Post # 1
FI’s last dog had terrible health problem from a very early age. She had various deceases (including cancer) and he paid a fortune to keep her alive until 5 years old. Needless to say, when we got our current dog, Rosie, we got pet insurance. For 70$ a month, it seemed like a wise investment. Well back in June, she tore her ACL and we had to her a pricey reconstructive surgery for her (3,800$). Boy, were we happy we had insurance! It got me thinking, how many people have insurance on their dogs? Why wouldn’t you get it (is it just financial)?
I urge everyone who has a dog (especially a large breed) to look into getting an insurance quote, because when you are confronted with the option of putting your dog down, or spending a small fortune on surgery, it’ll be impossible to say no to your beloved pet!
Post # 3
Well my dog definitely loves cheese! 🙂
But no – we do not have pet insurance on our dog and my family has never carried pet insurance on any of our dogs (in my 25 years of life, my parents have had 8) or our two cats.
I’ve always been of the belief that pet insurance is rarely worth the expense because it often doesn’t cover any basics (vaccinations, yearly check-ups, heartworm meds, etc). It simply covers dire emergencies.
Also, many companies have breed restrictions where they will not cover common problems that occer within a breed no matter how long you’ve been insured (ex. bladder stones in Dalmatians or hip dysplasia in many breeds).
I believe you are better off putting the money you would spend on the monthly insurance premium into an account that will then cover any unexpected pet expenses.
Post # 4
Fiance and I are really glad we have pet insurance. When we first got our puppy she wasn’t gaining any weight was and pretty sick. We found out a few weeks later that she is allergic to grains and the food we were giving her made her sick – in those few weeks we must have taken her to the vet 5 times! It cost a fortune, but luckily insurance covered almost all of it.
Since then, we had one other incident, where she was bit by another dog and needed staples – we were very lucky that insurance covered that also!
Post # 5
We used to have pet insurance, but for our two dogs it was costing us around $120/month and we weren’t using it. We decided to cancel the policy, and put the $120 in a separate savings account. We now have almost $3000 in the account which would cover most vet expenses, and we get to keep the interest on the savings account. It works for us 🙂
Post # 6
I have insurance on my cat. He’s 2… I’ve had it since he was a baby. Thus far we haven’t had to use it (thank goodness he’s been healthy). I’m big on insurance… for me $30something per month isn’t bad for peace of mind.
Post # 7
I have cats and I don’t have pet insurance. Since they are indoor-only cats and we take them to the vet each year for checkups, I don’t feel insurance is too necessary.
I had pet insurance briefly when I had a puppy, but I honestly think I would’ve been better off saving to an emergency fund.
I had to re-home the puppy (long story, but I’m still in touch with his new family). If I ever get another dog, I will probably get Banfield plan for puppy years and then default to an emergency fund.
Care Credit is my “insurance”
Post # 8
- Wedding: August 2013 - Brookfield Zoo
@lovemoore: This is a great idea! Kind of like a Health Savings Account.
I don’t have pet insurance because I don’t have a dog or a cat that needs regular checkups/shots/vaccinations etc. I know several people who have had problems with their dogs despite being from reputable breeders though, so if I had a dog I would have considered buying it… or @lovemoore’s idea!
Post # 9
I looked into it when i first got my dog, but it seemed like it wouldn’t cover most of the things that were most likely to happen, so it didn’t seem worth it. Our vet wasn’t very encouraging in getting it either.
If we’d gotten him as a puppy, and it would have covered all the puppy vaccines, neutering, etc, we may have, but since he was a year old already that stuff was done.
Post # 10
@foodnerd81: Banfield covers vaccines, neutering, etc. 😉 good option for the first year if you ever get a puppy.
Post # 11
I don’t have it because I don’t think it’s worth it. I have 2 cats and both have never had any major problems. I also have a close friend who is a vet who will care for them for free, so there is no need in my case.
Post # 13
I have pet insurance through VPI and it’s about $30/month for my 50lb shepherd mix. It reimburses me for part of the costs of all vaccines, her heartworm/flea medication, and her annual checkups and also includes coverage for emergencies.
Post # 14
My dogs do in fact love cheese!
I don’t have pet insurance, I don’t personally feel it is worth the cost. We do however have Care Credit which is a line of credit available to us to use should we need it for vet bills.
Post # 15
@lovemoore: This is also a great idea! Unfortunately, not everyone has that kind of discipline!
Post # 16
We have it on both of our dogs and I’m very glad we do. We’ve had to use it three times for emergencies and it has been worth every penny we paid. Making a decision on our pets life based on our financial situation was a place we never wanted to end up, so we will always carry insurance on our pets.