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How Pet Insurance Saves You Money

By Colleen Williams
September 23, 2015 • 2 min. read
pet insurance
pet insurance


The most common question we get about pet insurance is, “will it save me money?” 

Veterinary care is expensive: as pet lifespans have increased, so has the cost of groundbreaking new procedures. If your dog or cat is seriously injured or develops a chronic illness, it can really strain your budget. Even the most responsible pet parents may not be prepared for emergency procedures like a foreign object removal, which can run upwards of $5,000.

Pet insurance saves you money by paying for your pet’s medical care—under a certain set of conditions. There are several pet insurance companies that provide coverage in the United States, making it important to do your research before selecting a policy. Some companies offer cheaper monthly payments but less comprehensive coverage, so it’s important to consider which is more important to you. Here’s how the best pet insurance can save you money.

Pet insurance covers unexpected costs.

Yorkshire Terrier puppy


Emergency veterinary care is the most expensive and also the most stressful. When your pet’s life is in danger the last thing on your mind should be money. The peace of mind pet insurance provides puts your focus where it should be—on your pet’s recovery.

Let’s break it down:

  • If you live New York and have a Yorkshire Terrier puppy, you’ll pay roughly $42/month for the best Healthy Paws policy available, 90% reimbursement with a $100 deductible.
  • $42/month x 12 months: $504 yearly for pet insurance
  • Surgery to remove foreign object: $3,500 for one surgery
  • Amount covered by pet insurance: $3,050 after meeting deductible
  • Amount paid by pet parent: $450 not covered by pet insurance

The math speaks for itself; even with the highest monthly premium one emergency makes the policy more than worth it.

Pet insurance means having peace of mind.

Labrador Retriever

Wilson the chocolate Lab. (Ally Siebenmann)

It’s usually the thriftiest and most fiscally responsible pet parents who protect their pets. The experienced know that pet parenthood is anything but predictable. Just ask Wilson’s mom, Ally Siebenmann. “When we decided to get a Lab puppy, we knew we had to get pet insurance,” she said. “We knew that labs had a tendency to eat things they aren’t supposed to, and we also just wanted the peace of mind knowing that we wouldn’t have to make any difficult decisions when it came to his health and well-being.” Sure enough, Wilson—now a handsome teenager—has eaten multiple foreign objects, including a Wilson-brand tennis ball.

For certain types of pet parents, budgeting for pricey procedures is difficult, if not impossible. College students are one group on a shoestring budget for whom pet insurance can be a lifesaver. “If we had not had pet insurance, I’m not sure what we would have done,” Ally says. “Our bill was over $3,500! Wilson’s daddy is a PhD student and I work for the university as well, so we don’t have a lot of disposable income.”

If you’re ready to explore pet insurance policies for your furry family members, start by getting a free quote from Healthy Paws.

colleen williams
By Colleen Williams

Over the past decade, Colleen has written about health, wellness, beauty, and even pets for The New York Times, The Cut, Refinery29, xoVain, Healthy Paws Pet Insurance, and Seattle Met Magazine, as well as many beauty brands. She has a BFA in Art History from the University of New Mexico and an AAS in Fashion Design from Parsons School of Design in New York.

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