Pet Insurance: What it costs, what it covers, and how to find the best

[@ashleighwiersma1338]

Trupanion can actually directly pay the vet within minutes of the claim being submitted by the hospital... this means you don't have to pay upfront and wait to get reimbursed... you would just pay the co-pay amount at check out!!!! Huge game changer.

[@TheMoneyResolution]

That IS a game changer. Thanks for sharing Ashleigh!

[@lauras627]

Googling that company now!! I need pet insurance!

[@cheyennelivingston7863]

IT IS STILL SO EXPENSIVE 🥺 I have two dogs age 2 and 3 but it’s quoting me $300/month

[@TheMoneyResolution]

Hi Cheyenne, I just released an updated pet insurance video today that might be helpful :) kzbin.info/www/bejne/Z5OueGOqeaaKrpY

[@adrian3747_]

i didn’t know this. i have trupanion and i thought u have to pay the hospital first then file for the claim

[@shanemurphy1518]

I feel like this video should be recommended to all pet owners. We really did not think pet insurance would be beneficial for our 5-month-old puppy, but we decided to get healthy paws when he was around 13 weeks old. Just last week he had to go in for an MRI (Everything turned out just fine! It was precautionary for some weird behavior) But that was 3000 dollars for everything. We will be getting reimbursed and I could not be happier that we have that peace of mind.

[@TheMoneyResolution]

Wow, that's amazing Shane. Thanks for the compliment and thanks for sharing that story. Such a great example of the importance. Happy to hear your pup is safe and healthy!

[@magnumpi28]

Its sounds you put you pup through a lot for absolutely nothing. Change vets!

[@yuzu_yuju]

You were the only video that I actually understood! THANK YOU!

[@TheMoneyResolution]

That's great feedback. I really appreciate it. Glad it was helpful!

[@kawaii_cozy9869]

PetsBest! $67 a month for TWO puppers. One five year old mutt and one 7 month old siberian husky. 90/10, $250 deductible, unlimited, and loved the fact that they had a multiple dog discount AND a military discount!

[@TheMoneyResolution]

That is an awesome deal. Thank's for sharing!!

[@5tamika]

I went with them too!

[@daliguerrero8399]

what is the deductible? thats the only part i don’t understand

[@magnumpi28]

@@5tamika The all are notorious for not paying claims!

[@TheNicestAshley]

As a vet tech, I can not stress the importance of pet insurance! There is nothing more heart breaking than a fixable/manageable illness that is not treated because of funds. My own cat was diagnosed with a treatable BRAIN TUMOR and I was reimbursed $6000 just last year for her treatments!

[@TheMoneyResolution]

Thank you for sharing this Ashley! What a great story to illustrate the point. I'm glad it has a happy ending!

[@shivyram]

which insurance company do you use, if you don't mind?

[@TheNicestAshley]

@@shivyram Embrace!

[@danie4819]

how does the reimbursed works

[@Adileneee16]

Silly question but how does that work? You pay the 6k up front and then you got a partial amount back from the insurance?

[@Aubree-jj7oo]

Thank you so much! I was convinced to get a pet insurance after watching this video. Just with annual check with my cat cost me about $700 because she needed urinalysis, blood work, and dental cleaning. Nationwide do cover all of these!

[@TheMoneyResolution]

This made my day. Super glad it was helpful Michelle!!

[@Voltomess]

but it cost you $700 without insurance and what $500 with insurance?your savings are not even $200?

[@DanTheVeterinarian]

I get a lot of people wanting advice on pet insurance when they come into my vet clinic. Thanks for the video! I am always looking for good content for my owners.

[@TheMoneyResolution]

That's awesome Daniel! I super appreciate you watching and sharing!!

[@magnumpi28]

Tell them to run!

[@rissyroooh4315]

I have Trupanion with a $40 premium for my 6 month orange cat Liir. I have a $0 deductible, 90% coverage, and no cap. I also like that it’ll pay the vet directly instead of send me a reimbursement

[@pcrealty]

I searched the rates for 6 months - for a puppy - but we are covered for all plus wellness expenses at $65 a month - paying annually to save $$$

[@RASinger]

Great, comprehensive assessment of a quasi-complicated subject -- with a lot of considerations. I'm a businessman, and I'm of a mature age. Pet insurance can be pretty complicated with a) how many factors there are to consider; b) the large number of companies offering such; c) the animated, liiiittle bit tricky methods premiums and plans are offered; d) a little bit of a blind alley about what yours and your pet's future needs may be! Thanks for breaking this down a step at a time. There is no finite or perfect answer... but your assessment helped filter a lot of the noise. Thanks!

[@TheMoneyResolution]

I really appreciate that Rick. I made an updated video as well for 2021. I think this original one is probably better for information. I tried to cover questions people had from this video I couldn't cover in such a short amount of time in the new one. Glad it was helpful and you're right - it's complicated!

[@Raven78822]

Embrace pet insurance was so very good to me. If I ever get another pet I'm going with Embrace. They paid the max of the policy $5000, and they really were supportive during a very sad and stressful time. Select your policy carefully. I know what I was buying and what the limits were. I was paid out exactly what I expected.

[@Raven78822]

I paid $36 per month for $5k coverage with $300 yearly deductible for a 9 y/o dog with Embrace It covered accident or illness. Not well pet checkups. I'm paying $42 a month for $8,000 of coverage with the 500 deductible on a 1-year-old dog now. This is with Embrace also. I imagine a cat would have similar rates. Both plans are opted not to have well pet insurance cuz that's a lot more per month but when you need catastrophic insurance this company treated me so well before, during, and after my claim.

[@watchmanexpert]

Embrace cover dental also ??

[@marypham6491]

By the way, you did an excellent job! I had to read and search a lot to learned the stuffs you summed up in the video.

[@TheMoneyResolution]

Super glad it was helpful. I did a LOT of digging. I know how hard it is to make a decision. I was shocked how many different insurance companies there are!!

[@psachalajoie5184]

As a member of the Fetch by the Dodo team(previously Petplan), we agree that having Pet Insurance is a real-life saver!

[@TheMoneyResolution]

Get in touch and let’s do an updated Fetch video! I’m still a user :)

[@jboy1870]

Hi thanks for this wonderful & helpful video - it help me a tun as an international living in the US. We also just got a puppy and decised to put her on Fetch! Thanks again.

[@TheMoneyResolution]

Glad it was helpful!

[@mylifestyleprescription7956]

Thank you for this video. It was very helpful. I’ve been sort of paralyzed in my decision bc of information overload. My puppy is 1 year old and has thankfully been healthy for the most part since I got her at 5 months. I’ve paid out of pocket for some minor things ~$200 but I will heed your advice and get insurance now while she is heathy. I am someone that reads reviews and wants the most bang for my hard earned buck. You’ve earned a new subscriber!!!

[@elvisarreola3338]

Thank you for breaking it down and now i understand the whole reimbursement process.

[@TheMoneyResolution]

Super glad you found it helpful!

[@lailamoustafa7093]

Wonderful video! I adopted my dog last March and I am definitely getting him pet insurance so right now I am trying to decide which one. This video is helping me a lot. Thank you so much!

[@TheMoneyResolution]

Congrats!!!

[@breaniabest7555]

I think a lot of emphasis needs to be placed also on Care Credit along with pet insurance. Without it, you may have to make a life and death decision based on finances because you don’t have the money upfront to cover the bill.

[@TheMoneyResolution]

Great perspective. Thanks for sharing!

[@MRKOCAINN]

What’s Care Credit?

[@robert9461]

This is a good idea but you can specify any credit card to be used for your pet in case he or she needs it. You know you’re getting reimbursed from insurance so as long as you don’t use the card for other reasons you will be fine.

[@TheMoneyResolution]

⭐ Get PetPlan (affiliate - now called Fetch by the Dodo): www.pntrs.com/t/SENKR0hPTkxDSEpNTElIQ0dJTEhPSw | If you found the video useful consider subscribing: bit.ly/2P2h3BL

[@6ftChriss]

Can you make a video on how to use petplane and how to pay please

[@TheMoneyResolution]

I just put out an updated video about pet insurance with more about Pet Plan (and Pawp): kzbin.info/www/bejne/Z5OueGOqeaaKrpY

[@sandrabeck8788]

Leo is adorable! He’s smart for not going after the geese….

[@TheMoneyResolution]

Thanks! You're right!!

[@robert9461]

Our dog was insured from When he was only 6 months old. Our vet advised it because the dog liked to eat weird things. He later was diagnosed with diabetes. His medication was $450 per month - covered at 90%. Then he got cataracts from his diabetes. $7,500 surgery to restore his sight reimbursed at 90%. Then he needed his gall bladder out and was in intensive care hospital at $1,100 per day. Along with the surgery the bill was just under $22,000 reimbursed at 90%. Over the last year of his life, our boy was in and out of the hospital quite a bit. Thankfully insurance continued to pay. His premiums did go up from time to time. There is NO lifetime maximum and his deductible was only $100. We will not be without Healthy Paws the company never batted an eyelash at any bill and paid us within 7-10 days (faster once we started doing direct deposit).

[@magnumpi28]

I dont know of any dog meds 450 a month, whats teh name of it?

[@dunggg]

Great video, convinced me to get my puppy insured. Pets Best 31/month 250 deductible 80% reimbursement unlimited coverage, and vet exam fees are covered.

[@TheMoneyResolution]

That's awesome Dung. Super glad it helped. I think that's a great decision!

[@scaveets5272]

How is that plan? In terms of reimbursement how fast is pets best?

[@jlruiz7634]

Must be a smaller sized dog?

[@dunggg]

@@scaveets5272 I haven't used it yet. and I hope it stays like that.

[@dunggg]

@@jlruiz7634 chihuahua and german shepherd mix under 20lbs

[@fephoenix9208]

Thanks for the video on pet insurance I enjoyed how you broke down the info. Researching can get overwhelming. I recently adopted a 1 yr old domestic short-haired cat with a fluffy tail in my apartment complex. Found out upstairs niebhors dumped him. I've had him indoors since January.I will be purchasing pet insurance soon.

[@TheMoneyResolution]

So glad it helped - and best of luck with the 1 year old and the insurance hunt!

[@christinen5634]

Thank you for this super informative video. We went with Petplan based on their coverage of scans, thanks so much again for all the breakdowns!

[@TheMoneyResolution]

Awesome!! Super glad it helped!

[@moniquevandeplas5210]

Oh I also wanted to mention one more thing. I had a cat for 20 years. She basically cost me nothing until she was 18 and then it was 2 years of vet appointments but I was broke and didn't have insurance but what I was lucky enough to get was charity. At the time there were three charities here that would hold yard sales and basically take all the money they raised and put it towards people in need...and they trusted if you called them with need to help you. They worked alongside a vet clinic so one of the places was called Forgotten Felines and they asked me how much of a 900 dollar bill I could afford. I said nothing and they put 600 dollars straight to the vet office and told me to contact another charity and that one put 185 towards the vet bill as they were splitting money among two other people and I told them I had had help. They then told me of one more but that one had run out of funds.....and honestly I was able to scrounge the rest of the money from somewhere. I made it work. The point I am making here is there will be people without pet insurance but they should be aware if they call around to vet offices and animal shelters they might be able to find out about charities to help them in their time of need.

[@annblevins5454]

That sounds really great because I am in a spot now, first of all I had a sister to pass away a few months back and she wanted me to take her little dog Sara, Sara is a Pomeranian mix and is about 13 yes.old and she is having problems with her bows and kidneys, I live from paycheck to paycheck and can't afford to take her to a vet and they all have to have their money up front, now Sara is a precious little dog and I hate seeing her in pain but I'm kinda up a creek without a paddle, if anyone knows any good suggestions they would be deeply appreciated.

[@moniquevandeplas5210]

@@annblevins5454 I don't know if there is anything I can do for you as I don't have funds really either but maybe if you tell me the area you are in I can do some research and see if I can find anything about these kind of programs I mentioned for you?

[@johnnybritz9245]

This is the first video I've watched researching pet insurance.. thank you, I feel like this was a good start!!

[@TheMoneyResolution]

Glad it was helpful! I might make a 2021 update in a few months. People seem to have enjoyed this one but had a lot of great Q's. It was meant to just get your started so I'm glad it did that for you! Best of luck!

[@miaknig3130]

Ditto. I wanted insurance last year but accidentally signed up for Banfield optimum wellness. Its probably good for young dogs but I have a 14 yr old who may need more than they seem capable of. I had to return 3 times bc they couldn't trim his nails or examine him. I told them in advance that he is a hypochondriac, but he has never bitten or tried to hurt anyone or any animal. But they insisted he "freaked out" and they couldn't control him in the few minutes he was allowed. I couldn't help bc of COVID prevention protocol, even though some of their staff (interacting w everyone) had masks below their nose negating any attempt to appear concerned. Now I'm here and am learning more than a year of what Banfield staff had taught me in their multiple mini sessions. They seem to be willing to make calls telling me its time to renew. They are good at v brief phone calls, but not dealing w dogs who are awake.

[@butterfly38980]

I will be getting my puppy in 2 wks. I have been doing a lot of research and found your information have been very helpful. Thank you so much for sharing!

[@TheMoneyResolution]

Awesome! I have an updated pet insurance video coming next week 👍

[@magnumpi28]

Run!

[@emilydowepa-c8975]

Best pet insurance video yet.

[@TheMoneyResolution]

That means a lot! :)

[@susanmarkwrd5]

THOSE PUPPIES ARE ADORABLE!!!! love them & TY for the info Frankie!!!!

[@TheMoneyResolution]

Thank you for watching. So glad it was helpful Susan! :)

[@sharonholmes9156]

The only two I’ve found that cover up to 90%, have as low as $100 as a deductible, cover up to $50k and in *some cases are able to have the claim approved and paid at the point of service is Trupanion and Lemonade. Lemonade’s low monthly premiums and solid coverage won out in the long run.

[@TheMoneyResolution]

Thanks for sharing this!! I'm learning things do change quickly so it's good to know :)

[@mijumaru97]

I'm stuck between lemonade and pets best. Have you had any issues with lemonade?

[@sharonholmes9156]

No issues at all. Claims have been approved within seconds... the other took 48 hours... both reimbursed via direct deposit within less than a week of the claim. I highly recommend so far.

[@mijumaru97]

@@sharonholmes9156 wow that's great to hear! I was concerned about turnaround. One thing is I asked lemonade customer service and they don't cover dental ilnesses (they cover injuries to teeth/mouth). Pet's Best does as long as it wasn't a pre-exisiting condition. I'm stuck on this because I brush my dog's teeth nearly every day but I just wonder if she will need the coverage for dental illness.

[@mousiex_o]

No lemonade pet insurance in my area but I’ll check out trupanion thanks for your comment ☺️

[@MzVee904]

Yes please get insurance for your pets. I just learned the hard way. I recently had to make the very hard decision to put my dog down after she was diagnosed with diabetes and pancreatitis. It happened so quick. She suddenly stopped eating and was constantly vomiting. Took her to the emergency and that’s when I found out. She was there for about 3 days but was getting worse by the day, so I had to make the decision. I had no idea about pet insurance until that happened but by then it was too late. This situation shattered my heart into pieces and I wish I had known before. I ended up paying $7000 just to turn around and have to put her down. PLEASE learn from me and get insurance for your pets because they are family and it is very hard especially when it could have been possible to do more for them to get better.

[@MariaTorres-op4ht]

Thank you. Yes I need health insurance for my Maltese. 2yrs.. I think I will pick your plan...😁

[@TheMoneyResolution]

If you do, use my link :) Glad to see you watched my follow-up video as well!

[@toyab3437]

Thank you so helpful my puppy is one month old and I will be picking him up Thursday

[@TheMoneyResolution]

Awesome Toya!! Congrats! Puppies are the best 😍 thanks for watching!

[@Ashes2New]

well structured video and thank you for providing a great wealth of info on a topic that is currently on my mind as I plan for bringing a new pet into my world. Definitely liked and subbed. I look forward to see what else you post. Thanks again & take care!

[@TheMoneyResolution]

Thanks Morgan! I really appreciate the feedback and sub. I have a 2021 video on the topic as well! Best of luck with the new pet :)

[@magnumpi28]

Run!

[@soniauraga5425]

I never knew there was such a thing as pet insurance my 2 year old doggy broke both bones on his leg and woooow did we pay a lot 😔💔 thank you so much for this video I wasnt even searching for pet insurance I was looking at your Costco video 😄 🤦🏽‍♀️

[@TheMoneyResolution]

That is awesome Sonia! So glad it was helpful. Yes, it's incredibly important and most people never even think to look into it. It can definitely save a ton of stress and money in the long run! Thank you for watching!! I hope you'll watch more!

[@aileetra]

Omg this was such a helpful and comprehensive video for a new pet owner. Thank you!!!

[@TheMoneyResolution]

I super appreciate the feedback. Really glad it helped!

[@nonag1101]

Thank you for this starting point! It sucks I never knew about this. I have a chihuahua/pomeranian mix who's 7years old, a mini doberman/ chihuahua mix who is 8 months.... and will be adopting a German Shepherd from the rescue I work at, not sure the age but she does have preexisting conditions. For me, it's all over the place! Whelp, may the research begin

[@TheMoneyResolution]

So glad this was helpful Nona. Yes, this was intended to get people started. Hopefully you now know what to look for in your particular situation. Plus, a list of companies. Best of luck. Your situation is unique and that's awesome! Enjoy the new pup soon! :)

[@jb-ro4ow]

Thanks man! Very informative video, and I enjoyed hearing you explain the concepts.

[@TheMoneyResolution]

Glad it was helpful. I have a 1 year later pet insurance update for 2021 coming soon!

[@cobracommander4378]

Thanks for making this video. Have you ever had to use your pet insurance? Also what I have 2 one year old dog's, Chihuahua and Portuguese water dog, what do you recommend in terms of most coverage?

[@TheMoneyResolution]

I have, but only for his car nausea early on with no issue. I won't be super useful in making recommendations for specific breeds. But, you can look into the breeds and see what health conditions they are prone to. If they are young and healthy, that's definitely something to consider! Best of luck. Keep on researching. That's the best thing you can do but hopefully, I helped you narrow it down. 👍

[@RetrieverTrainingAlone]

For labrador retrievers pet insurance is ~$30 per month which totals to ~$3,600 over 10 years. By "self insuring" and not investing in pet insurance, I've saved over $29,000 for the 8 labs I've had over the past twenty years

[@TheMoneyResolution]

Wow - thanks for sharing!!

[@motherofthreeb6337]

Thanks! Researching for a puppy I'm getting in the next several months.

[@TheMoneyResolution]

Excited for you!

[@pcrealty]

To make the pet insurance affordable, I suggest 5k annual coverages. the unlimited coverages are for the show dogs where owners invests lots of money to maintain their dogs. The copays and deductibles are according to your budget. As a human, we rarely surpass 5k in annual medical bills and I believe 5k coverages are sufficient amounts. It is important to not over insure.

[@nonyabigness]

5k isn’t much for something serious. My dogs surgery was 4k and he needed follow up afterwards that consist of X-rays. To be safe I’d suggest 10-15k

[@pcrealty]

@@nonyabigness unaffordable

[@anastasiaderiavova4220]

Thank you so much, very helpful, I am getting a four months old kitten and going to check it out from your list:)

[@TheMoneyResolution]

Congrats on the kitten! Exciting! Glad it helped :)

[@bethk1280]

Thanks for the informative video and the cute footage at the end. Would you consider sharing an updated one based upon any new insurances available for 2023?

[@magnumpi28]

Pet insurance is generally a scam.

[@magnumpi28]

Run!

[@stuartbateh4544]

So helpful Thankyou!!

[@TheMoneyResolution]

You're so welcome!

[@TheDogBookCompany]

Thank you SO much for this video! Such a piece of great information. 🙂

[@TheMoneyResolution]

So glad it helped! I did an updated video a few months back you may want to watch next if you haven't seen it. Good luck!

[@keyshushpuppy]

Any update on this video somewhere? Did you like petplan? Any issues? Overall what is your view on it now?

[@idkmaybe7386]

thank you for explaining this and making it easier for us!

[@TheMoneyResolution]

I'm super glad it was helpful! :) Best of luck!

[@dizeestl]

Get pet insurance even if it means cutting back monthly on other things. I enrolled my dog Teddy in 2015 with HealthyPaws after many of my previous dogs had arthritis and hip issues as they aged. I figured this would be worth it down the road since hes also a big dog, a Akita/German Shep mix. I signed him up for the 90%, $100 annual deductible plan. The plan started around the 35 dollar mark and every year has gone up but its still worth it. It is at about 75 a month now but pet insurance allows you to be VERY aggressive in treating any illness. They cover his monthly glucosamine shots and his UTI treatments, it all adds up. And it also provides you peace of mind. Roughly 2 years into having him he had a mast cell tumor pop up on his chest. Was able to have that removed surgically and HealthyPaws covered every penny of what they stated they would. That ended up being well over 3000 dollars. Last week he was having neurological issues and discovered during a MRI that he has a brain tumor that is inoperable. However because of pet insurance, he just started radiation and chemotherapy and I hope I am able to prolong his life with the best quality he can have and this is only because of pet insurance. I was on the fence like many others but I won't ever had a dog without it now. Shave your phone bills or cable bills if you have to, its worth it folks.

[@TheMoneyResolution]

Thank you for sharing this. So happy to hear you were able to treat your pup. My pup also had a brain tumor that was inoperable. We opted for the same treatment (and we were going to pay around $8K out of pocket for it). Unfortunately, he passed a day before treatment was supposed to start, so we were out thousands and still lost him. We chose the cheaper vet/hospital hours away which took weeks to get him in so I still feel guilt over that. With insurance, we would have gotten him right into treatment locally. It's the reason I now share how valuable pet insurance is - but I didn't share that story in the video. Best of luck to you and the pup. Cherish every moment!!

[@dizeestl]

@@TheMoneyResolution Thanks. Lost another of my dogs to osteosarcoma 3 weeks ago that came on suddenly so it has been a miserable summer. Teddy is doing well so far post radiation and he does chemo each month for 5 days. Gets his 3 month post radiation MRI in early October to see how well the radiation took to the brain tumor. Healthy Paws has covered every dime of his treatment.

[@magnumpi28]

@@TheMoneyResolution This treatment is hard on the dog body and makes them sick. If you had pet insurance your dog would have suffered and probably would have extended his life only briefly, Thank God you did NOT have pet insurance!

[@standingonmountain3975]

We adapted a stray/lost/found cat 12 years old. Took him to the vet in February, no health issues. We don't have medical records before 2021. Not sure if insurance will cover him.

[@stephaniedayrit4145]

This is so helpful. Thank you so much!

[@stephanieunique1091]

I’m so sad I wanted the insurance you have however it’s not available inNew Jersey.😩

[@Xosidhe]

This was just what I was looking for

[@TheMoneyResolution]

Super glad it helped Stevie!

[@goaskniki]

really appreciate this video. Thank you.

[@TheMoneyResolution]

So glad it helped!

[@dwaynenero535]

Thank you very much for the very good and thorough info with some actual approximate cost. I don't have my pet yet but I thought I'd check some options first. I am kind of planning to get 2 kittens and I did see "Pumpkin Insurance" will automatically give 10% discount for additional pets as well as a set 90% reimbursement plus a lot of other things, but I will certainly go over your video again because the plan you picked sounded pretty good as well. Thanks again so much.

[@TheMoneyResolution]

Glad it helped - I did a followed up video about 6 months ago you should check out next if you haven't with more updated ideas/options.

[@tmmartin50]

Nice job, but fyi most vets are very hesitant to recommend a pet insurance company. They do not want to be caught in the middle if you end up in some kind of disagreement with them or the insurance company.

[@TheMoneyResolution]

Thanks for adding that Thomas!

[@TonyGarcia-qh1qw]

Does anyone have Lemonade pet insurance? I want to to know how good they are.

[@Garyj28]

Terrible

[@saharicoasis4083]

Tried to get it for my mixed breed dog 7yo, they denied the coverage.

[@randyk7699]

Ok....get to it.....I might go with Petplan

[@wolffisu]

Something important to add: Exotic pets (rabbit, birds, snake, hedgehogs, chinchilla(!) etc.) can be covered and SHOULD be covered by pet insurance, if not required. Exotics are so expensive because they require extra years of practice/vet school and are so obscure. Emergency vet visits start at 150 just to see my rabbit, nothing about diagnostics or anything. It was almost 400 to spay her. In my bun's life (was cut short at just shy of 3 years old), she cost me easily 4000-5000. As soon as I was ready to bring home another bun, the first thing I did was get him on the highest level of insurance.

[@cupcakejellybaby]

What type? I have two bunnies

[@wolffisu]

@@cupcakejellybaby Nationwide has the most well-known, but kinda expensive exotic pet insurance. Got my bunny on it for 30 bucks a month, but my mind is at ease if he ever got sick or injured.

[@tonysnow8359]

Very informative.Thank you!!!

[@TheMoneyResolution]

Glad it helped!!

[@kong531]

Where did you find the table shown around 12:41 in the video? Or you made it yourself? Thank you! Very insightful video!

[@chienwenchun1]

Thanks for sharing. You mentioned in the videos that some premium would not go up every year , does Pet plan offer that or which ones?

[@mayamckenzie3205]

Thank you! I would to have a year-later check in in May to see how/ if you're still liking it!

[@TheMoneyResolution]

I intend to do that! And answer all the great questions I've gotten on this video :)

[@nala3038]

What is the difference between a pre-existing and chronic condition? Wouldn’t a chronic condition have to be pre-existing to be become chronic?? Or does pet insurance only cover chronic conditions that become such after coverage begins?

[@jhordygongora3255]

Is Petplan's deductable per year or per illness?

[@markhorst3628]

I found your video well done and very informative. Would you like to adopt a rescue dog. What approach should we be taking for pet insurance? Is the records that the shelter gives a diagnosis of the health condition adequate as a starting point for pet insurance. Appreciate any of your comments.

[@asdf9890]

Great video, thanks for the info

[@insiyahyusufali8695]

Hi! Thank you so much for putting this video together. I was looking at all the different insurance plans and was having a hard time figuring out which one i wanted to go for. The one you pick I think is not called petplan any more but its now called Fetch right? Have you noticed any changes in the insurance policy with them after their name change?

[@magnumpi28]

run!

[@mollymcmackins5466]

My main beef is I want the point of insurance to be that I can get her help regardless of if I'm between checks or it's out of my income range not about getting the money spent on her vet bill back. I don't have $1,000+ just on hand so if she needs something urgently I'm screwed. I don't care about money I'll gladly spend thousands of dollars that I will never see again just save my baby

[@noryaries01]

Your video help me a lot. Thanks. Actually I got Pets Best for my little Boy “Gordo” 👏🏻👏🏻

[@TheMoneyResolution]

Awesome! That one keeps coming up as recommended so sounds like a great pick! Thanks for watching :)

[@TheFire1202]

I watched this video, was excited, yay. Then I looked up every company on your list each and everyone has the worst reviews I've ever seen. So it looks like someone is buying out pet insurance and turning the policies into complete trash now that COVID19 has hit. Everyone is having problems with there policies and the money is also going up out of the blue. And the complaints are pouring in starting in June 2020. So now I'm like, well who owns these companies? Nationwide LLC DOESN'T own Nationwide Pet Insurance, wait what? Yea, They don't own their own Pet Insurance. So do I believe we need Pet Insurance, yes but is there even a good company out there anymore?

[@rafaelgomez1989]

Interesting !

[@TheMoneyResolution]

Interesting indeed. This video is relatively recent but perhaps things have changed. I'm going to poke around and also ask my new puppy parent friends if they are seeing the same thing. I will add that my price hasn't increased and Pet Plan has already approved claims for simple things (car sickness meds, etc). Best of luck though. I'd love to hear an update at some point. I appreciate you watching and your thoughts!

[@randyk7699]

I was looking and they have several underwriters. I live in CA and this state is always crazy.

[@asht9066]

What if your pet has unfortunately been diagnosed with a certain disease and you’ve just found out about it? I had no idea pet insurance was a thing but my exotic pet is young and was recently diagnosed with a disease. After paying the full cost of his emergency visit, I found out about pet insurance but I’m thinking that it’s too late to have it. Would you still recommend getting pet insurance if your pet had already been diagnosed but is still young? Or is it not worth it anymore?

[@TheMoneyResolution]

That's a really tough one and so sorry to hear. It really depends on the pet (for example, average length of life, etc), the disease, and your budget. I think Nationwide is a good one for exotic pets if I remember right. I suggest you start with a phone call and try to get a few rates to compare. Best of luck!

[@Thisaccountisnotabot]

I've read reviews on the pet insurance companies you recommended and they all seem so horrible. Theres a tendency for people to say that these companies just want your money and will do anything in their power to avoid reimbursement. This makes my heart break. I want a fur baby so bad but I would feel extremely guilty if I cant provide for them with the best. My boyfriend and I initially thought pet insurance was the way to go to help our future pup in their lifetime. But after reading all the reviews my head and heart hurts and it almost seems like your better off bitting the bullet and paying out of pocket anyways. 😢

[@TheMoneyResolution]

That's a bummer Molly - I totally appreciate your thoughts you shared. I agree that it isn't a simple topic and I found a lot of conflicting information out there - hence why I made the video. It can all be pretty complicated. Based on other comments, it seems a lot has even changed in the last year or so (I wonder if it has to do with the craziness that is 2020). It's great you're doing your research and I hope you find a great company so you can add a furry friend! One thing to keep in mind with reviews that I always remind myself - people tend to leave reviews if they've had really good OR really bad experiences. I'm not saying that's what you found, but perhaps. I've definitely read the horror stories too. Let me know an update if you find a great one you personally recommend or even just a great website with honest/fair reviews. Best of luck!

[@johnfowler6189]

You're right they are horrible. They give you a quote for a year and the next year they jack it up by %15. Petsbest just did that to me after my first year. You have to understand none of these pet health insurance companies are regulated as are human health insurance companies. THEY ARE SCAMS!

[@blue1491]

This video was amazing 👌...getting a puppy in a few months and I want to be as prepared as possible.

[@TheMoneyResolution]

Wow. Thank you! And congrats on the new pup!! 🐶

[@pyochiix3718]

Did your premium go up each year? I read that for healthypaws, some people's premium went up 30% each year even though they didn't file a claim so I'm actually looking to switch to a difference insurance

[@TheMoneyResolution]

It did go up. I made a follow-up pet insurance video recently you may want to watch next. I can't remember how much it went up but I think I cover it in the video. Maybe $6-7 a month.

[@lilsoup442]

What a title, I like it

[@Tallnashguy83]

Be sure that you check your voluntary benefits with your employer and see if they offer pet insurance. I signed up my two dogs and three cats and getting a payroll deduction of about $50 a pay period ($100 a month) for all 5. My company offers coverage from Nationwide and have a $250 deductible and 70% reimbursement.

[@moniquevandeplas5210]

oh and one more thing. I forgot to say. I basically have the vets office submit claims even when I know they aren't going to get approved or the whole deductible gets put towards it. It saves me at the next visit!

[@rafaelgomez1989]

FANTASTIC VIDEO !!!!!!

[@magnumpi28]

This man is going to pee his pants when his dog gets older and they drastically raise his monthly rates.

[@sjoseph1513]

Thanks for making this video. Now I’ll look into pet insurance for senior dogs. I’m hoping to adopt a senior soon

[@TheMoneyResolution]

That's awesome. So glad it was helpful!

[@miaknig3130]

That is so great! Most people want young dogs and seniors get stuck in shelters, kudos on your decision to adopt an older dog❤

[@richardeckard3825]

So if you have insurance but don't have 5 grand laying around .. you screwed? You have to pay up front even w the insurance?

[@TheMoneyResolution]

With most insurance I believe so. There are a few that don't. There's always Care Credit in an emergency but that'll impact your credit score for sure. That's a good point though overall to consider!

[@wmorales829]

Great video. Thanks

[@IsItAconspiracy]

I enrolled my Saint Bernard Puppy in ASPCA accident insurance. I have read stories that they can easily tear their ACL. $25 a month $500 deductible, $5,000 max

[@TheMoneyResolution]

Sounds like a great plan. Awesome you did your research and are prepared :)

[@Katanaya29]

Hi there ! I was just there but wanted to hop on here to recommendations ! How do you like it ?

[@gabicollier1436]

Thoughts on Spot Pet Insurance? 3 cats between ages of 3 and 5 costs $112. I will do research on the companies your recommended too!

[@magnumpi28]

All pet insurances are generally a scam.

[@yuzu_yuju]

Having a hard time deciding between petplan vs. nationwide... I've been reading so many shitty reviews about both.. :( *PetPlan* doesn't cover general wellness/routine check things while nationwide does. I also heard that filing a claim can get frustrating. I adopted a 2 year old dog TODAY, but apparently PetPlan requires at least two years of medical history for your pet to assess claims. This history MUST include the doctor’s notes from exams. But I don't have all of that, I just adopted?? I'm so confused. *Nationwide* I heard is slower in reimbursements. AND I have to wait at least 2 weeks for insurance to even kick in once I purchase, which isn't great if an accident happens within those 2 weeks. If I do a vet visit within that waiting period, anything can count as a pre-existing condition. BUT they cover wellness checks unlike pet plan. And there's a bunch of stuff I can't even decide between... HELP!!!

[@TheMoneyResolution]

Personal opinion: True that Pet Plan doesn’t cover Wellness but that’s probably your least expensive vet bill you’ll have. Our vet bill from checkups and vaccinations were quite low, consisting of a $15 tech fee and then the vaccines which are relatively low cost, so we don’t mind paying it out of pocket. We adopted a puppy back in March so we also don’t have 2 years of history. We just had the vet send over what we had history-wise from checkups and there was no issue getting accepted. We had an anti-nausea medication accepted and approved relatively quickly. So far so good, even with something minor. From experience I can speak to Pet Plan since my video was posted. I can’t speak to Nationwide. Hope this helps! Also CONGRATS on the adoption!

[@carlyhealthyliving383]

Look into Pumpkin pet insurance. They cover preventive care

[@5tamika]

Look into pets best

[@susank6492]

Many insurance companies specify what they consider a reasonable amount that a procedure should cost. Then they pay the percentage of that amount, not of the actual amount charged.

[@chgofirefighter]

Pet insurance is a scam, just create an account in the bank for emergency funds for your pet. Put $50 or $100 a month away in this account, that equate to $600 to $1200 a year, multiply that for the lifetime of your pet and you see the difference. When you pay insurance premiums, deductibles, co pays, and certain restrictions you’ll see that a pet policy isn’t worth the investment. Also, you have to pay FIRST, file claims, etc then wait to see (if) you’ll get reimbursed

[@Yaadietr88]

Were u able to lock in that price from petplan? Or it updates every year?

[@gabrielmccandless2798]

U doin a good job! 👏🏾👏🏾👏🏾👏🏾👏🏾

[@frankmontez6853]

I’m looking for mandated liability insurance for my dog that bit someone. Any help is greatly appreciated

[@RD-lt8zw]

Thanks I have been debating throwing 50 a month into a good ETF per pet vs insurance. I would obviously start that etf out over 1k. Still kinda weighing in on pet insurance vs putting money away for a rainy day. I’ll definitely be looking at these companies and see if my job has anything

[@TheMoneyResolution]

That's a really interesting alternative I hadn't thought about. Thanks for sharing!

[@lauras627]

Same here, except the rainy day fund has to be a minimum $5k - $10k. 3 years go I paid $3600 for stomach surgery because my maltipoo ate trash w/ q-tips. Ugh. This morning I took him again the ER and was scared I had to pay $$$ again, but vet ruled it out. Here I am searching for pet insurance and mad at myself for not buying it sooner.

[@kimtrinh1524]

Hello, are you American? Are these USD being quoted? Just wanted to know the price comparison with CAD.

[@TheMoneyResolution]

Correct - USD. I have a follow up video coming very soon!

[@kimtrinh1524]

@@TheMoneyResolution thank you very much, its a very useful video. I appreciate the advice and love the explanation of the terminologies often used with insurance policies that I wasn't familiar with.

[@tristainbeckel6061]

Has anyone had any dealings with pumpkin insurance? Thanks.

[@Candyy12aimee]

Any policies that work well with allergy testing and treatments? I’ve had a dog before that had them and I’m tryin this time to get ahead of it

[@user-uo4xs9dv7y]

I use aspca and my dog has allergies they have covered pretty much everything allergy related the only thing it doesn't cover is prescription food

[@justvicisfine8620]

The whole problem for me is I never have any money when my dog has been hurt or gets a foxtail. The timing is always bad. Even if you’re able to save a little, it’s never the right amount. Vets require all money due at time of service,so where do you get the money to possibly save your dogs life or stitch them up until insurance decides if they’ll pay or not?

[@TheMoneyResolution]

Hi Vic, I hear you here. That's tough. If it helps at all, most videos I make are actually about personal finance - emergency funds, mindset, motivation, how tos and so on. Perhaps some will help. Either way, hope you're doing well (and the pup!)

[@LovePatience32]

Trupanion will pay up front first , look into this

[@lanad8108]

So the higher the deductible the better the insurance coverage?

[@TheMoneyResolution]

Hi Lou - a few quick thoughts: It depends on how you define "better." For our insurance company (Pet Plan) they had a slider you can move left and right to see how your premium affects your deductible. Either way, it didn't impact our coverage. This part is totally up to you but consider the age/health of your pet and of course your budget.

[@bride8305]

(HUG) GREAT VIDEO thank you Frankie.

[@TurnOffYourPC1]

Not a word about premium increases, based upon utilization, your pet's age, or both. If this isn't part of your due diligence, you may be in for a big surprise.

[@TheMoneyResolution]

Great callout Frank! This certainly isn't meant to be 100% of the information a person needs. But supplemental to their research. Thank you for the note!

[@pediapets198]

Awesome Video ! Like the Content !

[@TheMoneyResolution]

I appreciate that CPP!

[@mywhite2007]

Wagmo covers 100% after the deductible is paid

[@TheMoneyResolution]

Thanks for sharing that!!

[@marypham6491]

I am getting an 8 weeks old pup in a few weeks and doing research on getting pet insurance. I narrowed down to Healthy Paws and Nationwide (has through my work but premium is high $80 and cover comprehensive that I dont need all the extras). The last thing I been searching before I make a decision is have you search to see how some of these company inflate the premium each year? I saw some mentioned within a few years the premium can double and triple or 200% more than the original first year quoted. Let me know your thoughts on this? Thank you ahead of time.

[@TheMoneyResolution]

I haven't looked into this yet but plan to and will get back to you. Thanks for watching Mary and best of luck in the meantime making your decision! Congrats on the pup! What kind? 🐕

[@marypham6491]

@@TheMoneyResolution I went with Healthy Paws. I did read many companies including the one i signed up will increase pretty drastically :(

[@yuzu_yuju]

Seems like every pet insurance has this problem. I’ve read so many reviews from all pet insurances and they all inflate premium. I guess it’s something we can’t avoid..

[@debbie7472]

😾