Do you need pet insurance?

Mar 17, 2022 at 06:31 am by FamilyPetHealth

When your pet gets sick or injured, the last thing you want to think about is how much their care will cost.

Pet insurance helps protect you from that financial burden associated with accidents, injuries and/or illness and makes sure you can focus on getting the best care possible for your furry companion. Whether your pet has several minor incidents or develops a serious medical condition like cancer, pet insurance shields your budget from unexpected, expensive veterinary costs.

Knowing that your pet’s health care is covered allows you to determine the best course of treatment based on what will be most effective for the health and happiness of your family cat and/or dog, not the size of your wallet.

With pet medical insurance, your furry friend will be taken care of.

How does pet insurance work?

Pet insurance pays for much or even all of the costs associated with covered treatment. Like insurance for humans, deductibles, copayments, premiums, and coverage can vary widely between the different pet policies and companies. The biggest difference between pet insurance and human insurance– You typically have to pay your veterinary bill in full and wait for the insurance company to reimburse you, although some pet insurance companies will now pay the veterinary hospital directly, which decreases your upfront out-of-pocket costs.


Deductibles are a common tool in both human and pet insurance plans to lower the cost of the monthly premium. An individual can select deductible options from $0 to up to $2,000. These deductibles can be on a per incident or per year basis. The client would be responsible for paying whatever the deductible amount is before the remaining insurance would apply. A higher deductible would carry a lower monthly premium. 


Similar to human health insurance, pet insurance plans regularly incorporate copays into their payment options. A copay represents the percentage of the total bill for which a client would be responsible for paying. Generally, insurance plans carry copays of 10%, 20% or 30%. The higher the copay percentage, the lower the monthly premium.


In every plan, a monthly premium is paid by the client to the insurance company as part of the contractual agreement for coverage. The premium is based upon the combination of deductibles, copays and coverage options. Many policies also factor in pet specific variables like age, size and breed of the pet. Modifying a single variable, like copay percentage, will affect the premium. The basic rule of thumb is a lower monthly premium payment will carry the possibility of higher out-of-pocket expenditures at the time of service.


Most pet insurance plans cover costs associated with accidents, injuries and illness. However, some insurance companies offer accident/injury only policies that do not cover expenses related to illnesses. These policies can be significantly less expensive as the chances of an accident are far less than risks associated with illness. No pet insurance covers pre-existing conditions. 

Wellness Care

Most insurance plans do not cover routine, standard wellness treatments. Items associated with the annual exam like vaccinations, flea/tick prevention, heartworm testing and prevention are generally excluded. In this way, pet insurance is similar to car insurance where routine maintenance like oil changes, tune ups and tire rotations are not covered. Some pet insurance policies do offer optional riders that can cover those routine treatments. These riders are “worth” it if you plan to do all of the covered services.

So what should you choose?

With so many options available, it’s no wonder that most consumers never make a final decision in choosing a plan. The sheer number of companies and policy options can just feel overwhelming. Fortunately, the reality is that there isn’t a “bad” or “wrong” option. ANY pet insurance is better than no pet insurance when it comes to a major medical expense. That having been said, there are three steps any interested consumer should implement when choosing a pet insurance option.

Seek recommendation from your veterinarian

As the pet insurance industry continues to grow at a rapid rate, your veterinarian has almost certainly had interactions with several companies. Based upon factors such as timeliness of reimbursement, ease of submitting records and cooperation from the insurance companies, most veterinarians have one or two companies with whom they work well and feel comfortable recommending. This recommendation will almost certainly be based upon customer service experiences and not related in any way to premium costs. 

Determine your budget

Before looking at copays, deductibles and coverages, determine how much you are prepared to spend on a monthly premium. A “standard” policy for a dog will be around $35-$45 a month and a “standard” policy for a cat will be about $25-$35. But a client can easily find quality coverage by adjusting the variables listed above. By assuming more risk and out-of-pocket costs, consumers can achieve significant savings on monthly premiums.

Compare “apples to apples”

Because there are so many options available, it is important that consumers ensure they are comparing policies on level playing fields. When obtaining quotes for pet insurance, use the same deductible, copay and annual limits for comparison. 

Individuals with more questions about pet insurance can call Family Pet Health at 615-907-8387.

About Family Pet Health, PLLC

Family Pet Health is located at 3307 Manchester Pike in Murfreesboro. The practice, owned by Dr. Amy Shirley and her husband Michael, is a small and exotics animal veterinary hospital. They provide a full range of veterinary services including exams and vaccinations, lab work and diagnostics, surgeries and referral services. All of their staff members are Fear Free certified and have undergone extensive training on recognizing signs of fear, anxiety and stress in their patients. Learn more at

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