Having Pet Insurance May Not Save Me Money. Here's Why I Bought It Anyway

When my family adopted our 70-ish-pound lab mix about two years ago, we didn't anticipate health issues right away. Unfortunately, because we failed to buy pet insurance as soon as we adopted our dog, we wound up on the hook for thousands of dollars in vet bills in the course of getting him diagnosed. In fact, our pet insurance may not end up saving us much, or any, money through the years when you account for the premiums we have to pay, our deductibles, and excluded services.