The need for pet insurance is a common consideration for cat and dog owners, particularly those with indoor pets. If your furry best friend does not leave the home, do you really need to insure them?
The truth is, there are a lot more reasons to insure a pet than just the accidents associated with the outdoors. So, let’s have a look at the different perspectives.
The Health Risks For Indoor Pets
It is a common misconception that indoor pets are less likely to experience health issues. However, some of the health issues can actually stem from their indoor lifestyle. For example, indoor cats are prone to obesity, since they have limited exercise. This can also lead to diabetes and joint problems as they get older.
Similarly, dogs that are primarily kept at home and stay on their own for them majority of the day can often suffer with behaviour or stress-related issues. Both cats and dogs could also get health problems completely unrelated to their environment either, such as dental diseases, digestion issues, or even cancer.
Therefore, regardless of their environment, our four-legged family members can experience sudden illnesses that also lead to unexpected expenses. This is also where pet owners sometimes are forced to make difficult financial decisions.
Financial Considerations About Insurances For Indoor Pets
Whether or not you need pet insurance primarily depends on your own financial situation. Owning a cat or a dog is by no means cheap, especially when you account for routine check-ups, vaccinations, and any other minor treatments that add up over time.
However, the more severe health issues or surgeries can result in bills amounting to hundreds, if not thousands. If you do not have an emergency fund for those situations, then a pet insurance will offer you financial security and a peace of mind in the worst-case scenario.
Choosing A Pet Insurance
There are endless options for pet insurance available, each offering different coverage plans and amounts. Below are some of the main factors that you can use to compare insurances for indoor pets:
- Coverage: Make sure you understand what the insurance policy covers. Basic plans will typically only cover accidents and illnesses, while others may include preventive care and dental treatments.
- Limitations: Be aware of any limitations and exclusions in the small print of the insurance plan. For example, it may be an age limit or an exclusion of certain breeds that are prone to specific health problems.
- Reimbursement: Before choosing your insurance, find out how the reimbursement process works (i.e. how long it usually takes and whether you have to pay upfront too). Choose a policy that fits your financial situation.
- Customer reviews: Always read the reviews to gauge how reliable and trustworthy the insurance provider is.
Final Word
In conclusion, as pet owners, we are responsible for the wellbeing and health of our dogs and cats. Just like humans, animals can have unexpected accidents or health issues even in the safest of homes. So, if unforeseen veterinary costs are something that you are not financially prepared for, it may be smart to consider potential insurance options.
