Is pet insurance the way to go? Well, it depends on you and your pet. Think about why you might want pet insurance?

Is it because you would do anything for that pet? If that’s the case, then paying monthly premiums in exchange for coverage in an emergency would really work to your advantage if something ever happened to your pet. On the other hand, if you are not willing to spend more than $400 on a pet anyway, then obviously pet insurance would be a waste of money for you.

But ask yourself this, if you can’t afford the $500 vet bill your dog needs, what will happen to your dog? Will you put her to sleep? Let her live with an illness or injury? Ask others for money? Use a credit card? Dip into savings? These are questions you should be asking yourself before an emergency occurs. And with pets, you never know when something might happen.

Reasons to buy insurance for your dog and cat include being prepared in an emergency, peace of mind and treating your pet like the member of the family he or she is. Reasons not to get pet insurance might be because you are financially stable and able to pay out of pocket as things come up or you have multiple pets and can’t afford premiums for five or six dogs.