Pet Insurance

As the cost of health care rises across the board, pet health care costs are increasing as well. During your pet's recovery period, the last thing you need are more worries about your finances. Like health insurance for humans, pet insurance policies offer subsidized rates for the care of your pet. They also help cover the cost of veterinary care. But, unlike human health insurance policies, many people don't know what domestic animal health coverage is and what it can do for them. Let's go over what pet insurance can do for you.

<b>Benefits of Pet Insurance</b>

Benefits of Pet Insurance

The benefits of subscribing to a pet insurance policy far outweigh the costs for a few reasons.

Over the years, the cost of healthcare has increased. Unfortunately, this includes the cost of healthcare for pets as well. Economists attribute this rise to the increased cost of drugs and medical equipment across the board. This means veterinary care can be a financial strain for pet owners, and its price will continue to rise over the years. Without a plan to handle these increasing costs, pet owners may find themselves in difficult financial situations.

Current pet care policies make it difficult for vets to subsidize their costs, as there's no reimbursement for the medication vets use during treatment. Because of this, the cost of care trickles down to the client. These policies also deny vets ease of access to supplies, making it more expensive for your pet to receive the care it needs. Unless the government addresses these policies, the cost of healthcare for domestic animals will remain higher. In the meantime, the best option to protect yourself from higher costs is to get subsidies from an insurance policy.


Recently, the growing pet care market has gone corporate, raising veterinary costs even higher. Over the past few years, the number of corporation-owned clinics has grown by twenty percent. According to analysts, this number will only continue to rise, as vets at corporate clinics have less freedom over their pricing. If this trend continues, even simple procedures like ultrasounds will have excessive prices.

<b>Pet Insurance Features</b>

Pet Insurance Features

Raising domestic animals can be a challenge on many levels that insurance companies understand and prepare for. With the right pet insurance policy, most of your financial concerns will be addressed.

For instance, pet insurance can cover the cost of healthcare for your pet. With the right policy, your insurance will cover your pet if it goes missing or dies. If you're in the process of training your pet but are still having a few hiccups with their behavior, pet insurance is also a great option. Many policies can cover any harm done by your pet to individuals or other people's property.

Another overlooked pet care cost is overseas travel. When traveling overseas with a pet, many things can go wrong. Once you're already outside the country, your pet may fall ill or get injured. In these cases, pet insurance can cover their veterinary fees.

If you're unavailable to care for your pet due to an emergency, pet insurance policies can also cover cattery and kennel fees.

What does pet insurance do?

Pet insurance lowers your pet's expenses by getting subsidies on veterinary care. With a pet insurance policy, you can be reimbursed for your pet's health care expenses. This includes coverage for both injuries and illnesses. Pet insurance policies can also pay out if your pet is stolen, gets lost or dies.

What kinds of pets can be covered by pet insurance?

Pet insurance coverage extends to cats and dogs. However, if you're interested in covering a different kind of domestic animal, it's always a good idea to get in touch with an insurance representative so you can choose the right insurance policy.

Is it a good idea to have pet insurance?

Given the rising cost of veterinary care, pet insurance can be an excellent way to save on finances and help address your pet's health concerns affordably and reliably. With the right insurance policy, you'll have peace of mind that your pet will have access to healthcare regardless of the location and circumstances.


At Oxford Risk LLC, we're standing by and ready to help you navigate the best policies and coverage options. For a free pet insurance quote, contact us today to find out how you can save on rising veterinary costs and get a plan that works for you and your pet's needs.

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