When my dog hurt her knee earlier this year, I was relieved knowing that if she ever needs surgery for it, I'll be able to afford the treatment.

While pet owners face many expenses, vet bills are often one of the biggest. Routine care averages $225 for dogs and $160 for cats according to the ASPCA, not including preventative medication. Expenses are much higher if there are problems, and more than 40% of pet owners report that costs prevented them from getting care.

Vault’s Viewpoint Pros and Cons of Pet Insurance What You Can Expect To Pay for Pet Insurance The least expensive pet insurance is accident-only, which helps pay if your pet breaks a bone or swallows a foreign object but won’t cover vet expenses if it gets sick.

Explore the best pet insurance plans for senior dogs. Our guide covers key features and tips for choosing complete care for your canine companion.