I just spotted an article in CNN Money that includes a small piece on pet insurance.
Pet insurance. As medical treatment for animals has become more sophisticated in recent years, the cost has gone up, too. Pet insurance will take the sting out of a large veterinary bill, but is not inexpensive. The cheapest policies run about $10 per month, but more comprehensive policies can range up to $50 a month or more. That means that you could easily spend $4,000 to $5,000 on premiums over the life of your pet. The verdict? Consider it, especially if your pet is younger, when policies are cheaper.
For those of you who have spent more than several thousand on your pet, it's quite obvious, isn't it? Pet care can easily get very expensive very quickly.
Link: Armchair Millionaire: Navigating the wide world of insurance - Jul. 19, 2005.
