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As you probably guessed from this post's title, we had some vet bills that have made me seriously look into getting pet insurance.
First, let's start with the good news. After taking home our new kitten home we took him to the vet for a look-over and to get his rabies shop. He's in great shape and he was completely sweet with everyone in the office.
As we checked out I went ahead and made an appointment for our grumpy (but lovable) old cat. He needed a refill on his prescription. Since he gets really anxious and stressed out with the vet, he had to be sedated for the exam.
Should We Get Pet Insurance for Our Cat?
It looks like our big boy has even more reasons to be grumpy.
His blood work results revealed that he needs medication for his thyroid and his exam indicated that he has some arthritis in his hind legs.
For his thyroid, our options are:
- Pills ($25/month): Cheapest of all the options, but right now Cookie has a hard time sticking with his own food bowl.
- Ear-gel ($35/month): A bit more expensive, but this is actually a better fit for us as it would be easy to administer and keep away from the kitten.
- Diet (?): The vet also mentioned that if we can get our cat on a very strict diet, that may ease the problem. However he cannot deviate from the diet at all. Our kitten can eat any of his food. Right now we're still trying to get them to not raid each other's bowls, so we have to pass on this option at temporarily.
- Radiation($1,500): A one time fee to pay for treatment. I didn't hear much else that the vet said because this was way out of our budget.
He has also has some dental work that should be done soon, but the vet wants to get his thyroid issue under control before she gets the extraction done.
Based on his extraction last year, that will set us back by almost $200. As you can see, things are getting pretty pricey around here.
Our vet mentioned that while we can't get our older cat insured (drats!), we should look into getting a policy for our kitten.
Scouting Out Pet Insurance
Like we do with car and life insurance, it was time to shop around and see what deal we could get for pet insurance.
There are a few major companies, so I decided to visit their sites and see if I could get a quote from them.
- VPI Pet Insurance: Our vet suggested that we check this company out as the office has worked with VPI for a quite a bit. Insurance policies range from $12.20/month – $16/month. You can add routine visits for about an additional $12/month.
- 24PetWatch: When we adopted our kitten the shelter micro-chipped him using this company's services. It turns out they also offer pet insurance. They have 3 packages and it ranges from $16.95/month to $23.95/month with a $100 deductible.
- Pet Care: J from Budgets are Sexy mentioned this company when he was looking at pet insurance quotes himself. They had the most policy package options from very basic to complete care coverage ranging from $9.95/month to $42.95/month.
After looking at the costs, I'm still on the fence.
Part of me wants to stash a bit of money in a high-interest savings account and only dip into it if we need it down the road.
The other part worries that Cookie may get similar health problems when he's older and it'll be taking a big chunk of our money.
The good news is that our older cat's problems have just recently surfaced. Up until last
Thoughts on Pet Insurance
I have to ask your advice on this – do you think pet insurance is a good deal or are we better off saving bit by bit now for future expenses?
Do you currently have pet insurance for your furry friends? If you do have insurance, who is it with and are you happy with their service?