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With so much to do in the remaining weeks of December, many Americans may find themselves neglecting their financial health. But there is always important work to be done, no matter the time of year. For millions of pet owners, this can include bolstering their financial protection with a stable pet insurance politics.
In exchange for a minimum fee per supplier each month (often with discount if paid annually), owners can provide cover for a wide range of pet care. But, like all types of insurance, there are better ways to reduce costs and improve coverage than others. Owners considering a pet insurance plan in the new year would benefit from some smart moves now.
Start by getting a free pet insurance quote here to see if it’s worth it for you.
3 Smart Pet Insurance Moves to Make in 2024
Here are three smart pet insurance moves owners should make in the new year.
Apply early
While it’s common to think that pet insurance works like health insurance for humans, there are some distinct differences. For example, it will only become more expensive as the dog or cat ages and their health deteriorates. It will also be less helpful and comprehensive because pet insurance companies won’t cover preexisting conditions until they are completely healed. For these reasons, it makes sense to apply early when your pet is as young as it will ever be. In this way, you will improve your chances of securing cost-effective and comprehensive coverage.
But these are not the only reasons to apply early. By applying before you’re ready to file a claim, you’ll be better able to meet the mandatory waiting period all pet insurance companies establish before allowing coverage to take effect. If you wait until your pet is sick to apply, you probably won’t be approved for coverage when you need it most.
Learn more about applying for pet insurance here now.
Explore all types of policies
While pet insurance can be comprehensive, it can also be tailored to your pet’s specific needs, so be sure to research all types of policies before committing. There are accident-only plans that cover items such as broken bones and accidentally swallowed items (they also tend to be the cheapest). But there are also accident and illness plans that cover the above plus any illnesses your pet has to deal with. And then there are comprehensive plans that are in-depth and may even cover some surprising elementsdepending on the provider and policies you have chosen (such as dental, for example). However, you won’t know what’s best for you—and what the final cost will be—until you’ve explored all the potential types.
Talk to your vet
If you are happy with your vet and trust his insight, then ask them to help you when looking for insurance for your pet. Veterinarians are not only knowledgeable about your pet’s medical history, but also experienced with the entire breed.
Accordingly, they should be able to better explain what coverage you will need now and are likely to need in the future. By asking your veterinarian for help, you can better tailor any plan to your pet. This will ensure that you don’t have to pay for protections you don’t need and can’t use.
Get a free 30 second pet insurance quote here now.
The bottom row
The start of a new year is always a good time to review your personal finances—both for opportunities to improve what’s working and cut back on what isn’t. For many pet owners, one effective way to do this is by signing up for pet insurance. But they must adopt an intelligent and sensible approach. This includes applying early when their pet is still young and premiums are cheaper (and coverage is wider). It also means researching all types of pet insurance to improve your chances of securing the best for your furry friend—and it may include the expertise of your veterinarian. By making these three smart pet insurance moves, you’ll protect your pet — and your bank account — in 2024 and beyond.
Start here now!
