Pet health insurance is a modern addition to pet ownership. While pet health insurance may not be the answer for everyone, it is worth considering. Pet health insurance is a policy purchased by the pet owner that will lessen the overall costs if expensive veterinary bills are incurred by the pet(s). Typically, the insurance will cover, either in full or in part, the veterinary costs. It works similarly to human health insurance, but functions specifically for pets.

The cost of pet health insurance varies depending on factors such as indoor pet, outdoor pet, type of pet, age, previous health conditions, and if the pet participates in any special activity such as agility or sledding. The cost of insurance also depends on the amount of coverage you purchase. A small amount of coverage on a young, spayed female dog can average $7-$10 a month, a medium amount of coverage on the same dog can average $15-$20 a month, and a large amount of coverage on the same dog can average $30-$35 a month.

Some of the most popular pet insurance companies include:

ASPCA Pet Insurance

VPI Pet Insurance

Looking into pet health insurance can be overwhelming and difficult to choose the best plan for you and your pet. A helpful resource for researching the right company and policy for you is Pet Insurance Review. The site allows you to compare the rates and benefits of many different policies and companies.