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Discussion Starter #1
Hi all,

I'm currently trying to work out costs for future dog so I can both budget and see if I can actually afford and have stumbled across the dilemma of pet insurance.

Now I absolutely believe in it, and 100% understand the pros. I don't completely understand how exactly the costs work what you get back, whether its more expensive then paying out of pocket (i.e. do the costs of the insurance itself outweigh the money you save on a regular basis) etc etc.

I also know there are accident covers, accident + illness, and also like the one that also can cover general visits.

I was just wondering if anyone could help me in the argument of whether its worth it? A likely breed I'm into is a miniature schnauzer, so if you could base the costs off that? Just also wondering, if pet insurance is best, what level of cover? Any clarifications on how premiums and things work as well would be appreciated aha.

Also please note I am Australian so please say what currency your talking (I can convert it myself) so I don't get confused.
 

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I work at an animal hospital and I think insurance is completely worth it! Yeah you have to pay monthly but if something big happens it is way worth it. We just had clients who adopted a dog from the shelter, the dog was only 8 months old, they got him insurance. A month later they came in with him cause he was acting weird, long story short these guys spent over $5,000 on their dog and insurance covered it all.
 

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We don't have it on our current dog but we WILL soon hopefully! But we also have a savings account for emergencies.


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We have had insurance on Samantha since we adopted her over seven years ago. I usually always get my premium back during the course of each year, and its good to know that just in case, there is that financial assistance available.
 

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Discussion Starter #6
I work at an animal hospital and I think insurance is completely worth it! Yeah you have to pay monthly but if something big happens it is way worth it. We just had clients who adopted a dog from the shelter, the dog was only 8 months old, they got him insurance. A month later they came in with him cause he was acting weird, long story short these guys spent over $5,000 on their dog and insurance covered it all.
Woah, covered all of it? I thought that even the best plans covered 80% at most ?
 

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We have had insurance on Samantha since we adopted her over seven years ago. I usually always get my premium back during the course of each year, and its good to know that just in case, there is that financial assistance available.
So you essentially get the money back? I'm just concerned about it going to waste is all. Is a premium what you pay monthly?
 

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So you essentially get the money back? I'm just concerned about it going to waste is all. Is a premium what you pay monthly?
I don't always recover 100% of it, but usually close. If you are very diligent about Vet & medical care, we are with Samantha, the policy pays for her wellness exam, most all of her inoculations, the majority of her flea and heartworm prevention medication, now throw in a couple of ear infections, and perhaps an injury of some sort, during the year, and you pretty quickly can rack up some major expenses. I will warn you, that as she gets older, the annual premium does increase. To help control that, I raised the deductible or the amount I pay before insurance kicks in during any insurance year. About four years ago, Samantha was very sick, wouldn't eat or drink, and our Vet referred us/her to a clinic so she could be seen by specialists. Insurance, that year, probably paid 3 or 4 times the annual premium, at least. Specialists are very very expensive, but for us worth every penny, as Samantha did recover and is very healthy today.
 

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Same kind of policy as for your medical....auto.....home owner's...life insurance, etc. A gamble. You should be able to get a 80% reimbursement policy for a young dog for $30-50 a month and it will go up as the dog ages every 2-3 years.
 
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