Age of Your Pet
Generally price plans are based on a number of factors about your pet. The first is age. If you obtain pet insurance when you first get a young pet, your price will be lower than if you have an older pet. Generally, the older your pet is, the more pet insurance will cost. This is because older pets typically have more medical problems, so they are bound to require more care in terms of what the insurance will pay for.
Your Pet’s Breed and Type
Another factor is the breed or type of pet that you have. For the most part, cat payments are cheaper than dogs, because they are lower maintenance and don’t have to visit the vet as often. Some breeds are more likely to have certain problems or illnesses, so that is also taken into account when your rate is calculated. Another thing to consider with cats is whether the pet is indoors full time or if it goes outdoors. Cats living inside have far less of a chance of coming into contact with disease or being injured, and so their monthly premiums will be less than one for an outdoor cat.
Location, Location, Location
Finally, where you live is also something that you have to consider when looking into the price of pet insurance. Just like everything, pet insurance is more expensive in certain areas of the country. If you know that you are located in a place that has a high cost of living, you can expect the price for your pet insurance to be higher as well. For example, a major city such as New York City will have higher rates than small places in a state like Wyoming or Minnesota.
So, exactly how much money will you expect to pay per month? Taking everything into account, you can find pet insurance for a young cat for as low as $8 per month. However, most plans are a bit more, and you can expect to pay around $15-$30 a month for basic coverage for a cat, and slightly higher than that for a dog. Of course, depending on your circumstances, the price can be less or much more than that per month. In addition, you can choose to pay more per month to get more coverage. Some companies let you pay a lower premium, but only cover a smaller amount of your vet bills (for example, 50%). There are usually levels, so you can choose a plan that will pay 75%, 80%, or for a higher premium, 100% of your vet bills.
You may also be able to find discounts or save money in certain situations. For instance, if you own multiple pets and you have them insured through the same company, you may be able to get a multi-pet discount.
To help you decide which pet insurance provider is right for you and your best friend, we at TopPetInsurance.net have many pet insurance reviews available for your convenience. We encourage to check out our Embrace reviews and those of many other companies.