have a $60/month (incl hip displasia coverage (I think that $8 more/month, and incl taxes) plan for our needy Golden Retriever.
We originally had the mindset of dog savings in case of an emergency, however when he was 8 months and ate something he shouldn’t have that amount was cleared out a few times over! My parents dog has been the $20000-$25000 or so dog with two major surgeries and a third major emergency surgery with a long recovery.
Our deductible is $125 per incident. Our coverage is 90% per incident.
We are with Trupanion.
Routine things are not covered, nor are exam fees -I got a dog, I knew those expenses were coming -drives me crazy when that is the excuse not to get insurance. We all know those fees are coming when we get a dog. Almost like getting a car and expecting insurance to cover oil changes. The 90% coverage (rather than a “capped” amount on an incident, joint or illness) is what attracted me to choosing Trupanion over others. Example, my parents dog had two TPLO surgeries (on each knee) most companies would only give the capped amount (let’s say $5000) for that joint as a whole, not factoring in there are two of those joints on a dog -something I learned in asking a LOT of questions! With Trupanion, if both of his knees were to go, I would have 90% coverage on both.
They are quick to respond to claims, and I always get emails from them after my vet has submitted the claim, when it’s under review, and then when it’s been processed. They are always quick to sent payment, and in the 25 months we’ve had the dog, we’ve been paying for insurance for 15 of those months we are still in the plus about $2500.
Do I want to be “wasting” my money on insurance? I would love to be in that position someday, but so far I have a cutie pie dog that is needy and sensitive that I don’t want to worry about when I go to the vet. We never have to think to do, or not to do any diagnostic stuff, and testing, it’s just done because it’s covered with insurance and money is never a stressor or something that gets in the way of him getting the best care.
Heaven forbid in an emergency, it’s a great thing to not have to worry about the vet bill, just worry about the health of him!