Pet Insurance Compared (Healthy Paws, Pet Plan, Trupanion)
As soon as we got our puppy, we decided to get pet insurance for him. Meet our little booger…
Pet health insurance differs a lot from human health insurance, from strict pre-existing condition clause to claims procedure. So I decided to take my time in choosing one.
The insurance comparisons in the insurance companies’ websites are one-sided and I don’t recommend relying on them to make your decision. I decided to go through the companies’ websites page by page. I diligently read their sample polices or terms and conditions, thank goodness they’re not that long! I compiled my questions and the answers I’ve obtained in a table to compare them. The pet insurance plan comparison table helped me a lot in my decision so I thought it could help others as well, albeit not comprehensive. I also created a blank comparison table for anyone to use as a starting point if comparing other pet insurance plans.
CHOOSING THE INSURANCE COMPANY
I narrowed down the insurance companies to three: the top two companies at www.petinsurancereview.com and one company that a lot of vets recommended. The three companies were Healthy Paws, Pet Plan and Trupanion.
Each company had a number of plans to choose from. To compare, I needed to choose one plan from each company.
- I obtained quotes from each insurance company using my puppy’s demographics.
- I looked for plans that had the same premium, give or take a few cents. If a company had more than one plan with the same premium, I chose the plan that had similar coverage to the other plans I was comparing. In this case, all three plans cover 90% and cost around $33.50 a month.
- I looked for answers on the companies’ websites and sample policies or terms and conditions. I emailed and called the companies for answers I couldn’t find online.
- I created a sample 3-year health scenario and entered the possible reimbursement amount from each company using the information I have gathered from them.
Content of this post and attached document are for informational purposes only and shall not be used as proof or support for any proceedings. Responsibility for the use of any and all information is strictly and solely that of the user. Accuracy is not guaranteed. “Covered” does not necessarily mean full coverage. For coverage details, terms, conditions, restrictions or any questions, contact the respective insurance company. Author is not affiliated with any of the insurance companies mentioned in this post.