Pet insurance: Buy it, or skip it?

Pet insurance: Buy it, or skip it?

Posted: Updated:
ATLANTA -

This year, Americans will spend about $14 billion on veterinary care for their pets.  But if you're spending that much money, should you buy pet insurance?  

FOX 5 I-Team reporter Dana Fowle tackled that question, and she found that it depends on what kind of pet owner you are.  Do you just cover the basics for your pet, like annual vaccinations?  Or, would you pay for your dog to have chemotherapy or radiation if it had cancer?  

Historically, pet insurance didn't offer much, but now there are more choices out there. Still, Fowle says you really have to do your homework.

The ASPCA says vet bills over a lifetime for a dog can average out to about $800 a year. Monthly pet insurance runs from $10 to about $50, and often there are deductibles.  Obviously, the more you pay the more you get, but you should know that those average yearly wellness checks aren't always covered.
 
An executive with Atlanta-based pet insurance company ProtectYourBubble.com told Fowle pet insurance isn't for everybody, but it is good for some.

Consumer Reports does not recommend dog insurance.  The argument is that you could put aside savings for emergencies.  But if you are that person who knows you'll go to great lengths to save the life of your dog,  then it might just be for you.  Either way, you should know if the plan you're getting covers older dogs, or if there are limitations on particular breeds.  You should also ask about pre-existing conditions, and whether or not there are discounts for multiple animals.

Pet insurance - Helpful links:


www.protectyourbubble.com

www.petinsurance.com

www.healthypawspetinsurance.com

www.gopetplan.com

www.VPIPetInsurance.com

www.PetInsurance.com

www.Petsbest.com

www.ASPCA.org

www.PurinaCare.com

www.Trupanion.com

www.Barfield.com

www.Unionplus.com/pets

www.PetAssure.com

www.tescobank.com

  • I-Team Story ArchiveMore>>

  • Patient: Hospice company failed me too

    Patient: Hospice company failed me too

    Wednesday, August 27 2014 10:37 PM EDT2014-08-28 02:37:56 GMT
    The state is now looking into a defunct hospice provider originally investigated by the Fox 5 I-Team.
    The state is now looking into a defunct hospice provider originally investigated by the Fox 5 I-Team.
  • Hidden fees in checking accounts: Who's transparent, who's not

    Hidden fees in checking accounts: Who's transparent, who's not

    Wednesday, August 27 2014 8:10 AM EDT2014-08-27 12:10:06 GMT
    We already know about some of the fees our banks charge -- the monthly fee, the overdraft charge, out-of-network and minimum balance fees. That's standard stuff. But did you know that the average checking account has 30 fees attached?
    We already know about some of the fees our banks charge -- the monthly fee, the overdraft charge, out-of-network and minimum balance fees. That's standard stuff. But did you know that the average checking account has 30 fees attached?
  • Controversial Hindu preacher found guilty

    Controversial Hindu preacher found guilty

    Monday, August 25 2014 4:19 PM EDT2014-08-25 20:19:49 GMT
    A federal jury in Atlanta returned a guilty verdict on all 34 counts against a ?controversial Hindu preacher?.
    A federal jury in Atlanta returned a guilty verdict on all 34 counts against a ?controversial Hindu preacher?.
  • Contact the FOX 5 I-Team

    * denotes required fields

    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thanks for contacting FOX 5.  To reach our newsroom by phone, please call (404) 898-0100.

  • Good Day ArchiveMore>>

  • Back to School Jamboree with Hosea Feed The Hungry

    Back to School Jamboree with Hosea Feed The Hungry

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

  • Good Day Atlanta

    From bean to cup: Inside Smyrna's Rev Coffee Roasters

    From bean to cup: Inside Smyrna's Rev Coffee Roasters

    Tuesday, September 2 2014 8:02 AM EDT2014-09-02 12:02:31 GMT
    If you're idea of a good cup of coffee is something strong from the old one-cup in your kitchen, it's time for a coffee education!
    If you're idea of a good cup of coffee is something strong from the old one-cup in your kitchen, it's time for a coffee education!
  • Nonprofit pairs shelter dogs with jail inmates

    Nonprofit pairs shelter dogs with jail inmates

    Monday, September 1 2014 1:24 PM EDT2014-09-01 17:24:57 GMT
    There is a program giving inmates and dogs a second chance. Canine Cellmates saves dogs from being euthanized and pairs them up with inmates at the Fulton County Jail.
    There is a program giving inmates and dogs a second chance. Canine Cellmates saves dogs from being euthanized and pairs them up with inmates at the Fulton County Jail.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices