Protecting Your Pet's
What is Pet Insurance?
Pet insurance is a health care policy for your pet that reimburses you for certain medical expenses. It functions similarly to human health insurance but with a key difference: it typically operates on a reimbursement model.
You pay your veterinarian upfront for services, submit a claim to your insurance provider, and they pay you back a percentage of the eligible costs.
Premium
The monthly or annual cost you pay to keep the insurance policy active.
Deductible
The amount you must pay out-of-pocket for veterinary services before the insurance company begins to pay.
Reimbursement Rate
The percentage of the bill the insurance company pays after the deductible is met (commonly 70%, 80%, or 90%).