Here in Britain we are a nation of pet lovers and treat our pets like we do ourselves and our children, this includes giving them the best food, treats, toys, care and of course the best in health care by way of a vet. However when it comes to our pets they can also cost us a fortune, especially if you should have to visit the vet. However much we love our pets the bills for x-rays and medication can be sky high, however you can insure your pet. Insuring your pet doesn't have to as expensive as you might think and could save you money in the long run.

Insurance for your pet isn't limited to paying out when it comes to vet bills, most insurance taken out for your pet includes for other eventualities that can arise. For example should your pet be stolen then most insurance companies will pay out for a reward offered.

One way of having money for any eventuality to cover your pet, is to not actually go with an insurance company but instead set up an account which is solely for your pet and deposit money either as a lump sum or put away a little each month and allow it to build up in case you should need it. This can often work out cheaper than paying actual premiums through an insurer.

However if you wish to go with an insurer then shop around for the best deal with the cheapest premium, things you should take into account when it comes to purchasing insurance include the amount of excess that you pay. If you pay more excess then your premium will be lower.

Also watch out for hereditary conditions being excluded, many breeds have certain conditions which are know to be passed from generation to generation so make sure your pet doesn't fall into this category or insurance could be worthless.

Finally take into account if there is a maximum pay out limit per year. Some policies will only pay out to a set limit, if you have an older animal that needs regular treatment then it might not be covered.