The US leads with the highest pet ownership rate, at 80% (70 million dogs and 74 million cats). Unfortunately, health insurance rates are much lower, with only 3.9 million pets insured by 2021. The low pet insurance rate may be due to insufficient information on pet health insurance. Here is a helpful guide on what you need to know. Here is a guide to pet health insurance:
- Find out what is or isn’t covered in the policy.
- Timing is critical.
- Pet health insurance has limited regulation.
- The insurance focuses on reimbursements.
- Pick an insurance plan that covers most ailments.
Pet health insurance has several similarities to human health insurance. However, it also has some differences, which you need to know before enrolling your pet.
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