health insurance – Pet Hoken http://pethoken.info/ Mon, 11 Apr 2022 14:29:28 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://pethoken.info/wp-content/uploads/2021/10/icon-2021-10-10T092258.815-120x120.png health insurance – Pet Hoken http://pethoken.info/ 32 32 10 Best Pet Insurance Companies of February 2022 | Personal finance https://pethoken.info/10-best-pet-insurance-companies-of-february-2022-personal-finance/ Mon, 31 Jan 2022 18:51:25 +0000 https://pethoken.info/10-best-pet-insurance-companies-of-february-2022-personal-finance/ Pet Insurance FAQs How much does pet insurance cost? The pricing of your pet insurance premium will depend on many factors: 1) the type, sex and breed of your pet; 2) your pet’s age; 3) your location; 4) types of coverage; 5) deductible and level of reimbursement. The more expensive where you live, whether in […]]]>

Pet Insurance FAQs

How much does pet insurance cost?

The pricing of your pet insurance premium will depend on many factors: 1) the type, sex and breed of your pet; 2) your pet’s age; 3) your location; 4) types of coverage; 5) deductible and level of reimbursement. The more expensive where you live, whether in California or New York, the more expensive your pet insurance will be.

Is pet insurance worth it?

Whether pet insurance will pay off for you depends on your needs and your pet’s health needs. Before trying to enroll your pet in a plan, consider its costs versus its potential benefits. All pet insurance coverage provides a service that isn’t measured in dollars – giving you the peace of mind of knowing you won’t be dealing with expensive veterinary bills alone.

What does pet insurance cover?

It depends on the specific plan. Standard pet health insurance will cover most accidents and injuries. However, you can also purchase a policy that only covers routine vet visits for checkups and vaccinations, commonly referred to as wellness plans. “Things like ultrasounds, blood tests or procedures like MRIs or CT scans – they are now available [for pets]”said Dr. Jerry Klein, chief veterinarian of the American Kennel Club.

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10 Best Pet Insurance Companies of February 2022 | Smart Change: Personal Finances https://pethoken.info/10-best-pet-insurance-companies-of-february-2022-smart-change-personal-finances/ Mon, 31 Jan 2022 18:51:25 +0000 https://pethoken.info/10-best-pet-insurance-companies-of-february-2022-smart-change-personal-finances/ Pet Insurance FAQs How much does pet insurance cost? The pricing of your pet insurance premium will depend on many factors: 1) the type, sex and breed of your pet; 2) your pet’s age; 3) your location; 4) types of coverage; 5) deductible and level of reimbursement. The more expensive where you live, whether in […]]]>

Pet Insurance FAQs

How much does pet insurance cost?

The pricing of your pet insurance premium will depend on many factors: 1) the type, sex and breed of your pet; 2) your pet’s age; 3) your location; 4) types of coverage; 5) deductible and level of reimbursement. The more expensive where you live, whether in California or New York, the more expensive your pet insurance will be.

Is pet insurance worth it?

Whether pet insurance will pay off for you depends on your needs and your pet’s health needs. Before you try to enroll your pet in a plan, consider its costs versus its potential benefits. Any pet insurance coverage provides a service that isn’t measured in dollars – giving you the peace of mind of knowing you won’t be dealing with expensive veterinary bills alone.

What does pet insurance cover?

It depends on the specific plan. Standard pet health insurance will cover most accidents and injuries. However, you can also purchase a policy that only covers routine vet visits for checkups and vaccinations, commonly referred to as wellness plans. “Things like ultrasounds, blood tests or procedures like MRIs or CT scans – they are now available [for pets]”said Dr. Jerry Klein, chief veterinarian of the American Kennel Club.

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Best Pet Insurance Plans for Dogs and Cats – Hometown Station KHTS FM 98.1 & AM 1220 – Radio Santa Clarita https://pethoken.info/best-pet-insurance-plans-for-dogs-and-cats-hometown-station-khts-fm-98-1-am-1220-radio-santa-clarita/ Fri, 19 Nov 2021 18:33:31 +0000 https://pethoken.info/best-pet-insurance-plans-for-dogs-and-cats-hometown-station-khts-fm-98-1-am-1220-radio-santa-clarita/ Animals are the best. But they are not cheap. As pet owners, it doesn’t take long to see a dramatic impact on your bank account from the moment you invite your cat or dog into your home. Whether it’s constantly stocking up on pet food, buying the necessary pet accessories, tending to damage pet carpet […]]]>


Animals are the best. But they are not cheap.

As pet owners, it doesn’t take long to see a dramatic impact on your bank account from the moment you invite your cat or dog into your home.

Whether it’s constantly stocking up on pet food, buying the necessary pet accessories, tending to damage pet carpet or furniture, and covering their medical bills, owning a pet comes at a significant cost.

But there is a way to mitigate some of these costs, by Pumpkin Pet Insurance make medical care for pets affordable and easy to budget.

Any pet owner’s worst nightmare is not having enough money to give their pet the medical care they need. And in today’s economy, the last thing you want to do is get into debt.

With the best pet insurance plans for dogs and cats, you will be able to access any type of pet care anywhere in America anytime you need. Seriously, it’s that easy. And cheaper than you initially thought.

When it comes to purchasing pet insurance, you want to make sure they get the best coverage and that you pay minimum for great care. So to help you decide which dog or cat (or both) should sign up for, we’ve put together a list of criteria to watch out for.

Here’s how you’ll know you’ve purchased the best pet insurance plan.

  1. You will always get the care you need

And we’re not just talking about 24/7 medical care at the vet clinic. We mean that no matter what happens to your pet or how much of the procedure they have to go through, the best pet insurance will be there to help cover and offset the majority of the costs. This is extremely important, because it means that you will never have to hesitate to commit to a health service for the sake of money. And whether you’ve been covered for a year or ten, your pet will receive the best possible care.

  1. You can create a unique coverage plan

The best pet insurance plans recognize that dogs and cats need different types of health care. In fact, the mix of different breeds and ages means that almost every pet will have a unique need for medical attention. The best pet insurance plans recognize this and work with their clients to choose tailor-made services that are suitable for both individual pets and households with many pets.

  1. You can go to the vet of your choice

This is perhaps one of the biggest differences between the best pet insurance and personal health insurance. With the best pet insurance plans, you can visit as many clinics and healthcare professionals as you want while still getting the same kind of support through your coverage. This means you can take the time to shop around and find the right vet that you and your pet are comfortable with and trust. It also means that if you are traveling with your pets, you can visit a clinic in another state and have the same coverage.

  1. You can take action for your pet’s health

The best pet insurance plans know that a pet’s health is largely determined by the preventative measures that are put in place. This means you’ll be covered to take your pet for wellness checkups, get their annual shots, and access alternative therapies to stay healthy. The more proactive pet owners are about their pet’s health, the more likely they are to live healthier lives for longer.

  1. You will be able to register your pet no matter what

The best pet insurance plans don’t discriminate against certain breeds or ages. In fact, the best plans welcome all pets at any stage of their life. This is very important because it means that your pet will be able to get the health care he needs and deserves sooner and will not be considered a disability. Feeling wanted and supported is one of the most important factors in choosing your pet insurance plan.

There are so many benefits to purchasing pet insurance and these five factors will help you find the perfect provider for you. Whether it’s 24-hour coverage and all-inclusive coverage to join a caring community of other pet and pet owners, deciding on a plan is an exciting endeavor to do. undertake.

Do you have a news tip? Call us at (661) 298-1220 or email newstip@hometownstation.com. Don’t miss a thing. Get the latest KHTS Santa Clarita News alerts delivered straight to your inbox. Report a typo or error, email Corrections@hometownstation.com

KHTS FM 98.1 and AM 1220 is the only local radio station in Santa Clarita. KHTS mixes a combination of news, traffic, sports, and features with your favorite contemporary adult hits. Santa Clarita News and Features are broadcast throughout the day on our airwaves, on our website and on various social media platforms. Our nationally-awarded daily KHTS newsletters are now read daily by more than 34,000 residents. A dynamic member of the Santa Clarita community, the KHTS broadcast signal reaches throughout the Santa Clarita Valley and parts of the high desert communities located in the Antelope Valley. The station broadcasts its talk shows across the web, reaching potentially global audiences. Follow @KHTSRadio on Facebook, Twitter, and Instagram.



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10 Best Pet Insurance Companies of November 2021 | Smart change: personal finance https://pethoken.info/10-best-pet-insurance-companies-of-november-2021-smart-change-personal-finance/ https://pethoken.info/10-best-pet-insurance-companies-of-november-2021-smart-change-personal-finance/#respond Thu, 04 Nov 2021 21:20:18 +0000 https://pethoken.info/10-best-pet-insurance-companies-of-november-2021-smart-change-personal-finance/ How does pet insurance work? Pet insurance is a policy that comes with a monthly premium. With pet insurance, if your pet is sick or injured, you pay the bill up front and submit a claim for reimbursement. You can take your pet to a licensed veterinarian and then submit a claim for reimbursement for […]]]>


How does pet insurance work?

Pet insurance is a policy that comes with a monthly premium. With pet insurance, if your pet is sick or injured, you pay the bill up front and submit a claim for reimbursement. You can take your pet to a licensed veterinarian and then submit a claim for reimbursement for issues covered by your pet insurance plan.

What does pet insurance cover?

It depends on the specific plan. Standard pet health insurance will cover most accidents and injuries. However, you can also purchase a policy that only covers routine vet visits for checkups and vaccinations, commonly known as wellness plans. “Things like ultrasounds, blood tests or procedures like MRIs or CT scans – these are now available [for pets]”said Dr. Jerry Klein, chief veterinarian of the American Kennel Club.

What is the best pet insurance?

The best pet insurance for you will depend on a combination of different things, primarily your budget and your pet’s needs.

How we found the best pet insurance companies

We evaluated each pet insurer by looking at:

  • Plan and coverage options
  • Cost and discounts available
  • Annual reimbursement limits
  • Policy exclusions and restrictions
  • Well-being benefits
  • Customer service options and complaints process
  • Customer reviews
  • Third-party reviews from websites like TrustPilot and the Better Business Bureau


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5 Best Cheap Pet Insurance Companies of 2021 https://pethoken.info/5-best-cheap-pet-insurance-companies-of-2021/ https://pethoken.info/5-best-cheap-pet-insurance-companies-of-2021/#respond Sun, 10 Oct 2021 06:05:01 +0000 https://pethoken.info/?p=84 Pet insurance works a lot like health insurance for people. And as when insuring the humans in your home, it pays to shop around if you decide you want health coverage for your dog or cat. Premiums for pet insurance policies range widely by company — by more than $150 extra a year to insure […]]]>


Pet insurance works a lot like health insurance for people. And as when insuring the humans in your home, it pays to shop around if you decide you want health coverage for your dog or cat.

Premiums for pet insurance policies range widely by company — by more than $150 extra a year to insure a cat and upwards of $350 a year for a dog, we found when we examined pet insurance costs. Companies also vary in how they price certain provisions of a policy, and the conditions they impose for them.

We considered these factors in coming up with the shortlist of companies below. These choices offer pet owners coverage at reasonable rates and with some unusual and appealing pricing features.

To make sure your pet and your wallet are covered for vet bills, here are Money’s picks for companies offering the most affordable pet insurance.

Our Top Picks for Cheap Pet Insurance Companies of 2021

For more pet insurance reviews, including Trupanion, Nationwide, PetFirst, and 24PetWatch, click over to Money’s Best Pet Insurance Companies of 2021.

Best Cheap Pet Insurance Reviews

Embrace Pet Insurance: Best for Diminishing Deductibles

Pros Cons
Diminishing deductibles An enrollment fee of $25
Vet exam fees are covered Monthly payments are charged a recurring $1 transaction fee
Customizable plans to accommodate different budgets A minimum deductible of $200
Includes hospitalization
Distinguishes between curable and incurable pre-existing conditions

As can be the case with your own health insurance, pet policies come with a deductible — typically between $250 and $1,000 — that must be met every year before reimbursement begins.

With an Embrace Pet Insurance policy, deductibles decrease the longer there hasn’t been a claim. These diminishing deductibles are reduced by $50 every year that you don’t file a claim on behalf of your pet. If your pet is sufficiently healthy and suffers no accidents, your deductible can eventually be lowered to $0.

Embrace Pet Insurance also allows you to customize certain parts of your policy such as the reimbursement percentage. As a result, you can get the coverage you need while staying within your budget.

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Petplan Pet Insurance: Best for Avoiding Pre-Existing Condition Liability

Pros Cons
Coverage can begin at six weeks No discounts for multiple pets
A sign-up fee is not required Preventive care plans are not available
Sick visit exam fees are covered Routine care procedures are not covered
No lifetime claims limit

Pre-existing conditions are not typically covered by any pet insurance plans. What’s more, depending on the company, a lot of medical issues may be considered to be pre-existing. One best way to avoid this is by insuring your pet when they are as young as possible.

While accident and illness issues — the heart of coverage for most policies — are rare during the puppy years, coverage can be initiated then.

With Petplan Pet Insurance, you can insure your pet as early as six weeks old — an unusually young age. At this point in a pet’s life, a lot of health issues that could be considered pre-existing, such as congenital conditions, have not yet presented themselves. As such, you’ll have greater assurance of having a policy later, when you most need it. You could (by adding an extra monthly payment) also enjoy preventative coverage during the puppy or kitten years when a lot of wellness care (such as vaccinations) is needed.

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ASPCA Pet Health Insurance: Best for Multi-Pet Discount

Pros Cons
A 10% discount for each pet added to your policy At 14 days, the accident waiting period is longer than some competitors
Thirty-day money-back guarantee (so long as no claims have been filed) Wellness coverage has an annual coverage limit of $450.
Coverage includes prescription medication
All pets are eligible regardless of health conditions

ASPCA (American Society for the Prevention of Cruelty to Animals) Pet Health Insurance offers you a 10% discount for each additional pet on your insurance policy. For policyholders who have two or more pets in their household, this is a plus.

ASPCA coverage might also be particularly attractive to cat owners, who studies have shown have a tendency to own multiple felines.

Another stand-out feature of ASPCA pet insurance is the fact that it’s among the policies that cover prescription medications. As anyone who owns a pet that requires medication will verify, these costs can really pile up over time.

Although ASPCA’s accident-only plan is cheaper by industry standards, it covers less than their accident and illness plan. For pet parents who need more, ASPCA also offers an unlimited annual benefit option.

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Figo Pet Insurance: Best for 100% Reimbursement

Pros Cons
Visit any vet in the United States, Canada, and Puerto Rico A $2 monthly service fee is charged unless you pay annually
Thirty-day money-back guarantee (so long as no claims have been filed) No wellness plan available
No pet age limits; good for older pets Exam fees are not included
Includes alternative treatments

One hundred percent reimbursement means you will not have to pay anything else out of pocket every year, once you satisfy your deductible. Of all the pet insurance companies that offer a 100% reimbursement rate, Figo Pet Insurance is among the cheapest. They also offer easy-to-understand comprehensive coverage, along with the option to customize your own plan by setting a reimbursement percentage, deductible amount, and other possible add-ons. Plans even include alternative therapies like acupuncture and chiropractic care.

Figo also stands out for its unique mobile app called Pet Cloud, offering 24/7 virtual vet visits. This feature is included with all plans at no additional cost and provides access to a live veterinarian for checkups and other advice at any time of the day or night. This is a good feature for tech-savvy pet owners looking for veterinary care.

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Healthy Paws: Best for Lifetime Value

Pros Cons
Unlimited annual and lifetime coverage Some age restrictions
Most claims (99%) are processed in two days Exam fees are not included
Premiums start around $15/month for cat insurance and $20/month for dog insurance Only one plan available
Hip dysplasia is covered if enrolled before the pet’s age reaches six

Healthy Paws has no payment caps on all their plans, meaning that once you pay the deductible, there is no monthly or annual limit on the amount that the company will reimburse you. This lack of limits may save you a considerable amount of money during the lifetime of your pet, especially if it develops a serious or long-term condition.

Conveniently, claims can be submitted via email, fax, website, or mobile app. Policyholders may receive reimbursements, via mailed check or direct deposit. Also, Healthy Paws claims that 99% of these reimbursements are processed within just two days.

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Cheap Pet Insurance Guide

What Does Pet Insurance Cover?

What will be reimbursed under your pet insurance depends on the policy you choose, and what it does and doesn’t cover. The three main areas of insurance coverage are illness, injuries, and wellness.

Insurers typically combine the two areas of acute care into combined “accident and illness” policies, the most popular of the coverage options. The illness coverage ranges from mild accidents like sprains to more serious issues like cancer treatments. Covered accidents include both self-inflicted injuries, such as the pet swallowing a foreign object, to such mishaps as car accidents.

Most if not all pet insurers do not cover pre-existing conditions. Some companies also have a list of conditions that are excluded from coverage.

That said, just because your pet has a pre-existing condition, this does not keep them from becoming insured for all other perils.

How To Pay Less for Pet Insurance

Insure your pet early
Making sure your pet is insured as soon as possible is key. Once your pet is a few months old, certain health issues may arise, such as congenital or hereditary conditions, making them more expensive to insure.

Furthermore, these pre-existing conditions will most likely not be covered by any pet insurance provider, regardless of the pet’s age. Some companies even enforce a waiting period after enrollment that must elapse before your pet can enjoy full coverage.

Naturally, starting early with coverage will likely mean you are paying premiums for more years and could result in higher lifetime payments.

Maintain a healthy pet
Make sure to stay up to date with your pet’s vaccinations, heartworm medication, and any flea and tick protection. The better you care for your pet, the healthier they will be. Even if your pet insurance doesn’t reimburse for preventive care, as is the case for most policies, providing it to your pet could give you peace of mind, and might save you a lot of grief, money, and time in the long run.

Some companies offer diminishing premiums the longer time passes without a claim. Other companies will give you a credit if your pet remains healthy for a certain length of time, thereby incentivizing you to take care of your pet and save money, all at the same time.

Forget monthly, pay annually
Similar to other insurance companies, pet insurance providers allow the option to pay for their coverage in a single, annual payment. And many pet insurance companies offer a discount if you opt to pay in this way, rather than every month or every six months.

This offers the additional benefit of paying less while guaranteeing that your pet will be covered throughout the entire year, with no risk of coverage lapsing if you forget to make your monthly premium payment.

A higher deductible means lower premiums
If your insurer allows for some flexibility with your deductibles (and most do), you may want to set them at a higher amount. Doing that typically allows your premiums to come down.

The only drawback to this approach, obviously, is that if your pet should have an accident or need an emergency procedure, you will have to cover the cost of the deductible, however high.

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The Costs Associated with Pet Insurance Coverage

The average monthly price of pet insurance is $47 for dogs and $29.50 for cats, according to the North American Pet Health Insurance Association.

How much you end up paying in premiums will depend on a variety of factors, including your pet’s breed, age, gender, and where you reside. Different plans may have varying limits and coverages.

That said, a lot of (if not most) pet insurance companies operate on a reimbursement model, so the initial costs at the vet are out-of-pocket. The insurer then reimburses you the cost minus the deductible or copay.

Whether pet insurance will be a cost-effective alternative depends on your particular situation, including your ability and inclination to pay very large vet bills — which is when a policy offers the greatest potential benefit. When evaluating a policy, keep in mind the cost as well as the potential benefits.

Those costs include that of the co-payment you’ll have to contribute, typically of between 10% and 30% of the bill, after the deductible has been met.

If your pet had a pre-existing condition when you bought the insurance, it will not be covered under the policy. This means you’ll have to pay full price for any procedure.

By doing the math on these considerations, you can determine whether a pet insurance policy will benefit your pet and your wallet.

Cheap Pet Insurance FAQs

When is the best time to insure my pet?

One argument is that the best time to insure your pet is as soon as you’re able. Some companies allow you to insure your pets when they’re only a few weeks old. This reduces the cost of your premium, at least initially, because there’s only a slim chance of a pet needing acute care at a young age.

However, since serious accidents and illness are comparatively rare for the first few years in the life of a dog or cat, there’s also an argument to delay coverage. There’s a risk of being shut out of coverage due to the development of a pre-existing condition, but you will otherwise wind up spending less in premiums over the lifetime of the pet.

Does pet insurance cover routine care?

Some pet insurance policies cover routine care such as annual checkups. Typically, they are considered comprehensive care plans and include not only accident and illness coverage but preventive and wellness care. Premiums are typically higher than for accident and illness policies.

Is pet insurance tax-deductible?

In most cases, pet insurance is not tax-deductible. There are some exceptions, though, for guide dogs or service animals that help disabled individuals. Pets deemed emotional support animals cannot be claimed on your tax forms.

What are the risks if I don’t insure my pet?

The biggest risk of not insuring your pet is having to pay the full cost of very high medical fees in the event your pet develops a serious condition such as cancer or has a serious accident, such as being struck by a car.

Worse yet is not being able to meet those financial obligations and being forced to put down your pet.

However, keep in mind that the likelihood of such a condition developing is low, statistically speaking, and that very high vet bills will also trigger very high co-payments on your part. For example, $10,000 in bills to treat cancer — which is a plausible total — would require you to contribute anywhere from $1,000 to $3,000 to that cost, depending on the percentage of reimbursement under your policy.

How We Chose the Best Cheap Pet Insurance

To put together our list of The 5 Best Cheap Pet Insurance of 2021, we researched premiums and policy provisions for a wide variety of pet insurance providers. For companies to meet our requirements, they needed to offer valuable features at affordable and competitive prices. We took into consideration both short-term savings like monthly premiums and long-term factors such as lifetime limits.

What you pay to insure your pet depends entirely on your particular circumstances. With that in mind, we looked at average rates and pricing, flexibility with premiums and annual deductibles, and any potential limits on reimbursements to policyholders.

For more pet insurance reviews, including Trupanion, Nationwide, PetFirst, TrustedPals, Pets Best, 24PetWatch, Hartville, and Pet Assure, check out Money’s Best Pet Insurance Companies of 2021.

Summary of Money’s Best Cheap Pet Insurance


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Best Pet Insurance Companies & Plans 2021 https://pethoken.info/best-pet-insurance-companies-plans-2021/ https://pethoken.info/best-pet-insurance-companies-plans-2021/#respond Sun, 10 Oct 2021 06:04:56 +0000 https://pethoken.info/?p=72 Anyone who has ever taken a sick or injured pet to the vet knows how expensive veterinary care can be. It’s in those sorts of situations where having a financial safety net to fall back on can be most helpful. It’s also in those situations where you shouldn’t have to decide between the health of […]]]>


U.S. News 360 Reviews takes an unbiased approach to our recommendations. When you use our links to buy products, we may earn a commission but that in no way affects our editorial independence.


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9 Best Pet Insurance Companies for Dogs | 2021 https://pethoken.info/9-best-pet-insurance-companies-for-dogs-2021/ https://pethoken.info/9-best-pet-insurance-companies-for-dogs-2021/#respond Sun, 10 Oct 2021 06:04:51 +0000 https://pethoken.info/?p=60 Each product we feature has been independently selected and reviewed by our editorial team. If you make a purchase using the links included, we may earn commission. Finding the right policy for your dog can be challenging with all of the providers on the market. The Home Service Research Team at Better Homes & Gardens […]]]>


Each product we feature has been independently selected and reviewed by our editorial team. If you make a purchase using the links included, we may earn commission.

Finding the right policy for your dog can be challenging with all of the providers on the market. The Home Service Research Team at Better Homes & Gardens has analyzed the best pet insurance companies available, reading each policy’s fine print, gathering sample quotes, and learning about each company’s history and reputation to help you find the right pet insurance provider for your dog. Keep reading to learn how each provider stands out against the competition.

Top Pet Insurance Providers for Dogs

Best Overall: Lemonade

  • Annual limit: $5,000, $10,000, $20,000, $50,000, or $100,000
  • Reimbursement percentage: 70%, 80%, or 90%
  • Deductible options: $100, $250, or $500

Our Take

When we compared Lemonade against other pet insurance brands, it received a 94 out of 100 and earned the ‘Best Overall’ rating for its combination of plan customization options, policy coverage, affordability, and hassle-free claims process. Plus, it offers a comprehensive preventative care plan and a coverage add-on for your dog’s physical therapy treatments and vet fees.

While Lemonade is an ideal choice for many dog owners who want an affordable and comprehensive policy, it may not be the best option for those who want coverage for behavioral treatments, since Lemonade doesn’t cover them.

Coverage Highlights

2 days for accidents; 14 days for illnesses

Offers accident-only plan

Covers behavioral treatments

A Lemonade policy provides coverage for your dog’s accidents and illnesses, such as injuries, sicknesses, sprains, broken bones, cancer, heart disease, allergies, and hip dysplasia. It also reimburses you for treatments, procedures, or medications related to those conditions. However, Lemonade’s pet insurance does have some exclusions, such as pre-existing conditions; dental care; behavioral treatments; elective procedures, such as tail docking and declawing; experimental treatments; and any conditions caused by neglect.

For extra coverage, you can purchase the Preventative and Wellness Package for covered treatments such as wellness exams, heartworm tests, bloodwork, fecal tests, and three vaccines up to a $295 annual limit. You can also purchase the Extended Accident and Illness Package to add coverage for vet visit fees and physical therapy treatments, such as acupuncture and chiropractic care.

Cost

Lemonade is one of the most affordable pet insurance providers in the industry. Below are some sample quotes from Lemonade for various dog breeds of different ages in Raleigh, North Carolina:

The Preventative and Wellness Package is an extra $14–$18 per month depending on your dog’s breed and age, while the Extended Accident and Illness Package only costs around $3–$8 per month.

Best Benefits: Embrace

  • Annual limit: $5,000, $8,000, $10,000, $15,000, or $30,000
  • Reimbursement percentage: 70%, 80%, or 90%
  • Deductible options: $200, $300, $500, $750, or $1,000

Our Take

Embrace scored a 93.5 out of 100 in our review of pet insurance companies and stood out for its unique benefits that help pet parents save money on their dog’s policy. Like many other companies, Embrace offers a 10% multi-pet discount, but it also offers a 5% discount for military members, a 10% discount for employees of companies enrolled in Embrace’s benefits program, and the Healthy Pet Deductible benefit.

The Healthy Pet Deductible comes free with your policy and credits you with $50 toward your deductible each year you don’t file a claim. This means your deductible could be as low as $0 after multiple years without filing a claim.

Learn more about the Healthy Pet Deductible benefit, and get a free quote on an Embrace policy by filling out this online form.

Coverage Highlights

2 days for accidents; 14 days for illnesses

Offers accident-only plan

Covers behavioral treatments

Embrace covers any medically necessary treatments that result from your dog’s accidents and illnesses, such as surgeries; X-rays; ultrasounds; medical supplies; lab tests; orthopedic treatments; endodontic treatments for dental injuries, such as root canals and crowns; hospitalization; and emergency care.

If you want preventative care for your dog, you can purchase the Wellness Rewards for Routine Care Plan with annual limits of $250, $450, or $650. It covers a range of items, such as routine vet visits, spay or neuter surgery, anal gland expression, and teeth cleanings.

Embrace pet insurance has some coverage exclusions, including pre-existing conditions; cosmetic procedures, such as tail docking and ear cropping; natural supplements; and organ transplants.

Cost

Although the cost of your monthly premium will vary depending on your plan and your dog’s breed and age, here are some sample quotes from Embrace for various dogs located in Raleigh, North Carolina:

Embrace’s preventative care plan comes at a flat rate for each annual limit choice, regardless of the age or breed of your dog: $250 of annual coverage costs $19 per month, $450 of annual coverage costs $36 per month, and the $650 annual limit option costs $53 per month.

Most Inclusive Coverage: Prudent Pet

  • Annual limit: $10,000 or unlimited
  • Reimbursement percentage: 70%, 80%, or 90%
  • Deductible options: $100, $250, $500, or $1,000

Our Take

Scoring a 93 out of 100, Prudent Pet is one of the best pet insurance companies for dogs with its inclusive coverage and impressive Ultimate plan. In addition to providing comprehensive standard coverage, it includes reimbursement for a few items that other providers don’t offer, such as advertising and reward money for your lost dog, boarding kennel fees, and vacation cancellation fees.

Coverage Highlights

5 days for accidents; 14 days for illnesses

Offers accident-only plan

Covers behavioral treatments

While Prudent Pet’s Accident-Only plan covers treatments, procedures, and vet visits from accidents, including broken bones, bite wounds, tooth injuries, and swallowed objects, the Essential and Ultimate plans cover illnesses, such as skin conditions, hip dysplasia, urinary infections, cancer, growths, and digestive illnesses. The Ultimate plan also covers lost pet advertising and reward fees, boarding, behavioral disorders, replacement fees when your dog is lost, mortality costs, and vacation cancellation fees due to sick or injured pets.

You can also add wellness care coverage at three different levels—low, medium, and high—which includes vaccines, fecal exams, microchipping, deworming, wellness exams, and other benefits. Additionally, you can purchase extra coverage for vet exam fees with a separate add-on.

Prudent Pet has a few coverage exclusions, including pre-existing conditions, elective procedures, and organ transplants if not deemed medically necessary or approved by a Prudent Pet representative.

Cost

Here are some sample quotes we received from Prudent Pet for a variety of dog breeds in Raleigh, North Carolina:

Prudent Pet’s Low wellness plan costs $12 per month and comes with $210 of annual coverage. The Medium wellness plan comes with $315 of annual coverage for $20 per month, and the High wellness plan costs $30 per month for $460 of yearly coverage. These are flat rates for all breeds and ages of dogs. The add-on for vet exam fee coverage costs an additional $4–$10 per month, depending on your dog’s information.

Most Inclusive Coverage

Prudent Pet

Best Plan Variety: Spot

  • Annual limit: $2,500, $4,000, $5,000, $7,000, $10,000, or unlimited
  • Reimbursement percentage: $70%, 80%, or 90%
  • Deductible options: $100, $250, $500, $750, or $1,000

Our Take

Spot scored a 91 out of 100 in our review and offers a variety of customizable pet insurance plans. Plan variety and customization can be valuable for controlling your premium and only paying for what your dog needs. Customers can choose between an accident-only plan and an accident and illness plan, six different annual limits, three reimbursement rates, and five deductibles to create a policy that’s right for their pet.

Since Spot allows you to customize your policy to fit your budget and doesn’t have any age limits on coverage, we recommend this provider to owners of older dogs. The plan variety offered can help you find a plan with an affordable premium that would otherwise be higher if you went with another provider.

Get a free quote from Spot using the simple quote form on its website.

Coverage Highlights

14 days for all conditions

Offers accident-only plan

Covers behavioral treatments

Spot’s accident-only plan covers treatments and procedures, such as injuries, swallowed objects, and toxic ingestions, but its accident and illness plan covers vet bills related to both types of conditions, including cancer, hereditary conditions, and other illnesses that require treatment. Both plans also include microchip implantation, which is excluded from many competitors’ policies.

For preventative care options, you can purchase the Gold Plan, which covers dental cleanings, wellness exams, two vaccines, a fecal test, a heartworm test, and deworming up to $250 per year. The Platinum Plan covers everything in the Gold Plan plus spaying or neutering, flea prevention, an additional vaccine, blood tests, urinalysis, and a health certificate up to $450 of coverage per year.

Spot excludes pre-existing conditions; breeding; boarding; anal gland expression; elective procedures, such as claw removal and ear cropping; and a few other items.

Cost

With a policy from Spot, you can lower your monthly premiums by choosing a lower annual limit, but the unlimited coverage limit can add as much as $20–$40 per month to your premium. Below are a few sample quotes from Spot for dogs located in Raleigh, North Carolina:

The monthly prices for Spot’s preventative care options are standard flat rates, regardless of your dog’s breed or age. The Gold Plan is an extra $10 per month and the Platinum Plan is $25 per month.

Best Resources: ASPCA Pet Health Insurance

  • Annual limit: $3,000, $4,000, $5,000, $7,000, or $10,000
  • Reimbursement percentage: 70%, 80%, or 90%
  • Deductible options: $100, $250, or $500

Our Take

ASPCA Pet Health Insurance scored an 88 out of 100 in our review and stood out the most for its online resources and mobile app. Dog owners can use the Pet Parent Resources page on the ASPCA Pet Health Insurance website to learn about different health conditions and care tips for various dog breeds. The company’s mobile app allows you to manage your policy, connects you to the ASPCA Poison Control Center during emergencies, and helps you find local vets.

Although ASPCA Pet Health Insurance is a great choice for dog owners who want to learn more about their pet and stay connected to their policy, it may not be a good option for those who want higher annual coverage limits, since its options max out at $10,000.

Coverage Highlights

14 days for all conditions

Offers accident-only plan

Covers behavioral treatments

ASPCA Pet Health Insurance’s Complete Coverage Plan covers accidents and illnesses such as hereditary conditions, congenital conditions, broken bones, and cancer. Some examples of covered treatments include alternative therapy, MRIs, CT scans, X-rays, prescription medications prescribed by a veterinarian, prescription pet foods to treat a covered condition, supplements to treat a covered condition, surgery, and hospitalization.

You can also purchase preventative care with your ASPCA Pet Health Insurance policy. The Basic Plan includes dental cleaning, a wellness exam, deworming, two vaccines, a fecal test, and a heartworm test for a total of $250 of coverage per year. The Prime Plan covers everything in the Basic Plan plus neutering, flea prevention, a blood test, urinalysis, an extra vaccine, and a health certificate.

ASPCA Pet Health Insurance excludes pre-existing conditions; breeding; pregnancy; elective procedures, such as claw removal and ear cropping; and anal sac (gland) expression, among a few other exclusions.

Cost

Here are a few sample quotes from ASPCA Pet Health Insurance for different dog breeds in Raleigh, North Carolina:

When you request a free quote from ASPCA Pet Health Insurance, you’ll have the option to choose one of the preventative care plans. For all dog breeds, the Basic Plan costs $10 per month and the Prime Plan costs $25 per month.

Best Resources

ASPCA Pet Health Insurance

Best Healthy Pet Credit: Petplan

  • Annual limit: $5,000, $15,000, or unlimited
  • Reimbursement percentage: 70%, 80%, or 90%
  • Deductible options: $250, $300, or $500

Our Take

Petplan is another top provider for dog insurance, scoring an 88 out of 100 for its impressive accident and illness coverage and reimbursements for lost dog advertising and pet replacement costs. It stands out for its unique Healthy Pet Credit, which rewards customers with 15% off their policy’s new premium when renewing after 12 months without filing a claim and 30% off after 24 months of no claims on their dog’s accidents or illnesses.

Visit the Petplan website and answer a few questions about your pet for a free quote on a policy.

Coverage Highlights

15 days for accidents and illnesses

Offers accident-only plan

Covers behavioral treatments

All of Petplan’s policies cover exam fees during sick visits, diagnostic tests, rehabilitation, prescription medications, alternative therapies, holistic therapies, cancer treatments, hospitalization, and other items that are related to covered accidents and illnesses, including chronic conditions, hereditary conditions, injuries, hip dysplasia, and behavioral disorders.

Petplan also reimburses customers for advertising and reward fees when their dog is lost, replacement money if they aren’t able to find or recover their dog, boarding fees for their dog when they’re hospitalized for more than four days, and vacation cancellation fees that arise due to their dog’s covered condition.

Since Petplan doesn’t offer a preventative care add-on like many competitors, it doesn’t cover any routine care for your dog, including vaccines, wellness exams, and fecal tests. It also doesn’t cover pre-existing conditions, elective surgeries, breeding or pregnancy issues, prescription foods, and hip dysplasia during the first six months of your policy.

Cost

You can customize your Petplan policy’s premium by choosing between three different annual limits, deductibles, and reimbursement rates. Unlimited annual coverage caps, lower deductibles, and higher reimbursement percentages will come with higher monthly premiums.

Here are some sample quotes we received for four-year-old dogs located in Raleigh, North Carolina:

Best Healthy Pet Credit

Petplan

Most Trustworthy: Healthy Paws

  • Annual limit: Unlimited
  • Reimbursement percentage: 70% or 80%
  • Deductible options: $250 or $500

Our Take

Healthy Paws scored an 84.5 out of 100 in our review and is the most trustworthy provider with more than 11 years of experience in the industry, an A rating and accreditation from the Better Business Bureau (BBB), unlimited coverage caps, and a reliable claims center that reimburses most claims within two days.*

Although we recommend this provider to pet owners who want reliable coverage in one simple plan, it may not be best for dog owners looking for preventative care, since it doesn’t offer that option. It also has a waiting period of 15 days for accidents and illness, which is longer than most competitors.

Use this easy online tool to get a free quote from Healthy Paws and compare prices with other top competitors.

*BBB information is accurate as of July 30, 2021.

Coverage Highlights

15 days for accidents and illnesses

Offers accident-only plan

Covers behavioral treatments

Healthy Paws provides coverage for medically necessary veterinary treatments recommended by your vet for your pet’s injuries, illnesses, or unexpected accidents. None of its policies have dollar-amount limits per incident, annually, or for the lifetime of your pet, so you’ll be reimbursed for the agreed percentage of vet bills without ever reaching a coverage cap.

Healthy Paws policies have some coverage exclusions, such as pre-existing conditions; spaying or neutering; vaccinations; preventative care; elective procedures, such as microchipping and ear cleaning; and breeding.

Cost

Although Healthy Paws’ accident and illness plan is customizable for most dogs, we found that it locks in reimbursement rates and deductibles for some breeds over five years old. Here are some sample quotes from Healthy Paws for a variety of dog breeds in Raleigh, North Carolina:

To help you find the most affordable plan for your dog, Healthy Paws has an online quote tool that uniquely recommends other pet insurance providers when the monthly premiums for your dog’s breed and age are higher than competitors.

Most Trustworthy

Healthy Paws

Best for Multiple Pets: Pawp

  • Annual limit: $3,000
  • Reimbursement percentage: 100%
  • Deductible options: No deductible

Our Take

Pawp isn’t a traditional pet insurance provider; instead, it offers a membership that comes with a $3,000 emergency fund and 24/7 access to a virtual vet clinic. It scored an 82.5 out of 100 in our review, and we recommend it to people with multiple dogs, since one membership can cover up to six pets.

Pawp may not be the best choice for dog owners who want preventative care options and coverage for non-emergency veterinary treatments, since the $3,000 emergency fund can only be used for life-threatening emergencies.

Coverage Highlights

14 days for all conditions

Offers accident-only plan

Covers behavioral treatments

With a Pawp membership, you receive 24/7 access to licensed vets and pet professionals via phone, text, online chat, or video call through Pawp’s user-friendly mobile app. Additionally, the $3,000 emergency fund covers one emergency vet visit per year for one of up to six dogs.

Rather than covering specific accidents and illnesses, Pawp claims that its $3,000 emergency fund can be used for any emergency, as long as it’s verified by a Pawp vet over video chat within four hours of the incident. The emergency fund won’t cover any preventative care treatments, breeding or pregnancy issues, diagnostic procedures, or other conditions that aren’t considered life-threatening.

Cost

A Pawp membership costs $19 per month. This price includes coverage for up to six pets, but keep in mind that the $3,000 emergency fund will cover only one emergency per year. Unlike other pet insurance policies, Pawp doesn’t require you to pay any deductibles, and it can pay most vets directly for 100% of the bill. Typically, pet insurance requires you to pay for an emergency upfront, then submit an invoice to the provider during the claim for reimbursement.

Best for Multiple Pets

Pawp

Best Standard Policy: Pumpkin

  • Annual limit: $10,000 or $20,000
  • Reimbursement percentage: 90%
  • Deductible options: $100, $250, or $500

Our Take

Scoring an 82 out of 100 in our review, Pumpkin offers an impressive standard plan and a preventative care add-on for dogs with 100% reimbursement for a few wellness treatments. We recommend Pumpkin’s preventative care option to pet owners with puppies, since it covers four vaccines for disease prevention for puppies under six months old.

Get a free quote from Pumpkin by visiting the company’s website.

Coverage Highlights

14 days for all conditions

Offers accident-only plan

Covers behavioral treatments

Pumpkin reimburses policyholders for 90% of their vet bills for most treatments and procedures related to both accidents and illnesses, including diagnostic tests; medical supplies, such as bandages and casts; surgery; hospitalization; tooth extractions; and prescription medications prescribed by a veterinarian. It also covers a few other items that some other providers don’t, such as supplements to treat a covered condition, alternative therapy when performed by a veterinarian, microchip implantation, and behavioral treatments.

Pumpkin offers one wellness care plan option called the Preventative Essential Pack. It covers a full refund of one blood test for heartworm and tick disease; one fecal test for roundworms, hookworms, and whipworms; two vaccines (four for puppies under six months old); and one annual wellness exam or check-up.

Pumpkin’s policy excludes breeding; boarding; anal gland expression; cosmetic and elective procedures, such as claw removal and ear cropping; organ transplants; and a few additional items.

Cost

Since Pumpkin’s policy always comes with a 90% reimbursement, the monthly premiums for many dog breeds are often over $100. If you’re looking for lower monthly rates, consider choosing a provider like Lemonade or Embrace since they let you choose an 80% or 70% reimbursement rate to help lower premiums.

Here are some sample quotes from Pumpkin for dogs of various breeds in Raleigh, North Carolina:

Pumpkin’s Preventative Essentials Pack costs $19 per month for dogs of any breed and age.

Verdict and Recommendation

Insuring your dog or puppy with a pet insurance policy can help cover treatments and procedures during an emergency and save you money on expensive vet bills. Prices for policies will vary depending on your location and your dog’s age and breed, so get a free quote from a few different providers to compare pricing. Although each of the companies in this review offers policies for dogs of all breeds and ages, we recommend Lemonade for its plan customizability, affordable premiums, and comprehensive policy coverage. However, Lemonade isn’t available in all states, including Florida, Louisiana, and Massachusetts, so consider Embrace or Prudent Pet if Lemonade doesn’t cover dogs in your area.

Common Pet Insurance Terms

Here are some common pet insurance terms that you’ll come across when shopping for a policy:

  • Deductible: This is the amount you owe during a claim before you get reimbursed for your dog’s vet bill. For example, if your reimbursement amount during a claim is $900 but your annual deductible is $500, you’ll receive $400 when the claim is finalized.
  • Annual limit: This is the amount your provider agrees to pay for a year of coverage. If the total amount you claim goes above this amount, you’ll owe the rest out of pocket. For example, if you have an annual limit of $5,000 and your vet bill is $5,500, you won’t be reimbursed for the extra $500.
  • Reimbursement rate: Also considered co-insurance, this is the percentage of each vet bill that you’ll be reimbursed. For instance, if your policy’s reimbursement is 80% and your vet bill costs $500, your provider will pay you $400 for the reimbursement, but you’ll have to pay $100 out of pocket.
  • Preventative care: This optional coverage pays for vet visits and wellness treatments, such as annual exams, vaccinations, and bloodwork. Standard pet insurance policies don’t include preventative care unless you add it on for an extra fee, and some providers, such as Healthy Paws and Pawp, don’t offer it as an option at all.
  • Waiting period: This is the amount of time you have to wait between signing up for the policy and beginning coverage. For example, if you signed up for a policy with a 14-day waiting period for accidents and your dog gets injured the day after you sign up, the provider won’t cover any treatments or procedures related to that incident.
  • Premium: This is the amount you owe per month to keep your policy. Your quoted premium is based on a number of factors, such as your chosen annual limit, deductible, reimbursement rate, location, and dog’s breed and age.

Factors That Impact Pet Insurance Costs

The cost of your pet insurance policy will depend on a variety of factors, including your dog’s breed and age and where you live. Here are a few additional factors that will affect your policy pricing:

  • Customization: You can control your quoted premium to some extent by customizing your annual limit, deductible, and reimbursement rate based on the options provided by your pet insurance company. For example, a policy with a low annual limit of $3,000 per year, a high deductible of $1,000, and a 70% reimbursement rate would come out to a lower monthly rate compared to a policy with a higher annual limit, lower deductible, and higher reimbursement percentage.
  • Breed and age: Your dog’s breed and age can significantly affect the policy’s premium, since some dogs are more susceptible to certain diseases. For example, bulldogs and golden retrievers can be more expensive to insure since they’re known to suffer from hip dysplasia. Getting a quote from multiple providers is a good way to find the most affordable policy for your dog’s specific breed and age.
  • Discounts: You can lower the premium on your dog’s policy by looking for discounts. Most providers offer a 10% discount for adding multiple pets to a policy. Lemonade offers a unique 10% discount for bundling your pet insurance policy with renters insurance or home insurance, and Embrace offers a 5% discount for pet owners who are active military members. Note: The Embrace discount is not offered in New York or Tennessee.

Pet Insurance Rating Methodology

Before choosing a pet insurance provider to protect the health of your furry companion, consider factors such as policy coverage, plan customization, and customer experience. To save our readers’ time, we spent hours researching pet insurance companies and rated each company’s overall performance on a variety of metrics.

Here’s a breakdown of each review factor and how much we weighted them:

We scored providers on the total coverage they offer with each policy in addition to their annual coverage limits, treatments, procedures, conditions, and the types of coverage plans available.

We scored companies on their pricing for both dogs and cats, with the most affordable companies receiving the most points in this category.

We scored companies based on how many options they provide to customers to help them customize their plans and premiums. Companies with more deductibles, reimbursement rates, annual limits, and add-on options scored higher than those with fewer options.

We rated each company’s trustworthiness based on their ratings from the Better Business Bureau (BBB), years of experience, and available money-back guarantees.

This factor is scored based on the resources provided by each pet insurance company. Providers that offer a mobile app, 24/7 vet helpline, customer chat service, online portal for claims and account management, and an easy online quote tool received more points than providers without these resources.

Each company has a dedicated waiting period for accidents, illnesses, and orthopedic conditions that starts when you sign up for your policy. Companies with shorter waiting periods scored higher in this category, since they provide faster service than companies with long waiting periods.

We scored companies on each eligible species they cover, such as dogs, cats, and exotic animals, and awarded points to companies that didn’t have an age limit on pets.

Our research process involves an analysis of each company’s policies, including the following:

  • Reviewing the fine print in each contract
  • Reading more than 100 customer reviews for each provider to learn about common praises and complaints from existing customers
  • Requesting a quote from each company to compare monthly premiums for various species and breeds of pets
  • Simulating the customer experience, including the initial website visit, sign-up, and claims filing
  • Diving into the history of each company to learn about its reputation and experience

Frequently Asked Questions About Pet Insurance

How does pet insurance work?

Pet insurance operates differently than normal health insurance. While your health insurance provider receives a bill from your doctor and pays it after you pay your deductible, your pet insurance provider communicates directly with you for reimbursement after you’ve paid the vet out of pocket.

Can pet insurance also cover cats?

How much does pet insurance for dogs cost?

Younger dogs that are small or a mixed breed tend to be the most affordable to insure, with premiums starting as low as $10 per month. Older purebred dogs are more expensive to insure since they’re more susceptible to certain health conditions and accidents. Insuring your dog at an early age is the best way to get an affordable premium and guarantee any future conditions are covered by the policy.

Keep in mind that you can lower your pet insurance premiums by choosing a higher deductible, lower annual limit, and lower reimbursement rate when customizing your policy during the quote process.


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https://pethoken.info/9-best-pet-insurance-companies-for-dogs-2021/feed/ 0
Top 6 Best Pet Insurance Companies for 2021 https://pethoken.info/top-6-best-pet-insurance-companies-for-2021/ https://pethoken.info/top-6-best-pet-insurance-companies-for-2021/#respond Sun, 10 Oct 2021 06:04:33 +0000 https://pethoken.info/?p=45 According to the American Kennel Club, the average lifetime cost of owning a dog is over $23,000! While many of those costs come down to unavoidable spending on things like food and basic care, a big chunk of the costs–especially for older pets–is veterinary care. A single emergency vet visit can cost hundreds or even […]]]>


According to the American Kennel Club, the average lifetime cost of owning a dog is over $23,000! While many of those costs come down to unavoidable spending on things like food and basic care, a big chunk of the costs–especially for older pets–is veterinary care. A single emergency vet visit can cost hundreds or even thousands of dollars.

Enter pet insurance. Just like people health insurance, this type of insurance seeks to help even out the cost of your pet’s everyday medical care and protect your wallet in case of a health emergency. Unlike people health insurance, pet insurance is kind of all over the board in what it offers and what it costs.

Some pet insurance covers things like wellness visits and regular vaccinations. But many insurance policies are effectively for emergencies only. However, this type of insurance can be a good way to protect yourself from potential budget-breaking emergency pet care or long-term illnesses.

Before we talk about which pet insurance company is the best, let’s look at what types of coverage are offered, and what you should look for in insurance for your pet.

Types of Coverage We Found

With human health insurance, some coverages are mandated by law. So you know what to expect when you’re looking at health care plans, and you can also look at plans that use standardized language. With pet health insurance, things may be a little different. No one regulates what pet insurers must provide or may not charge, so everything is a bit more up in the air.

For instance, we saw many plans that were only for emergencies. These plans covered 90% of your costs after the original examination. But they excluded everything pre-existing and preventative care like vaccinations, flea and heartworm medicine, and spaying and neutering. These plans are the equivalent of catastrophic health insurance for humans. They’ll keep you from breaking the bank in an emergency but come with a lot of exclusions.

Other plans have limited coverage for wellness care and standard vaccinations. However, these plans can be a lot more expensive, so it’s often best to just budget for these costs alongside your pet insurance premiums. We recommend using Personal Capital to build and track your budget.

What About Pre-Existing Conditions?

As of right now, no pet insurance plans cover pre-existing conditions. And some have limitations on treatment for common hereditary conditions, such as hip dysplasia, as well. So be sure that you understand these limitations when you sign up for pet health care.

Because of this issue, it’s best to insure your pet sooner rather than later and to keep them continuously covered. If you decide pet insurance is right for you, you’re better off getting in on the ground level before conditions have a chance to pop up and be labeled as pre-existing.

Limits on Coverage

Of course, you’ll want to be sure you know what this insurance policy, just like any other, covers and does not cover. You’d think that all plans would cover essentials like lab tests and surgeries, but this isn’t the case. In fact, some plans specifically exclude coverage for certain tests and treatments, so be sure you understand what your plan covers.

Also pay attention to lifetime limits on coverage. Many plans have a per-incident coverage limit as well as a lifetime coverage limit. Understanding these limits up front will ensure that you make better decisions when it comes to both choosing an insurance plan and making healthcare decisions for your pet.

Which Pets are Insured?

Every pet insurance provider we saw offered coverage plans for cats and dogs. But only a few offer coverage for pets outside of these categories. Nationwide has the most comprehensive coverage for exotic pets, including birds. However, you do have to call Nationwide to get a quote for coverage on these types of pets.

If you have a cat or dog, you’re in luck because you’ll have loads of options for pet insurance. However, keep in mind that insurers will have different rate policies for different breeds. Those with a host of typical hereditary health problems may be more expensive to insure. But check around with different insurance companies to ensure you’re getting the best possible quote for your particular pet.

How You Get Paid

Unlike human health insurance, most pet insurers do not pay for your claims up front. You’ll need to pay for the health care your pet needs and then file a reimbursement. Something to look for when deciding on your insurance company is how quickly the company typically fulfills reimbursements. And then, of course, be sure that you have a way to pay the out-of-pocket costs first, whether that’s on a 0% APR credit card or out of a savings account.

Related: The Best Credit Cards for Pet Expenses

Best Pet Insurance Companies: Overview

Brand Best for
Lemonade Low premiums and bundling discount
Embrace Highly customizable plans
Pumpkin Pet Insurance Optional preventative care coverage plan
Trupanion Direct vet payments
Pets Best Pick and choose coverage for different situations
Healthy Paws No benefit maximum

Lemonade

Lemonade Pet Insurance is a tech-centered way to insure your pets. They cover both dogs and cats, with premiums starting as low as $10 a month (plus a 10% discount for existing users). Coverage includes the basics such as accidents and illness, plus additional add-ons that include preventive and wellness, and physical therapy.

One of the best features of Lemonade is their super-fast sign up as well as their hassle free claims process. Pet owners will pay out of pocket at the time of visit, and be reimbursed directly to their bank accounts. They’ll have the choice of which veterinarian to go to. What’s more, claims are often paid out in a matter of minutes, thanks to their best-in-industry AI capabilities.

Lemonade is set apart by its Award winning service as well as it’s unique profit structure as well. Instead of pocketing the unused premiums at the end of the year, Lemonade donates the money left over to a number of charitable causes that are part of its Giveback Program (including several that are pet-centric). Each pet owner can choose which causes they’d like their unused premiums to go toward.

In addition, lemonade offers policies that are simple, jargon-free and intuitive as well as live chat with medical experts on the Lemonade app.

Visit Lemonade  or read our full Lemonade pet insurance review

Top Pet Insurance Companies

Embrace

Embrace offers flexible health insurance plans for both dogs and cats–which includes puppies and kittens. the company has been providing coverage for pets since 2006, and has a Better Business Bureau rating of “A+”, the highest rating on a scale of A+ to F. One of the best features of the plan is that you can work with any licensed veterinarian, as there is no specific network.

Embrace offers what they refer to as Nose-to-tail Pet Insurance Coverage. It covers accidents, illnesses (with no per condition limitations), breed-specific and genetic conditions, cancer, and dental illnesses (up to $1,000 per year). In addition, they cover chronic conditions, like allergies, diabetes, and arthritis, with no limitations on coverage for each condition. And just as you would expect with human health insurance, your pet can also be covered for prescription medications, including oral chemotherapy.

Embrace policies have a 14-day waiting period for illnesses, and 48 hours for accidents. There’s also a six-month waiting period for orthopedic conditions for dogs, though that can be reduced to 14 days with a waiver process.

Pre-existing are generally not covered by any pet insurance company. Pre-existing exclusions are broken down between curable and incurable conditions. If the condition is considered curable, it will be excluded for 12 months after the date of the last occurrence and the pet must be symptom and treatment free for that condition during those 12 consecutive months. If the condition is considered incurable prior to obtaining insurance, that condition will be permanently excluded under the policy.

One of the features we really like about Embrace is the easy quote engine. You’ll be asked a few questions about your pet, then asked to provide your email. But the quotes will appear on the website immediately and you can change the parameters to determine the coverage level and premium that will work best for you.

Notice from the screenshot that the annual reimbursement limit ranges anywhere from a low of $5,000 all the way up to unlimited. Naturally, the lower the reimbursement, the lower the premium will be as well. You’ll also have a choice of four deductibles, ranging from $100 to $1,000, with the lowest premiums going to the highest deductibles. And finally, you’ll have a choice of three reimbursement percentages, at 70%, 80%, or 90%.

Embrace offers several discounts, including a 10% multiple pet discount, a 5% military discount and a 10% employee benefits discount if the program is offered by your employer. There’s also a healthy pet deductible, which can reduce your deductible by $50 for each year in which no claim is filed. Collectively, you can stack discounts that can reduce your premium up to 25% per year.

Visit Embrace  or read the full Embrace pet insurance review

Pumpkin Pet Insurance

Like most pet insurance plans, Pumpkin Pet Insurance is available only for dogs and cats. They have separate pages where you can get quotes for either – Pumpkin Pet Insurance for dogs and Pumpkin Pet Insurance for cats.

Pumpkin Pet Insurance stands out for their best-in-class offering, and even an optional add-on for preventative care coverage.

Pumpkin Pet Insurance policies are based on a smart level of coverage, which means you’re less likely to overpay for coverage you won’t need.

As a comparison with the quote provided above for Embrace, I ran similar numbers to get a quote from Pumpkin Pet Insurance for the dog Bruce–a one-year-old, male mixed breed dog, living in the 30022 zip code, between 51 and 90 pounds (okay, we had to use 51 to 100 pounds under the Pumpkin Pet quote).

Here’s what I came up with from Pumpkin’s site:

The screenshot covers not only the monthly payment, but also differences in reimbursement rates, here’s an example of how it usually works:

If my Husky has a surgery with $4,000 of eligible costs, I’ll pay the deductible (let’s say $250) first, but the policy will then cover the remaining $3,750 based on the reimbursement rate. With a 90% reimbursement rate, you would be responsible for an additional $375 for the surgery, after receiving the reimbursement from your insurance provider. However, with an 80% reimbursement rate, you would be responsible for twice as much, or $750.

Visit Pumpkin Pet Insurance or read our Pumpkin Pet Insurance Review

*Based on United States Fire Insurance Company data, December 2020. The data shows less than 2% of insured dog parents typically submit claims totaling over $10,000 in a policy year and less than 3% of insured cat parents typically submit claims totaling over $7,000 in a policy year.

Pumpkin Advertiser Disclosure: Pumpkin Insurance Services, Inc. is responsible for this advertisement. Pumpkin Pet Insurance policies do not cover pre-existing conditions. Waiting periods, annual deductible, co-insurance, benefit limits and exclusions may apply. For full terms, visit pumpkin.care/insurancepolicy. Products, discounts, and rates may vary and are subject to change. Pumpkin Insurance Services Inc. (“Pumpkin”) (NPN #19084749) is a licensed insurance agency, not an insurer. Insurance is underwritten by United States Fire Insurance Company, a Crum & Forster Company (NAIC #21113, Morristown, NJ) and produced by Pumpkin. Pumpkin Preventive Essentials is not an insurance policy. It is offered as an optional add-on non-insurance benefit. Pumpkin is responsible for the product and administration. Pumpkin Preventive Essentials is not available in all states. For full terms, visit pumpkin.care/customeragreement.

Trupanion

One of the oldest pet insurance companies around, Trupanion is a good bet. It’ll likely set you in the middle of the road as far as premiums go. But you get many benefits for what may be a slightly higher cost.

One of those benefits is an option for direct payment to the vet. Thousands of pet hospitals are working with Trupanion on this feature. Basically, they submit a claim as you leave, and then you pay only your portion of the claim at checkout. The rest goes from Trupanion to the vet directly. Just be sure to check if your vet is on the list before you lean on Trupanion for this feature.

Trupanion’s plan offers 90% reimbursement for all of your covered expenses after you reach your deductible. You can set your deductible between $0 and $1,000. A lower deductible will, of course, result in a higher premium.

You’ll only pay the deductible once for any particular diagnosed condition, even if treatment spans multiple years. This is different from most plans which operate more like human health insurance plans, which have a new deductible each year. However, with Trupanion, you might have to pay the deductible multiple times in one year if your pet has multiple qualifying diagnoses in a year. So keep that in mind when choosing your deductible.

Trupanion’s plan has no lifetime coverage limit. As long as you keep paying your premiums, your pet can continue to receive the 90% coverage for all covered events.

Like many pet insurance plans, this one has a waiting period for coverage. But it’s not very long. Once you’ve had coverage for five days, you can receive benefits for injuries. But you’ll have to wait 30 days before you can get coverage for illnesses.

Things that are not covered in these plans include exam fees, sales taxes, wellness and preventative care, and pre-existing conditions. However, Trupanion does cover hereditary and congenital conditions, and it pays for hospital stays, surgeries, supplements and medications, and even carts and prosthetic devices.

Pets Best

If you’re looking for a plan that covers both emergency and everyday care, Pets Best is the place to look. It offers a couple of different plan types.

The main plan is called the BestBenefit Accident and Illness Plan. It includes coverage for emergencies like accidents and long-term issues like cancer and chronic conditions. You can even get coverage for behavioral consultations or medication prescribed by a vet and for dental issues. Pets Best doesn’t have an upper age limit on pet insurance, though you’ll pay more for older pets, of course. Most Pets Best plans also include coverage for physical rehabilitation should your pet require this after a surgery or injury.

As with many plans, Pets Best has some exclusions, including herbal and holistic or experimental therapies, supplements not prescribed by your vet, parasite issues, and preventative procedures.

One good thing about Pets Best is that you can divvy up your coverage into different types. For instance, you can get accident only coverage if you’re on a tighter budget. This can protect your pet against potential issues, especially when they’re younger, without the cost of a full coverage plan.

Pets Best also offers coverage for routine care. The EssentialWellness plan costs $20 per month and pays for a variety of preventative care each year. It could be a helpful option to spread the costs of your pet’s basic wellness care out over the year, even if it doesn’t necessarily make those costs cheaper. The BestWellness plan costs $26 per month and covers more wellness issues and higher costs, as well.

One of the pluses for this company is that it typically gets reimbursements out within five days, and it can do reimbursement via direct deposit. You can also make claims easily and quickly online, which is convenient for most people.

Healthy Paws

This company has consistently high customer reviews, and it doesn’t have any caps on payouts. There are no per incident or lifetime limits. Healthy Paws processes most claims in 3 to 10 business days, and you can submit a claim by uploading a picture of your vet bill using their mobile app.

Healthy Paws is one of the few plans we found that covers alternative treatment options, so if you prefer to try more natural treatment options for your pets, it could be a good bet for you.

On the flip side, one interesting exclusion is that Healthy Paws considers cruciate ligament problems to be a pre-existing condition if your pet has the issue in one leg but not the other. Any cruciate ligament problems mean that treatment for this condition will be excluded for both legs.

Related: Which Pet Insurance Will Pay the Vet Directly?

How We Came Up With This List

Pet insurance, like insurance for humans, is complex, so it can be difficult to evaluate different plans to choose the best one.

When coming up with this list, we looked at a few factors.

One is the reputation and age of the insurer. The last thing you want from an insurance company is for you to file a claim, only to find out that your insurer doesn’t have enough money to make the required payments.

Another thing we considered is the cost of the plan. Insurance is supposed to help you save money if you experience a catastrophe, like your pet getting sick or injured. If the monthly payment is too high, the insurance won’t be doing its job well.

We also considered the customizability of the plans. Some insurers let you choose specific coverages or adjust things like the deductible and reimbursement amount. The more customizable the plan, the more opportunity customers have to adjust their monthly premium to be affordable.

Of course, we also looked at the actual coverage the insurance companies offered. You don’t want to buy insurance that has lots of hidden exclusions and doesn’t wind up helping you pay the bills, so the more a plan covers, the better.

FAQs

These are some of the most frequently asked questions about pet insurance.

Pet insurance is, of course, designed for people who own pets. For the most part, pet insurance will be most helpful for people who don’t have a large emergency fund or who want to protect themselves from a catastrophic event like a serious illness or injury to their pet. Many pet insurance companies do not cover preventative care like regular check-ups and vaccinations, so you’ll still have to pay these costs out of pocket. Where coverage kicks in is during emergencies, so if you worry about paying for emergency vet care, pet insurance can help.

The cost of pet insurance varies widely and is based on a few factors. For example, cats tend to be cheaper to insure than dogs, smaller pets are frequently cheaper to insure than larger ones, and younger ones usually cost less to insure than older ones. Premiums for pet insurance can cost as little as $10 per month or as much as $100 or more per month depending on your pet.

There are a few ways that you can reduce the cost of pet insurance. One is to adjust your policy to have a higher deductible or a lower reimbursement amount. This means that you’ll pay more out of pocket if you ever need to file an insurance claim, but will also reduce your monthly payment. Insuring your pet while they’re young can also help reduce the cost of insurance. Younger pets tend to be cheaper to insure and those savings can continue as your pet ages so long as you maintain your coverage. Bundling your insurance or getting insurance for multiple pets can also reduce the per-pet cost of coverage.

For the most part, pet insurance does not pay your veterinarian directly. Instead, you have to pay the bill at the vet’s office. After you’ve paid the bill, you can file a claim with your insurance provider. Your insurer will review the claim and, if it is approved, reimburse you for some or all of the payment you made to the vet.

Pet insurance does have some exclusions that are important to know about. One of the most common exclusions is pre-existing conditions. This is one of the reasons that it’s important to get insurance for your pet when they’re young, as they will not have many pre-existing conditions until they’re older. Another common exclusion is preventive care, such as vaccinations and annual check-ups.

Best Pet Insurance Companies: Summary

Brand Coverage Premium Special Features
Embrace Accident, illness, preventative care $12 – $120 per month Diminishing deductible
Pumpkin Pet Insurance Accident, illness, dental, behavioral, preventative care $10 – $140 per month Preventative care package
Lemonade Accident, illness As low as $10 per month Bundling discount, excess premiums support charity
Trupanion Accident, illness, medications, veterinary supplements $25 – $250 per month Payments directly to your vet, no lifetime coverage limit
Pets Best Accident, illness, preventative care As low as $20 per month Choose only the coverages you want
Healthy Paws Illness, accident, hereditary and congenital conditions, chronic conditions, surgery, hospitalization, specialty care, alternative care $20 – $250 per month No lifetime coverage limit

Choosing the Right Coverage for Your Pet

When it comes to choosing the best pet insurance for your pet, it’s all about balancing coverage and costs. You’ll need to look at your pet’s history and current health as well as potential problems related to your pet’s breed. If your pet is very active or more likely to be injured, pet insurance might be an even better idea.

Generally, wellness care coverage is only worthwhile if you’ll max it out so that you don’t pay more for the coverage than you would have for the care. But it can be worth your while when pets are very young and you are getting them spayed/neutered while also keeping up-to-date on all those vaccinations and wellness visits. After this point, you’ll need to do the math to see if the plan is worth your while.

Outside of this, be sure you’re working with an established company that has been paying claims for a while. The last thing you want is to pay premiums for years only for a company to bottom out right before you need to pay for a major surgery for your pet!

And, as always, be sure to read the fine print and shop around. Some insurers will have very specific procedures and exclusions. So be sure you’re getting the best pet insurance for your pet by looking deeply into what the plan offers and what it will cost.

Related:


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11 Best Pet Insurance Companies of September 2021 https://pethoken.info/11-best-pet-insurance-companies-of-september-2021/ https://pethoken.info/11-best-pet-insurance-companies-of-september-2021/#respond Sun, 10 Oct 2021 06:04:26 +0000 https://pethoken.info/?p=33 Pet insurance is a way for pet owners to find peace of mind knowing that when an unexpected injury or illness occurs, they can expect part or all of the covered veterinary treatment to be reimbursed. Unexpected veterinary care for dogs and cats can cost between $800 and $1,500 on average, depending on where you […]]]>


Pet insurance is a way for pet owners to find peace of mind knowing that when an unexpected injury or illness occurs, they can expect part or all of the covered veterinary treatment to be reimbursed.

Unexpected veterinary care for dogs and cats can cost between $800 and $1,500 on average, depending on where you live, thus making financial planning an essential part of pet ownership.

Like any other type of insurance, pet insurance coverage and costs vary greatly based on your unique situation. Knowing this, our team compared our partner providers to identify the best for different needs. This way, all pet owners can find the policy and financial protection they need — whether that be an affordable premium or broader coverage.

Best pet insurance reviews

Embrace: Best for coverage

  • Offers a diminishing deductible of $50 each year you don’t receive a claim payment
  • Plans include an accident and illness or accident-only policy and optional wellness coverage
  • Will cover curable pre-existing conditions that go symptom-free for 12 months

Embrace sold its first policy back in 2006 and has been an industry leader ever since. The company only offers pet insurance, ensuring that its customers and their pets get its full support.

The Embrace pet insurance plan was our choice for the best coverage as it was the most comprehensive pet insurance policy of all of the companies we reviewed. On top of similar coverage from other companies, Embrace also covers dental illnesses, exam fees, alternative therapies, and more.

An important term to be aware of with pet insurance is pre-existing conditions. These are conditions that occur before or during your waiting period, and many insurance companies won’t cover them. However, Embrace distinguishes between curable and incurable pre-existing conditions. Meaning that if your pet remains symptom- and treatment-free for 12 consecutive months, the condition will be covered in the future.

To help you understand what is and isn’t a pre-existing condition, Embrace offers a free Medical History Review after you enroll. With a 30-day money-back guarantee, you can rest assured that if anything comes up that you aren’t happy with, you have the freedom to cancel your policy and walk away with no incurred costs.

>> Visit Embrace’s website for a quick, free quote to get your customized policy.


Spot: Best for a limited waiting period

  • Well-known dog behaviorist Cesar Milan serves as Chairman
  • Plans include an accident and illness or accident-only policy, and optional wellness coverage
  • There are no per-incident limits or lifetime caps

Spot is one of the newer pet insurance providers. However, all of its policies are underwritten by United States Fire Insurance Company which was established in 1822 and began underwriting pet insurance policies in 2006.

A waiting period is a common requirement for all pet insurance companies after enrollment. This ensures that you don’t take advantage of the pet insurer by signing up after an injury or illness has already occurred.

Any injury or illness that occurs before or during the waiting period will be determined a pre-existing condition and will not be covered by the company. One way to reduce this risk is to find a pet insurance company that offers a shorter waiting period than the rest.

Spot stood out in this area, and this is why it’s our choice for the best pet insurance with a limited waiting period. The company requires a 14-day waiting period for both injuries and illnesses, which is mostly standard. It does not require a 6-month waiting period for any cruciate ligament or orthopedic injuries like many other companies do.

As those injuries can require some of the more costly treatments, it’s nice to know that several months into your waiting period, you won’t have to worry about an unexpected injury occurring and being deemed a pre-existing condition.

>> Visit Spot’s website for a quick, free quote to get your personalized policy.


Healthy Paws: Best for fast claims

  • 99% of claims are processed within two days
  • Offers one single, comprehensive accident and illness policy with unlimited coverage
  • See the status of your claim in real-time through the computer or mobile app

Founded in 2009, Healthy Paws is one of the more well-known pet insurance companies. It’s earned praise from many in the industry, but most importantly, from its customers. As of April 5, 2021, the company has received over 1,000 reviews on Trustpilot, with a score of 4.4 out of 5.

Healthy Paws pet insurance includes one policy that comes with no caps on claim payouts and reimburses you based on your actual vet bill, not based on what the company thinks your pet’s condition should have cost.

Anyone who has submitted a claim to an insurance company knows how stressful waiting to be reimbursed can be. Healthy Paws is committed to its customers to limit the time you have to wait to have your claim processed. According to its website, 99% of claims are processed in two days.

With any insurance company, fast claims aren’t the only factor worth considering. You should also consider the company’s financial strength and stability to ensure it can meet its financial obligations. With Healthy Paws, you can feel confident in that strength and stability. The company partnered with Aon Corporation, a global insurance broker with over $30 billion in assets. Additionally, its policies are underwritten by Chubb Group, an A+ rated insurer with over $25 billion in surplus.

For these reasons, Healthy Paws is our choice as the best for fast claims.

>> Visit Healthy Paw’s website for a quick, free quote to get your customized policy.


ASPCA: Best for an experienced company

  • Has insured over 400,000 dogs and cats, processing more than 1.6 million claims
  • Plans include an accident and illness or accident-only policy and optional wellness coverage
  • All plans include access to Anytime Pet Healthline to consult a veterinary professional in an emergency

Founded in 1866, ASPCA, also known as the American Society for the Prevention of Cruelty to Animals, is most widely known for its efforts to prevent animal cruelty. However, starting in 2006, a strategic partnership with United States Fire Insurance Company created ASPCA Pet Health Insurance.

United States Fire Insurance Company has, over the last 20 years, insured more than 400,000 dogs and cats while processing more than 1.6 million claims. So, experience is certainly not lacking from this team of over 1,000 employees.

Through ASPCA, pet parents can choose one of two pet insurance plans: a comprehensive accident and illness policy or an accident-only policy. There is also an optional wellness plan for those looking to be reimbursed for preventative or routine care that can be attached to your policy.

>> Visit ASPCA’s website for a quick, free quote on your personalized policy.


Best of the rest

If you didn’t find a company above that offers the coverage you and your pet need, here are the rest of our picks for the best pet insurance companies for dogs and cats.

Company Our Choice
Prudent Pet Best for a 24/7 licensed vet chat
Pets Best Best for deductible flexibility
FIGO Best mobile app
Petplan Best for virtual vet visit coverage
PetFirst Best for a short waiting period for accidents
Trupanion Best for paying the vet directly
Pumpkin Best for preventative or routine care

How we determined the best pet insurance companies

Our team conducted over 40 hours of research to compare all of our partners based on policy terms, coverage inclusions and exclusions, quotes we received for different pets, and customer reviews to determine the best pet insurance companies.

Here is a brief breakdown of what we looked at and what we valued within these four categories.

  • Policy terms: Some factors we considered included deductibles, reimbursement rates, benefit limits, and discounts. We valued customization and pet insurance plans that clearly outlined what a policyholder could expect if they enrolled.
  • Coverage inclusions and exclusions: This was where we dove into sample policies and company resources to identify what would and wouldn’t be covered for your pet. We valued comprehensive coverage.
  • Quotes we received for different pets: We submitted at least five quotes for each pet insurance company to gather a picture of how affordable their premiums would be. We valued companies with fair pricing and premiums that wouldn’t break the bank.
  • Customer reviews: We primarily used Trustpilot to see how customers felt about each company, the customer service experience, and the policies they offered. We valued positive customer reviews as happy customers are a good sign for any product.

Now that you can better understand what we looked at when determining which companies were the best, here is a full list of the pet insurance companies considered in our review.

Helpful tips for taking the next step

Insurance companies typically avoid disclosing pricing information because it’s tough to accurately present pricing to all potential customers when each policy is designed uniquely for your needs and background.

For this reason, we recommend identifying the companies on this list that stand out to you and submitting a free quote with each so that you can get an accurate understanding of what coverage your pet will receive and what a policy will cost.

Nearly all of these companies allow you to customize the terms of your policy once you receive your quote so that you can find a monthly premium that meets your budget and offers maximum financial protection at that price.

We submitted several online quotes with each provider listed above, and each form took less than two minutes to complete. There were no accounts to set up, no verification requirements, and no obligations.

Pet insurance FAQs

How does pet insurance work?

Pet insurance reimburses you for unexpected accidents and illnesses suffered by your pet. Its purpose is to help pet owners avoid significant financial loss from hefty unanticipated veterinary bills. It’s also a way to avoid having to make a difficult decision on whether or not you can afford to treat your pet in an emergency.

Following enrollment and the completion of your waiting period, you’ll be responsible for all costs until you meet your deductible. Your deductible is a customizable term on your policy and typically varies between $50 to $1,000 per year. Those who choose a higher deductible will normally pay a lower premium.

Regardless of whether you’ve met your deductible requirement, make sure always to file claims for vet bills you receive.

Once your deductible has been met, you’ll start being reimbursed for vet bills incurred for conditions covered by your policy. These reimbursement rates are customizable and typically vary between 70% to 90% but can go up to 100% in some cases. If you have a reimbursement level of 80%, your provider will cover 80% of the vet bill, and you’ll be responsible for the other 20%.

The final customizable piece of your policy is your benefit limit. This limit is the maximum amount your provider will pay out in claims. Coverage limits are typically annual but can be per-incident or set for the life of your policy as well. These payout limits generally are between $5,000 and $20,000 but can be unlimited.

What is the best pet insurance?

Most pet insurance companies offer quality coverage with a few differences from the rest. These differences can be significant when it comes to lifetime costs for your pet’s care. Our selections of the best pet insurance focused on identifying where each of these companies stood out amongst the rest. This way, pet owners can easily find the pet insurance company that offers the benefits that they most value.

Here is a recap of our selections:

Company Our Choice
Embrace Best coverage
Spot Best for a limited waiting period
ASPCA Best for an experienced company
Prudent Pet Best for a 24/7 licensed vet chat
Pets Best Best for deductible flexibility
FIGO Best mobile app
Petplan Best for virtual vet visit coverage
PetFirst Best for a short waiting period for accidents
Trupanion Best for paying the vet directly
Pumpkin Best for preventative or routine care
Healthy Paws Best for fast claims

Is the best dog insurance different than the best cat insurance?

All of the pet insurance companies we reviewed offered coverage to both dogs and cats. For that reason, our picks for the best pet insurance companies would remain the same for either a dog or cat.

It’s worth noting, however, that some differences showed up in our research. One difference was the benefit limit offered to dogs and cats by Pumpkin. The benefit limit for dogs was $10,000 or $20,000, while the benefit limit for cats was $7,000 or $15,000. Another difference we noticed was specific to preventative care options. Certain plans had benefit limits for vaccinations that, while the same in value, were reserved for different types of vaccinations (rabies vs. feline, for example).

When is the best time to take out pet insurance?

For the full benefits of pet health insurance, it’s recommended that you insure your pet when they are still a puppy or kitten. This is because younger pets are deemed to be at less risk for accidents or illnesses when compared to older pets. For an insurer, less risk is better, often leading to more affordable premiums.

Another benefit for younger pets is that they usually haven’t developed any pre-existing conditions yet. Pre-existing conditions are not covered by pet insurance providers, limiting the coverage options you can receive. Getting ahead of these risks is essential to maximize the value of a policy.

>> Read More: Is there pet insurance with no waiting period?

What does pet insurance cost?

The price of pet insurance is determined by several factors such as type of pet, breed, age, location, policy terms, and more. Nearly all providers allow for some form of customization to the policy, allowing you to receive different prices while many of the factors mentioned remain the same.

We received several quotes from the providers mentioned above, and prices varied from under $20 to over $130 per month. However, some providers do claim to offer policies with even lower premiums than what we received.

What does pet insurance cover?

Pet insurance is intended to cover unexpected accidents and illnesses. Coverage can vary by company, the type of policy selected, and any inclusion of optional add-ons.

Generally speaking, policyholders are reimbursed for accidents, illnesses, hereditary and congenital conditions, alternative therapies, behavioral issues, chronic diseases, cancer treatment, diagnostic testing, exam fees, prescriptions, specific dental work, hospitalization, surgery, and more.

>> Read More: What does pet insurance cover?

What does pet insurance not cover?

Excluded treatment will vary by company, but generally, most exclude the same things. Some of these items include pre-existing conditions, cosmetic procedures, experimental therapies, breeding costs, and preventative care.

To better understand how pre-existing conditions and preventative care are handled, check out the questions below.

What happens if my pet has a pre-existing condition?

Pre-existing conditions are excluded from nearly all pet insurance provider’s policies. The reason for this is simple. Providers don’t want pet owners to sign up for coverage only after their pet has suffered an unexpected injury or illness.

These pre-existing conditions won’t restrict your ability to enroll in a plan; it’ll just limit what claims your provider will payout. However, a new trend is growing in the pet insurance industry. Several providers have started to distinguish pre-existing conditions between incurable and curable.

A curable pre-existing condition is free of treatment and symptoms for a certain number of days. Once that period is met, the provider will begin offering coverage for that condition.

Learn more about how pre-existing conditions impact pet health insurance.

Does pet insurance cover routine care?

Pet insurance does not cover routine care. Providers offer this as an optional wellness plan that can be attached to your pet insurance policy. It typically comes with an added monthly cost, no deductible, and usually a set benefit limit each year.

Some preventative care items that can be covered with a wellness plan include an annual exam, vaccinations, blood screening, fecal tests, urinalysis, heartworm/flea prevention, spaying/neutering, and more.

>> Read More: Pet wellness plans vs. pet insurance

Additional readings to help with your decision


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What Pet Insurance Costs | Money https://pethoken.info/what-pet-insurance-costs-money/ https://pethoken.info/what-pet-insurance-costs-money/#respond Sun, 10 Oct 2021 06:04:21 +0000 https://pethoken.info/?p=14 Your heart may want it all when it comes to insuring your dog or cat, but your head may balk at what that costs. Shopping smartly for pet insurance means understanding the factors that affect its price, and adjusting the ones you can control to get a policy you can live with, both financially and […]]]>


Your heart may want it all when it comes to insuring your dog or cat, but your head may balk at what that costs. Shopping smartly for pet insurance means understanding the factors that affect its price, and adjusting the ones you can control to get a policy you can live with, both financially and emotionally.

The first price factor is your pet’s species. Dogs cost more — some 60% more, on average — to insure than cats, in part due to data that shows dogs more often require care than cats, and it’s more expensive when it’s needed. According to a 2019 survey by the North American Pet Health Insurance Association (NAPHIA), Americans spent an average of $48.78 per month ($585.40 a year) insuring their dogs, and $29.16 per month ($349.93 a year) insuring their cats, based on premiums for accident & illness (“comprehensive”) plans.

Within each species, premiums vary significantly according to the financial risks you’re willing to take, the company you pick, and the animal’s breed, age, and location. Prices also vary, of course, by the scope of coverage you choose.

As an example of how those factors can combine to yield differing premiums, consider the cost of buying identical coverage for five-year old dogs of two different breeds. The English Bulldog would cost $180 to $240 more a year to insure than the Golden Retriever.

This guide explains how and why such disparities exist, so you can better understand the costs of pet insurance and the decisions you can take to tailor it to your priorities and budget.

Paying For Pet Insurance

Pet insurance is similar in many ways to human health insurance, with deductibles and reimbursement rates that can vary widely. Deductibles are the amount of money you’ll have to pay before your insurer begins to disburse payments — with pet insurance, this initial cost can range from $200 to as much as $1,000.

Even once you’ve paid down that deductible, your insurance won’t cover 100% of your expenses, but rather either 70%, 80%, or 90%. Those are known as reimbursement rates (or reimbursement percentages), and you can select which of the three or four amounts you want.

But another number also comes into the play. Your animal’s policy will have a cap on the amount of coverage provided in any given year; you choose one of several limits between $5,000 and $30,000. If you cap your insurance at $5,000 annually, and vet bills surpass that amount, the insurer won’t cover any more expenses until the next year.

Finally, know that, unlike many human insurance plans, pet insurance companies don’t cover costs upfront, but rather reimburse you at your policy’s rate after you pay the bill in full. This process can take 1-2 business days if you choose a direct deposit option, or 1-2 weeks if you choose to receive a check by mail.

The biggest cost factor: the scope of coverage

Unsurprisingly, the wider the range of medical issues you want covered for your pet, the higher your premiums. How many perils you insure against will affect your premiums more than any other choices you make about your policy.

Policies that cover both accident and Illness — also known as “comprehensive plans” — are the most popular type. They cover your pet for everything from toxin ingestion, cuts and lacerations, and encounters with cars to illnesses such as allergies, asthma, cancer, hospitalization, and even cancer. Here, again, are the national average costs for these plans:

Source: North American Pet Health Association.

If your budget is limited, you can save about two thirds on pet insurance by buying an accident-only plan. Here are the corresponding national-average premiums for accident coverage alone:

Premiums, accident-only policies chart. Dog, $16.17 monthly, $194.09 annually. Cat, $10.51 monthly, $126.08 annually.

Source: North American Pet Health Association.

In short, then, you can save nearly $400 a year on average on insuring a dog and more than $200 on insuring a cat by choosing an accident-only plan rather than a comprehensive one that also includes illness coverage. While accident-only policies are an inexpensive option, they of course only cover accidents. That coverage may be of limited utility if your pet rarely if ever ventures outside, say, or isn’t prone to self-induced accidents such as eating things they shouldn’t.

Even a “comprehensive” accident-and-illness plan isn’t truly comprehensive, in that it will not cover some medical expenses. Most notably, routine and preventative care, such as vaccinations, tick and flea treatments and the like, are not included and generally require adding wellness coverage at extra cost. Some wellness plans charge a flat fee, while others calculate premiums by using your pet’s breed and/or your zip code.

Here are prices, based on the average of premiums from five insurers, on a representative dog and cat in Lake City, Florida (where you live affects premiums, as we note further down in the story):

Premiums, wellness policies chart. Labrador retriever dog, $14.39 monthly, $172.68 annually. British shorthair cat, $13 monthly, $156 annually.

Source: North American Pet Health Association.

Pet insurance companies differ in their policy provisions, of course. So while some companies offer wellness plans as a separate policy, others, most offer it as an add-on to their comprehensive policy. Also, though wellness-only plans typically don’t include dental cleaning as standard (this is usually part of illness coverage), some insurers do so: the American Kennel Club, for example, offers dental treatment as part of their DefenderPlus plan.

The bottom line: the greater the scope of coverage, the costlier the policy. This chart summarizes what you could pay, depending on whether you buy accident-only, accident and illness, or accident and illness plus wellness coverage. As it shows, you can easily save more than $200, on average, in premiums by foregoing wellness coverage.

Accident-only costs chart. Dog $16 monthly, $192 annually. Cat, $9 monthly, $108 annually. Accident and illness costs. Dog, $41 monthly, $492 annually. Cat, $20 monthly, $240 annually. Accident and illness plus wellness cost. Dog, $60 monthly, $720 annually. Cat $39 monthly, $468 annually.

Amounts shown are average premiums, rounded to the nearest dollar, from Embrace, FIGO, Nationwide, Pets Best, and Pet Premium for a three-year-old medium size, mixed-breed dog and a domestic shorthair cat for a policy with an 80% reimbursement level and $500 deductible. Annual limits are $5,000 for the accident and illness components, and the lowest limit (most often $250) for wellness coverage. FIGO and Nationwide did not offer accident-only policies, so that average is based only on the other three insurers.

What else affects premiums

Beyond whether you own a dog or a cat, and how many components of coverage are in your policy — accidents and illness, accident-only, or wellness as an add-on — five other key factors affect how much you will pay for pet insurance.

Here are the five, in rough order of how much they influence your costs, with some specifics on the size of their impact on premiums:

The deductible you choose

After the plan you choose, the deductible you select is the biggest factor that influences premium costs, our research revealed. As the table below illustrates, you’ll pay at least $200 more a year on average by opting for a deductible of $200 for your pet policy rather than one of $500. With a higher deductible still, the savings more than double; a policy with a $1,000 deductible costs $450 less per year than one with a $200 deductible.

Savings versus choosing a $200 deductible chart. $200 deductible, monthly premium $69.53, $0 monthly difference, $0 annual difference. $500 deductible, monthly premium $51.50, $18.03 monthly savings, $216.36 annual savings. $1,000 deductible, monthly premium $31.76, $37.77 monthly savings, $453.24 annual savings.

Amounts shown are average premiums from Embrace, FIGO, Nationwide, Pets Best, and Pet Premium reflecting both a three-year-old medium size, mixed-breed dog and a domestic shorthair cat for an accident and illness policy with an 80% reimbursement level, $500 deductible, and a $5,000 annual limit.

The annual limit on expenses

The total annual expenses the policy will reimburse also affect the cost of your premiums, albeit by less than the deductible you choose. If your bills exceed the limit during the anniversary year for your coverage — that is, the 12-month period since you began or renewed the policy — no further expenses will be covered until the year ends. We’ve compared the average premium at 80% reimbursement for three different annual limits — from typical ($5,000) to high ($10,000) to extremely high ($30,000).

Cost difference vs. $5,000 annual limit chart. $5,000 annual limit, $38.30 average monthly premium. $0 monthly, $0 annually. $10,000 annual limit, $43.67 average monthly premium. Plus $5.37 monthly, plus $64.44 annually. $30,000 annual limit, $49.42 average monthly premium. Plus $11.12 monthly, plus $133.44 annually.

Amounts shown are average premiums, rounded to the nearest dollar, from Embrace, FIGO, Nationwide, Pets Best, and Pet Premium reflecting both a three-year-old medium size, mixed-breed dog and a domestic shorthair cat for an accident and illness policy with an annual limit of $5,000 and a $500 deductible.

The proportion of expenses that are reimbursed

Adjusting the percentage of expenses the policy reimburses (up to the annual limit) can also reduce the cost of your premiums; unsurprisingly, the higher the proportion of reimbursement, the higher the premium you will pay. The table below — based on a $500 deductible for a dog’s comprehensive plan with a $5,000 a year treatment limit — underlines how much less you can pay, and what you can save. It reveals that premiums drop by more than $100 a year if you choose to have only 70% of costs reimbursed, rather than the maximum reimbursement of 90%.

Savings versus 90% reimbursement chart. 90% reimbursement percentage, $42.57 monthly premium. $0 monthly savings, $0 annual savings. 80% reimbursement percentage, $38.30 monthly premium. $4.26 monthly savings, $51.12 annual savings. 70% reimbursement percentage, $34.05 monthly premium. $8.50 monthly savings, $102.24 annual savings.

Amounts shown are average premiums, rounded to the nearest dollar, from Embrace, FIGO, Nationwide, Pets Best, and Pet Premium reflecting both a three-year-old medium size, mixed-breed dog and a domestic shorthair cat for an accident and illness policy with a annual limit of $5,000 and a $500 deductible.

Where you live

If you’ve ever requested a pet insurance quote, you may have noticed they asked for your zip code. This is because insurance companies consider your location when they determine premium costs.

A big factor is the relative cost of vet care across the country. According to 2016 claims data released by PetPlan, California pet parents pay an average of $1,500 a year in vet costs — but pets in North Dakota average a little less than $800. Rates may also vary within states, say between urban areas with higher costs or rural ones where rates might be lower. To find out average premium costs near you, 365 Pet Insurance has a helpful breakdown, with data for five cities per state.

The effect of different areas on accident risk also affects premiums for accident coverage. Urban dogs and cats have a higher probability of being in an accident — such as being hit by a car — than their rural counterparts. To mitigate these higher risks, insurance companies charge higher premiums.

Your pet’s breed

Aside from the disparity in premiums between dogs and cats, there are cost differences according to the specific breed of either species that you are insuring.

Breed makes a considerable difference in cost, since many are prone to hereditary diseases. English bulldogs, for example, are typically born with demodectic mange, which cost an average of $350 to treat, while Golden and Labrador Retrievers are more prone to suffering from elbow dysplasia, where surgery averages at $1,500-$4,000, per elbow, for young dogs.

To evaluate the differences in cost between cat and dog breeds, we requested a quote from each company using five of the most popular dog and cat breeds in the US, and then we calculated the average premium for each breed. Surprisingly, the differences between the least and most expensive was less than $3 a month for cats — but almost $14 in the case of dogs.

Average premiums, accident and illness policy for dogs chart. Golden retriever $43.07 monthly, $516.84 annually. Labrador retriever $44.38 monthly, $532.56 annually. German shepherd $44.83 monthly, $537.96 annually. English bulldog $55.56 monthly, $666.72 annually. French bulldog, $56.63 monthly, $679.56 annually.

Amounts shown are average premiums, rounded to the nearest dollar, from Embrace, FIGO, Nationwide, Pets Best, and Pet Premium reflecting both a three-year-old dog of the indicated breed for an accident and illness policy with an annual limit of $5,000 and a $500 deductible.

Average premiums, accident and illness policy for cats chart. Exotic shorthair $18.08 monthly, $216.96 annually. British shorthair $19.65 monthly, $235.80 annually. Ragdoll $20.19 monthly, $242.28 annually. Persian $20.28 monthly, $243.36 annually. Maine coon $21.15 monthly, $253.80 annually.

Amounts shown are average premiums, rounded to the nearest dollar, from Embrace, FIGO, Nationwide, Pets Best, and Pet Premium reflecting both a three-year-old cat of the indicated breed for an accident and illness policy with an annual limit of $5,000 and a $500 deductible.

The age of the animal

The cost to insure your dog or cat will consistently increase as the animal gets older. Some, though not all, insurance companies limit plan options as your pet ages, and may even reject insuring your pet if it’s more than 15 years old.

The good news from our price data is that premiums barely budged at all for three-year-old pets compared with one-year-olds. However, the prices then climb steadily with age, reflecting the greater likelihood of an older pet getting sick compared with a younger one.

For both dogs and cats, premiums jumped by about 25% between the ages of three and five and about 50% between five and eight years old. With dogs, there was another leap of 50% or so between eight and ten, perhaps reflecting the higher cost of treatment compared with cats, the premiums for which jumped by about a third between ages eight and ten.

Premium cost by age chart. Dogs, 1 year old, $36.83, 3 years old, $38.68, 5 years old, $48.19, 8 years old, $71.43, 10 years old, $119.46. Cats, 1 year old, $19.51, 3 years old, $20.22, 5 years old, $24.17, 8 years old, $36, 10 years old, $50.40.

Amounts shown are average premiums, rounded to the nearest dollar, from Embrace, FIGO, Nationwide, Pets Best, and Pet Premium reflecting both a three-year-old medium size, mixed-breed dog and a domestic shorthair cat for an accident and illness policy with an annual limit of $5,000 and a $500 deductible.

The insurer you choose

As with most other insurance types you buy, premiums to insure your pet range widely by insurance company. When we surveyed the cost of comprehensive (accident and illness) policies from five leading companies (see chart below), premiums for comparable coverage varied by more than 100% — that is, some insurers charged double the rates of others.

Those price differences could add up to more than $150 extra a year to insure a cat and upwards of $350 a year for a dog. However, keep in mind that the coverage you buy may also vary — and more than with some other policy types, such as automotive insurance, whose provisions are fairly explicit and consistent. As our pet insurance coverage report details, some insurers include dental coverage or behavioral therapy — to cite just two items — in their comprehensive plans and others don’t. It pays to explore coverage details for insurers you’re considering, beginning with the sample policies that most companies post on their websites.

For what it’s worth, of the insurers we surveyed, Embrace consistently had the cheapest plans for both cats and dogs, and Pet Premium the most expensive; FIGO, Nationwide, and Pets Best fell in the middle range for prices. However, these were quotes for a three-year mixed-breed pets in a Florida community, and from only five companies. The company that offers the lowest prices for you may differ.

Dog monthly premiums insurance cost chart. High $64.35, low $32.54, monthly difference $31.81, annual difference $381.72. Cat monthly premiums insurance cost chart. High $28.37, Low $14.44, monthly difference $13.93, annual difference $167.16.

Amounts shown are average premiums, rounded to the nearest dollar, from Embrace, FIGO, Nationwide, Pets Best, and Pet Premium reflecting both a three-year-old medium size, mixed-breed dog and a domestic shorthair cat for an accident and illness policy with an annual limit of $5,000 and a $500 deductible.

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Your choices and your costs

You can’t easily change some of the factors that affect what you pay for pet insurance — it’s unlikely you’ll switch your pet or the place you live anytime soon, for example. What you can do is consider the price factors that are within your control, and select a policy that best balances them, given your finances and priorities.

Among those choices, the size of deductible you opt for will most affect your policy’s cost — by hundreds of dollars a year, according to our price survey. Consider choosing the highest deductible you could afford to pay out of pocket were your pet to become seriously ill, whether from a medical condition or an accident.

Then weigh the lesser price factor of the percentage of reimbursement you will receive. The difference between being having 70%, 80%, or 90% of your medical bills reimbursed for the year won’t dramatically affect your annual premiums — the maximum impact was only $100 a so in our survey — but could add up to four figures in co-pays in the (statistically unlikely) event your pet suffers a serious ongoing condition, such as cancer.

Which brings us to the maximum annual limit for your policy, a final factor that determines its coverage and premiums. The impact of going to the highest typical level ($30,000) rather than the lowest ($5,000) could well be relatively modest — no more than $10 or so a month in our price survey.

Consider, though, if you could afford — or simply be comfortable paying — a copay of between 10% and 30% on a total bill that could run to four or five figures. (Parvovirus treatment, for example, can cost up to $2,000, while chemotherapy can run to $25,000 or more.) If the answer to that question is no, there may be little point to paying any extra to cover the cost of procedures. That’s because you may decline them for your pet because of the cost of your co-pay or because you judge the pet may be too old or suffer too much to endure procedures such as chemotherapy or multiple surgeries to repair injuries from a car accident. These realities only underline how pet insurance decisions can be not only financial but deeply personal.

Finally, consider whether to purchase add-on coverage for wellness procedures, which typically cover routine care, which is not covered by the typical comprehensive pet insurance plan. While the additional cost of such plans can be modest — typically far less than the premium for the comprehensive plan — so is the return, which for most pets will amount to only a few hundred dollars per year. You may be better off foregoing this coverage, and reserving your premium dollars for the accident and illness coverage that is the main reason most pet owners opt to insure their animals.

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