Cheap Pet Insurance
Is cheap pet insurance really the way to go? A lot of people are looking for the cheapest dog insurance on the market. In my opinion, that is not the way to go. I say this for three reasons: First, your coverage is very limited. Second, cheap pet insurance usually means bad customer service. And third, claims will most likely be difficult to process in a timely matter if at all. Lets cover the three reasons in detail.
Limited Coverage
Buying the cheapest pet insurance can be the wrong move if the coverage you are looking for is not sufficient. For example, if your plan covers accidents only then you will be stuck with high bills when an illness occurs. The chances of your dog getting sick are significantly higher than getting hit by a car.
Questionable Customer Service
To me customer service is one of the top considerations. If I call customer service to ask specific questions about plan details or what if situations, I want quick and professional answers. If the answers are unclear or if there is a lot of putting me on hold that is a big red flag. A good rule of thumb is cheap insurance means low quality customer service. There are exceptions to the rule, but it is something to think about.
Claim Processing
If you read the Internet forums you will find countless horror stories about claims being rejected or delayed. Usually this happens when people fail to read the policy’s fine print. The cheap pet insurance plans usually contain numerous disclosures that buyers simply overlook. I can almost guarantee that the cheapest policies will have some pretty important information.
In conclusion, the cheapest pet insurance plans usually are not the way to go. Just make sure you read the fine print, ask the customer service department plenty of questions, and heed the adage, “you get what you pay for”.