I bought pet insurance for our lab, who ended up having liver failure. Vet bills were about $5000, when all was done. They kind of creep up on you. Not sure I would have spent that had I known how much it would cost when we were done.
Anyway, the pet insurance only pays what they think the vet should charge, didn't cover some of the things, and they gave us about $1000. I guess it was kind of worth the money, since the premiums over his 2 year life were just over a couple hundred. There was a tonne of paperwork involved in the claim, and they took several months to pay, so it was barely worth the effort.
I hoped it would insulate us from any huge vet bills, and it didn't really do that, so we didn't get it for our next dog.
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