DEBUNKING COMMON MYTHS ABOUT PET INSURANCE
September is National Pet Health Insurance Month, a time dedicated to raising awareness about the importance of pet insurance. This initiative is supported by veterinarians, shelters, rescues, pet owners, and insurance companies across Canada and the USA. Despite its benefits, pet insurance is often misunderstood and only about 2% of pet owners have an insurance policy for their pet.
Let’s debunk some common myths and highlight why pet insurance is a smart choice for your furry friends.
MYTH 1: PET INSURANCE IS TOO EXPENSIVE
Many pet owners believe that pet insurance is a luxury they can’t afford. However, the reality is that there are various plans available to suit different budgets. Basic coverage can be quite affordable (around $30 a month for a young dog), and when you consider the potential costs of emergency vet visits or surgeries, pet insurance can actually save you money in the long run. It’s about finding the right balance between coverage and cost.
MYTH 2: HEALTHY PETS DON’T NEED INSURANCE
It’s a common misconception that only sick or older pets need insurance. In truth, accidents and illnesses can happen to any pet at any time. Insuring your pet while they are young and healthy can ensure they are covered for unexpected events and can often result in lower premiums. Prevention is better than cure, and having insurance provides peace of mind.
MYTH 3: PET INSURANCE DOESN’T COVER ENOUGH
Some pet owners worry that pet insurance won’t cover the treatments their pets need. While coverage varies by plan, many policies cover a wide range of services, including emergency care, surgeries, cancer care, alternative medicine, and even some preventive care. It’s important to read the fine print and choose a plan that fits your pet’s specific needs. Comprehensive coverage is available; you just need to find the right plan.
MYTH 4: YOU CAN ONLY USE CERTAIN VETS
Unlike human health insurance, which often restricts you to a network of providers, most pet insurance plans allow you to visit any licensed veterinarian. This flexibility means you can continue seeing your trusted vet or choose the best specialist for your pet’s condition. This is a significant advantage, ensuring your pet gets the best possible care.
MYTH 5: CLAIMS ARE HARD TO GET APPROVED
Another common myth is that pet insurance claims are difficult to get approved. While the process can vary by provider, most companies have straightforward claims processes, typically with mobile apps for easy submissions. Keeping detailed records and understanding your policy can help ensure your claims are processed smoothly. Many veterinary hospitals will also help you with your claim by submitting forms or gathering needed invoices.
WHY PET INSURANCE MATTERS
Pet insurance provides a safety net that allows you to focus on your pet’s health without the added stress of financial concerns. It ensures that you can make decisions based on what’s best for your pet, not just what you can afford. By debunking these myths, we hope to encourage more pet owners to consider the benefits of pet insurance and provide their pets with the best possible care.
As we celebrate National Pet Health Insurance Month, take the time to explore your options and find a plan that works for you and your pet. Your furry friend deserves the best, and pet insurance can help you provide it. One place to start your research is the Pet Insurance Review, which allows you to review and compare all insurance companies at once.