Is Pet Insurance Worth It?
The honest answer: it depends. Here's how to figure out if it makes sense for you.
The Short Answer
Pet insurance is worth it if you can't comfortably afford a $3,000-$10,000 emergency vet bill and you have a breed with elevated health risks.
Let's Look at the Math
Common Treatment Costs
When Insurance IS Worth It
1You Have a High-Risk Breed
2You Can't Absorb a $5,000+ Bill
If an emergency surgery tomorrow would cause financial stress, insurance gives you peace of mind.
3You'd Choose Treatment Over Euthanasia
Insurance removes the impossible choice between your pet's health and your financial stability.
4You're Getting a Puppy
Insure early = no pre-existing conditions. Waiting periods finish before issues typically emerge.
When Insurance May NOT Be Worth It
You Have Significant Savings
$10,000+ in emergency funds? You might prefer to self-insure and come out ahead.
Low-Risk Mixed Breed
Mixed breeds are healthier. A medium-sized mutt has lower expected costs.
Senior with Pre-Existing Conditions
Existing issues won't be covered, and senior premiums are high. Consider a savings account instead.
Only Want Wellness Coverage
Wellness plans rarely pay for themselves. Pay out of pocket for routine care.
The Real Value of Pet Insurance
Insurance lets you say "yes" to treatment without hesitation.
When your vet says "we can do surgery, it's $6,000" — you don't have to calculate. That peace of mind has real value, even if you never file a claim.
Get Insurance If...
- • You have a purebred or high-risk breed
- • You're getting a puppy
- • A $5,000 bill would hurt financially
Skip It If...
- • You have substantial emergency savings
- • You have a healthy mixed breed
- • You're comfortable self-insuring
Ready to Find Coverage?
The right policy depends on your breed. Find specific recommendations for your pet.