How to compare cat insurance companies
Posted on January 10, 2011 under Pet Health & Safety
When choosing a cat insurance plan, it is important to ensure that you compare each part of the plan. Some companies may offer better rates, but they often lack in the coverage they provide.
Some companies have a per incident deductible. This is the amount of money that you will have to pay out of pocket before the cat insurance will begin coverage. Policies with lower per incident deductibles will usually have a higher monthly premium, and vice versa.
The next thing you will want to look at is whether the company has a per incident limit. This is the maximum amount the pet health insurance will cover per incident after the specified deductible is met.
The lifetime limit is the maximum amount the plan will cover for the lifetime of the pet. This is important to look at in the event that your pet becomes sick with an illness that will need treatment for the rest of the pet’s life.
Other services that plans may cover can include hereditary conditions, behavioral conditions, pregnancies, and even cremation. Other treatments can include acupuncture and chiropractic services.
When you compare pet insurance companies, you also want to consider how much of the actual bill they pay after the deductible. The amount a company pays can vary depending on the condition being treated. Pets Best Insurance covers 80% after the deductible, while some other companies operate on a benefit schedule or a “usual and customary fee schedule.”