5 Time Saving Tips For Choosing A Pet Insurance Policy

If you’re like me, you’re always shopping for the best deal. From wireless plans to cable packages to car repairs, it’s all about the right price and the right features. And while the lowest sticker price is always the first thing to catch my eye, I’ve learned the hard way that it’s important to scratch below the surface because what you see ain’t always what you get.  Yes, that dread fine print means we should all do our homework when it comes to any big ticket purchase or long term commitment and that includes insurances. Not just car, home and life, but also when we’re thinking about insurance for our pets.

Related: Dog Insurance Rates: What You Need To Know Before You Buy

While we’ve all heard the horror stories of pet parents who have paid premiums for years and then been declined when it finally comes time to put in a claim, it’s likely because they didn’t take the time to read up on what was (and wasn’t) covered under their plan. So before you sign on the dotted line, here are some tips to consider when choosing a policy:

  • Decide what type of coverage you need for Rover. Don’t under-purchase, but don’t over-purchase. Does he really need overseas coverage or third-party liability?
  • Take a look at the veterinary fee levels. Are they in line with what you would pay at your local vet clinic or would you need to pull out the plastic to cover the shortfall?
  • Watch for co-insurance elements on the policy which can require you to ensure your pet up to a minimum level.
  • Understand how your premiums will be calculated? Type of coverage will naturally factor into it but not all insurance providers use the same formula to determine your premium. Criteria will typically include the type, breed and age of your pet as well as if he has been micro-chipped. Additionally, your zip or postal code will make a difference as vet fees are usually higher in urban versus rural areas.
  • Read the fine print.
    • Are there time restraints of any type?
    • Does coverage include consultations, examinations and tests?
    • Does your pet’s lineage indicate he may be in need of physiotherapy down the line? Make sure it’s covered.
    • If your vet puts your pet on a special diet to deal with a condition, can the food be claimed on your policy?
    • Accidental damage? If your pet is like a bull in a china shop, do you need to ensure you have coverage should he cause damage to a neighbor’s property?
    • Though we all know our good buddies are irreplaceable, if your pooch has a pedigree, do you need your policy to cover his market value should he pass away from illness or accident.

Related: Pet Insurance: Why I Think It’s Worth It, No Matter The Cost

Let’s face it, none of us can afford to shell out hard earned bucks on a service that doesn’t match our needs and by now you’re probably starting to feel intimidated by all the options. Don’t be.

Just one more reason to love the Internet is that there are sites that will do the work by comparing pet insurance policies and prices for you. One such site is PetInsuranceQuotes.com, which has set up shop in the U.S. and happens to be the only licensed pet insurance agency on the market. Think of it like shopping around for the best car insurance rates, but with PetInsuranceQuotes.com, they understand this specialized type of insurance, the coverage options available and can get you a list of plan and quotes in the blink of an eye.

The site is free to use (yay!), it taps into the plans offered by all the top insurance companies, and claims to be able to save you up to 25 percent simply by comparing plans and essentially helping you with your homework.

If you have pet insurance, how did you decide on a policy? Did you go to a slew of different sites to find the right policy, did a friend refer you or did you try a comparison site? Share your experiences in the comment section below.

Mary SimpsonMary Simpson is a writer and communications professional from Port Credit, Ontario.  A soft touch for anything stray, she shares her century home with an eclectic collection of rescues that include orange tabby Chico, tuxedo Simon, and jet black Owen.  She enjoys running, politics, exploring the wine regions of Niagara and is an avid supporter of the “shop local” movement.


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