Start a pet savings account5 of 7A potential alternative to pet health insurance for your dog is a pet savings account where you deposit money every month. "Sock some money away so major decisions don't have to be based on money. They can be based on what's best for the pet," Pinney says.With insurance, you won't get your premium back. With a savings account, you'll have money to spend on some other need if you don't use it on your dog.A pet savings account is a much cheaper approach that should cover most of your problems while you save money at the same time, Pinney says. However, he says health insurance is a good financial choice if you live where veterinary services are expensive.Hickton says a savings account is a great idea, but owners should have insurance in addition to savings because you may not have enough in a savings account to cover every expense. Related Articles:Great jobs for animal loversDogs on insurance blacklistInsurers bite 'bad dogs'Puppies for saleRelated Links:Pet safety when travelingHelp with pet health careFinancial plan for petsMaking pet travel easy advertisement
A potential alternative to pet health insurance for your dog is a pet savings account where you deposit money every month. "Sock some money away so major decisions don't have to be based on money. They can be based on what's best for the pet," Pinney says.
With insurance, you won't get your premium back. With a savings account, you'll have money to spend on some other need if you don't use it on your dog.
A pet savings account is a much cheaper approach that should cover most of your problems while you save money at the same time, Pinney says. However, he says health insurance is a good financial choice if you live where veterinary services are expensive.
Hickton says a savings account is a great idea, but owners should have insurance in addition to savings because you may not have enough in a savings account to cover every expense.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.
By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.