Cheryl > wrote in news:[email protected]
> On Sun 10 Dec 2006 07:30:08p, msflyingpiggy wrote in
>> I am new at owning cats. I've read some brochure about animal
>> insurance. Is it necessary to buy them for your pets? or it is
>> something that you can do without...and just pay as you visit
>> the vet?
> My experience as a pet caretaker for cats with health problems
> before having insurance, and after, is that I dropped the insurance
> after my first chance for a pay-out.
> In a period of about 3 years, I spent over $5,000 on two cats
> without insurance. When they both passed away, I had all young
> cats. I thought it would be worth it to insure my the one who
> already had health problems, but his pre-existing conditions
> (allergies) wouldn't be covered. He had an injury from one of my
> other cats (a torn eye with an infection, just during play) and out
> of about $150 worth of meds, vet visits, and tests, the insurance
> paid about $15. (US) That told me that the premiums would never
> be worth more than just putting the money into a bank account.
> I think the best insurance policy is to create a bank account that
> is just for emergency or serious care. Don't use it for routine
> visits, and deposit at least $20 per month if you can afford to.
I completely agree with you. I started with VPI and also didn't bother
to submit the first bill, thinking that if the vet I used at the time was
incorrect, the cat would have a pre-existing condition that might
preclude other coverage.
At first it looks great because it covers a once a year checkup and blood
test. After you see what the animal has to go through for a blood test,
it's the last time you'll ever think of doing it once a year.
You're better off putting that money in a fund (approx $400?) for the
animal each year and spending it as necessary.