(Source: www.investopedia.com) Today's pet owners have the liberty of choosing from a wide range of coverage options for their furry friends health. These include both traditional insurance policies and alternatives like Pet Assure, which offers many of the same benefits while avoiding most drawbacks, earning it the position of best overall in our roundup of pet insurance plans.
Our Pet Assure review concluded that since the company isnt constrained by the limitations of insurance regulations, they can provide more flexible plans that arent subject to annual coverage limits, deductibles, or waiting periods. Plan benefits cover nearly all treatments related to accidents, illnesses, and preventive care, which isnt included in most standard insurance policies. Pets with pre-existing conditions that would typically be listed as exclusions will also find coverage with Pet Assure.
Instead of having to pay for veterinary costs out of pocket, Pet Assure members simply need to visit a participating veterinarian and present their membership information. This can be a drawback, as the Pet Assure network only consists of 5,600 providers; traditional pet insurers typically cover bills from any licensed vet. The plan also reimburses just 25% of veterinary costs compared to the 70% to 90% offered by standard policies, although Pet Assures low monthly cost of $12 is just a fraction of average insurance premiums.
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The pet insurance industry has boomed in recent years, and pet owners have never had more options to choose from.
To help you select the best coverage for your pet, we study and list the best pet insurance plans using a quantitative scoring system that evaluates the Veterinarians in the plan network, Policy offerings, Value, RX Coverage, Pricing, Customer service, and more.Â
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Investopedia did a good study to select the 9 Best Pet Insurance of 2020Â https://www.investopedia.com/best-pet-insurance
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