Pets aren’t like a part of your family. They are family. Doubt the validity of that statement? Then consider this article from the American Animal Hospital Association, which reports that we collectively spent $72 billion dollars on pet care in 2018 alone. That represents a $3 billion dollar increase over 2017 and another $3 billion over 2016. Going by that trend, we expect to be pushing our combined costs for pet care to near $80 billion dollars next year, which is astounding.
The point that we’re trying to make is that pets are valuable to us, but they’re also expensive ― and the costs are rising faster than inflation. And that’s especially true when the veterinarian gets involved. Even the simplest of procedures can cost hundreds of dollars and major surgeries often run into the thousands. Thankfully, though, there are ways to keep costs under control, and one of the best ways to do that is by purchasing pet insurance.
What is pet insurance, exactly?
Pet insurance, depending on the terms of the policy, covers out of pocket expenses related to your fur baby’s medical care. All you do is file a claim, and the insurer does the rest. But not all insurers offer the same coverage, nor do they all cost the same, so you really have to do your homework before purchasing.
If you are considering pet insurance, then you really should check out Lemonade. It offers some of the best coverage in pet insurance today, and its rates are among the lowest. In fact, policies for dogs and cats start as low as $10 per month. And you can save 10 percent off that cost if you insure your home with them too.
Since Lemonade has an entire digital operation, signing up is quick and easy. And, when the time comes that you need to file a claim, that process is just as painless. You simply submit your claim via their AI-driven mobile app and, poof, payment will be directly deposited into your account within minutes if your claim is approved.
What pet insurance covers
With Lemonade Pet Insurance, simple things like medication, procedures, and diagnostics are covered in their base policy so it’s easier than ever to keep your fur baby in good health. If you add the Preventative and Wellness package you’re also covered for an annual wellness exam, several vaccines, and tests that help keep your pet healthy, as well as medical advice chat, and helpful wellness reminders. If you want to go above and beyond you can add the Extended Accident and Illness package, which covers exam fees and physical therapies to help your pet heal or handle chronic pain. That almost eliminates the risk of a heavy financial burden, which is something that too many pet parents have had to face when it comes to providing care.
Of course, Lemonade isn’t the only kid on the pet insurance block, but it is one of the most popular. It boasts award winning service, an enviable rating of 4.9 out of 5 stars on both Google Play and Apple’s App Store, and has been featured in Forbes, the Wall Street Journal, TechCrunch, and more where it’s been lauded for their best-in-class services and prices.
In addition, Lemonade has Policies that are simple and jargon-free, and world-class support team to help you out!
Plus, Lemonade donates unused premiums to causes you care about (including several pet-centric charities such as the Humane Society, Paws, Friends of Animals, and more). If you are weighing out differing insurance companies, then this is an aspect of their business model that should not be overlooked. After all, when you do business with a company, it’s reassuring to know that their principles are in line with your own.
The bottom line is that, when you own a pet, you accept a certain amount of responsibility. And that extends to providing medical care as needed, which is getting more and more expensive every year. But pet insurance is both cost-effective and ensures that pets receive the care they need, when they need it. Wouldn’t you feel better knowing that your number one companion and best friend is cared for if the unexpected arises? If you answered yes, then you need to get Lemonade.