I was looking at the high dollar claims that came in to Embrace today and here are a few that stood out:
$1,308.78 Patellar Luxation claim ($1,553.64 already claimed for this condition this year) in a 3 year old Golden Retriever
- $2,051.25 Congestive Heart Failure secondary to Hypertrophic Cardiomyopathy in an 8 year old mixed breed cat
- $1,636.24 Eyelid Mass Removal Left Eye in a 3 year old Doberman Pinscher
None of the people looking after these pets had any idea that they were going to be facing such high dollar claims for such young pets. Could that be you?
Since quite a few people question the cost of pet insurance, believing their pets will not have a claim, and certainly not a high dollar claim, I decided to do a quote for each of the pets above as if they had a $1,000 annual deductible - a much more affordable policy with still great coverage.
Here's the new Embrace Pet Insurance premium assuming $1,000 annual deductible, 20% copay, $10,000 maximum, and prescription drug coverage, all living in Cleveland OH:
- $12.42/month for the 3 year old Golden Retriever
- $7.08/month for the 8 year old mixed breed cat
- $15.64/month for the 3 year old Doberman Pinscher
BONUS: if you were adding these to another pet already insured, you'd save another 5% off the new pet's premium, PLUS another 5% off the other pet. For example, if the other pet is a Golden Retriever, the savings could add up to another $3 per month.
You'd practically be getting your high deductible pet for free!
The point is, for the cost of one lunch out per month, you could be protecting yourself from some pretty serious veterinary surprises.
Food for thought anyway.
