4 min read
Save on pet insurance for your pet
You don't have to choose between your pet and your wallet when it comes to expensive vet visits. Prepare ahead of time for unexpected vet bills by finding the pawfect pet insurance.
In 2021, The American Pet Products Association reported that pet expenditures are expected to reach $102.6 billion, up almost 6% from 2020, in average pet-owning households. That number has been growing, as has the medical options available for our dogs and cats. Many veterinary clinics offer in-house imaging techniques, holistic and homeopathic care, physical rehabilitation, and many other medical innovations that can extend the life of our pets.
But even if you only opt for the usual check-ups and yearly vaccinations, accidents and unforeseen illness in our dogs and cats can happen. Pet medical bills aren’t cheap. Routine dental cleaning or treatment for cancer can range into the hundreds to thousands of dollars, money that most of us just don’t have on hand. So what can you do if you can’t afford to help your best friend when he needs it most?
Pet insurance and financing options have heard the call of pet parents everywhere, and offer many types of health policies and payment structures to ensure that your pet gets the medical care he deserves. For those of you who aren’t sure what is the right option for your needs, here is a breakdown of the pros and cons of pet insurance and pet care financing in the form of credit cards to help you make a more informed decision for your dog and cats' health.
Pet insurance comes in varying degrees of coverage that can sometimes be customized to suit your pet’s needs, at affordable costs. Looking at the details of a policy can help you to determine if it is the right fit for you. Policies are begun before any medical need occurs and are there for the what-ifs, so if you are in the vet office with a huge bill in your hand, and you didn’t already have a policy, it would be too late to be covered for those charges.
Pros - Why you should obtain pet insurance
Cons - Why you shouldn't obtain pet insurance
Pet Financing Through Credit Cards
Pet financing was once available through many veterinary clinics, but nowadays, clinics that offer repayment plans are few and far between. Credit cards can be a wonderful solution to pet care costs, and new cards specifically for pets in mind have recently begun to fulfill pet parent’s needs. Cards can be started before any medical need arises, much like insurance policies, but can also be applied for the moment care is needed. Many pet care credit cards can be given right in the veterinary office for care that is needed at a moment’s notice.
Pros - Why you should do pet financing
Cons - Why you shouldn't do pet financing
For today’s pet parents, the ability to pay for costly veterinary services can be a phone call away. Pet insurance can pay a considerable cost of conditions that qualify, so long as you thought ahead to insure your pet before the care was needed. A pet-specific credit card can cover all expenses, without exclusions, at a moment’s notice, but will not absorb any of the cost. Make a list of what you need in a financing solution, and use these pros and cons to help you decide what the best choice is for both your pet care needs and your bank account.
Looking for the best pet insurance for your dog or cat? Head over to our Wellness page to look at each of the top nationwide pet insurance and find the one best suited for your pet's needs!
Learn more in the Wag! app
© 2022 Wag Labs, Inc. All rights reserved.
Download the Wag! app
Download the Wag! app