We get a lot of questions about pet insurance, but we’re always cautious about recommending pet insurance for pet owners. Pet insurance can be expensive, and with deductibles, exclusions, copays and, in some cases, shady insurers, it’s not always such a great deal. Still, if you do your homework, it can be a good tool for many pet owners who need help keeping up with their pets’ medical bills.
So today, we’re pointing you to a new pet insurance company for you to consider if you’ve been shopping around. Embrace Pet Insurance. What’s neat about Embrace Pet Insurance is that it allows you to customize your own pet insurance quote to fit your budget. For example, one of the best ways to keep your premium low but still provide maximum protection is to choose a policy with a high-deductible and a high annual maximum. So if you choose a $500 deductible with a $10,000 maximum, you have catastrophic pet insurance that won’t pay for the small incidents but is there to really protect you from the big stuff like an accident or major health condition. On the other hand, if you’re a student or a senior on a budget and you want to minimize your out-of-pocket costs then you can modify your pet insurance coverage to have a lower deductible and a lower co-pay.
As always, we strongly recommend that you do your homework with any pet insurance company, and particularly, get familiar with any exclusions that it won’t cover. We’ve gotten good good feedback on Embrace Pet Insurance from vets, but make sure to ask your own vet for his or her own recommendations.
Have you invested in pet insurance? Tell us about it!
Postscript: Elvis the Cat passed away in December 2011 at the ripe old age of 18. Without Elvis to supervise the blog, we considered discontinuing the Elvis the Cat series, but in the end, we decided that he would still enjoy the series named in his honor from the Great Beyond. So Elvis still approves this post!
- Elvis The Cat: Should We Regulate Pet Health Insurance?
- Elvis the Cat’s Link of the Day: Which Pet Health Insurance Policies Are Worth It? PetInsuranceReview.com
- Elvis the Cat Series: Dog Eats Beehive, Wins the Pet Insurance Hambone Award for Oddest Insurance Claim
- Elvis The Cat: Tips on Buying Pet Health Insurance
- Elvis the Cat: Is Pet Health Insurance Worth It? Consumer Reports Takes a Look