How Much Does Pet Insurance Cost?
Average pet insurance costs.
How much you pay for pet insurance varies widely.
The monthly premium can range from as low as $10 to higher than $100, though most pet owners can expect to pay between $30 and $50 per month for a plan with decent coverage.
Is pet insurance really worth?
If you have a pet like Guinness with a costly condition or illness you want to treat, we found that pet insurance may pay out more than it costs you. In our exercise, a Healthy Paws plan was the only one that paid more than it cost. But if his owner continues to cover cancer treatments, all three plans may be worth it.
Is pet insurance a waste of money?
Pet insurance would indeed be a waste of money for these pet owners. Surveys have been done asking pet owners how much they would spend to save their ill or injured pet. A large percentage of pet owners respond that they would be willing to spend “any amount” to save their pet.
How does pet insurance work?
Pet insurance is a way to save on veterinary costs when your pet gets sick or is injured. As with regular health insurance, the policyholder pays a small portion of the bill and the insurance company pays the remainder. Unlike regular health insurance, you do have to pay out of pocket first.