For most pet owners, the answer would be "Yes".
The big question everyone has about pet insurance, is it really worth it? The answer is, for many pet-loving people, yes. However, that is a question that only you, the pet owner can make the final determination.
It depends on the value you place on your pet and the amount you are willing to spend out of pocket for pet health care costs. You have to think about the other things you insure: your car, your home, maybe even your cell phone. Is pet insurance something that is important to you?
Some owners would do anything possible for their pet if it should become sick or injured. Other owners might consider euthanasia over spending a significant amount of money on medical bills. If you are the type of pet owner who would do anything if your pet became sick or injured, then pet insurance is something you should look very closely at.
You probably already have several different types of other insurance such as car, house, renters and medical. When purchasing any type of insurance policy you decide on the level and type of coverage that you to feel protects (or covers) you for a given problem.
For example, if you wanted to purchase renters insurance you would take an inventory of your possessions and estimate their value. Next you would determine the amount of that value you would not want to pay for yourself in the event of a loss. Then you would purchase a policy that would cover the loss. That coverage would cost you a certain amount each month, the benefit being your possessions would be replaced if lost under the terms of your policy.
Purchasing a pet health insurance policy is really very similar. You determine if the coverage provided by the policy, for the given policy cost, provides enough coverage for you. If it does, then you would purchase the policy and feel comfortable knowing that your pet's medical needs would be met if required.