Nothing’s worse than heading to the vet and finding out your insurance doesn’t cover the care your pet needs. That’s why it’s so important to choose the right pet insurance plan from the get-go.

A bipartisan initiative may change that. On March 4, Rep. Deborah Ross (D-N.C.) and Rep. Claudia Tenney (R-N.Y.) introduced the People and Animals Well-being (PAW) Act to the House of Representatives.

When you think of being a pet parent, you might picture the fun and love that these new family members can bring. But having a pet can also have a significant financial impact. Over a 15–year lifespan ...