Consumer Reports surveyed 2,000 pet parents to find out which providers they use and whether they are satisfied with them.
GREENSBORO, N.C. — We treat our pets like family members and spend billions of dollars each year on veterinary care. If you think pet insurance could save you money on routine checkups and emergencies, listen up. According to Consumer Reports, not all parents with pet insurance are satisfied, and there may be a better way to save on medical costs for your furry friend.
“Consumer Reports research reveals that pet owners are highly dissatisfied with their pet insurance coverage. More than 2,000 members in the survey found that the premiums they paid were significantly lower than their actual coverage. , shared their experience with pet insurance, which covers everything, right down to the claims process to get a refund.'' And overall, there was no real top. “Most results show that all insurers are in the middle of the pack,” said Brian Vines of Consumer Reports.
CR looked at survey data from eight pet insurance companies. On average, the total cost per pet was about $47 per month.
Six insurers received moderate overall satisfaction scores, while two received the lowest ratings.
So what can we do to save?
“Keep the money you spend on insurance premiums in a dedicated savings account. Insure yourself by putting money into a direct deposit, high-yield savings account each month so your fur baby can receive medical assistance. We can pull from there if we need to,” he said. Vines.
If you're having trouble paying for your pet's medical expenses, why not consider attending a veterinary school that offers discounts on everything from health checkups to spaying and neutering?
If your pet needs medication, shop around. You may find it cheaper to order medications online from places like Chewy, Petco, PetMeds, and Walmart Pet Pharmacy.
You can also try telehealth veterinary services like Bond Vet and Pawp for non-emergency care, according to Consumer Reports.
