The scope of coverage, benefits and limits varies so much not only from company to company but from one plan to another. For example, VPI who has rebranded as Nationwide has plans for $10-$15 per month and they pay according to a benefits schedule thatís preset and wonít reimburse much and only cover accidents and illnesses. Then they have a plan, I think itís called whole pet or whole pet with wellness, which covers 90% of all vet bills and offers full genetic health coverage, etc.
Just like you mentioned with your friend and her dog thatís suffering from a tumor, pet insurance is a bet on the future. Itís insurance against unexpected health problems. Personally, since boxers have a lot of major hereditary health problems (Iíll add a list to the end of my reply) any of which can cost $5,000, $10k or even $20k and higher Iíd rather pay $40-$70 per month than take a chance and be forced to choose between putting my dog down or paying thousands out of pocket at the time of treatment.
While some plans donít cover genetic stuff the most popular major ones do. These are healthy paws, embrace, petplan and trupanion. There may be others but those I know for sure. They all offer similar coverage but also their coverage varies on reimbursements, copays, limits and nitty gritty genetic coverage details. I found a chart that compares them in a format that was really easy for me to understand. Iíll add that to the end of my reply for you too.
Accidents are covered, teeth are usually not covered unless it's something like an accident that causes major injury to the mouth or teeth depends on your insurer though. There are plans for just injury related, wellness care, and every full plan from the providers I mentioned covers cancer, tumors, etc. . I know that what pet insurance doesn't cover are pre existing conditions that occur before coverage begins, even if they haven't been formally diagnosed. It's hard to say whether or not you would need it sometimes so it depends on your judgement whether its worth it for you and your family and if you can afford to pay out of pocket.
I realized before I adopted Rocky that his likelihood of health problems was too high for me to risk it and since heís adopted I really donít have much of his past. Iím still trying to research more about it for Rocky before anything happens and see what different plans can cover him. I plan on running my findings by my vet and let you all know how it goes! Seems like there's a lot of mixed feelings whether insurance is worth it or not best answer Iíve found is maybe, it depends on your situation and your dogís unique health risks. http://www.allboxerinfo.com/boxer-dog-health-problemshttps://www.petinsuranceu.com/compare-pet-insurance/