Annual Cover Dog Insurance - Why Annual Cover Is the Cheapest

Annual Cover Dog Insurance

If price is the most important factor for you, then you should certainly go for annual cover dog insurance. It is the least expensive of all other types of policies. The simplest explanation for this is that it is the most restrictive as well. This, however, does not mean that it cannot be useful for your pet. Learn how it works and what its benefits and drawbacks are so that you can make a well-informed decision.

How It Works

The annual cover dog insurance has a set validity period of 12 months. The different companies set the period differently. The period can begin from the moment you purchase the policy or from the moment in which you make your first claim. Either way, the plan will expire eventually. This is one factor that lowers the price of this type of policy. With condition cover and lifelong plans, there are no time limits and consequently they are more expensive.

The other reason for the low price is the restricted amount of vet fees coverage. Again, the underwriter can choose to proceed in two different ways. There may be a cover amount cap per condition. Usually, the cap is the same for all illnesses and injuries. The idea is that you cannot claim more than the set amount. When you make a claim, the insurer will continue paying for your pet's treatment until the end of the policy period or until the entire amount is exhausted.

One important thing to note is that owners are allowed to make a single claim per condition. You can, however, make multiple claims during the year provided that they are for different illnesses and injuries. The limitation of one claim per condition is another factor adding to the low price of annual dog cover insurance.

The other way, in which the company can proceed, is to set an annual catch-all limit. Basically, there is a fixed amount of cover per year. This amount is divided equally between all the conditions which you make claims for during the year. This is generally a more flexible option as it can provide cover for more extensive treatments. However, if your pet suffers from more than one illness or injury, the available amount of cover per treatment will fall considerably and may not be sufficient.

Along with the vet fees cover, most annual cover dog insurance policies include third party liability cover, theft and straying benefit, advertisement and reward cover, boarding fees cover, holiday cancellation cover and a death benefit. These are considered standard and they provide for the comprehensiveness of the plan. Usually, you will not be able to remove them, but this should not be an issue as they do not add to the price of the policy greatly.


It should be pointed out that the exclusions from annual cover dog insurance policies are usually standard. Typically, flea control, vaccinations and castration and spaying are not covered. The same applies to pre-existing medical conditions. Sometimes, hereditary conditions are not covered either, but it is best to check specifically. Since these exclusions are standard for all types of pet insurance plans, they do not generally push the prices of annual policies down.

In general, all the other restrictions on annual cover dog insurance contribute to making it the cheapest pet insurance available. One interesting thing to note, however, is that the price each individual pet owner will pay for the same policy and for the same amount of coverage is different. This is because it is determined on the basis of a range of factors.

Premiums and Excess Fees

The premium is virtually the price of the annual cover dog insurance. It is the amount of money which you have to pay each year in order to keep the policy. It is usually possible to pay this amount in monthly instalments. Every time you make a claim, you will have to pay an excess fee.

With some annual pet insurance policies, the premium and the excess are fixed. However, most companies set them individually for each pet. They take into account the pet's age, breed and general health condition. The owners of older pets may have to pay more in the form of premium, excess or both. Similarly, if the canines from the respective breed are predisposed to various conditions which are difficult to treat, their insurance will cost more.

Your location may also affect the premium and/or excess on your pet's annual cover dog insurance policy. If you live in an area where there have been dog disease epidemics or where a lot of pet injuries occur, you will pay more. Similarly, if the vet fees in your area are higher than the average for the country, you should expect this to be reflected in the price of the pet insurance plan which you purchase.

You should not purchase annual dog insurance cover only because it is the cheapest. Figure out whether it will be useful for your pet depending on its age, breed and overall health. Take into account the amount of money you will be able to save on vet bills if you go for such a policy.