Can you get pet insurance after your pet gets sick?
CBS News · Angelica Leicht ·
A recent illness doesn't necessarily put pet insurance out of reach, but it can change what a policy covers.
Pet insurance can be easy to put off when your pet is healthy, particularly when many people's finances are being stretched by things like high inflation and rising prices, as they are in today's economic landscape. The monthly premium may feel like one more expense for coverage that might not be needed anytime soon. But that calculation can change quickly after an unexpected trip to the veterinarian — especially when the visit ends with a diagnosis and a sizable bill.
At that point, buying pet insurance may suddenly move much higher on the priority list. After all, one health problem can raise concerns about what the next vet visit could cost, whether more treatment will be necessary and how much another unexpected medical issue could strain the household budget. The challenge is that a pet's recent medical history can also change the insurance options available.
So, waiting until after a pet gets sick doesn't necessarily make the decision straightforward. Before purchasing a policy, pet owners need to know how insurers are likely to view that recent illness, what restrictions could come with a new policy and how much financial protection the coverage could actually provide from that point forward.
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