Follow these simple tips to avoid paying more than you need to on pet insurance:

Compare Quotes. Do look at several different policies, and bear in mind that going for a slightly more expensive premium could save you money in the long run, as it may offer more incentives and better cover.   Always read the small print before committing to a policy. 

Do consider smaller independent or specialist pet insurers, as they often give better rates than the larger companies and offer just as good a service.

Check the Excess.  This is a fixed sum (usually around £25-65) that you agree to pay each time you make a claim.  If your pet’s treatment comes to less than the amount of the excess, you won’t get any money at all.   You can reduce your monthly premium by agreeing to a larger excess – but it may not be worth it if you significantly reduce the payout you’ll get for any claim.

Be Wary of Payout Caps.  Similarly, insurers may specify a maximum amount they will pay out each year, or for each health condition.  Even if the insurance initially appears to be cheaper, you will lose out if your pet has recurring health problems and the amount you are able to claim is capped.

Start Young.  You may struggle to find insurance if your pet is over a certain age, usually about eight years old, and premiums will be higher.  With this in mind it is best to take out insurance while your pet is still young, and if you go for life-long insurance you are guaranteed cover for as long as your pet lives.