Pet Insurance have literally saved us thousands of dollars last year. In this video, I'm sharing our real live expenses to show you how having insurance have benefitted and saved us a lot of money.
Should I get Dog Insurance
Should I get dog insurance? I always advised my friends or clients who have pets to get insurance. I created a video below talking about it.
The Pet Insurance we use is Pet's Best. We've been using them the past 2 years and have been very happy with them. Here is the link https://www.petsbest.com/PH6571093
I absolutely encourage and support everyone to get dog insurance. The policy we have for both dogs cost $250 and $182 yearly for the older 5 year old and the younger 1 year old pup. Our policy is a thousand deductible and 90/10 coinsurance. What this means is we pay the first thousand for "qualified" expenses. This would be anything the insurance do not exclude like pre-existing conditions and whatever your contract exclude. After the first thousand, we only pay 10% of the cost. So for example, if our dog have a $10K surgery that's considered a qualified expense. We pay 10% co-pay, which would be $1K then $9K will be counted towards the deductible. Since our deductible is $1K, they'll pay the rest above that, which would be $8K. So our total out of pocket expense for this $10K surgery is only $2K and 80% is being paid for by the insurance.
Take care of your babies. Get pet insurance. You won't regret it.
How to budget for a new pet dog
Before getting too excited about getting a new addition to the family. In addition to the emotional and time investment, be prepared for the financial responsibility as well. I thought it would be good to write a blog detailing all the expenses you will incur the first 2 months since we've only had our dog for 2 months at this point. In addition to the financial breakdown, I'm listing out some tips for first time dog owners that I've learned from my first experience adopting a dog in this country. It's definitely not the same as owning a dog in Asia!
There will always be new things to learn from being pet parents but the above are the most important in my opinion or at least should get you started on the right foot. So to date, I have spent $1800 in 2 months for my dog and they went mostly to what I've listed above.
I'm very happy to say despite the expenses and time, she's a great joy to be around. She's always so excited to see us when we get home, she's very playful and loyal to us and provides a lot of laughter due to the little cute stuff she does.... Below are some photos of her. She is turning 3 years old in August and currently weigh 36 lbs. She is of a Jindo (South Korean breed) and we also named her Jindo. Who names their dogs the breed, probably no one so we are unique 😄
Update for 2019: We just got a second dog in May. I will write a separate blog on that as well. Stay tuned 🙂
what can I say, she's content 😇
waiting calmly while we eat our lunch at a restaurant