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Is Pet Insurance A Scam?

I recently spent $9,000 on my dog Georgia (AKA Beans) because of health issues—would I have been better ahead if I had pet insurance? I run the math to see, and provide some tips for how you can get the most bang for your buck if you decide to get pet insurance for your furry friends. Tune in to The Money with Katie Show podcast for the full episode: https://podcasts.apple.com/us/podcast... This show is a production of Morning Brew and is produced by Henah Velez and me, Katie Gatti Tassin. Devin Emery is our Chief Content Officer. Our video editors are Christie Muldoon, Sebastian Vega, and Nichole Friedman. Additional fact-checking comes from Kate Brandt. Mentioned in the Episode: - Breed breakdown for pet insurance: https://www.marketwatch.com/guides/in... — 🍿WATCH NEXT: How to Deal with Unexpected Expenses |    • How to Deal with Unexpected Expenses   How to Set Up Money Management Systems |    • Money Management Systems [A Step-By-S...   How to Deal with Inflation |    • Cutting costs in inflation   💸 GET THE 2024 MONEY WITH KATIE WEALTH PLANNER: https://shop.morningbrew.com/products... 💌 SIGN UP FOR MY WEEKLY FREE NEWSLETTER: https://www.morningbrew.com/money-wit... MY FREE ONLINE COURSES: 🌱 Personal Finance 101: https://www.morningbrew.com/money-wit... 📈 Investing 101: https://www.morningbrew.com/money-wit... ☕ Early Retirement 101: https://www.morningbrew.com/money-wit... ✈️ Travel Rewards 101: https://www.morningbrew.com/money-wit... MY PREMIUM ONLINE COURSES: 🤑 Budget Like a Millionaire | Learn how to create a spending plan that actually works (free Wealth Planner included): https://education.morningbrew.com/budget ($147) ⚖️ Tax-Smart Investing | Need to start investing in a more tax-advantaged way, to the tune of thousands of dollars per year in tax savings? (Free Tax-Smart Investment Planner included): https://education.morningbrew.com/tax... ($197) MY KEY LINKS 🌍 My blog - www.moneywithkatie.com 📸 Instagram -   / moneywithkatie   🐦 Twitter -   / moneywithkatie   WHO AM I: I’m Katie, a personal finance content creator on a mission to make everyone else as obsessed with their financial health as I am. With small tweaks and just a little more awareness, you can live a richer, happier life. I started writing about money in 2018. #MoneyWithKatie #PetInsurance #DogInsurance #Dogs #Pets #PersonalFinance #money 00:00 Intro 00:24 Analyzing the pet insurance quote 03:30 Pet insurance costs and stats 04:33 Getting the most bang for your buck 06:39 Ideal age to insure pet 08:14 How pet insurance works 08:43 Bottom line 09:20 Outro