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Hey everyone! I’m trying to figure out if pet insurance is a good idea for my new puppy. I’ve seen so many different opinions online, and the costs seem pretty high. I’m hoping to get some real-world perspectives and maybe some numbers to help me decide if the monthly premiums are actually worth the potential payout down the road. What has been your experience?
I looked at it like this: if I pay $50 per month for pet insurance for the next 10 years, that’s $6,000 in premiums. Unless I expect to have vet bills exceeding that amount, and my plan covers a significant portion, it might not be the best financial move for regular care. However, the peace of mind for huge emergencies is another factor.
For me, it’s about the “what if.” I know that a major surgery, like a tumor removal that cost someone around $650, could easily jump into the thousands. If my insurance covers even 80% of a $5,000 emergency, my out-of-pocket cost is $1,000 instead of the full amount. That potential saving in a crisis is why I have it.
I’ve had two pets, and with my last one who lived to be 13, I paid around $40 a month for insurance for 8 years, totaling $3,840. He had one incident that cost $1,500, and my insurance reimbursed me $1,200 after my deductible. While I didn’t get more out than I paid in that case, the one time it helped made it feel worthwhile.
As a vet tech, I see many people who regret not having insurance. I’ve seen bills go over $10,000 for things like major surgeries or cancer treatment. While a $50 monthly premium might seem like a lot, it’s a small fraction of what some emergency bills can be, and I’ve seen people have to make heartbreaking decisions based purely on cost.
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