Your pet may not be capable of earning his keep - at least not in the office - but believe it or not, he may be covered by insurance, too. Pet insurance works just like human health insurance. After the owner files for a claim with the insurance company, said owner is reimbursed for expenses, the amount of which is subject to the terms of the policy purchased. The good thing about pet insurance is that it covers a wide range of costs from illness and injury to death or even theft. The first ever pet insurance policy was written by Claes Virgin in 1890. This section contains articles that pertain to pet insurance.