Most pet owners want to provide adequate protection for their pets, while at the same time needing to fit premiums for pet insurance into often tight budgets. While cost is subsequently of importance, there are other factors to consider and compare when choosing pet insurance – here are some of them.
Age Restrictions – Some companies do not insure pets under the age of one year to allow potentially inherited conditions to manifest, while others will not insure older pets due to the increased risk of recurring and new conditions.
Breed - Companies may deny applications if a particular breed is known to develop certain conditions or behaviour patterns likely to cause frequent claims. This includes, for instance, larger breeds of dogs prone to developing hip dyspepsia; breeds known to develop aggressive tendencies and – to name but one breed – Shar Pei’s, which are known to often develop a variety of health issues.
Cover Type - Different companies offer different plans, from emergency cover only to routine tests/ treatments, vaccinations and/ or surgery like neutering/ spaying an animal. Naturally, premiums will vary depending on the required cover.
Claims - How companies pay out in the event of a claim also varies. Some offer flat fees, some only pay a percentage of the incurred cost and some work only with specific vets. Most have a certain deductible (or excess) owners have to pay before payments are made, and there are often limits on the amount of claims that can be made in any 12 month-period.