Pet Insurance is an insurance policy that is bought by a pet owner which lessons the entire cost of an expensive veterinary bill similar to health insurance.Pet insurance can cover, either the entirety or in part, the often costly veterinary procedures.A deductible is a common factor between a human health insurance policy and a pet insurance cover.

Facts: Pet Insurance Industry is said to be originated from Sweeden. The Cost of Pet Insurance Pet insurances help with annual costs and unwanted emergencies, a pet owner can buy a policy which will save some out-of-pocket expenses.Pet owners are said to also pay premiums either monthly or yearly for their pet as human health insurance is proceded.

However, there are factors that affect the cost of buying pet insurance and these factors are highlighted as follows;The coverage offered Type of pet insured Age of the animal The geographical location of the pet Associated indoor and outdoor risks The term or length of the policy The company which underwrites the insurance NAPHIA confirmed that an average of $516 is paid annually to buy pet insurance in the United States.Companies that offer insurances do not pay the full amount incurred by the insured pet but most pet insurance company offers up to 90% of the insurance coverage.Generally, the insurance premium of young pets paid outweighs the insurance companies cost of service but when an emergency comes through the cost of services outweighs the premium paid on pet insurance.

Apparently, there is a difference between animal insurance and pet insurance.  Animal insurance generally covers entirely the cost of health care, veterinary surgeries, medication, diagnostic tests, dental care, prescription foods, and supplements as well as hospitalization., check-ups, etc of all animals while the later is only filtered for pets.  Buying a pet insurance premium, is it worth it? Hypothetically, the Johnsons family adopted a new dog called Germain, a healthy adult therapy dog.It is vital to put these health facts into consideration for Germain; vet examination (cost about $100/yr) spayed or neutered (cost about $200)  blood work for typical disease ( $90 per test) vaccines ($150 first year and $100 subsequent years) In totality, about $550 would be an expected estimate of Germain the pet medical bill, should there be an emergency medication or operation that year resulting in an increment of Germains bill to let's say $934.The pet owner is likely to gain a pet insurance benefit on this first year because pet insurance premiums range from $250- $516 annually (using the US as an example).  In the Germains second year with the Johnsons, it is expected that the medical cost would be lower given that the annual check-up (up to $90), general blood work (up to $90) and second-year vaccines (around $100), totaling a sum of $280.

Whereas the insurance premium is set on an average cost of $516 per annum.  At this point in Germains year two with the Johnsons, would you still keep up with Germain's pet insurance plan?  What if you gave up the pet insurance cover and there seems to be an emergency (that comes with bills) and adds up cost e.g for instance instead of spending an annual fee of $280 and you spend $980 would you have regretted boycotting an insurance plan? These are common factors to consider before buying a pet insurance plan.Unfortunately, not everyone can have a pet insurance policy because what works for Tom may not work for Jerry, therefore always weigh your facts before applying for a pet insurance scheme.Comparison of various Pet Insurance Companies Below I have made a comparison of pet insurance companies using a table.

Find the best quote for your pet.   These pets insurance quotes give you an overview of what each pet insurance company can offer.Just compare each quote carefully before you apply for a quote.

Top 7 Pet Insurance Company I would be highlighting a list of companies that offers pet insurance and in latter time update of this post would include and individual pet insurance review (of companies).Figo pet insurance US (Cats and Dogs) Pet Plan UK (Dogs, Cats and Rabbit) Prudentpet US (Dogs and Cats) Nationwide, US  Trupanion US (Dogs and  Cats) Healthypaws US (Dogs and Cats) Embrace Pet Insurance (Dogs and Cats)