Generally, yes.
Can you pay $8000 to save your cat that was hit by a car? How about a $5500 cruciate ligament surgery for your dog? While services at general practice veterinarians have gone up in price, emergency clinic costs and specialist fees have risen dramatically. Trupanion’s highest claim payout so far in 2022 in Oregon is over $14,000 for a single claim in a cat with respiratory disease.
Insurance is for those unexpected costs. Sure, you know you will have veterinary bills, but outside of preventive care, you never know when or how much. If you are exactly average, you will pay a small amount extra every month more than you receive in coverage. The insurance company has to cover its operating expenses.
You get peace of mind - an unexpected illness or injury to your pet won’t be as financially painful.