Have you ever heard of, or experienced, an unexpected vet bill? We have found many stories courtesy of google, so it begs the question, is there anything we can do as pet owners to try and save on vet bills? We think, yes! Here are our top suggestions for you to consider.
Be prepared for pet expenses
If you decide to get a pet, there are a number of preparations you can make.
- Educate yourself on the type of pet you want, and ensure it suits your lifestyle and budget. Getting a large purebred dog that requires lots of exercise and food may not suit a single adult who travels and goes out a lot. Often an expensive dog can mean an expensive vet bill too, so be sure to do your research.
- Implement a savings plan. By budgeting a certain amount each pay into a savings account will help you greatly with an unexpected vet bill or one that is not covered by insurance.
- Consider Pet Insurance. Pet insurance can be a life saver. Some can cover you up to $15,000, but make sure you compare a number of providers carefully and understand there are still certain events/illnesses that are still not covered.
Look After Your Pet’s Health
Being observant of your pet can alert you to possible health problems early, which can be far easier and cheaper to manage, rather than waiting for a serious condition to develop. Simple things you should do include:
- Ensure they get exercise and don’t overeat. Overweight animals often can develop heart disease, diabetes and other costly disorders.
- Be wary of any changes in their daily routine. If their toilet habit changes, have increased irritability, movement issues or even develop very bad breath, get it checked out early.
- Keep them in well fenced properties, fully vaccinated and if you don’t want to breed them, have them sterilised. Preventing them from getting out and injured, infested with parasites or unexpectedly pregnant can save you a lot of expensive vet bills.
I have just got a large vet bill – How can I pay for it?
How can you save on a vet bill that has already arrived? Here are some ideas to help you afford the bill.
1. Ask the Vet if you can do a payment plan. Some vets will offer a payment plan service so you don’t have to pay the entire bill in one hit.
2. Check your pet insurance cover. If you have taken out pet insurance, don’t forget to check the policy and if you can, lodge a claim to assist with the vet bill. Be mindful though, depending on the insurance, you may still have to pay an excess amount.
3. Get a pet loan. At Fair Go Finance we have personal loans to assist with vet bills and any pet expense. Taking out a personal loan rather than using a credit card, means you will have a set regular repayment you can budget for, and you can know exactly when your loan is repaid.