Best Pet Insurance Plans of 2020



10. FIGO

“Has a 100% refund option”

MONEY’s analysis: “This company has been around for less than 10 years, but its market share has grown for two reasons: easy online access and robust coverage. We will start with the coverage, which could reach 100% reimbursement of the covered acts. Of course, this level of coverage would require a higher premium.
(Photo: FIGO)

9. Best pets

“Cover options for older animals”

MONEY’s analysis: “Most pet insurance plans won’t write a new policy for an older pet – 12 is a common age limit for dogs and cats. Pets Best does not have a maximum age limit, so you can still get coverage for your aging pet. But, like all insurers, Pets Best will not cover pre-existing conditions.
(Photo: Pets Best)

8. PetAssure

“An insurance-free option for exotic pet owners”

MONEY’s analysis: “PetAssure is not really an insurer; this is a cost-sharing cutback plan that could help you save money on unexpected pet care, especially if you have a soft spot for exotic pets. PetAssure covers birds and fish, amphibians and reptiles, big cats, monkeys and even kangaroos.
(Photo: PetAssure)

7. Animals first

“For pet parents who want preventive care coverage”

MONEY’s analysis: “PetFirst Pet Insurance excels in providing routine care coverage because it defines preventive care very broadly. You could buy a plan to cover your pet’s vaccines, dental care, parasite prevention, spaying, and even behavioral training.
(Photo: PetFirst)

6. ASPCA Pet Health Insurance

“Good option for several pets”

MONEY’s analysis: “This policy stands out for its 10% discount for multiple pets and because one policy can cover all of your pets. There is no network, you can consult any veterinarian in the United States or Canada.
(Photo: ASPCA)

5. PetPlan

“Best for early coverage”

MONEY’s analysis: “PetPlan insures pets from six weeks old for puppies and kittens. When you buy a policy this early, you won’t have to worry much about pre-existing condition exclusions.
(Photo: PetPlan)

4. Adopt pet insurance

“Best for Pet Dental Care”

MONEY’s analysis: “Embrace offers high coverage for dental illnesses: $ 1,000 per insurance year in most states. The company covers extractions, root canals, crowns, gingivitis, and broken, chipped or fractured teeth.
(Photo: kiss)

3. Nationally

“Blanket for exotic animals”

MONEY’s analysis: “Nationwide is the only pet insurance company of its size to offer coverage for exotic pets. Nationwide can cover most birds as well as mice, lizards, goats, guinea pigs, turtles, snakes, ferrets and many more.
(Photo: Nationwide)

2. Trupanion

“A simple policy”

MONEY’s analysis: “Trupanion sets itself apart from the field by offering a single policy, for both dogs and cats, regardless of the breed, age or sex of the animal.
(Photo: Trupanion)

1. Healthy legs

“The best value for money”

MONEY’s analysis: “Healthy Paws Pet Insurance offers dog insurance and cat insurance. This company stands out because it does not cap reimbursements. Once you’ve paid your deductible, there is no limit on how much your policy can reimburse you, whether monthly, annually, or per incident.
(Photo: Healthy legs)

A study by the UK-based People’s Dispensary for Sick Animals found that pet parents significantly underestimate the the lifetime costs of owning a pet. The majority of pet owners surveyed said they believe lifetime expenses will not exceed $ 6,445, a fraction of the actual costs. According to the study, the approximate lifetime cost of owning a dog ranges from $ 27,074 to $ 42,545, and from $ 21,917 to $ 30,942 for cats. The study took into account everything from food and grooming to health and vet spending.

Pet insurance, however, can offer owners some protection when it comes to vet bills for illnesses and accidents – and it can also come in handy in times of uncertainty.

MONEY recently evaluated pet insurance plans in the United States to find the best available. In its assessment, MONEY took into account prices, coverage options and additional benefits and spoke with veterinarians to understand how insurance affects pets and owners.

“Most of the major pet insurance companies offer pet owners comprehensive coverage at an affordable monthly premium. The differences are in the details and the fine print, ”writes Noel Dávila for MONEY. “Shop around, do your research, then make an informed decision on the best insurance policy to take care of your pet and your pocket. “

Browse the slideshow above for MONEY’s picks for the best pet insurance of 2020, as well as why each shot stands out.

Preparation of pets

June is Pet Readiness Month and highlights why pet parents should view insurance as an extra layer of security in times of crisis. shares some tips on how pet parents can create an emergency kit to keep pets happy, safe, and comfortable during a natural disaster. Kits should include essential items such as:

  • At least three days of food and water supply
  • Medications
  • Medical records, proof of vaccination, registration and adoption documents, and insurance information
  • First Aid Kit (Cotton Bandage Rolls, Bandage Tape and Scissors, Antibiotic Ointment, Flea and Tick Prevention, Latex Gloves, Isopropyl Alcohol, Saline, and Pet First Aid Reference Book)
  • Collar or harness with ID tag, rabies tag and leash
  • Animal crate or carrier
  • Sanitation needs (litter box and litter box, newspapers, paper towels, plastic garbage bags and household bleach)
  • A photo of the animal and the animal’s parent together to prove ownership
  • Familiar items, such as treats, toys, and bedding



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