Is Pet Insurance Right for You?
* Check out our new page on pet insurance myths & rumors.
Veterinary medicine is becoming more and more sophisticated – and expensive. You don’t want to make your pet’s healthcare decisions based upon what you can afford. Pet insurance can be a cost-effective alternative, but how do you know if it’s right for your pet family? Here are a few alternatives to pet insurance you may have considered.
Emergency Savings Account
Having a general emergency savings account is a great financial option. The risk with an emergency savings plan is you have to have the discipline to consistently put money into it. Unless you are extremely fiscally responsible, it can be easy to miss a month here and there due to unforeseen costs or due to simple forgetfulness.
Short Term Financing
There are programs available to provide short-term loans for pet owners for emergency veterinary care. This can be a good short-term solution but is risky as a long term healthcare plan. Interest rates on these loans can skyrocket quickly and payments can become quite significant.
Ultimately, the choice of whether you should get pet insurance is yours and we here at Pet First Healthcare want to do all we can to help you find the right coverage once you make that decision. We have simplified our pet insurance by offering you coverage that is easy to understand and easy to use offering you the flexibility to choose the coverage that’s best for you.