Best Pet Insurance in Maryland (MD) 2022 – Forbes Advisor

Here is an overview of the basics of pet insurance plans.


Like other types of insurance, the cost of pet insurance can vary. Here are some common factors that will determine your pet insurance premiums:

  • pet breed
  • pet’s age
  • Animal sex
  • Where you live
  • Annual maximum, deductible and level of reimbursement


Your deductible is the amount you must pay out of pocket for covered pet care expenses before your pet insurance coverage takes effect. . The lower your deductible, the higher your premiums will be.

Reimbursement level

Pet insurance plans also have a level of reimbursement that applies once the deductible has been reached. With some plans, you can choose a reimbursement level as low as 50%. But coverage of up to 100% of vet bills up to annual limits can also be purchased. The higher the reimbursement percentage, the higher your premiums.

Annual coverage ceiling

Many pet insurance plans have an annual coverage cap, which sets them apart from traditional health insurance plans for people. For example, it’s common to find pet insurance plans with annual limits of $5,000 or $10,000.

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