pet 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 pet insurance – Pet Hoken http://pethoken.info/ 32 32 Stunning North-South Divide in Pet Insurance Costs Revealed in New Study https://pethoken.info/stunning-north-south-divide-in-pet-insurance-costs-revealed-in-new-study/ Tue, 22 Feb 2022 19:02:16 +0000 https://pethoken.info/stunning-north-south-divide-in-pet-insurance-costs-revealed-in-new-study/ Archive photo of an English Bulldog. Photo: PA. According to a new report, pet owners face a major North-South divide when it comes to the price of insurance policies. GoCompare Pet Insurance revealed the average pet insurance premium paid by each region and found that those in the south spend the most, while those in […]]]>

Archive photo of an English Bulldog. Photo: PA.

According to a new report, pet owners face a major North-South divide when it comes to the price of insurance policies.

GoCompare Pet Insurance revealed the average pet insurance premium paid by each region and found that those in the south spend the most, while those in the north pay the cheapest prices in the UK.

London is the most expensive place to insure cats and dogs.

The average premium for cats in the capital is £260.12, while buying protection for a dog costs just over £500.

The most expensive area outside of London is the South East, where cover averages £214.84 for cats and £420.24 for dogs.

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On the other hand, the cheapest place to insure a dog is Northern Ireland. Premiums here average £306.49, almost £200 less than in London.

Similarly, the North East is the cheapest place to insure cats, with premiums averaging as little as £155.96 – £104 less than the cost of paw protection in the capital.

Hannah Isitt, Pet Insurance Expert at GoCompare, said, “There are many factors that contribute to the quote you receive for pet insurance.

“Everything from the breed of the animal to your claims history can influence the price, so there could be several reasons why southerners pay more to protect their pets.

“It is possible that Southerners have pets that are more prone to hereditary health issues, such as purebreds.

“Another major consideration is the cost of vet bills in the region, which means these averages simply reflect variations in vet costs across the UK.”

Although southern regions spend the most on pet insurance, getting coverage is still worth it.

According to research by GoCompare, uninsured pet owners spent £468.7million on vet bills in the third quarter of 2021.

Esme Wheeler, pet welfare expert at the RSPCA, said: “Owning a pet can be very expensive and you can sometimes receive a large, unexpected bill if your pet is injured or becomes ill.

“We encourage all owners to take out insurance for their pet to help them financially should the worst happen, and to give them peace of mind that if your pet needs major veterinary treatment, you will benefit. the support of your insurers.”

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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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4 best pet insurance plans to protect your furkids (2021), Lifestyle News https://pethoken.info/4-best-pet-insurance-plans-to-protect-your-furkids-2021-lifestyle-news/ https://pethoken.info/4-best-pet-insurance-plans-to-protect-your-furkids-2021-lifestyle-news/#respond Sun, 10 Oct 2021 06:04:43 +0000 https://pethoken.info/?p=57 Four different means to stop your pet’s medical bills from burning a hole in your pocket. Our pet cats and dogs are precious members of the family that we love unconditionally, so it’s no surprise that we want to protect them from the pain and suffering of old age, illness and accidents. It’s quite a […]]]>


Four different means to stop your pet’s medical bills from burning a hole in your pocket.

Our pet cats and dogs are precious members of the family that we love unconditionally, so it’s no surprise that we want to protect them from the pain and suffering of old age, illness and accidents.

It’s quite a pity then, that when it comes to pet insurance, dog and cat owners in Singapore aren’t exactly spoiled for choice.

Here are the four best pet insurance plans you should consider to protect your favourite pet, with fingers crossed that there will be more policies available sooner rather than later. But first…

A note on co-insurance and deductibles

As you go through the article, you’ll notice that some plans have co-insurance and deductibles attached to them. Here’s a quick explanation.

Co-insurance refers to the portion you have to pay when making a claim. For example, you make a claim for a vet surgery session that came up to $5,000 in total. Your pet insurance plan offers a 20 per cent co-insurance on vet surgeries.

This means that you will only be reimbursed 80per cent of the bill = $4,000. The remaining $1,000 (or 20 per cent) will have to be borne by you.

Similarly, deductibles are also borne by you, the policyholder. The difference is that deductibles are first applied on the amount being claimed, before the claim is processed.

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For example, let’s say your dog escaped and dug up your neighbour’s garden. She is now claiming damages from you amounting to $2,000.

Your insurer offers a deductible of $500 on all third-party liability claims, such as the one your neighbour has slapped you with. Therefore, your insurer will only pay $1,500 on your claim instead of the full $2,000.

Why is there such a roundabout way of doing things? Well, co-insurance and deductibles help insurers bring down premiums, by making sure that only policyholders who need to make a claim pay their share.

Otherwise, the costs will be passed on to everyone in the pool, making all policyholders pay higher premiums.

It is important to take note of deductibles and co-insurance as they affect how much out-of-pocket costs you have to bear. This, in turn, affects the value that you’re getting out of your pet insurance plan.

A summary of the best pet insurance plans in Singapore

AIA Paw Safe CIMB My Paw Pal Happy Tails PetCare
Eligibility

 Dogs

  • Age 3 months to 7 years old 
  • Dog must be licensed
  • Must not be mastiff, bull terrier, Staffordshire bull terrier, pit bull terrier, American pit bull terrier, Argentina dog, Canary dog, American bulldog or dogs crossed with any of these breeds and/or wolves

Cats and dogs

  • Age 3 months to 7 years old 
  • Licensed with AVS and microchipped 
  • Fully vaccinated and neutered/spayed
  • Must not be working dog

Cats and dogs

  • Age 4 months to 9 years old
  • Microchipped
  • Fully vaccinated
  • Must not be a working pet or one used for breeding

Cats and dogs

  • Age 2 months to 9 years old
  • Microchipped
  • Residing with you
  • Must not be a working pet or one used for breeding
Events covered
  • Accidental injury and/or death
  • Cremation and/or burial fees due to accident
  • Vet fees due to accidents
  • Loss of dog due to theft
  • 3rd-party liability

Basic cover

  • Accidental injury and/or death
  • Cremation and/or burial fees due to accident
  • Vet fees due to accidents

Optional A: Loss of dog due to theft

Optional B:

  • Vet fees due to illness
  • Cremation and/or burial fees due to illness

Clinical and surgery benefit

  • Chemotherapy benefit
  • Final expenses benefit
  • 3rd-party liability

Accidental death

  • Vet costs for accidental injury and/or illnesses
  • Lost of dog due to theft
  • 3rd-party liability 
Notable exclusions
  • Pre-existing conditions
  • Conditions arising from breeding
  • Preventive or cosmetic treatments
  • Putting your dog to sleep 
  • Pre-existing conditions
  • Conditions arising from breeding
  • Preventive or cosmetic treatments
  • Putting your dog to sleep 
  • Pre-existing conditions
  • Spay/neuter procedures
  • Non-surgical treatment or preventative care
  • Pre-existing conditions
  • Spay/neuter procedures
  • Non-surgical treatment or preventative care
Tiers and Premiums (annual)

Microchipped: $79.49

Without microchip: $84.58

Basic cover:

$74.90

Optional A: $32.10

Optional B: $321.00

For dogs

  • Fur: $337.82
  • Furry: $410.22
  • Furball: $482.60

For cats

Standard: $350

Enhanced: $450

Superior: S$750

Best for Budget-friendly plan that protects against accidental injury and death Affordable pet insurance with step-up to illness cover when needed

Protection for older pets

Pet owners seeking extended cover for medical expenses 

Protection for older pets

Vet fees cover for both surgical and nonsurgical treatments

AIA Paw Safe: Budget-friendly dog insurance for accidents

Event Claim up to 
Accidental death $1,000 or purchase price
Vet fees due to accident $1,000Deductible: $150 per claim
Cremation or burial expenses due to death by accident $250
Loss of dog due to theft

$1,000 or purchase price

Deductible: $250 per claim 

Third-party liability

$1 million

Deductible: $1,000 per claim 

Tiers and premiums (annual)

Microchipped: $79.49

Without microchip: $84.58

If your dog has a habit of chasing after cars, or bolting away from you when outside, getting an insurance plan that covers accidental injuries and death may be a prudent move. (That’s on top of proper training and handling to curb the behaviour, of course).

The AIA Paw Safe plan offers coverage against accidents involving your pet dog (fatal or otherwise), paying out benefits that can be used to help offset necessary vet surgical fees.

This plan also offers cover in case you lose your pet dog to theft. You’ll also be covered for third-party liability claims.

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Note that there’s no cover for treatments arising from non-accidents such as illnesses, making this strictly an accident plan for your dog.  

Also, be aware that there are deductibles for some claims (some of which are quite high), so the onus is on you still to properly control and manage your dog.

 Unfortunately, this policy is capped at two dogs per household, with one policy for each furkid. So if you are the lucky owner of three or more dogs, you need to look elsewhere.

Additionally, this policy does not cover certain dog breeds, including mastiff, bull terriers, pit bull terriers, American bulldogs, and more. On the bright side, your dog does not need to be a pedigree to qualify for this policy.

Additionally, the premiums are low, which makes AIA Paw Safe an affordable option for dog owners looking for accidental death and injury cover. 

CIMB My Paw Pal: Pet accident insurance with optional cover for illness 

Event  Claim up to 
Accidental death $1,500
Loss of dog due to theft (Optional A) $1,500Deductible: $250 per claim
Vet fees due to accident Vet fees due to illness (Optional B) $3,000Co-insurance: 30 per cent per claim
Cremation or burial expenses due to death by accidentCremation or burial expenses due to death by illness (Optional B) $300
Third-party liability

$250,000

Deductible: $1,000 per claim 

Tiers and premiums (annual)

Basic cover: $74.90

Optional A: $32.10

Optional B: $321.00

CIMB’s pet insurance plan offers budget-friendly protection against accidental death and injury, which should satisfy pet owners who simply wish to cover against vet fees should their cats or dogs meet with an accident.

If you’d like additional protection, there’s also an option to extend the coverage to include illness; purchasing this allows owners to also claim for vet fees arising from sickness and disease treatments, instead of just being limited to accidents.

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This feature is unique among the four plans we have surveyed. The main advantage is that it allows pet owners flexibility in meeting the changing needs of their pets as they age, without having to change providers.

One practical application could be to purchase the basic accident cover while your pet is young, and only add the optional illness cover when your pet gets older and face increased risks of contracting certain diseases.

Furthermore, your pet receives coverage instantly upon policy approval and if its microchip has already been submitted.

However, keep in mind that working pets are not eligible for this policy. For example, if your cat or dog used for law enforcement, breeding, racing, or other commercial purposes. Additionally, if your pet is a dog, it must be licensed with the AVS.

Happy Tails: Extended medical plan for cats and dogs

Event Fur (Total annual cover: $3,500) Furry(Total annual cover: $7,500) Furball(Total annual cover: $12,500) Purrfect (for cats)(Total annual cover: $5,000)
Clinical and surgical benefit $2,500 $6,000 $10,000 $3,800
Room and board expenses (after surgery) $250 $600 $1,000 $380
Post-surgery benefit $150 $300 $500 $200
Chemotherapy benefit $1,000 $1,500 $2,500 $1,200
Final expenses benefit Not covered $250 $250 $250
Third-party liability $100,000 $250,000 $500,000 $250,000
Premiums (annual) $337.82 $410.22 $482.60 $299.69

Happy Tails pet insurance is designed for pet owners seeking a more comprehensive medical plan, rather than a simple accident cover plan.

Apart from pre-existing conditions, as long as your pet dog or cat needs medical care arising from injury or illness, you’ll be covered. However, six hereditary and congenital conditions are covered by this insurance policy, including cherry eye and elbow dysplasia.

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Do note that the benefits you can claim are subject to an annual cap, which differs according to the plan you choose. 

Dog owners will have a choice of three plans, with each tier costing around $70 more than the last. Depending on the age and health status of your dog, it may be worthwhile to pay a little bit more for the higher-tier plans in order to take advantage of the higher coverage amounts. 

There’s only one plan offered for cats, with an annual limit of $5,000. This is reportedly due to cats having a vastly different size and temperament.

Do note that for Happy Tails, your furkid will need to be microchipped, fully vaccinated, and not be a working pet. It must be clinically examined by a licensed vet within 30 days from the insurance policy’s commencement date as well.

Co-insurance Deductible

20 per cent – pet enrolled before age four

30 per cent – pet enrolled before age seven

40 per cent – pet enrolled before age nine

$250 per claim 
No claims discount

First renewal – five per cent

Second renewal – 10 per cent

Third renewal – 15 per cent

Fourth renewal and onwards – 15 per cent

Pet owners may appreciate that Happy Tails offer comprehensive benefits that extend to post-treatment and recovery. However, it all comes at a cost; besides the relatively high premiums, you’ll also have to pay co-insurance and deductibles on your claims.

The plan does come with a no-claims discount which builds up to 15 per cent, which should help pet owners save some money.

Promotion: Enjoy 80 per cent* reimbursements on expenses for pets as young as 16 weeks up to below four years old at enrolment. This sum applies throughout your pet’s lifetime, as long as your pet remains under Happy Tails insurance coverage.

*Before deductible

PetCare: Premium pet insurance with high surgical cover

Event  Standard Enhanced Superior
Accidental death $1,000 $2,000 $3,000

Vet fees due to accident

Deductible: $50 per claim 

$500 $750 $3,000

Illness: Vet fees for non-surgical treatment

Co-insurance: 50 per cent

$500 $750 $3,000

Illness: Vet fees for surgical treatment

Co-insurance: 30 per cent

$1,500 $2,000 $10,000

Third-party liability

Deductible: $500 per claim

$100,000 $250,000 $500,000
Premiums (annual) $350 $450 $750

If you’re worried about the financial costs of pet surgery (which can go into the thousands), then you should look into PetCare, by Liberty Insurance.

PetCare offers a straight 30 per cent co-insurance for any surgical procedure your dog or cat may require. This feature offers a way to control how much you need to spend on vet fees, while helping your pet get the treatments they need.

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This plan also offers the highest benefit for accidental death of your pet — up to $3,000 — which may be attractive to owners with pedigree pets.

(Although we know no amount of money will ever make up for the pain of losing a beloved pet).

This is the most expensive pet insurance plan on the list. Be sure to weigh your options carefully before signing up. 

Protected up to specified limits by SDIC.

This article was first published in SingSaver.com.sg.


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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.

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