Pedigree pets are logically requiring more expensive insurance products compared to cross breeds.
Experts say this is because costs of owning and maintaining a pedigree pet are high due to significant veterinary bills. These animals are also more prone to hereditary conditions, thus their higher vet bills.
Selective breeding could require much higher insurance policies also due to the involved hereditary conditions. The best advice experts give to pet owners is to immediately buy an appropriate policy as soon as the pet is owned.
Of course, the value of the pet should always be considered. Your pet needs insurance if it is expensive. Take note that policies could also cover pet replacement in case the animal is lost.
Thus, the more expensive the pet is, the more costly the insurance company would pay.
Lastly, your capacity to pay should not be overlooked. If you think the policies are costly, you could opt for the cheaper ones.
Remember that without a pet insurance you would incur more expenses in the future in case the animal figures into an accident or fall very ill.