Post # 1
So we’re loving our new cat Jacques and obviously want to keep him healthy. When we adopted him from the shelter he came microchipped (awesome) and had all his vaccination paperwork, as well as a complimentary 45 days of pet insurance coverage for vet visits. We have the option to buy into a policy.
I’m just wondering, is this going to be one of those things that sounds like a must have and then turns out to be a total rip-off? Anyone have any experience with this (good or bad)?
Post # 3
@KatyElle: I’ve found pet insurance usually isn’t worth it.
Most pet insurance plans are based on the premise that you pay any bills up front and they decide whether or not they will reimburse you. Obviously you cannot predict any catostrophic problems might come up, but for the most part the cost of general pet maintenance is fairly low.
It’s probably better to put aside an amount equivalent to the premium every month in an emergency savings account and draw on that should anything happen.
Post # 4
It isn’t worth it unless you have a very sick cat. I think if you have an indoor only, healthy cat, then it’s not worth it.
Post # 5
The reason we were more inclined to consider it is because he’s FIV+, but there’s also no reason to believe his health would be compromised in any way because of that. He is exclusively indoors.
Post # 6
@KatyElle: I would be very careful to look at the terms for pet insurance and how they treat pre-exisiting conditions. Since you already know he’s FIV+, they may not cover any expenses related to that.
Post # 7
Since your cat is exculsively indoors it may not be worth your while. The good thing about insurance though, is before your pet gets seriously injured, the premiums are pretty low.
About a year ago, my dog go hit by a car, and needed surgery. The bill was almost 5k including surgery, vet stay, medications, etc. So in his case it would have been worth it to pay the small amount per month. We didn’t have insurance, so it was all out of pocket. Thank goodness my fiances family helped pay. 🙂
Post # 8
So far my dog’s insurance has paid off. She had complications after being spayed (swollen belly, x-rays, procedures, medications $$$$) – it saved us a lot of money. We haven’t needed to use it for awhile other than for some medications for her allergies. I don’t want to cancel it though in case she was ever in an accident or something. Or became ill. My aunt’s dog recently had cancer and they decided to amputate her leg. I know this cost A LOT of money and the insurance would cover it.
I don’t know what your options are but I go through Trupanion. I chose the plan with no deductible but where I pay 10% of the cost…they pay 90%.
I agree with the PP who said to look into the terms though. If you already know of an existing health condition, they might limit your coverage.
Post # 9
We have PetCare insurance. Its like 12.95 a month for my big German Shepherd. I adopted my dog as a puppy and got a free 1-month trial when I got her and within 5 days, she had eaten a blanket and needed surgery. I had to pay out of pocket but PetCare was a breeze to work with and I got the policy maximum reimbursed within a week. My coverage is pretty basic – foreign substance ingestion, car accidents, death cremation, etc. I pay for her basic vet care but its for emergencies. I don’t know how cat insurance works, but I’ve never gone without it.
Post # 10
We have 2 cats from the humane society and didn’t buy insurance on either. So far neither has had any severe health problems, just an ear infection and the medication was about $10. I don’t know if it will be worth it in the future but if your cat is indoor only I wouldn’t think it’s necessary,
My parents’ dog is 14 and they never bought pet insurance either.
Post # 11
I have a plan with Banfield pet hospital (inside Petsmart) with my puppy where I pay $25/mo for a year and it covered all of his shots, vaccinations, deworming, and castration plus a discount on heartworm/flea meds. It’s pretty similar to pet insurance and it was well worth it (at least for his first year since it’s so expensive). All office visits are free and they are open if you have emergencies. I’m not sure about your your cat’s scenario but it might be worth it to find out if you have a petsmart in your area.
Post # 12
We had a puppy and never got insurance and reallllly regretted it afterwards. When my friend went to get one I pushed for her to get the insurance and she felt it was an unneeded expense and did not get it. Turns out her dog has diabetes ( or some illness like that) and she has to give him very expensive shots daily. Her pet insurance would have covered it.
To me, It’s worth it to be covered. You never know what’s going to happen right?
Good luck! Enjoy your cat!
Post # 13
I would say if you can swing it definitely get it… you NEVER know what could happen… And policies are pretty reasonable. I mean for 20-30 bucks a month you can avoid $5,000 vet bills in an emergency? However I would talk to them about your cat being FIV+, it’s definitely not a death sentence, but complications can arise later in life that they may not cover.
Post # 14
i know that things probably work different in the U.S but as far as I’m concerned pet insurance is a must. It has been invaluable on many occasions in the 5 years of my cats lives. Especially when one needed an unexpected operation after silly puss swallowed a long grass plant thing and getting it stuck in his throat! Also, they are paying for the prescription food my other cat now has to eat, and the tablets he has to take every day. There are some things they won’t cover- but on the whole I would rather know they are protected for all eventualities.
Post # 15
Honestly it just depends on the animal. Sometimes it pays off, but most times it doesn’t. Insurance is there to make money, not do favours for people. In most cases, it’s better to put the money aside each month in an account. If it’s documented that he has FIV, then anything related to that will most likely not be covered anyway. I have insurance for one of my dogs because he’s pretty delicate and tends to have issues here and there, so it has been good for him, but I wouldn’t get it for just any of my dogs. If you have the extra money and it feels better to have it, then I would get it for peace of mind, but look into your policy carefully to see what it will and will not cover.
Post # 16
The pet insurance we’re looking into was recommended by the shelter, so I’m going to be researching whether or not his FIV counts as a “pre-existing” condition or other such nonsense. It sucks that the FIV cats get such a raw deal adoption and healthcare wise.