Congratulations! You finally made the life changing decision to be a pet owner… Now what? In addition to food, treats, toys and the adorable pet clothes that will be worn once (only to be rejected by your furry family member), what else do you need to think about? Vet bills!
Top Factors to Consider; Financial Risk, Access to Care & Future Possibilities
During the COVID-19 pandemic, nearly one in three of Americans adopted a pet, but many owners decided to forgo Pet Insurance. Just like us, pets occasionally need urgent medical care when they get sick or injured in an accident. The cost of caring for your pet can run from a few hundred, to several thousands of dollars for prescriptions, emergency visits, scans, surgeries and more. These expenses add up and have the potential to seriously affect your finances. Here’s a general breakdown of unexpected surgery and treatment costs your pet may need at an emergency veterinary clinic, provided by Emergency Vets USA. These costs will range depending on where you live in the USA and how many vets are in your area.
The good news is – they don’t have to break your bank! Pet Insurance is an affordable way to make sure you have the coverage for your pet when you both need it most.
How does Pet Insurance Work?
Each month, a small amount of money is paid into an insurance policy available through a trusted insurance agency, along with other pet owners. If one of your pets unfortunately gets injured, in an accident, or becomes sick and needs emergency treatment, you may make a claim to your insurance company and they will reimburse you the eligible expenses. The benefit of insurance is that all pet owners pay a little so no owner pays a lot – saving everyone money!
What are the Benefits of Pet Insurance?
- Peace of mind
Peace of mind is priceless and so is having an insurance plan that is there for you and your pet when the unexpected happens. It is a wise financial decision so that if that accident or illness happens you don’t have to worry about funds for treatment and can focus on your pets recovery – not your wallets.
Pet Insurance has never been easier to purchase. You can get instant protection from the Goose Insurance app. Simply download the Goose app, answer a few questions and in less than a minute your pet is covered! Goose gives you the ability to choose from 2 different plans depending on your budget: ‘Accident Only’, or ‘Accident and Illness’ coverage. Most pet-owners choose the one that covers illnesses as well, though it’s slightly more expensive. According to the North American Pet Health Insurance Association, of the $2.1 billion spent on pet insurance in North America in 2020, just $8 million was for ‘accident-only’ policies. You can also insure multiple pets on one policy and receive a 5-10% discount.
- More treatment options
A Goose policy is built a little better than many others out there too, in that it can include coverage for cancer treatment, dental issues and even includes a ‘mortality benefit’ (like a mini-life insurance policy), if your pet passes away as a result of an injury or accident.
When should you buy insurance for your pet?
Just like any other insurance plan – when they’re healthy and young! While Goose can insure a pet up to the age of 15, most policies will not cover your pet’s pre-existing health conditions, so delaying your decision could mean the difference between a claim being covered or not.
There were an estimated 3.1 million pets insured in North America in 2020, and the number grows exponentially each year as people come to understand the value of pet insurance. Download the Goose App today to learn more, and get your furry family members protected!