How Much Is Pet Insurance in Kentucky? (2024 Cost Update)
By Ashley Bates
Updated on
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If you are new to pet insurance, you might need help knowing where to begin. After all, pet insurance is a relatively new concept but is incredibly attractive to pet owners. Pet insurance adds a layer of protection so that your animal can get the vet care they need, and it will have less of a financial impact on you.
Most pet insurances cover accidents and illnesses. But some of them now also offer coverage for preventative care. Let’s go over how much you can expect to pay and what options are available to you in the state of Kentucky.
The Importance of Pet Insurance
Pet insurance is a very smart investment for many individuals. Whether you have one animal or many, you know just how expensive emergency veterinary care can be. Some costs are not anticipated when you get your pet.
Anything can happen—life is a gamble. Pet insurance alleviates a lot of the financial worry, as you know you’ll be reimbursed for every issue your policy covers. Different policies offer various types of coverage, so it’s best to shop around and get free quotes, picking the best option.
Whether you have a dog, cat, horse, or exotic pet, there is an insurance company that can definitely help you out. No insurance company covers pre-existing conditions. Therefore, seeking pet insurance as early as possible will help you get the best rates and avoid pricey vet bills that come with natural aging.
Top Rated Pet Insurance Companies
How Much Does Pet Insurance Cost?
Pet insurance costs vary for several reasons. When you are setting up your policy, the original cost is configured by considering your pet’s current age, state of health, and particular company rates.
To make it a little easier to pin it down, we went ahead and rounded up some of the most popular insurance companies on the market today so you can get a rough estimate of how much you might spend each month with each.
| Dogs | Cats | |
| Lemonade Pet Insurance | $20 | $10 |
| Pumpkin Pet Insurance | $50 | $20 |
| Nationwide Pet Insurance | $60 | $30 |
| Wagmo Pet Insurance | $40 | $20 |
| ASPCA Pet Insurance | $50 | $25 |
| Embrace Pet Insurance | $54 | $27 |
Remember that you can retrieve a free quote from these insurance companies to compare coverage for your specific animal.
If you have exotics, Nationwide will be your only current option for insurance coverage—averaging $22 per month. If you have horses, the ASPCA will be your only point of coverage—which is $75 per month on average.
However, all these companies we mentioned cover our beloved dogs and cats.
Additional Costs to Anticipate
Things That Aren’t Covered
Insurance’s reality is that it will not cover every issue. There will be stipulations that you might not anticipate. For example, if you think a certain emergency is covered, but the company reviews the claim and decides not to pay, this can incur a big financial burden for you.
Also, pre-existing conditions are not covered by any insurance company. Therefore, if any issue is ruled as a pre-existing condition, the claim might not hold up, and you might not get paid back. So it is in your animal’s best interest to have coverage before any of these conditions have the chance to develop.
Each company will have a specific list of coverages they offer on their website, and any representative can also review that with you. Anything is possible, so it’s best to anticipate a financial hit in the event of any vet visit, so you aren’t side-blinded by the rejection aspect.
Deductibles
When you sign up for a pet insurance policy, you also choose your deductible amount. This can range anywhere from $0 to $1,000+ depending on the company. The deductible amount is how much you have to pay for vet care before the insurance company will pay.
For example, if your dog needs a procedure that costs $1,000 and your deductible is $500, you will have to pay $500, and insurance will cover the rest up to a certain amount (of which you also choose when you create your policy). Some companies have a per incident deductible, which means you pay that deductible amount every time your pet needs a procedure, for example. Others may have an annual deductible, which means that once your deductible is met for that year, you don’t have to pay it again until the next year.
Annual Limits
Many pet insurance companies also have annual limits, which is how much your policy will reimburse you for per year. If your policy comes with an annual limit of $10,000 and your pet needs multiple surgeries, your insurance will only pay $10,000 per year, and anything over that amount you will need to pay. The annual limit will then start over the next year. There are some companies that don’t have annual limits, but you may pay a higher monthly premium.
How Often Should I Take My Pet to the Vet?
If you’re going to invest in pet insurance, you might wonder just how often to anticipate taking your pet to the veterinarian. In the first year of life, they will likely visit the vet more than at any point in their adult life.
Naturally, this varies depending on your pet’s overall health. Some can develop health issues that require frequent monitoring. However, in most cases, your adult animals should see the vet once a year or as needed.
Some insurance companies offer vanishing deductibles or additional perks if you do not use your pet insurance for a year.
Does Pet Insurance Cover Pre-existing Conditions?
In most cases, pet insurance does not cover pre-existing conditions. Certain companies have stipulations on this particular subject. For example, a company might choose to cover a pre-existing condition permitting your pet has been symptom-free for a designated amount of time.
Every insurance company differs, so it’s best to check with the particular one you are interested in to get a definitive answer.
What to Do for Your Pet’s Health In Between Vet Visits
Even though it’s a fantastic idea to have pet insurance set in place, those visits are not the be all, end all. There’s a lot that goes into general animal care and ways you can prevent frequent vet visits. After all, nobody wants to rack up the bills or potentially raise their premiums for visiting too frequently.
Ensuring that your pet gets appropriate exercise, diet, and overall care will assist them in living a long and lustrous life. Some cats and dogs are genetically predisposed to certain health conditions that can impact their overall livelihood. If your pet is having issues, don’t get discouraged, as these things can happen and there’s not much you can do.
But if you want to prevent or get ahead of certain health conditions, always pay close attention to your animal’s behavior, weight, coat, and any other visual signs. If you notice anything peculiar, don’t hesitate to call your vet or make an appointment just to ensure it’s nothing serious.
If you have a dog or cat, it’s also important to focus on dental health. Periodontal disease is a major problem for dogs and cats, and it can lead to a series of other health conditions related to various systems in the body. So, keep your pet’s teeth clean and plaque-free.
Find The Best Insurance Companies in 2024
Conclusion
Almost every insurance company offers free quotes you can get through the website. So now you know that no matter what insurance company you pick, you’re going to pay the general amounts that we listed above. Keep in mind that actual costs vary for several factors.
Getting the right coverage is incredibly important. So, you can get a very detailed, solid indication of your monthly premium from the company itself. Feel free to visit several different websites before making your choice.
Pet insurance ensures that your finances will not be impacted and guarantees your pet will get the care they need in times of crisis. If you live in Kentucky and are looking at purchasing pet insurance, hopefully, you have a little more direction when you’re shopping for the right policy after reading this article.
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