What is pet insurance?

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Pet insurance is like health insurance for your dog or cat.

It helps cover the cost of veterinary medical care for your pet, which as pet owners know can be pretty expensive. There are several pet insurance companies and a range of plans available. Depending on the age and breed of your pet, where you live, and the level of coverage you select, the cost of pet insurance usually ranges from $10 to $60 per month.

There is also pet insurance for exotic pets, like reptiles, ferrets and birds. Currently only one company - VPI - offers insurance for exotic pets.