11-Aug-2016 03:36 by 7 Comments

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Years ago, pet owners had access to only a handful of businesses offering animal services and supplies. But new pet businesses are cropping up every day to fill the demand of this growing breed of consumers.Today, we spoil our pets with all kinds of luxuries, such as gourmet pet cuisine, upscale hotel accommodations and even pet “dating” services.

Naturally the nearly 85 million pet parents in the U. today seek out the places where their beloved companions can enjoy the highest standard of living — hopefully at the most reasonable cost.

But it also can invite unforeseen challenges, especially of the financial variety.

For advice to aspiring pet owners, we asked a panel of experts to weigh in with their thoughts on the following key questions: What are the pros and cons of purchasing pet insurance? This depends on your circumstance and the age and overall health of your pet.

So if you are going to buy insurance, it is best to get it before any health problems crop up.

In any event, if one is considering pet insurance, s/he should shop around and make sure to understand the details of what is covered, what the deductible is, and how claims are processed and paid.

Beware of obesity in your pet, as it will contribute to long-lasting medical issues, which can be costly to manage (not to mention painful and uncomfortable for your pet).

With your veterinarian’s guidance, get the vaccines and preventatives that are appropriate for the geographical area and lifestyle of your pet.

Unfortunately, many pets are euthanized because the guardian does not have sufficient funds to pay for a severe illness or injury.

Insurance could be helpful in avoiding these results.

My experience with pet insurance is largely anecdotal, since I never buy it for my companion animals.

The pros are that insurance can cover many unexpected health problems, like accidents and illnesses.

With pet parents in mind, Wallet Hub’s number crunchers compared the creature-friendliness of the 100 largest U. Scroll down for the winners, expert pet advice and a full description of our methodology.

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