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Pet Health Insurance:
Pet health insurance, like medical insurance, pays for veterinary bills and medical expenses of pets. Pet insurance quotes has become a necessity since the fee of veterinarians is escalating by about 11% every year and has increased by about 60% from 2000to 2002. Although pet health insurance is very common in the European countries, in the United States only about 300,000 pets were insured in 2002. There are a number of insurance companies offering a variety of policies for pet's care. The coverage offered includes:
- Veterinarian fees
- Third party liability
- Compensation for accidental loss, death or theft
- Advertising and reward expenses when lost
- Kennel/cattery fees coverage when the pet is hospitalized
- Payment for holiday cancellation due to a pet's unexpected illness
Pet insurance quotes allow you to avail insurance on your breed of pet. Some insurance providers for pets also offer discounts if you have multiple pets. The actual insurance quotes for pets will vary from breed to breed, since some breeds are at higher risk due to genetics. Accidental death insurance is one of the types of pet insurance quotes that you can seek. This type of coverage will pay you the original price of the pet. Special coverage for pet health insurance is applicable for older animals, outdoor pets, indoor pets and specific breeds. It is a good idea to carefully understand what your insurance quote will cover. Expensive treatments frequently prescribed by veterinarians can end up with whopping bills. You must find out if the pet insurance quote covers preventative and routine care. It is necessary to compare insurance quotes for pet's health and compare not just the cost but also the benefits from the pet insurance policy.
Price of pet health insurance premium depends not only on the coverage required but also on the pet itself. Owners of exotic pets are charged a higher premium since they are more at risk to be stolen. Breeds that are susceptible to certain diseases or infections are also charged higher premiums than the rest. Age, location and previous medical history of the pets also influence the premium rate. Based on all these facts, a pet insurance premium can range from $99 to over $1000 per annum with deductibles ranging from $40 to $100 per ailment. The ailments covered by pet health insurance can be anything from an ear infection costing about $250 to cancer that costs about $10,000. An average per insurance quote pays 90% of the medical care for the pets and includes diagnostic tests, surgeries and medications. Many insurance policies have an upper age limit for the pets and do not cover pets over a certain age limit.
The most commonly insured pets are cats and dogs, but insurance policies for all varieties of pets are currently available. The annual premium for insuring a rabbit costs about $120. Again the cost of insuring a pet is not dependent on its role to its owner. Insuring a show pet, a guard dog, or a 'seeing eye' dog costs nearly the same. Insurance for pets is recognized and recommended by the veterinary medical community and the animal protection agencies. This is due to the fact that pet health insurance can play a role in reducing euthanasia and pet owners are not forced to put their pets to sleep just because they cannot afford its treatment.
More Pet Insurance Resources :
Pet Insurance Finder - Guide to finding pet insurance online.
More Specific Insurance Information
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