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Discussion Starter #1
Has anyone heard for PetPlan Insurance?
Does anyone have insurance on their pets?
If you do - you mind letting know with who and what you think about them?

Thanks!
 

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Discussion Starter #3
Thank you so much! I really appreciate your advice! :D
 

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Hmm that sounds interesting. $26 dollars a month would be a little easier to handle than a surprise $2000 vet bill. Where can I find information on it?

Found it online. Might be something to think about as I am a graduate student living on loans. I'd be interested in hearing what others think about it as well. Good post LibertiSmith :)
 

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I'm with Petplan now and am satisfied. More about them below.

Firstly, if you are considering pet insurance go to www.petinsurancereview.com. It will be pretty apparent which companies are worthwhile.

I am a big believer in insurance and have had it all along for both of my dogs. My cocker was with petcare/sheltercare until he passed and they were very good about paying up to their $3000 per illness category limit. The couple of times they quibbled with me weren't deal breakers. Over the past few years they have raised their per incident deductible and started asking for a co-payment but nothing unreasonable.

When I got my next dog I initially put him on Embrace because they are better for chronic conditions, which is, along with accidents, what you really need insurance for. Instead of limiting an illness to $3,000 for the life of the dog like petcare, Embrace gives you $2500 a year on their most comprehensive policy, and the $2500 kicks in again each year when the policy renews. You can customize the policy as to total amount of coverage per year, percentage paid and co-pay. I never submitted a claim in the six months I had the policy but their customer service was very good.

I am now with Petplan and I personally think they have the best policies. First of all, they cover congenital defects such as hip dysplasia, etc. which VPI, for instance, won't. Secondly they base their premiums on the cost of vet care in a particular zip code so they will pay the prevailing rates for your area. Thirdly, they offer the highest amount of coverage per year I know of, up to $20,000 a year and all of that can be used for a chronic condition.

My premium was about 40% less than Embrace (Petplan and Embrace are somewhat similar) and they paid both of the claims I submitted without hesitation. I have 100% payment after a $200 deductible per incident and pay $300/year for a four year old mutt in New York City. The same coverage in Omaha NE where my SIL lives is only $150/year. Purebreds can cost significantly more than mutts and large dogs cost more than smaller dogs, so a St. Bernard might cost a bit.

There are only two catches with Petplan and I don't care about them. First, they don't offer a routine care option (Embrace does now) but no insurance company is going to cover routine care 100% in an expensive city like NY. Secondly, they charge an extra 20% co-pay on top of whatever your standard co-pay is for specialists or emergency care that isn't life threatening. So if you decide to do your ACL surgery at a teaching hospital Petplan will pay for it up to $20,000 but you'll be paying a significant amount yourself. Then again, no other company offers $20k/year with no lifetime limit (ck me on this if it matters).

Benji is a really healthy dog but in the year we've had him, he's had a benign tumor removed, cut his paw up and it got infected, had a bout of bloody colitis, and sprained his leg. Of the $300 I paid Petplan, we've already gotten over $200 back and we've only had the policy six months.
 

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Great information guys!! I've been thinking about getting insurance for Lucy. I'll have to check out those sites and see if they are for Canada too!
 

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I was so Happy to get pet insurance on my puppy, boy the first year she really used it, fractured her leg jumping out of the camper, getting hives in which she needed shots, UTI, foxtail in the nose and on in on. So I'm very happy with the insurance, I have insurance on all my dogs and horses. I would recommend insurance to anyone that wants to save money.
 

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Discussion Starter #9
I was unsure about the insurance at first but now I am going to get it. Thank you, everyone, for your input. I have 2 5 month old puppies and they mean the world to me! Thanks again so much!
 

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I currently have VPI but am switching to PetPlan ASAP (I paid for 2 months with VPI).

I love that PetPlan has plans that are customizable (you can select your deductible and what percentage the insurance pays). I also think it's amazing that they cover genetic issues like HD. Finally, there is no deductible for their wellness coverage (shots, etc.). Most companies charge a $50-$100 deductible, and most wellness visits are less than that so the company ends up paying $0.
 

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I signed up for PetPlan last week. I got the bronze option (covers up to 8k per year) with a $200 deductible and 90% reimbursement. The annual premium was $190. I researched & read reviews for quite awhile and hope that PetPlan is as good as advertised if I ever need it--which I hopefully won't!
 

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Finally, there is no deductible for their wellness coverage (shots, etc.). Most companies charge a $50-$100 deductible, and most wellness visits are less than that so the company ends up paying $0.
To my knowledge Petplan does not offer "wellness" coverage in the US. From their website:

"Why doesn't Petplan cover Routine Care?

Routine care is as much a part of keeping your pet healthy as taking your dog for a walk. Annual check-ups or vaccinations can easily be planned and budgeted for, whereas an unexpected accident or illness can leave you reeling with prohibitively expensive veterinary bills. This is why Petplan doesn't cover routine care. Insurance for scheduled treatment inflates premiums and represents poor value for money - often at the expense of coverage for the unexpected where it matters most."

http://www.gopetplan.com/Help/Petplan-Policy-Benefits.html

If you have a different source of information I'd love to know about it since I am an enthusiastic Petplan policy holder.
 

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I'm extremely skeptical about these things. There's enough there that it sets off my crap detector big time, but I freely admit that I haven't taken the time to research it thoroughly either.
 

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I'm really a skeptic too but after seeing my pup nearly break his leg one time I thought I would buy it and see how it goes . 2 weeks after I bought it , my little guy ran into the boat trailer chasing his ball and ended up with a nasty 400 dollar suture job. After he was fixed and all was fine I mailed in the receipts and was ready for the 'we aren't covering that cause of some fine print loophole' BS story , BUT I was pleasantly surprised . I had a phone call about 4 days after mailing the invoices and claim forms , telling me nicely that they had received them and will be processing . I thought great so far , then another phone call 4 days after that saying check had been mailed. Wow !!! I wish all Insurance Companies were this fast and courteous :)

So far so good !


I'm extremely skeptical about these things. There's enough there that it sets off my crap detector big time, but I freely admit that I haven't taken the time to research it thoroughly either.
 

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I'm really a skeptic too but after seeing my pup nearly break his leg one time I thought I would buy it and see how it goes . 2 weeks after I bought it , my little guy ran into the boat trailer chasing his ball and ended up with a nasty 400 dollar suture job. After he was fixed and all was fine I mailed in the receipts and was ready for the 'we aren't covering that cause of some fine print loophole' BS story , BUT I was pleasantly surprised . I had a phone call about 4 days after mailing the invoices and claim forms , telling me nicely that they had received them and will be processing . I thought great so far , then another phone call 4 days after that saying check had been mailed. Wow !!! I wish all Insurance Companies were this fast and courteous :)

So far so good !
With me my skepticism is related to cost. Am I better off putting the money I'm spending in premiums every month in a "canine rainy day fund" rather than sending it to an insurance company? I just haven't taken the time to do a cost/benefit analysis.
 

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I'm really a skeptic too but after seeing my pup nearly break his leg one time I thought I would buy it and see how it goes . 2 weeks after I bought it , my little guy ran into the boat trailer chasing his ball and ended up with a nasty 400 dollar suture job. After he was fixed and all was fine I mailed in the receipts and was ready for the 'we aren't covering that cause of some fine print loophole' BS story , BUT I was pleasantly surprised . I had a phone call about 4 days after mailing the invoices and claim forms , telling me nicely that they had received them and will be processing . I thought great so far , then another phone call 4 days after that saying check had been mailed. Wow !!! I wish all Insurance Companies were this fast and courteous :)

So far so good !
How much did they reimburse you? The whole $400?
 

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How much did they reimburse you? The whole $400?
Reimbursements depend on the plan you select. There are plans which cover 70%, 80%, 90%, 100%, etc. Most plans have a per visit deductible, usually either $50 or $100, so regardless you're going to end up spending some $$$.

Luna had SO many health issues when we first got her that I decided to go ahead and get a plan. Since the insurance has kicked in... we haven't used it. LOL. Somehow I feel better knowing it is there, even if I am getting "ripped off." I know if something came up where she needed a $5,000surgery, I couldn't afford it. It just makes me feel better knowing it's there if I need it.

Regarding the "rainy day fund," it's a good idea to have both. Pet insurance doesn't work like human insurance. You pay first, then get reimbursed. So, it's a good idea to sock some money away regardless. The good thing about pet insurance is that you can put the money BACK into your emergency fund so you'll have it for the next time.
 

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I undertand there are different plans and deductibles. I wanted clarification in terms of what this owner's particular plan was and if she got back what she expected. I've seen so many exceptions in some of these plans, I often wonder if you expect to get 70% back how close they actually come to that.

Insurance is priced so the companies can make a profit on the premiums received from their collective client base is less than the claims. Some owners are a net loss for them, but most are net gains. So most owners feel they don't need it because your claims over time will not be greater than the premiums + deductibles you pay over the life of your dog. But for owners who view it as disaster issurance, I think it has a real role for most owners.
 
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