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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pet insurance is a scam.[/quote]

Exactly this.

As others have noted, insurance starts at $50-60 a month for young healthy pets. Once they get older and actually start getting into the risk area for expensive care it gets much more expensive. I just got a quote for my 13 year old cat at $96/mo.

So say an average of $80/mo over a 15 year lifespan. That's $14,400 in premiums. I've got two cats who have both needed expensive surgeries at some point - perfect case for pet insurance, right?

Well, no. Cat #1 - 13 years old, two urinary tract unblockings totaling $4,000, one urethral widening costing $6,000. No other events that pet insurance would have covered. So without insurance, $10,000 out of pocket. With insurance, assuming 80% coverage, $2,000 out of pocket + $12,480 in premiums (80x12x13) $14,480 total.

Cat #2 - 12 years old, one mammary chain removal, various imaging and screening appointments, about $6,500 out of pocket.  No other events that pet insurance would have covered. With insurance - $1,300 out of pocket + $11,520 in premiums, $12,820 total.

Dog #1 - 10 years old. A couple of tumor biopsies, one mysterious liver issue, no other events that insurance would have covered. Around $4,000 out of pocket. With insurance, $800 out of pocket + $9,600 in premiums. Total $10,400.

So adding them all up, No insurance: $20,500.  Insurance: $37,700. Assuming they all make it to 15 that's another $9,600 in premiums, so I'd have to accrue [b]over $32,000 in qualifying vet bills[/b] in the next 2-5 years just to break even, and that's with 2/3 animals already having expensive medical issues.

Scam indeed. 
[/quote]

Thank you for breaking it down for us with real numbers. It really helps to see the reality. Of course, it's always possible for a pet to have several hugely expensive issues that insurance can cover. But a typical family will not experience this.[/quote]

🤔 We’ve had our dog for a little over a year, and she’s already had two visits for ingesting foreign objects and a surgery on obstruction. She is otherwise very healthy and energetic with no genetic issues.[/quote]

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