Pet owners have to really think twice before deciding to get a pet insurance. One of the factors that go against the concept of taking a pet insurance is the maximum limit that is placed on the pay out by the insurer. Pet owners might be making a claim for several thousands of dollars. But they get only a fraction of the amount claimed, because of the limits placed by the insurer. Moreover, if the pet already has some ailments at the time of taking the coverage, the pet owner cannot make a claim on the treatment done related to the pre existing condition.

Instead of opting for a pet insurance, the pet owner can actually create an emergency fund and ad some amount on a monthly basis instead of paying the monthly premium. Whenever need arises, the pet owner can take the money from this fund and provide treatment to the pet. There is no need to worry on whether the pet insurance would cover the treatment procedure. The veterinary bills can be paid by the using the amount that has accumulated in the emergency fund. One more reason to avoid pet insurance is that related to the time frame of claim made. If the claim is made within a few months of taking insurance, pet owner gets back only a small portion of the claimed amount.