Sometimes, pets do things that they really shouldn’t do. They swallow a sock that’s lying on the ground like it’s an afternoon snack. They decide to nibble on a piece of food that you left unattended on a kitchen counter or take a bite out of a toxic plant that’s nestled in your front garden. They get into a fight with a neighborhood stray or take a dangerous leap off a balcony and hurt themselves on the way down.
All of these things will lead to an emergency trip to the vet, and of course, a big bill after your furry friend is patched up and ready to go back home. How can you be ready to pay for this crucial expense?
Make an Emergency Fund
This is exactly what emergency funds were made for! You can’t ignore your sick or injured pet, and you certainly can’t wait to rework your budget and save up money for the bill that you’re bound to get by the end of the appointment.
With an emergency fund, you can rest assured that you can pay to cover your pet’s treatment as soon as possible. You can dip into those savings immediately and deal with the bill the moment that it’s handed over to you. It’s that simple.
How do you get started? Look over your budget to see how much you can afford to set aside in emergency savings every month. Put those savings into a separate savings account, away from the money that you’ll use for everyday spending. Repeat this step every month and watch the balance in your fund grow. Within a year, you’ll have a substantial safety net to fall back on when something goes wrong.
Look Up Emergency Loans
Another thing that you can do is look up your options for emergency loans. It’s always important to have a backup plan for when something goes wrong, like when you don’t have enough emergency savings on hand to cover the bill.
Whatever your reasoning, you can turn to an emergency loan when you don’t have many options available. Where can you get one? You can go to a website like CreditFresh to apply for personal loans available in your home state. If your application gets approved, you should be able to use the borrowed funds to cover the costs of your urgent vet trip in a short amount of time. It will also give you some time to manage the repayments at a steady pace.
Get Pet Insurance
Another thing that you can do to prepare for emergency trips to the vet is to get pet insurance coverage. You can choose coverage for accidents, accidents and illness, or wellness (routine treatments and preventative care). For the sake of emergencies, you’ll want to choose a plan that covers both accidents and illnesses to reduce the costs of urgent treatment.
If you’re on the fence, look at these tips for buying pet insurance to guide you toward the right decision.
Get a Discount Plan
There are also pet health discount plans that can help you reduce the costs of veterinary treatment. With a discount plan, you typically have to pay an annual fee to maintain your membership instead of a monthly premium. So, if you can’t afford to sign up for insurance coverage, you should look into this option. Talk to your veterinary clinic about it!
Handling a sick or injured pet is hard enough. Now you don’t have to worry about how you’re going to handle surprise vet bills, too.