How much should I be spending on pet insurance?

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asked Oct 24, 2022 in Other- Pets by farsrfun (1,340 points)
How much should I be spending on pet insurance?

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answered Nov 23, 2022 by 7maxwarren (12,510 points)
The amount you should be spending on pet insurance is between $10.00 per month to as much as $50.00 per month.

Most pet owners pay between $30.00 to $50.00 per month although you can get pet insurance as low as $10.00 to $20.00 per month.

Lemonade pet insurance does cover behavioral issues with their behavioral issues add on.

The Lemonade pet insurance behavioral add on helps cover costs of diagnostics and vet recommended therapies and treatments for the pets behavioral conditions.

Lemonade is a legit pet insurance and legit insurance company.

Lemonade offers pet insurance as well as home, auto insurance, renters insurance and even life insurance they were founded in 2015 and are a fully licensed insurance company that is trusted.

The amount lemonade pet insurance reimburses depends on the reimbursement rate you've chosen on your pet insurance policy.

With Lemonade pet insurance you can choose between 70%, 80% and even 90% for a reimbursement rate and which one of those you choose will be the amount that Lemonade pet insurance reimburses you on the vet bill.

Vets don't take Lemonade Insurance although the way Lemonade insurance works is you take your pet to the vet as normal and get the bill.

Then you contact Lemonade Insurance and Lemonade Insurance reimburses you for the cost of the vet bill.

So while Lemonade does not pay the vet directly they reimburse you for the cost by sending you a payment.

Lemonade insurance does cover pet damage through the pet damage endorsement on your renters insurance.

The limit for pet damage through Lemonade insurance is $500.00 and the cost of the Lemonade pet damage endorsement is $18.00 per year.

Lemonade does cover hip dysplasia as long as it occurs after you have the lemonade Pet Insurance coverage.

If the hip dysplasia is a pre existing condition when you get the Lemonade pet insurance then it will not be covered.

Lemonade pet insurance does cover euthanasia if you have the Lemonade end of life and remembrance add on that offers coverage if the pets vet recommends euthanasia as the result of a pre existing condition.

You can cancel your Lemonade insurance at any time whether you have pet insurance, home insurance, renters insurance, life insurance or auto insurance e through them.

You can get a refund on any leftover period of time you have on Lemonade Insurance.

You can cancel your Lemonade pet insurance through the Lemonade app and also receive a refund for the remaining period that you've already paid for.

You can also cancel your Lemonade pet insurance through calling their customer support number.

Call Lemonade customer service on 1-844-733-8666.
Ask to speak to an agent.
Verify your account information.
Request cancellation of your policy.
Ask if any charges will be incurred.

Lemonade pet insurance does not cover routine pet exams although Lemonade pet insurance does have a preventative package that helps pay for pets wellness exams such as when the pet is 2 years or under.

Lemonade pet insurance does cover the cost of microchips and microchipping and also preventative care for pets 2 years old and under.

If your pet is 2 years old or under then Lemonade pet insurance will cover the cost of a microchip.

The underwriter for Lemonade pet insurance is Lemonade Insurance company as Lemonade Insurance underwrites their own insurance policies.

Lemonade started offering and selling pet insurance in 2020.

Lemonade insurance company became a fully licensed insurance company in 2016 and they underwrite their own policies.

Lemonade pet insurance takes around 14 days to 6 months to kick in depending on what is being covered.

For example Lemonade pet insurance will kick in after 2 days for any accidents, 14 days for illnesses and 6 months for any cruciate ligament events.

The things that are not covered by pet insurance are pregnancy, birth, death, preventable diseases, Bilateral conditions, theft of a pet, pre existing medical conditions and routine vet visits are not covered by pet insurance.

The annual deductible for pet insurance is the amount you pay for your pets health care services before the insurance plan starts to pay.

The annual deductible is also known as copay.

An annual deductible on pet insurance can range fro $100.00 to $250.00 and up to $500.00 depending on what the cost of service is that is being covered.

Pet Insurance coverage does not start immediately and you have to wait for 14 days to 30 days or sometimes up to 6 months before the pet insurance takes effect.

This is because pet insurance companies don't want you to sign up after the pet has already have become hurt or sick.

Pet insurance premiums do sometimes go up with age but the pet insurance premiums usually do not increase until your pet reaches older age.

As the pet ages they are more prone to medical conditions than those of younger age and buying pet insurance for an older pet will usually cost more than buying pet insurance for a younger pet.

Pet Insurance companies know about pre existing conditions by looking at and reviewing your pets medical records.

In order to get pet insurance the pet insurance company will need your pets medical records to check for the health of the pet you're insuring.

If the pet has a pre existing condition they will usually be insured but not for that pre existing condition.

The best and least expensive pet insurance is through Embrace Pet Insurance.

You can also get pet insurance though your insurance company and save money by bundling the pet insurance with auto insurance, home insurance, renters insurance etc.

Embrace Insurance and Nationwide Insurance as well as PetFirst have the cheapest Pet Insurance.

When your pet dies the pet insurance will sometimes pay out after your pet dies or you can transfer the pet insurance to another pet.

Some pet insurance will also pay out for euthanasia but not cremation or some will pay both.

You can get pet insurance after diagnosis.

However the pet insurance will not cover any costs for conditions that existed before the pet insurance was bought but the pet insurance can still be used and will cover any future conditions that your pet gets.

It is worth it to get pet insurance if you take your pet to the vet or if you foresee any health issues with your pet.

Also if your pet happens to need medical care or an emergency pet visit such as surgery, illness etc then having pet insurance can be worth it.

The best pet insurances are healthypaws pet insurance.

Nationwide pet Insurance.

Trupanion Pet Insurance.

Embrace Pet Insurace.

Pet First Pet Insurance.

Homeowners insurance will cover dog bites if you get a dog bite insurance policy along with your homeowners insurance.

Homeowners Insurance does cover dog damage to someone else's home if your dog damages someone else's home or bites someone.

However if your own dog damages your own property or bites you or your kids then your homeowners insurance does not cover that cost.

Most Homeowners insurance do not ban a specific dog breed but if the dog has a history of biting or injuring people then they may not allow the dog on the insurance policy.

Common Dog Breeds that some homeowners insurance companies may not allow are.

Pit Bulls.


American Bull Dog.

American Pit Bull Terrier.

State Farm Insurance will usually cover Pit Bulls and will offer homeowners insurance even when you have a pit bull.

State Farm Insurance and most other insurance companies considers each dog's personal bite history to assess its insurance risk rather than having a rule that impacts every dog from a specific breed.

State Farm offers pit bull owners access to homeowners and renters insurance policies.

State Farm does not have any dog breed restrictions.

However if you do have a dog such as a Pit Bull or other dog that can seriously harm someone with their bite or even kill them then they may not want to sell you an insurance policy.

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