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Originally Posted by guliverandmaya  I hope so!
I have decided to take pet insurance! I rather spend $60 a month then $500 per visit!! |
Be carefull I just checked out the insurer the SPCA recommends and on many levels of insurance the plan doesn't cover pre existing conditions. You want to make sure you get pre existing covered. $60 a month is a lot - I remember now why I self insure my four animals.
Okay with one it is more manageable of course, but my option is to to buy CSB's Canada Savings Bonds. Now before I bought my first dog I did preplan and had saved up through the bonds $2500, each year another $500 goes into the bonds. I do obviously pay up front for the vet visits. And then for special things, I decide do I cash in a bond, or do I put on a charge card?
As our dogs age, the likelihood is more expensive vet care. Hopefully by the time we get there our emergency fund will be built up. Presently we have a pretty healthy balance of $10K.
I think with one dog, maybe the $60 a month is not a bad investment, as long as claims history doesn't give them the right to "drop" you as a customer.
I would want to see the full policy details prior to signing anything.