On average, pet insurance for a dog costs $59 per month. Removing the most expensive insurer (Trupanion) brings the average cost down to $55 . These costs cover a 7-year-old Labrador with a $500 deductible. Annual reimbursements capped out at $5,000 at 70 to 80% of vet costs.Is pet insurance worth the cost?
If not, pet insurance might be worth considering. Pet insurance helps cover the cost of medical care for your furry friend. It can reimburse you for expenses like cancer treatment, emergency care, prescription medications and surgery.