Video: Should You Have Pet Insurance?

Last week, we posted about a New York Times story that addressed the issues surrounding expensive veterinary treatments for old dogs, and here’s a heartbreaking news report about a family forced to make just such a difficult choice about their beloved pet’s healthcare.

Molly, a 10-year-old Pomeranian, has diabetes that requires thousands of dollars of treatment, but her owners are on a fixed income. They really can’t afford to treat the dog, but they’re going to do it anyway:

For April, giving Molly what she needs isn’t a choice.

“She never stopped loving me, and I couldn’t just throw her away because she got sick,” April said.

The veterinarian in the report notes than pet medical insurance is becoming more and more popular to help owners deal with these situations. We posted about pet insurance back in August of 2011, and readers’ responses were decidedly mixed at the time. I wonder if that has changed.

What is your take on pet insurance? Is it a good investment or a waste of money?

Click here for the full story.

April and Molly in the vet’s office.

photo courtesy cbsdenver

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