Pet insurance policies can range from $200 to $800 depending on the deductible, age, and breed of pet. Unlike human health insurance, pet health insurance typically only covers accidents, illnesses, and other unusual health events. You can buy health insurance for your pet at any age, but just like human health insurance, it’s going to be less expensive the younger the animal. An alternative to pet insurance could be to set up a dedicated savings account for pet health care costs. To review and compare some pet insurance policies, click here.