Pet Insurance by Nationwide® | The Companion

Saving money for pet owners

Written by By Nationwide | Feb 23, 2023 8:36:50 PM

You always do the best for your pet. However, the price of pet care is increasing and, with the potential for a rocky economic future, it doesn't hurt to tuck a little extra away just in case. Here are some ideas to help you save a little more dough.

DIY delights

Pet treats and accessories can get expensive fast. Here in the Companion, we regularly feature fun ways to make DIY treats for dogs and DIY cat treats at home.

When Halloween comes around, make your own Halloween pet costume rather than spending money at the pet store. Experiment and see which ones delight your pup or kitty the most!

Regular pet checkups

Spending money at the vet to save money may sound counterintuitive, but taking your pet in for regular checkups is one of the best ways for pet owners to save money and maintain your pet's optimal health over the long term. Often, injuries and illnesses can be cared for in a cost-effective manner early on but go unseen by pet parents until the necessary care is difficult and invasive.

In addition, a lot of people aren’t financially prepared for a surprise vet bill. It’s not uncommon for veterinary care to cost several thousand dollars, and many pet owners end up taking out loans or going into debt to cover costs.

Currently, interest rates are higher than they have been in years, which means the same procedure could cost you even more. Which brings us to the next topic….

Pet health coverage

Even healthy pets can get sick or hurt unexpectedly. When that happens, having pet insurance offers reimbursement for eligible veterinary bills.

When a pet requires a costly procedure or hospitalization for a serious injury or illness, pet insurance can help reduce the financial impact. That way, your pet can always get the care they need, while you can protect your pocketbook.