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What Is Pet Insurance?

Veterinary care is becoming more sophisticated and more expensive. In fact, the costs of veterinary care have more than doubled over the past ten years. In light of these rising costs, pet health insurance offers valuable peace of mind. By covering their pets, pet owners can rest assured that they have the financial support they need to take care of their pets – and, in some cases, even save their lives.

Pet health insurance helps pet owners pay their veterinary bills by providing reimbursement for veterinary costs. Pets can be covered for accidents or illnesses, as well as wellness care, like vaccinations and annual check-ups.

The purpose of pet insurance is to mitigate the risk of incurring significant expense to treat ill or injured pets. As veterinary medicine is increasingly employing expensive medical techniques and drugs, and owners have higher expectations for their pets' health care and standard of living than previously, the market for pet insurance has increased.