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How Does Pet Insurance Work?

How Does Pet Insurance Work?

Have you ever wondered “How does pet insurance work?” If you have been confused by pet insurance, you’re not alone. There are at least 13 companies in North America which offer pet insurance and all differ slightly from one another. Plans vary within each company as well, with different levels of coverage, deductibles, and premiums.

There are 4 main parts of an insurance policy. Depending on the company, you can choose some or all of them. They are:

Currently the only exception is the Trupanion insurance company, which offers a software called Trupanion Express that allows vets to bill insurance directly. This is similar to how many human insurance companies work. Although new, this feature is very popular and may be used by other providers in time. However, when interviewing local veterinary practices, none had the soft software installed and all required payment when the services were rendered.

I hope this article has helped you understand how pet insurance works and whether pet insurance is worth the money.

Is Pet Insurance Right For You?

Can you afford a $1,000 vet bill? Medical care for pets, including emergency care, diagnostic tests and treatment options, is becoming increasingly more sophisticated and more expensive.

Did You Know? 4 out of 5 pets will have a medical emergency in their lifetime, and every six seconds a pet owner will face a veterinary bill of $1,000 or more.

Visit PetPartners and get a quote today to see if pet insurance is right for you.

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