In the 21st century, the definition of exotic pets has increased to almost uncomfortable levels. It is possible to find your neighbor with a tiger, a monitor lizard, among other wild animals. It would be unwise for any insurance company to judge. They have therefore provided a policy named exotic pet insurance. The plan ideally encompasses all facets of living with a possibly dangerous animal. Here are some of the reasons why exotic pets are insured and what the policy covers.
Why exotic pet insurance
Some of the exotic pets are needless to say expensive and rare. It means they cost a fortune and possibly a significant investment. Medical treatment for the pets is always expensive considering it is not a norm. Some of them may require surgeries. The exotic pet insurance is a health plan to protect our pet just like human health plans.
Exotic pets require special care and treatment. They need specialized veterinarians. It is not easy finding one that treats iguanas. To have such a veterinary doctor on call, it comes at a cost. Housing for exotic animals is also costly. For wild pets, one is required to recreate the natural habitat of the animal as much as possible. In the case of any eventualities, it is comforting to know compensation will happen for the pet’s expensive lifestyle.
Most of these exotic pets are wild animals. They are not friendly to human beings. A snake in the compound is bound to bite someone unaware of its existence. With the vindictive human nature, they tend to exploit such situations to the fullest. It means the possibility of lawsuits when you have an exotic pet is most likely. An unusual pet insurance will cover for the suit and damage caused to property when a pet escapes.
Coverage of an exotic pet policy
The exotic pet policy will vary depending on the location of where it is housed and what type of an animal it is. Expensive animals tend to have more expensive plans.
1. Veterinary fee
The policy will cover expensive medical expenses such as emergency surgeries. The treatment will vary depending on the injury or illness. Exotic pets do not show signs of illness at an early stage. It is a natural wild adaptation. Showing weakness in the wild makes the animal vulnerable to predators.
Thieves may target exotic pets due to their value. Most of the animals that qualify as exotic pets are too expensive. An exotic pet policy will ensure proper investigations and compensations take place.
3. Third-party claims
The policy covers any claim made by individuals with bodily harm caused by the exotic pet. The cover includes damage caused to private property in case the pet escapes. Escapes are most common, especially in orphanages and sanctuaries.
An exotic pet comes with too much unplanned for uncertainties. Having a pet insurance policy is a wise decision. For those who keep rather dangerous animals. It is recommended to provide your pet with the most secure housing as much as possible. The insurance policy might not be able to help you completely in case of loss of life.