Pet Insurance 101 – How It Works

Are you considering pet insurance and not sure exactly how it all works? Pet insurance can be very confusing and there is a lot to know about before making a decision. We know that you want to keep your pet happy and healthy without having to visit vet, which might hurt your wallet. However, in most cases you cannot avoid a visit to the vet, and in those cases pet insurance becomes invaluable. This guide will hopefully get you on the track to understanding what exactly the pet insurance process is like!

Different Companies Have Different Policies

The first thing we should discuss is how different companies have very different policies. Now, in this article, we are not going to go into the differences between the policies, we have plenty of reviews on the different companies in the internet, but we will instead go into what a lot of them have in common. You should just be aware of what you need to look in an insurance plan to understand what you are getting into! That being said, let’s look at some common terms that you will need to know.


Typically insurance companies will have an annual deductible. A deductible is an amount of money that must be paid before the insurance company will reimburse you. So, say you have a $100 annual deductible, you must pay that out from your pocket, after that is paid you will be reimbursed to your full amount for your claims for the rest of the year.


Reimbursement is how much money you will be getting back from the insurance company on your veterinary bills. Each company is different and have different plans determining how much reimbursement you will receive. It is not uncommon to have reimbursement amounts be between 60% and a full 100%.

Coverage Caps/Limits

You should be aware of what are called caps or limits on any plan you are considering enrolling in. A coverage cap is an annual amount that you can be covered for. If you go over that limit you will most likely have to pay the extra costs completely out of pocket. Some plans do not have caps, while others have a reasonable cap. As always, read your plan that you are signing up for and make sure you are getting the plan suited for you and your animal.


When you take your animal to a veterinarian you will need to fill out a claim form with whoever you are enrolled with. The claim form is a simple form about your vet visit and the bills. Once you make a claim they will move to the reimbursement process, depending on the company, you will be reimbursed within a few days.

Who To Choose For Insurance

It can be very confusing while choosing the right insurance for your pets. However, it is extremely important to analyze and compare the available plans. There are reputed websites like which helps you in comparing pet insurance, before you get a quote. Make use of this facility and compare all the good plans before choosing one.

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