Thinking about cancelling dog insurance

[Midori1999]

Is there any really good reason why I shouldn't?

We pay £1200 a year in dog insurance. I've always had it as I felt it was the responsible thing to do. However, now I'm thinking its an expense we could do without, especially if we saved that money each month instead. If it came to it and we ended up with a huge vet bill for thousands of pounds we could pay it out of savings or if we really had to put it on a credit card.

The other thing that has always worried me is having to pay for lifelong drugs, but realistically how much is this likely to cost? A couple of hundred pounds a month maximum? More?

We used to insure when our older dog (now 10) was young, but it got so expensive as he got old we stopped.
When we got our second dog (now 2) I tried to insure her but everyone excluded public liability on the grounds I teach piano. I wouldn't have minded an exclusion to piano pupils as the dogs are kept out of the way by other family members, but they all excluded ALL liability. So if my dog went for someone on a walk, they wouldn't cover me because I teach piano. And for the priviledge of excluding all this, most charged exactly the same and the rest charged more.

I then gave up and we don't bother. However, we have the ability to put quite a bit more money on our mortgage if need be and if anything major was needed, I would. But the public liability worries me a lot. Both dogs are very soft, particularly young dog but you can never account for outsiders.