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Step 1
Compare the deductibles available verses the price of the policy. A human's medical insurance that has a higher deductible more than likely has a lower monthly premium. However, with pet insurance, this is not always true. Most pet insurance policies have a $100 or $50 deductible.
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Step 2
Compare the reimbursement percentage for a claim after the deductible. Most companies have a percentage of what they will pay per claim after the deductible. If your claim was for $1,000 with a $50 deductible and an 80 percent reimbursement, you would be reimbursed $720 for a claim of $1,000.
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Step 3
Compare the allowed benefit schedule. Some companies will only have an allowed amount for a specific visit. For instance, if your dog has lacerations and wounds from another dog that attacked him, some companies may have a benefit maximum allowance for any treatments, which means that you would pay more. You would have to pay the deductible and any amount over the allowed treatment cost.
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Step 4
Compare the monthly rate and what the coverage will pay for if something happens to your pet. Most quotes and insurance policies are for accidents and illnesses. They do not cover wellness care such as shots and annual checkups.
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Step 5
Make sure you do not have to use a specified veterinarian for the policy to pay. Some companies may suggest you use a vet that is part of their circuit, which may not be a good fit for your pet if he already has a vet he likes.
