Choosing The Right Insurer

Choosing The Right Insurer

When choosing the insurance company to provide your pet’s health insurance, there are a lot of factors to take into account.

The American Animal Hospital Association (AAHA), which has been serving to aid pets for over seventy years, created a set of criteria you should consider.  In these tough times, a sudden extra cost of emergency veterinary care can be very distressing, especially if it involves euthanasia.  The Association suggests that a policy with a high deductible is quite possibly your best option.

The criteria which follow have been suggested by the AAHA:

  1. Make sure that your chosen insurance provider’s policy has the AAHA Seal of Acceptance.
  2. Before discussing with a pet insurance company, seek advice from your local vet.  Find out if he or she recommends any particular company and if there are any conditions you should be aware of specific to your pet.
  3. Make enquiries with a minimum of three companies and try to create a side by side comparison table.  Remember to mention any conditions which your veterinarian informed you of before.
  4. It is important to take every part of a policy into account before you make a final decision.  Look over everything from the deductible, genetic diseases, any limits which are imposed annually or otherwise, to exclusion of any condition and anything else your veterinarian explains to you.  Here is a quick check list which you can use when comparing:
    1. What are the co pay requirements?
    2. How much is the deductible, and is it flexible?
    3. Is there a limit for each incident?
    4. Is there a limit per year?
    5. How does your pet’s age affect the policy?
    6. Is there a limit during the lifetime of your pet?
    7. Are conditions and diseases which are genetic or inherited covered?
    8. Are conditions which existed prior to joining the policy covered?