Too often, pet owners splash out on pet insurance and pay way more than they actually need to.
Choosing the best value pet insurance isn’t always about picking the most affordable option; it’s also about choosing the right level of coverage that aligns with our pet’s health needs.
Whether you’re a first-time pet parent or looking to switch to a better plan, this guide will show you the best value options that cater to different pet health needs.
The Best Value Plans Suited To Every Pet’s Needs
The value of a pet insurance policy isn’t just about affordability – it’s also about what you and your pet need the most in terms of coverage.
Factors including your pet’s breed, age, and overall health all determine which cover option is the best fit. If you’ve got a young pup or kitten with minimal health problems, a comprehensive level of cover is likely unnecessary. But, if you’ve got an older pooch or feline friend that’s got higher health risks, maximum coverage is probably the most valuable option.
Here’s a round-up of the most common pet insurance options, each offering its own unique value:
Best Value for Low Risk Pets: Accident-Only Coverage
Accident-only coverage is the most basic plan you can get – but that doesn’t mean it’s not valuable!
If you’ve got a maintenance pet that rarely falls sick and is a low-risk of hereditary health conditions, then accidental injury cover is all you need. It’s a straightforward option that typically covers treatment for fractures, broken bones, bites, burns, and so on. It’s also the cheapest choice, making it perfect for budget-conscious pet parents.
Best for Balanced Protection: Accident and Illness Cover
Accident and illness cover gives you the best of both worlds without the price tag of comprehensive cover. It protects against a range of vet treatments for accidental injuries and illnesses, including broken or fractured bones, bites, infections, common diseases, and so on.
It’s a go-to for pet owners who want the reassurance that their pet is covered for common mishaps without wasting money on more extensive coverage they don’t need – it’s the perfect balance of affordability and essential protection.
Best Value for Complete Peace of Mind: Comprehensive Coverage
Comprehensive cover is the total package when it comes to pet insurance coverage. These policies offer the most amount of eligible vet bills and have the highest annual limit for accident and illness cover. This means you can make a claim for a bunch of treatments without worrying about pricey out-of-pocket costs.
If you’ve got a senior pet that’s more likely to get injured or fall sick or a certain breed that’s susceptible to certain conditions, this is the coverage you need. While comprehensive care tends to be the most expensive option, it will save you thousands of dollars on vet expenses, making it superb value for money.
Tips and Tricks on Getting the Best Value Pet Insurance
Sometimes, it takes more than comparing policies to get the best value possible. There are a few handy hacks that can help you get the cheapest plan that also matches all your pet’s health needs and preferences.
Here are some paw-some tips and tricks that can help you get the best value policy from any pet insurer:
- Always Compare Plans: Never sign up for a plan without comparing other options out there – you might find the same amount of cover for less!
- Shop Around for Pet Insurance Deals: Pet insurance providers always have special deals going on that can save you some money. Keep an eye out for new customer deals, discounts for multiple pets, and special offers on select care.
- Lookout for Inclusive Add-Ons and Perks: Some providers offer inclusive add-ons for not extra price and give you access to special perks. For example, at PetsOnMe, we give all our policy holders discounted pet care, including 12% off dog walking, and offer a selection of add-ons at no extra cost for each of our plans, such as radiology and pathology cover.
- Focus On Your Pet’s Needs: Don’t overpay for a policy that you don’t need. Always factor in your pet’s age, breed, and overall health to ensure you choose the right level of cover. For instance, if you’ve got a senior dog that’s susceptible to injury and illness, your best option is probably comprehensive cover.
- Consider Annual Limits and Reimbursement Rates: A key bone to pick when shopping around for pet insurance is the annual benefit limit and reimbursement rate of a policy. The higher the annual limit, the more coverage you get for any major medical costs, and the higher the reimbursement rate, the less you’ll pay out of pocket.
- Double-Check the Fine Print: Some policy providers sneak exclusions and limitations into their fine print, which are easy to miss. Always read through the fine print to avoid any unexpected surprises down the line.
Is Pet Insurance Worth It?
Pet insurance cover is a must-have for all pet parents. Just like human health insurance, it ensures you have access to medical treatment when your pet needs it most, regardless of your financial situation, be it in the event of a clumsy accident or sudden illness.
Not only does pet insurance give you the financial flexibility to seek treatment, but it also saves you $1000s on out-of-pocket veterinary costs.
Get Award-Winning Best Value Pet Insurance with PetsOnMe
PetsOnMe is a leading pet insurance provider that’s helped over 50,000 Aussie pet parents get their fur babies the care they need.
Unlike most pet insurance policies, we offer speedy next day claims, an annual benefit limit of up to $20,000, transparent pet insurance prices, and no lock-in contracts – we’ve made policies a walk in the park for pet owners.
Check Out Our Unbeatable Value Pet Plans
We’ve crafted a selection of paw-tastic pet plans designed for cats, dogs, and pups. Here’s a brief overview of what you get with each policy:
- Accidental Plan: If you want budget-friendly cover, our Accidental Plan is a brilliant choice. You get full protection on a range of accidental injuries, prescribed medication, and third-party liability.
- Classic Plan: Our Classic Plan offers all the essential cover any pet parent needs, including accident and illness, third-party liability, prescribed medication, cruciate ligament, and even hereditary conditions.
- Deluxe Plan: Our Deluxe Plan is the full package, offering comprehensive coverage for a range of health conditions, including accident and illness, prescribed medication, third-party liability, cruciate ligament, and hereditary conditions. And, it doesn’t stop there; you also get to select dental illness cover!
We go above and beyond at PetsOnMe, to ensure you’re as happy as your pet. No matter which plan you go for, you also get 2 months FREE for pups and kittens under 1-year, the 1st month free for pets aged over 1-year, and 12% on select pet services including dog walking and cat sitting – how’s that for exceptional value?
Browse and compare our pet insurance policy options at PetsOnMe today!