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View Full Version : those of you who keep money instead of having insurance..



donnamt
24-01-2009, 03:51 PM
how much do you keep aside for emergency rabbit treatment? if you dont mind telling ofcourse...:oops:

im looking to cancel my insurance for the buns and keeping the money instead towards vets stuff but i have no idea how much i should start with in my bank just incase

BB Mommy
24-01-2009, 04:00 PM
I have a tin that I chuck money into regularly. I like to keep it around 250 to cover an emergency, but I'd just use other savings if it was more.

I guess as you've had experience of stasis you know what your vet costs would be for another bout so I'd make sure I'd got at least enough to cover that sort of emergency, plus some.

sillyrabbit
24-01-2009, 04:05 PM
I started by putting away all my overtime each month which was usually 800 - 1,000 and then about 300 of my actual wage each month too. And I put in 3,000 bonus in last year and the year before I think I put 2,000

Umm that was a couple of years ago now I started doing that, and at my new work I don't have to work overtime :D :D :D Since I started my new job last summer I have been putting in what money I haven't spent at the end of the month so it might be 50 or it might be 400 it just depends, and when I move and am living by myself I will put in about 100 a month. I wouldn't have as much saved as I do if my old work hadn't of made me do so much overtime though :shock: :lol:

Thats for my cat and rats too though, and the rats have been really expensive at the vets

I just insured Buu, Trip and Scarlett a couple of weeks ago though x

donnamt
24-01-2009, 04:12 PM
I started by putting away all my overtime each month which was usually 800 - 1,000 and then about 300 of my actual wage each month too. And I put in 3,000 bonus in last year and the year before I think I put 2,000

Umm that was a couple of years ago now I started doing that, and at my new work I don't have to work overtime :D :D :D Since I started my new job last summer I have been putting in what money I haven't spent at the end of the month so it might be 50 or it might be 400 it just depends, and when I move and am living by myself I will put in about 100 a month. I wouldn't have as much saved as I do if my old work hadn't of made me do so much overtime though :shock: :lol:

Thats for my cat and rats too though, and the rats have been really expensive at the vets

I just insured Buu, Trip and Scarlett a couple of weeks ago though x

:shock::shock::shock: my god you must be minted :lol::lol:

i am thinking ill start with about 750 but im scared it wont be enough...Alvins stasis cost 350 and was paid for but i still had to pay the excess hopefully my company wont fold and my new reduced salary will be over soon but im wasting 15 a month on the what if's instead of using that money for vaccinations etc

credit cards are out too.. ive had my accounts frozen because ive told them i may get into trouble in the next few months :censored: didnt even give me a chance to see if i miss payments before they started threatening me with defualts and bad credit rating :evil::evil::evil:

Mackers
24-01-2009, 04:18 PM
I just started off by putting the money I'd normally spend on monthly insurance premiums into a savings account instead (bear in mind this was for my dogs and my rabbits so I was spending around 40 a month on insurance). In the first year, I had to make sure I had other savings or a credit card available, just in case. But fortunately, I've never needed to dip into it and I've now got around 3000 in there. But the credit cards would be maxed-out if necessary, should I have insufficient funds in the savings account to cover any treatment. And I never use the account for rountine things like vacs etc. It's just to cover big bills such as speys or emergency treatment.

dayle_x
24-01-2009, 04:30 PM
I have 3000 saved, not particulary for the buns but for any emergancy. Would deffo use that if I needed to though.

ecudc
24-01-2009, 04:43 PM
If you think about it you should put in at least 150 which would be your insurance premiums + what ever excess you paid on alvins stasis. That would give you something to start off with & maybe put a standing order in for a monthly payment of 5. Even if you don't need to use it for vets bill you could use it for their jabs & as a savings account for yourself.

loopylop
24-01-2009, 04:49 PM
Wow, you guys put aside a lot of money :shock: That is a lot when insurance can only be around 90 a year :?

(My maths isn't that great, am I missing something?! :lol:)

ETA: Actually I forgot most of you have more than one bun :)

bluebunny
24-01-2009, 04:52 PM
I just use the plastic

sillyrabbit
24-01-2009, 04:55 PM
:shock::shock::shock: my god you must be minted :lol::lol:

i am thinking ill start with about 750 but im scared it wont be enough...Alvins stasis cost 350 and was paid for but i still had to pay the excess hopefully my company wont fold and my new reduced salary will be over soon but im wasting 15 a month on the what if's instead of using that money for vaccinations etc

credit cards are out too.. ive had my accounts frozen because ive told them i may get into trouble in the next few months :censored: didnt even give me a chance to see if i miss payments before they started threatening me with defualts and bad credit rating :evil::evil::evil:

No :lol: I had no choice with the overtime and I still live with my mum so my rent is cheaper and bills are pretty much shared :lol: I just don't buy anything for myself, eat as little as possible and don't go out drinking if I get a feeling the rats are all going to be sick at the same time :lol:

That sounds like a good amount to start with :) Is it just Alvin that the savings will be used for? See mine is for 11 animals which is why I put away everything possible, it would be my luck that they would all become ill together!

sillyrabbit
24-01-2009, 04:57 PM
Wow, you guys put aside a lot of money :shock: That is a lot when insurance can only be around 90 a year :?

(My maths isn't that great, am I missing something?! :lol:)

ETA: Actually I forgot most of you have more than one bun :)

Because my rat bills are huge, and I don't think anywhere would insure my rats :lol: I think thats a good idea to go on when you only have a couple of pets though

charlie82
24-01-2009, 05:13 PM
I've considered doing the same, as I pay 55 a month on insurance at the moment. I'm too cautious though, and in my experience even if I put that money aside each month it wouldn't be enough to cover should the worst happen, so I'd rather pay insurance! I had three emergency vet trips last year that came to 700, a vet bill just before xmas that was 460! If I only had two rabbits I would definitely pay out for insurance as it just isn't worth the risk. You may be lucky and nothing bad happen, then you could find that once one problem starts it begins to get costly....especially if it's something they wil lalways suffer from. I wouldn't have a pet if I didn't have insurance....especially the cost of vet bills these days!!

donnamt
24-01-2009, 05:47 PM
No :lol: I had no choice with the overtime and I still live with my mum so my rent is cheaper and bills are pretty much shared :lol: I just don't buy anything for myself, eat as little as possible and don't go out drinking if I get a feeling the rats are all going to be sick at the same time :lol:

That sounds like a good amount to start with :) Is it just Alvin that the savings will be used for? See mine is for 11 animals which is why I put away everything possible, it would be my luck that they would all become ill together!

i am thinking more for alvin and pearl because Alvin has had stasis so id be a fool not to have a back up plan if i cancel the insurance...

ralph too tho... his excess will now be 80 and ive not needed to pay more than 50 for him at anyone time and also with ralph being stes dog i know his mum would help us with any vets costs for him... it really is the bunnies i need to keep covered as i dont have a family member whos got spare cash :oops:...

im cutting back on everything so when this recession is over ill be spending much less than what im earning instead of using it all up on kak i dont need :lol:

im also *gulps* gonna attempt to stop drinking again too so thats a fortune id save for the savings :D

the market shopping is going well... i got the hugest amount of fruit and veg today for 20 whooooop whooooop whooooop

only thing im not going to give up is the car, my pets and Loki my sponsor bun.. the other stuff means nothink and i can live on a budget :D:D

all these plans..... just gotta prey my company dont fold :shock:

loopylop
24-01-2009, 05:48 PM
im also *gulps* gonna attempt to stop drinking again too so thats a fortune id save for the savings :D




*jaw hits floor* :shock:

But who will be my drinking buddy :cry: :cry:

donnamt
24-01-2009, 05:50 PM
*jaw hits floor* :shock:

But who will be my drinking buddy :cry: :cry:

:cry::cry::cry::cry::cry: i know


i keep telling myself my liver needs a break but im really struggling to stop :oops:

racheljessica
24-01-2009, 06:07 PM
I just use the plastic

Yeah me too. I haven't got many savings at the mo so if I needed emergency treatment it would go on the plastic. I'm a bit of a credit card tart as I only use a credit card when it's got a 0% APR introductory offer. Once the 0% offer runs out I switch to a different card with 0% APR ;)

bluebunny
24-01-2009, 07:56 PM
Yeah me too. I haven't got many savings at the mo so if I needed emergency treatment it would go on the plastic. I'm a bit of a credit card tart as I only use a credit card when it's got a 0% APR introductory offer. Once the 0% offer runs out I switch to a different card with 0% APR ;)

Ive been lucky mines been running offers of 0% for 6 or more months So ive got till sept to pay Vinnies

Indiechic
24-01-2009, 07:58 PM
Yeah me too. I haven't got many savings at the mo so if I needed emergency treatment it would go on the plastic. I'm a bit of a credit card tart as I only use a credit card when it's got a 0% APR introductory offer. Once the 0% offer runs out I switch to a different card with 0% APR ;)

be careful 'card tarting' as banks are wising up... ;)

elaine35uk
24-01-2009, 08:07 PM
We have 2 dogs, 2 cats and 2 buns. Last year my Parsley began having teeth probs and as she was our first rabbit we weren't clued up as to theproblems they can have, she needed 3 dentals under GA and this led to two bouts of stasis. She then had a really serious eye problem and unfortunately we lost her in November . This coupled with one of our dogs being quite poorly meant emergency bills of over 1200 (no insurance and no savings!!) meant it had to go on the plastic. We then rescued Tilly and Smudge and although, like lots of folks, money is now tight we have insured them about 9 each a month. I also took insurance out on the cats and Mog, who's 11 now has chronic renal failure and we are covered for medication and his food (about 30 a month) and the insurance company are paying with no problem and won't load the renewal premium and will pay out for life or to a maximum of 2500.

Stator
24-01-2009, 08:09 PM
Petplan pays out up to 2000 per year. I would say to cover yourself you would need at least 1000 in the account. But you also need to consider what you would do if your bun needs ongoing expensive treatment for the rest of his life. Would you be able to afford the treatment once the savings account runs out? Petplan will let you claim another 2000 the next year as well so that's why I'm sticking with my insurance.

sillyrabbit
25-01-2009, 01:03 AM
Petplan pays out up to 2000 per year. I would say to cover yourself you would need at least 1000 in the account. But you also need to consider what you would do if your bun needs ongoing expensive treatment for the rest of his life. Would you be able to afford the treatment once the savings account runs out? Petplan will let you claim another 2000 the next year as well so that's why I'm sticking with my insurance.

Yeah thats something to really think about :( If its something that does need ongoing treatment for the next however many years it might clear a savings account faster than your putting money in it :( That worries me should anything happen

Happy Hopping
25-01-2009, 04:27 AM
Over here in Canada, noone offer rabbit insurance. And 1 of my bridge bun Goofball, had some really bad genes due to over breeding. As such, I spent $12K on her. So if there were choice of insurance, I would definitely go for it.

If your bun has healthy genes, no dental problem for the past few years, then set aside $1500 for surgery in the event there is any sort of surgery needed

vicki267
25-01-2009, 04:39 AM
Currently I only put aside 5 per month per rabbit (still keeping to 15 a month as I'll be adopting again soon). If I have any vet bills less than 100 I would pay from my account and I also dont use the savings for jabs etc.

However, if the savings didn't cover all the treatment I do have credit cards set aside, in case of emergency.

If I ever had any bunnies where I know they recurrently get ill I would put more aside per month.

bunlover
25-01-2009, 11:12 AM
i put 30 a month into a savings account. while it isnt much it will continue to grow and once it reaches around 200-250 i use any overflow money for treats(extra ones) or for general stuff like vaccinations... or random sasd casses that i might fall for and take in and rehome! i figure that there is no point in putting in more than you would for an insurance plan but i guess it depends on how many bunnys you have(i do 15 per bun) and what sort of ongoing issues they may have.adn age realted too so if buns were getting older i may start to put more aside. x

suzy_d
25-01-2009, 11:22 AM
I made the awful mistake of not insuring my Molly and its someting I have always regretted. When he first had his ear abscess I thought it ok I have got some savings....two years later I have spent around 2,800 on his treatment for two years. But this is including everything, from 2 operations to specialist treatment to xrays, culture tests and ongoing treatment. I would pay it all over again if I had to, because my vet told me to pretty much 'make the decision for him'. Two years later he is abscess free and now has a new ear canal (but thats a different story). I certainly struggled to pay for his major operations and I remember bursting into tears when I was told one operation, xrays and tests came to 420 which I had to pay in one go.

From my personal experience I would certainly insure because of what I have been through with Molly. I now have insurance for both Molly and Jessica however they wont insure him now for his abscess so if it ever did return (touch wood it wont) I'd have to pay out again for it. Had I of insured him before he got the abscess he would be covered. He has had ongoing treatment for mites since September and that would of cost me around 200 for tests, treatment and frequent vet visits. Luckily he is now insured so I only had to pay 50 excess.

xxx

areia
25-01-2009, 11:23 AM
i put 5 pound a week aside at the moment if and went im back in full time work i will double it, touch wood linus is the only one whos going to need treatments throughout the year for his dentals haveing somthing aside at the mo is better than having nothing so emergancy treatments i will just have to make up and use the plastic which i only use for emergancies anyway

donnamt
25-01-2009, 02:34 PM
hmmmm such a tough one......

i guess ill wait and see how much a 20% paycut affects us before i cancel the buns insurance... dogs has already been cancelled :oops:

end of march i guess ill be finding out i still have a job or not and thatll take the decision out of my hands anyhows :(

TermiteFrank
25-01-2009, 03:37 PM
If I insured all 4 of my pets it would cost me at least 70 a month and that's only because one of them cannot be insured at all because of her breed and age. I put the money away as all I can think is what would I do if I did insure the others and she got ill? And if I did fork out that a month I literally couldn't afford to feed and vaccinate them etc... Maybe I should tell the insurance company my Tibetan Mastiff is a Rottie cross and my Shar-Pei is a staffie cross? :lol: I wouldn't mind, my previous 2 shar-pei would have bankrupted my vet had he relied on me for custom as I don't think I spent anywhere near 1000 on both of them in 7 years, including two spays and teeth scaling not covered under insurance anyway. I'd have literally been about 3000 out of pocket had I insured them.

I try to put 10 a week in and have about 1000 in there right now.

Nix
25-01-2009, 03:41 PM
Many of my buns are un-insurable anyway because of dental probs. I put aside 200 a month, going up to 260 from next month because it isn't enough. That's for 8 rabs. Last year my vet bills including vaccs were over 2500, which doesn't sound so bad spread over 9 - but the bulk of the cost was for only 3 of them! I love my elderly and special needs rabbits and wouldn't have it any other way, but people are often shocked when they realise how much vet care can cost.

It's a big gamble because if I had several buns become ill at once the savings wouldn't cover it; I would recommend staying insured for as long as you can.

racheljessica
25-01-2009, 07:24 PM
be careful 'card tarting' as banks are wising up... ;)

Yeah I read that recently on Martin Lewis' money saving website. I've got 0% until September. I'm hoping I won't need to use a credit card by then :)

Sooz
25-01-2009, 07:46 PM
I have 600 aside currently but am not adding to it at the moment. Incidently I have very rarely touched that cash because I pay for most treatment out of my personal spending money. The last time I went into it was for Mack's operation but I went halves on that with money from my current account.

If it dips below 400 I will start to top it up again.