Skip to Main Content

Start Of Main Content

How pet medical insurance can help you budget

Provided by Trupanion

No pet owner wants the stress of a sick pet or unanticipated bills. Pet medical insurance can help you budget for those moments.

Woman setting up a pet savings account with her dog

Financial wellness is a goal for most families. And if your family includes pets, you may have some unexpected veterinary bills in the future. No pet owner wants the stress of a sick pet or unanticipated bills. Fortunately, pet medical insurance can help you budget for those moments. Read on to learn more about the benefits of preparing your finances with your pets in mind.

Pet medical insurance for the unexpected

When you have a new puppy or kitten — or perhaps you've adopted a dog or cat who's a few years old — the unknown can happen at any time. An accident at the park may result in a trip to the hospital with thousands of dollars in veterinary care. Are you prepared if your pet becomes sick or injured?

Pet medical insurance can help you plan for the future and deal with those unexpected medical costs. For instance, if your dog or cat needs hospitalization, surgery, or medication, your pet’s medical insurance can help with the bill while you focus on your pet. Our pet medical insurance provides pet owners an advantage by offering unlimited coverage on eligible conditions and we won’t drop your coverage just because your pet is unlucky.

Pet savings account

Many owners look to open a pet health savings account to help with those unexpected veterinary invoices. While a pet savings account can be helpful for healthcare you know is coming, it’s not always the best bet when thinking about the lifetime of your dog or cat’s care.

It’s hard to predict what will happen to your pet — or when. Even if you put away $50 into a pet savings account every month, what happens if your pet has a $1000 issue during the second month of saving? Or if you do have to use the money you saved up, how long will it take you to replenish the account? Because of this uncertainty, a pet savings account might not be the right move when you’re looking for help with unexpected costs.

Fortunately, a pet savings account can help you plan for predictable costs such as wellness exams, preventative care and vaccinations. We recommend doing your research and understanding your own budget as you look into financial planning for your pet’s care.

Plan for your pet’s future

Your pet is a part of the family. Unexpected costs can take a toll on your bank account. But by preparing for the unexpected with pet medical insurance and expected costs with a pet savings account, you can have the peace of mind your pet will have the coverage they need when they need it most. Contact your State Farm® agent today to discover how a State Farm Trupanion Pet Medical Insurance policy can help be there throughout your pet’s life.

We love informed decisions. See the Trupanion policy for full coverage details.

Trupanion is a registered trademark owned by Trupanion, Inc. Underwritten in Canada by Omega General Insurance Company and in the United States by American Pet Insurance Company, 6100-4th Ave S, Seattle, WA 98108. Please visit AmericanPetInsurance.com to review all available pet health insurance.

The information in this article was obtained from various sources not associated with State Farm® (including State Farm Mutual Automobile Insurance Company and its subsidiaries and affiliates). While we believe it to be reliable and accurate, we do not warrant the accuracy or reliability of the information. State Farm is not responsible for, and does not endorse or approve, either implicitly or explicitly, the content of any third party sites that might be hyperlinked from this page. The information is not intended to replace manuals, instructions or information provided by a manufacturer or the advice of a qualified professional, or to affect coverage under any applicable insurance policy. State Farm makes no guarantees of results from use of this information.


Select a product to start a quote.


844-373-0003

Also Important

Pet Proof Your Home in a Snap

Pet Proof Your Home in a Snap

Before you head out for a game of fetch, try these tricks to create a safe environment for Rover, Fido, and every other pet member of your family.

Driving Safely with Pets

Driving Safely with Pets

Is your pet free-ranging in the car? Better check local laws and crate or tether her up.

Related Articles

It's Not the Breed, It's the Bite

It's Not the Breed, It's the Bite

Dog bites can impact children even after scars heal, so use caution around canines.

Pet-Friendly Fixes for Inside and Out

Pet-Friendly Fixes for Inside and Out

Maintenance must-dos help keep your home and yard safe for your family's furriest members.

When Your Dog Bites

When Your Dog Bites

Pet owners are responsible for their animals' actions, so know how to prevent dog bites.