Understanding Pet Insurance: Coverage, Benefits, and Customization Options


Pet insurance reimburses pet owners for veterinary treatments of their insured pets, whether due to illness or injury. Coverage often includes partial or total reimbursement and can extend to instances where the pet dies, is lost, or stolen.

As veterinary medicine is increasingly employing expensive medical techniques and drugs, and owners have higher expectations for their pet’s health care and standard of living than previously, the insurance market for the pes has increased.


Customizing Your Coverage

Insurance companies for pets are beginning to offer the owner more ability to customize their coverage by allowing them to choose their own level of deductible or co-insurance. This allows the pet owner to control their monthly premium and choose the level of coverage that suits them the best.

Key Differences in Pet Insurance Coverage

Understanding the variations in insurance policies for your pet is crucial. Here are some key differences to consider:

  • Coverage for Congenital and Hereditary Conditions: Check whether  the policy covers congenital and hereditary conditions like hip dysplasia, heart defects, eye cataracts, or diabetes.
  • How the reimbursement is calculated: Based on the actual vet bill, a benefit schedule or usual and customary rates
  • Whether the deductible is on a per-incident or an annual basis?
  • Limits and Caps: Check for any limits or caps applied (per incident, per year, age or over the pet’s lifetime)
  • Annual Contracts and Pre-existing Conditions: Understand whether the policy includes an annual contract that determines anything diagnosed in the previous year of coverage is considered pre-existing the next year.

Why Choose To Insurance Your Pet?

Investing in pet insurance provides peace of mind and financial protection against unforeseen veterinary expenses. By selecting a policy that aligns with your financial situation and your pet’s health needs, you can ensure that your beloved companion receives the best possible care without the added stress of exorbitant costs. At Fairfax Veterinary Hospital, we accept all forms of pet insurance! Contact us to day to set an appointment or to learn more.