If you own a pet, you likely consider it to be family and will do whatever you need to in order to keep your pet safe. Depending on the situation, that can get very expensive very quickly. That’s why an increasing number of pet owners are investing in pet insurance policies, so they can keep their pets and their bank accounts safe.
Pet insurance has evolved quite a bit over the last few decades. In fact, pet insurance policies have changed so much over that time that Consumer’s Checkbook recently decided to change their official stance on pet insurance. In the past, Consumer’s Checkbook advised people against purchasing a pet insurance policy, now it’s a strong maybe.
Everyone is dealing with a different set of circumstances, which is why getting a pet insurance may be a great idea for one person, but not a good investment for another. If you’re the type of person who will happily spend whatever it takes for your pet, you should look into a pet insurance policy. However, it’s also worth considering your current financial situation. Like any insurance policy, but insurance policies have deductibles, monthly premiums and copays. Those costs will add up over the lifetime of your pet.
It is also worth considering the fact that not all pet insurance policies are the same. Consider your pet and it’s costs–for example a larger dog is going to cost significantly more to care for than a tiny cat. Given that information it may be worth taking out more coverage for the dog, while a cat owner may need a less comprehensive plan. Remember, pet insurance is not just for cats and dogs. You can find a pet insurance policy for most types of animals.
If you want to learn more about pet insurance, or get started on finding the right policy, we encourage you to reach out to the staff at TGS Insurance. TGS staff members are always willing to work with you to find the right policy for your life, and your budget. Visit www.tgsinsurance.com to learn more.