If you’re considering buying pet insurance for your indoor cat, you have to consider the costs and benefits of the policy. A high-deductible plan will not cover pre-existing conditions, but it may be the most affordable option for you. Depending on your pet, you can choose a lower or unlimited plan. Your premium will also be affected by the amount of excess you pay up front. Most pet insurance policies have deductibles between $250 and $500.
Some policies will reimburse the cost of your cat’s medical expenses based on “usual and customary” charges. While this may seem a bit excessive, consider that your cat’s age is a factor when it comes to pet health. Older pets are often more prone to developing illnesses. Getting a sick cat can be a stressful experience, and pet insurance providers can help give you peace of mind.
Insurers will reimburse up to 90% of your pet’s veterinarian bills. The payout limit depends on the plan you choose, but most companies have no age limit and are flexible when it comes to deductibles. Cat insurance does not require annual or monthly payments. However, some companies charge monthly premiums and may not cover emergency situations. Therefore, it is best to shop around for the right insurance policy for your cat.
When looking for pet insurance, it’s important to remember that each plan offers different benefits. Some plans pay the vet directly, while others may limit the amount of their payments based on predetermined rates or even drop coverage if you make too many claims. Most plans reimburse some of your vet bills, but you’ll still have to pay the deductible. If you’re looking for an inexpensive plan, an accident-only policy is probably the best choice.