Caucasian Ovcharka Society of America 

We all know the importance of health insurance for ourselves and our families, but what about our canine companions? Is pet insurance worth it for them? This comes down to how much money you have set aside for emergencies. Cranial Cruciate Ligament (CCL) ruptures are very common in large and giant dogs, and very costly to fix. Such repairs cost thousands per leg to repair. Gastric torsion, foreign object ingestion, and even cancer are all very expensive potential costs. With pet insurance, the cost of such care can be greatly reduced.
It is important to research pet insurance companies thoroughly, as some have exclusions, such as the above mentioned CCL rupture, and others don't cover injuries that occur as a result of a dog sport or competition. Waiting periods are common. Read policies carefully, and don't be afraid to ask questions and request the answers in writing.