Many insurance companies offer different policies based on type and age of the pet. Consider this, insuring a mongrel is far cheaper than insuring a pedigree, and insuring a dog will be more expensive than a cat. Basic pet insurance policies normally cover veterinary bills and even minor surgeries. A comprehensive policy though can go as far as covering the service charge of a pet psychologist or costs of cancelling a planned vacation if your pet needs you at the 11th hour. Treating a dog with a heart ailment can cost as much as 1,000, while treating a cat with a broken leg can cost as high as 300. Spending For Cats Rockets Various in the UK have discovered a sharp increase in the spending of cat owners for their beloved pets. The average cat owner exhausts an average of 476 annually. Pet owners should select an insurance policy that does not restrict treatment to the first year before the pet requires any long-term care. Various studies show that over 95% of vets insist that pet insurance is a must for pet owners in order for them not to be showered with huge bills in the event that their pet becomes sick or needs continuous medical care, added Mr Hollebon. Veterinary bills eat up a major part of a pet owner s budget and will be added up with unexpected costs such as renting boarding kennels or hiring pet sitters. Given the wide selection of pet insurance available in the market, customers should be very careful studying the terms and policies offered by each company. However, choosing the right pet insurance can be daunting given the huge selection of pet insurance available in the market. A pet owner needs to carefully study the background of the insurance company and policies offered before making a final selection. Aspiring pet owners should know that the hobby is not cheap and would require a huge amount of their time. It has been providing premium pet health care services to different pets (dogs, birds, exotic pets, cats) since 1982. Services include veterinary consultations, surgeries and diagnostic exams. The company is underwritten by Veterinary Pet Insurance Company. Some pet insurance companies do not have the proper processes to claim their pet insurance policies.