Pet insurance claims to cover the cost of veterinarian visits, but many people are dissatisfied with the coverage, Consumer Reports found. Many people treat their pets like family members, spending billions of dollars a year on veterinary fees. But if you think pet insurance can save you money for regular checkups and emergencies, Consumer Reports has found there may be a better way to save money. Dog owner Paulina Vargas said she previously had pet insurance for other dogs she owned, but she decided not to in the case of Nigel and Bella. Ta. “For us, we decided it made more sense not to pay a monthly fee for pet insurance and paying out of pocket was the best option for us,” she said. >> Download the free Her WMUR app Get updates on the go: Apple | Google Play << Vargas is not alone. A Consumer Reports survey found that pet owners are highly dissatisfied with their pet insurance coverage. ” In our survey, more than 2,000 members shared their pet insurance experiences with everything from the actual coverage to the premiums they paid and the claims process for getting a refund. '' said Brian Vines of Consumer Reports. "Overall, there was no true leader. In fact, most results showed that all the insurers were in the middle of the pack."Consumer Reports found that eight pet insurance companies We examined survey data. On average, the total cost per pet was about $47 per month. Six insurers had medium overall satisfaction scores, and two had the lowest ratings. So what can you do to save money? Consumer Reports recommends putting the money you plan to use toward your insurance premiums into a dedicated savings account. "Be self-insured by setting aside money each month in a direct deposit, high-yield savings account that you can withdraw when your fur baby needs money." Paying for your pet's medical bills If you're having a hard time, consider a trip to a veterinary school, which may offer discounts on everything from checkups to spaying/neutering. Also, if your pet needs medication, shop around. You may find it cheaper to order your medications online from places like Chewy, Petco, PetMeds, and Walmart Pet Pharmacy. You can also try telemedicine veterinary services for non-emergency care, according to Consumer Reports.
Pet insurance claims to cover the cost of veterinarian visits, but many people are dissatisfied with the coverage, Consumer Reports found.
Many people treat their pets like family members and spend billions of dollars annually on veterinary care. But if you think pet insurance can save you money on routine checkups and emergencies, there may be a better way to save money, Consumer Reports found.
Dog owner Paulina Vargas had previously purchased pet insurance for her other dogs, but decided against purchasing Nigel and Bella.
“We decided it made more sense not to pay a monthly fee for pet insurance and that paying out of pocket was the best option,” she said.
>> Download the free WMUR app and get updates on the go: Apple | Google Play <
Vargas is not alone. A Consumer Reports survey found that pet owners are highly dissatisfied with their pet insurance coverage.
Brian Vines of Consumer Reports said, “Our research shows that more than 2,000 members are looking for pet insurance that covers everything from the actual coverage to the premiums they paid and how to make a claim for a refund.'' shared their experiences.” “And overall, there was no real top. In fact, most results showed that the insurers were all about in the middle.”
Consumer Reports examined survey data on 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 be done to save? Consumer Reports recommends putting the money that goes toward your insurance premium into a dedicated savings account.
“Be self-insured by setting aside money each month in a high-yield savings account with direct deposit in case your fur baby needs medical assistance,” says Vines.
If you're having trouble paying for your pet's medical expenses, why not consider attending veterinary school, which may offer discounts on everything from health checkups to spaying/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.
Consumer Reports says you can also try telemedicine veterinarian services for non-emergency care.
