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Health & Fitness

Financial Planning for a Pet Emergency

It's important to have either pet insurance or a financial plan for pet emergencies.

Pet owners need to have a financial plan to cover pet emergency veterinary care. Westgate Pet Clinic in Minneapolis commonly sees pet’s requiring emergency care, orthopedic surgery or referral to a specialist with invoices over $2000. Only 2% of pet owners currently have pet insurance, but many are wondering if this is a viable option for their family.

Traditionally a rainy day fund, unused credit card balances and borrowing from family/friends are the best options in an emergency. Another option that Westgate offers is CareCredit from CareCredit.com. Payments are extended over 6 months or more but carry a heavy interest penalty if not paid on time.

The Westgate Pet Clinic knows from personal experience that many of our clients could benefit from pet insurance coverage. Many of our clients would never hesitate to provide emergency care for their pet, but they don’t have a rock solid financial plan. If you are in that category, please consider pet insurance. BUT do it in consultation with a knowledgeable Westgate Pet Clinic veterinarian. Your local family veterinarian is not associated with any insurance company and gets no direct or indirect benefit from any insurance company.

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Log on to westgatepetclinicmn.com to read this months featured article: the Top 10 Reasons Clients Decline Pet Insurance.

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