Pet insurance: Buy it, or skip it? - DC News FOX 5 DC WTTG

Pet insurance: Buy it, or skip it?

Posted: Updated:
ATLANTA -

This year, Americans will spend about $14 billion on veterinary care for their pets.  But if you're spending that much money, should you buy pet insurance?  

FOX 5 I-Team reporter Dana Fowle tackled that question, and she found that it depends on what kind of pet owner you are.  Do you just cover the basics for your pet, like annual vaccinations?  Or, would you pay for your dog to have chemotherapy or radiation if it had cancer?  

Historically, pet insurance didn't offer much, but now there are more choices out there. Still, Fowle says you really have to do your homework.

The ASPCA says vet bills over a lifetime for a dog can average out to about $800 a year. Monthly pet insurance runs from $10 to about $50, and often there are deductibles.  Obviously, the more you pay the more you get, but you should know that those average yearly wellness checks aren't always covered.
 
An executive with Atlanta-based pet insurance company ProtectYourBubble.com told Fowle pet insurance isn't for everybody, but it is good for some.

Consumer Reports does not recommend dog insurance.  The argument is that you could put aside savings for emergencies.  But if you are that person who knows you'll go to great lengths to save the life of your dog,  then it might just be for you.  Either way, you should know if the plan you're getting covers older dogs, or if there are limitations on particular breeds.  You should also ask about pre-existing conditions, and whether or not there are discounts for multiple animals.

Pet insurance - Helpful links:


www.protectyourbubble.com

www.petinsurance.com

www.healthypawspetinsurance.com

www.gopetplan.com

www.VPIPetInsurance.com

www.PetInsurance.com

www.Petsbest.com

www.ASPCA.org

www.PurinaCare.com

www.Trupanion.com

www.Barfield.com

www.Unionplus.com/pets

www.PetAssure.com

www.tescobank.com

  • I-Team Story ArchiveMore>>

  • Fox 5 I-Team

    Cheap vs. Frugal

    Cheap vs. Frugal

    Wednesday, April 23 2014 9:15 AM EDT2014-04-23 13:15:25 GMT
    There is nothing wrong with saving a buck, but can you cross the line? There is a difference between being cheap and being frugal.
    There is nothing wrong with saving a buck, but can you cross the line? There is a difference between being cheap and being frugal.
  • Fox 5 I-Team

    Save on Vacation

    Save on Vacation

    Monday, April 21 2014 9:56 AM EDT2014-04-21 13:56:05 GMT
    Thinking about vacation is a lot of fun. Thinking about what it'll cost you is not so fun. Here are some ideas for cutting costs.
    Thinking about vacation is a lot of fun. Thinking about what it'll cost you is not so fun. Here are some ideas for cutting costs.
  • Get Financially Fit: A Step-By-Step Plan

    Get Financially Fit: A Step-By-Step Plan

    Monday, April 14 2014 9:15 AM EDT2014-04-14 13:15:13 GMT
    April is Financial Literacy Month, so it's time to think about getting financially fit.  Let's start with two questions. Do you know how much you spend each month?  How much of your check should you save?
    April is Financial Literacy Month, so it's time to think about getting financially fit.  Let's start with two questions:  Do you know how much you spend each month?  How much of your check should you save?
  • Contact the FOX 5 I-Team

    * denotes required fields

    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thanks for contacting FOX 5.  To reach our newsroom by phone, please call (404) 898-0100.

  • Good Day ArchiveMore>>

  • Hidden Treasures: April 24

    Hidden Treasures: April 24

    Thursday, April 24 2014 9:32 AM EDT2014-04-24 13:32:15 GMT
    We asked you to share your hidden treasures with us, and boy, did you ever! We got dozens of emails from viewers who wanted to know what the items they had stashed away are worth.
    We asked you to share your hidden treasures with us, and boy, did you ever! We got dozens of emails from viewers who wanted to know what the items they had stashed away are worth.
  • Weekend Event Celebrates "Anything With A Motor In It"

    Weekend Event Celebrates "Anything With A Motor In It"

    Thursday, April 24 2014 9:10 AM EDT2014-04-24 13:10:13 GMT
    If you spend your days fixing up cars, reading car magazine, and dreaming about that car you've always wanted...you might be a car enthusiast.
    If you spend your days fixing up cars, reading car magazine, and dreaming about that car you've always wanted...you might be a car enthusiast.
  • Safely restrain pets with the PupSaver

    Safely restrain pets with the PupSaver

    Thursday, April 24 2014 8:07 AM EDT2014-04-24 12:07:29 GMT
    Most people treat their dogs just like their children. However, when it comes to dog safety in the vehicle, many drivers are buckling the children up but not safely restraining their pets.
    Most people treat their dogs just like their children. However, when it comes to dog safety in the vehicle, many drivers are buckling the children up but not safely restraining their pets.
Powered by WorldNow

WTTG FOX 5 & myfoxdc
5151 Wisconsin Ave. NW
Washington, DC 20016
Main Number: (202) 244-5151
Newsroom: (202) 895-3000
fox5tips@wttg.com

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices