Pet Insurance Comparison - The Importance of Like for Like Quotes

Proper comparison of pet insurance quotes needs to take a number of different factors into account.

Price is clearly one of the main factors but it shouldn't be the sole basis on which you make your judgement.

Here are a few more areas to think about below to help you make your pet insurance comparison.

Policy excess

Often a decision needs to be made regarding whether to go for a low annual pet insurance premium with a high excess or a higher premium with a more affordable level of excess if you need to make a claim.

Pet insurance comparison sites may differ on how they lay all the information out. Make sure you don't just look at the annual or monthly premium figures, but also take the excess level into account so you don't get a nasty surprise if you have to claim.

Interest on monthly payments

Another pet insurance comparison factor to think about is the total cost of your policy. For example a comparison site may display the total cost if you pay in one go rather than by instalment.

Every pet insurance provider will have their own interest rate for providing credit for monthly direct debit payments. This means that one initial quote may actually be more expensive than one you turned down once you've factored in the amount of interest you'll have to pay over 12 months.

Level of cover

Comparing pet insurance policies also needs to take the level of cover into account. You could get what seems like a very cheap quote compared to the rest you've seen, but this could be because the level of cover for things like vet bills is much lower.

Make sure you don't get caught out by this by studying the details carefully, especially if you're making your pet insurance comparison online.

Lifetime cover

Lifetime cover is a good pet insurance option if your dog or cat gets a long-term condition such as diabetes or asthma that needs regular treatment by a vet.

The downside to this cover is that if the worst does happen, you then have to stay with the same insurer for the duration of any ongoing treatment. This could mean you end up paying more than you have to for pet insurance over the years.

Comparing pet insurance policies may not be near the top of your list of priorities but it really is worth taking the time to find the right policy for you and your beloved animals.

Additional articles about cat insurance

About the author

The Co-operative Insurance has two main levels of pet insurance cover for you to compare for both cat and dog insurance policies.

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