# Is Pets Best Insurance worth the investment for pet owners?

Amelia Palmer · August 5, 2026

> Pet insurance can be a financial lifesaver, especially considering that veterinary care costs have been rising steadily, with some estimates indicating...

Pet insurance can be a financial lifesaver, especially considering that veterinary care costs have been rising steadily, with some estimates indicating an increase of over 50% in the last decade.

According to the American Pet Products Association, pet owners in the US are expected to spend approximately $31.4 billion on veterinary care in 2025, highlighting the potential financial burden that pet emergencies can impose.

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A study published in the Journal of the American Veterinary Medical Association found that nearly 1 in 3 pets experience an emergency at some point in their lives, underscoring the unpredictability of pet health.

Many pet insurance policies cover not only accidents and illnesses but also routine wellness care, which can help offset costs associated with vaccinations and preventive care.

Pets Best, like several other companies, allows pet owners to choose their own veterinarian, providing flexibility in managing pet health care.

Behavioral health treatments for pets are increasingly covered by some insurance plans, reflecting a growing understanding of the importance of mental health in animals.

Pet insurance is often more affordable than many people assume, with average monthly premiums for dogs ranging from $30 to $70, depending on age, breed, and coverage level.

A significant factor influencing pet insurance costs is the breed of the pet, as certain breeds are predisposed to specific health issues, which can lead to higher premiums.

Major medical conditions, such as cancer or diabetes in pets, can cost thousands of dollars in treatment, making insurance a worthwhile consideration for many pet owners.

Some pet insurance policies have a waiting period before coverage begins, which can range from a few days to several weeks, making it crucial for pet owners to enroll their pets before any known health issues arise.

The concept of "pre-existing conditions" is important in pet insurance, as most policies will not cover health issues that existed before the policy was initiated.

A 2021 survey revealed that only about 25% of pet owners have insurance for their pets, indicating a significant gap in financial preparedness for unexpected veterinary expenses.

An analysis by the North American Pet Health Insurance Association shows that claims for conditions like skin allergies, dental diseases, and ear infections are among the most common, highlighting the need for coverage.

Some policies offer “wellness plans” that cover preventive care, which can include vaccinations, flea and tick treatments, and annual check-ups, encouraging regular health maintenance.

Coverage options can vary significantly between providers, with some offering a wider range of add-ons, including alternative therapies like acupuncture and chiropractic care.

The insurance industry uses actuarial science to assess risk, factoring in variables like breed, age, and geographic location to determine premium rates.

Advances in telemedicine for pets allow for virtual consultations, which can be covered by certain pet insurance plans, providing convenience and accessibility for pet owners.

The rise of genetic testing for pets is influencing insurance policies, as some companies offer coverage based on the genetic predispositions to certain conditions, which can help inform preventive care decisions.

Some pet insurance companies are beginning to offer coverage for experimental treatments or advanced therapies, reflecting the rapid evolution of veterinary medicine.

As of 2023, usage of pet insurance is expected to grow, with more pet owners recognizing the value of coverage in managing the unpredictable nature of pet health and wellness.

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