1. Under $50 per month
   $150 per month
2. $300 per month
   More than $300 per month

Depending on the level of coverage you choose, basic plans can start as low as $8 a month, with the average cost in the United States being $43 according to the Washington Post.

1. True
2. False

Like humans, even the most healthy pet needs wellness checkups, vaccinations, and other routine services that help improve their quality of life. Pet insurance can also help cover prescription expenses, not to mention accidents both small and catastrophic.

1. Just cats and dogs.
   Cats, dogs, and rabbits.
2. Cats, dogs, rabbits, birds, and snakes.
   All of the above plus more.

Many pet insurance providers will provide coverage for a wide range of domesticated and exotic animals including Amphibians chameleons, ferrets, goats, mice, pigs, sugar gliders, turtles, and many more.

1. Under $200
   $200 - $700
2. $700 - $1,500
   $1,500+

With annual wellness check-ups costing about $200 - $300, lab work costing $100 - $300, and dental cleanings costing anywhere between $300 - $800, you can expect to pay about $700 - $1,500 per year in medical costs alone for a canine companion. These costs also don't include all preventative medication and supplement costs.

1. True
2. False

The more, the merrier! Some providers offer a 5% - 10% discount when you bundle multiple policies together. And considering that the average annual cost of pet insurance premiums is $516, according to The Washington Post, that could mean a savings of over $100 a year.

1. Accident-only
   Accident and illness
2. Accident and illness with embedded wellness
   Endorsements

According to Cover.com, accident and illness plans are the most common type of pet insurance plan. Accident-only plans are the cheapest but only cover injuries such as ingestion of foreign objects, poisoning, or if your pet was hit by a car. Accident and illness plans cover accidents plus most illnesses your furball might encounter, including allergies, cancer, and infections. The next step up in coverage is a comprehensive plan, which covers accidents and illnesses plus vaccinations, cremation and burial, flea and tick medication, and dental care.

1. 15 years
   12 years
2. 10 years
   Not cutoff

While almost every illness and wellness plan has a maximum age, typically in the 12-15 year old range, some providers offer accident-only plans regardless of your pets age.

1. Seven days
   Ten days
2. Fourteen days
   No waiting

To prevent people from quickly buying pet insurance policies, using them to ensure that expensive services that their pet needs are covered and then canceling their policies, most pet insurance plans impose waiting periods on some services. It’s not unusual for there to be a 14-day waiting period for illnesses and a five-day waiting period for injuries.

1. $5,000
   $10,000
2. $15,000
   $20,000+

CBS News reports that veterinary services can cost upwards of $20,000 for pets’ serious medical issues, which means that policies with low maximum annual limits in the $3,000 to $5,000 range really won’t cut it. It’s a smarter idea to stick with a more expensive plan with no annual limit so all of your pet’s costs are covered.

1. 50,000
   100,000
2. 200,000
   500,000

According to Waggle, half a million pets are euthanized each year due to economic reasons. Animal health workers refer to this as "economic euthanasia", a decision made when health costs become too much for an owner to afford associated with a medical condition with a good prognosis. This doesn't take into consideration the many animals that are saved from euthanasia only to end up in shelters because of economic reasons.