Most companies offer insurance policies to cover cats and dogs, and it’s quite easy to get these animals insured. But you may experience difficulties insuring smaller mammals like lizards, snakes, and parrots as they have debatable value because of their short lifespan. However, most companies do not provide an insurance cover for exotic pets like lizards snakes and parrots because they are unusual pets. But if you find an insurer for them, you might also want to take a critical look into the costs of covering them. There are no insurance policies for venomous animals, making liability insurance the only alternative available.
Pet insurance is a reimbursement model as you will need to pay the initial cost of your pet’s visit, and then submit a duplicate, itemized receipt to your pet’s insurer with a completed claim form. Insurance companies usually process claims within a month, after which you will receive a reimbursement check from them. Like people insurance, pet policies come with a variety of co-payments, deductibles, and premiums.
There are 3 types of pet insurance coverage to cover different types of risk: