Shopping for the best pet insurance? We’ve put together the top 8 insurance companies in one place for you to compare!
We evaluated them by their premiums, deductibles, benefit limits, coverage exclusions, waiting periods, customer service, and overall quality of the company. You’ll find out our full evaluation methodology below.
Continue reading to find out more!
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- Monthly fee for 25% discount
- No age or condition limits
- No required exams to apply
- Discounts on multiple pets
Best Travel Coverage
- 5% discount for first-time customer
- No lifetime or condition claims limit
- Covers sick visit exam fees
- US & Canada travel coverage
- Three wellness plan options available
- Inexpensive plans available
- No upper age limit for enrollment
- Discounts for multiple pets
Best with Wellness Coverage
- Reimbursement for many extras
- No pet coverage limits
- The best diminishing deductible
- $50 reduction each claim-free year
Pet Insurance Companies in Detail
The most common pet insurance is for cats and dogs, though some companies offer only dog insurance. You have plenty of options available to choose from, but keep an eye not only on what it covers but what it doesn’t cover as well.
If you would like to get more information on what the best dog insurance companies are, visit our exclusive dog insurance companies reviews lineup to find out what are the best of the best.
- Animals Covered: Nearly all animals
- Claims Process Time: 24–48 hours
- Discount: 25% on all procedures
- Deductible: None
Pet Assure is different from traditional insurance. It’s instead a discount program and a great alternative. It covers basically all pets, from cats, dogs, and small pocket pets to the exotic.
Customers all share the same stance: it’s easy, it’s fast, and any type of pet, age, or size can be signed up. There are no forms to fill out, no vet exams to complete, and no waiting for reimbursement. As long as your pet visits a vet that works with Pet Assure, you can get a 25% discount on all the services.
The one thing that customers didn’t like was that it’s not always easy to find a pet that works with the company. Also, if you’re already working with a vet, you may have to change them. On the other hand, there are plenty of discounts to be had for multiple pets.
Most importantly, the discount covers pre-existing conditions, making Pet Assure a perfect choice for older pets with health issues that other insurance companies won’t cover.
- + Monthly fee for 25% discount
- + No age or condition limits
- + No required exams to apply
- + Discounts on multiple pets
- − Discount isn’t much for serious procedures
- − Not all lab services are covered
- − Prescription foods and medications aren’t covered
Best Travel Coverage
- Animals Covered: Cats and dogs
- Claims Process Time: Usually 5–14 days, but as long as 30 days
- Benefit Limits: 70%, 80%, and 90%
- Deductible: Annual deductibles of $250 to $1,000
There are quite a few benefits to working with Petplan. However, you have to be up for the higher monthly costs as the plans are slightly more expensive than others. Still, if you purchase your plan online, you’ll get a 5% discount. Furthermore, what most Petplan pet insurance reviews noted as a bonus is that these plans cover losing a pet, advertising for a lost pet, and even vacation cancelations due to illness.
Most people also liked how there are no lifetime limits nor a limit on claims per condition. Also, the fees for sick visit exams that usually average between $50 and $250 are covered. It’s important to note that there’s no claims credit.
While this may not be the best cheap pet insurance, you get a 15% discount when there hasn’t been a claim for 12 months. Essentially, you’re rewarded for keeping your pet healthy.
- + 5% discount for first-time customer
- + No lifetime or condition claims limit
- + Covers sick visit exam fees
- + US & Canada travel coverage
- − No wellness plan
- Animals Covered: Cats and dogs
- Claims Process Time: 10–14 days
- Benefit Limits: Up to 100%
- Deductible: $0–$500
You will find that there are plenty of options available that can make this insurance company a great choice for those on a budget. It’s among the few with a $0 deductible and a 100% benefit reimbursement limit. Of course, this greatly depends on the plan you decide on.
What other PetLife pet insurance customers shared liked that it offers appealing inexpensive options, and we agree. Furthermore, you get a 5% discount for signing up a second pet and 10% for a third policy. Also, the company doesn’t require a vet exam to enroll your pet, and you will find that accident coverage begins the day after. It has a long-standing history since 2004 but was recently purchased by MetLife.
Still, PetLife from customers continue to be as positive as ever, praising both the quality of their coverage and their customer service.
- + Three wellness plan options available
- + Inexpensive plans available
- + No upper age limit for enrollment
- + Discounts for multiple pets
- − Wellness plan doesn’t cover all dental treatments
- − 14-day waiting period for illness
- − 6-month waiting period for CCL surgery or other orthopedic conditions
Best with Wellness Coverage
- Animals Covered: Cats and dogs
- Claims Process Time: Usually within 15 business days
- Benefit Limits: 70%, 80%, or 90% of annual costs
- Deductible: $200, $300, $500, $750, or $1,000
Although they don’t offer insurance for all pet types, we found many Embrace customers agreeing that they’re the best overall if you have a dog or cat. What we liked most is that they not only have a speedy claims process but also offer optional wellness coverage. It’s ideal for new pet owners unaware of how expensive a vet visit can be.
With Embrace, you’ll get up to 90% of your vet bills back when you visit any vet, as long as the reason for the visit is covered. As customers have noted, the company doesn’t cover pre-existing conditions. However, it does cover conditions that are curable and haven’t had any symptoms or need for treatment within the last year.
It’s the trusted insurance partner of GEICO, a leader in the insurance industry. So if you’re already one of GEICO’s customers and would like to add pet insurance, you’ll be presented with Embrace. Thus, any GEICO pet insurance reviews you read are a reflection of Embrace.
- + Reimbursement for many extras
- + No pet coverage limits
- + The best diminishing deductible
- + $50 reduction each claim-free year
- − Bilateral policy
- − $25 enrollment fee
The Highest Bill Coverage
- Animals Covered: Cats & dogs
- Claims Process Time: 15–30 days
- Benefit Limits: 100%
- Deductible: $250, $500, to $1000
- Monthly Premium: From $9/cats & $13/dogs
Wagmo offers insurance plans only for dogs and cats, but if that’s the type of pet you have, this is one of the best insurance plans you can get.
Wagmo will reimburse you 100% for your pet’s hospital stays, cancer treatment, prosthetics, and much more. You’ll just have to pay your deductible (three options are available).
However, they don’t cover hip dysplasia for pets over 6 years old. So if you’re an owner of a German Shepherd Dog, which is prone to hip dysplasia, or a similar breed, you should know you won’t be covered when your pet might need it the most.
Although their reimbursement has a limit, the limit is high, so you won’t even notice it. More precisely, if your hospital bills don’t go over $10,000 for a treatment, or $100,000 for the pet’s lifetime, you’ll be covered.
You’ll have to wait a bit, though — around 15 days on average, which can be long for some owners.
You can also buy the additional wellness plan, which will cover almost all the regular costs you might have, such as vaccines, grooming, routine blood work, and similar. However, be aware that it can be quite costly if your pet needs more attention.
Keep in mind that the insurance doesn’t cover travels outside of the US, which can be a deal-breaker if you travel a lot with your pet.
In the end, although there are some drawbacks, the insurance covers almost everything and pays 100% of your bill (minus the deductible) for an affordable price.
- + Covers cancer treatment
- + 100% bill coverage
- + High reimbursement limit
- + You can choose any vet you want
- − Longer waiting time
- − Doesn’t cover hip dysplasia for pets older than 6 years old
Our Methodology for Choosing the Top Services
It’s only natural to wonder why you should trust the companies we’ve selected. We want to make it clear that every company is chosen in an unbiased fashion through an in-depth analysis and the thoughtful gathering of consumer feedback.
Our research is entirely for the benefit of our readers. We did our best to provide you with as much information as possible in both our pet insurance comparison chart and our reviews above. It’s crucial to consider every aspect when evaluating the wide variety of insurance plans.
We focused on many factors, such as lifetime and annual maximums, monthly and yearly premiums, deductibles, exclusions like age limitations or pre-existing conditions, and of course, coverage waiting periods. This is because when it comes to our pets, quality insurance makes a world of difference—sometimes even between life and death.
Before we continue, it’s essential to understand the basics of insurance. When it comes to pets, it’s not so different than it is for humans. Still, a quick refresher will help you find the best option.
Annual or Monthly Premiums
Understanding premiums plays a vital role in choosing the top pet insurance to fit your needs. A premium is an amount paid annually or monthly to cover your pet. The higher the premium, the lower the deductible, resulting in lifetime or annual maximums. Furthermore, a plan with a higher premium may even offer additional coverage for lab work, medications, and other veterinary care requirements.
Keep in mind that even if you spend less monthly, this could result in paying more on veterinary care over time. This is because lower premiums are typically coupled with higher deductibles and lower max benefits.
We’ve covered pet insurance quotes with various levels of coverage, deductibles, and benefit maximums, giving you a variety of options to fit both your needs and budget, all while offering good coverage.
Insurance that has a lower deductible means you’ll be paying less money before the insurance begins covering any veterinary needs. The majority of the companies we’ve presented allow you to choose your deductible. This lets you decide how much you want to pay upfront when visiting your vet.
Many animal health insurance plans have deductibles pre-set for certain conditions instead of yearly deductibles. This is ideal for pets without many health conditions or illnesses. Still, it’s hard to know what the future holds, so these plans usually have less-predictable costs than other plans with higher annual deductibles.
The majority of insurance companies and plans have limits on maximum benefits. Either they’re limited per year, or they have a lifetime limit.
The best pet health insurance plans would have higher lifetime or maximum annual benefits. They ensure that it will be covered even in the case of a severe condition requiring extensive treatment.
You can also find some plans that have no maximum limits. This guarantees coverage for veterinary services and eligible conditions regardless of how much the previous reimbursement claims were.
Make sure you always look for coverage exclusions.
We found that all plans feature some exclusions, whether they be lab services, examination fees, prescription medications or foods, or specialty veterinary services. Some plans won’t enroll a pet over a certain age, and the majority won’t cover any pre-existing conditions.
You can find some plans covering pre-existing conditions as long as the pet has been treated and hasn’t shown any symptoms for over a year. Other common exclusions we found were lab or examination services.
Waiting Periods for Coverage
Even the top companies some sort of waiting period, anywhere from several days to several weeks before coverage begins. Furthermore, depending on the type of veterinary need, there are different waiting periods. For instance, the waiting period can be as long as 12 months for some significant injuries.
Our goal was to find companies offering plans with short waiting periods for the majority of conditions, illnesses, and injuries.
Lastly, we also focused on customer service to find the best-rated option. We not only dove deep into forums and discussions about these different companies but tested them out personally.
The key is for them to be informative, knowledgeable, patient, and ready to help at all costs. We understand that most people seeking pet insurance may not be experts on the topic. Having quality and informative customer service is crucial to help guide customers to the ideal plan for them and their pets.
Understanding Pet Insurance
Below you will find everything you need to understand pet insurance, how it works, and how to choose the most suitable option for your beloved pet.
What Is Pet Insurance?
This may seem like a silly question, but it’s far from that. Many people have never even considered it an option. Put simply, it’s very similar to human health insurance, but it’s only for your pets.
Protecting your beloved pet with the best pet insurance plan will put you at ease, knowing that if at any point there are unexpected bills concerning your pet, they’ll be covered. There are three types to consider, and you can sign up for one or all, though all companies don’t offer wellness.
The best part about pet insurance is that it can easily be molded to fit your needs.
When taking care of your pet, the ideal option offers accident coverage. It’s impossible to predict if or when an accident will befall your pet. Unfortunately, in most cases, when accidents do happen, we’re rarely financially prepared for them, and they usually cost a fortune.
Accident coverage typically covers everything from bite wounds and torn ligaments to a variety of health needs. Sometimes this coverage may even include bites or damage from your dog onto others as well.
Even the most popular plans with illness coverage usually have exemptions for pre-existing conditions if the animal you’re trying to insure is older. This is why it’s crucial to get this type of insurance coverage while your pet is still considerably young.
This coverage includes health issues such as allergies, arthritis, UTIs, cancer treatments, and more.
In our selection above, we’ve included some companies that offer plans that cover wellness as well. It requires you to pay a little extra monthly, but the insurance will cover routine vet visits, so you don’t pay as much out of pocket.
This is an optional type of insurance that may be a good idea if you’re insuring multiple pets, and the costs of routine visits have become overwhelming.
A plan offering wellness may cover fees associated with regular vet visits such as annual exams, routine testing, spaying and neutering, and vaccinations, as well as heartworm, tick, and flea treatments. All of this really adds up.
This is why wellness coverage plans have become more and more popular over the years, both individually or as an add-on to other insurance plans.
How Does It Work?
Even with a top-rated pet insurance plan, it’s essential to understand that pet insurance works slightly differently than human insurance. With most pet insurance plans, you’ll pay the initial price at your vet and then get reimbursed by the insurance company later.
Once you pay, you get a duplicate itemized receipt from the vet that you send to the company with a claim form. You then wait for a reimbursement check within the company’s set reimbursement timeframe.
The ideal policies will usually guarantee a specific timeframe within which you will receive your payout as a bonus benefit. The payout amount depends entirely on the type of policy, its exclusions, the type of procedure, and its cost. Furthermore, it depends on your plan’s deductible and the allowance you have per procedure.
Is Pet Insurance Necessary?
Of course, it’s not mandatory, but you may want to consider the main reasons why we feel finding the best animal insurance is essential for any pet owner.
1. You’ll worry less about money when it comes to your pet’s health.
Unfortunately, there are times when we have to make the painful decision between our pet and our financial situation. Whether it’s an expensive procedure or a life-saving surgery, there’s enough pressure and stress.
With insurance, at least you can remove the financial factor and focus only on the crucial medical decisions that could save your pet’s life.
2. You can’t predict an accident.
Having a quality insurance company backing you after an accident can help cut down on the massive pet bills, which could really mean the world to you and your pet.
From something like a broken bone to a painful chipped tooth, certain injuries can cost a fortune. Paying a little extra monthly for an emergency plan means you’ll get a good portion of those costs back.
3. Different plans offer enough variety to fit every need.
The best part is you can find a quality and inexpensive plan to fit both your needs and your budget. It can be tailored perfectly, so you continuously benefit from it. Plus, the younger the pet, the more options you have available.
Of course, the most significant benefit is that you never have to choose between money and your pet’s life. Unfortunately, not everyone is prepared to pay thousands of dollars in medical fees out of pocket.
Instead, pet owners opt for the less expensive alternative of euthanasia in many cases. With pet insurance, at least finances can be taken out of the picture when making important decisions.
Choosing the Best for Your Pet
Selecting an insurance company may seem like a difficult task, especially for anyone new to this kind of feat. Still, it’s really not much different than standard insurance for people. There are several important factors to consider when choosing a company to ensure it fits your pet’s needs and your financial capabilities.
Everyone has a budget, and those considering pet insurance are most likely on a tight one. After all, the reason for checking out our guide is to help reduce those out-of-pocket expenses in case of an emergency with your pet or another health issue. So naturally, the main concern is the premium you’ll have to pay for coverage.
These premiums are calculated based on many factors. Still, a significant one is how much you want your insurance to pay for qualifying expenses. If you want the company to pay a large percentage, i.e., up to 90% with a low deductible, then your monthly costs will be higher.
Now, if you go with a lower monthly premium, consider a pet insurance quote that covers about 70% with a higher deductible. It’s all about finding a balance that best fits your needs and monthly budget.
Other notable factors considered when premiums are calculated include:
- Your pet’s age
- Its breed
- Its size
- Any pre-existing conditions
As you may have guessed, just like with insurance for humans, each company offers a variety of plans, all covering different things.
Although it’s necessary and helpful to see what’s covered, the most important thing to look for is what isn’t covered by certain insurance companies, as our reviews have undoubtedly already highlighted.
One thing to keep in mind is that the majority of companies and plans don’t cover pre-existing conditions. Furthermore, some might not cover specific injuries or even hereditary conditions.
You will find that a majority of insurance plans don’t cover reproduction, such as a pregnancy or gestation.
Furthermore, to find the insurance for dogs in 2022, consider their breed and how big they’ll get, as some companies may limit coverage based on hereditary issues or size.
Although it has become more popular of late, it’s still relatively difficult to find insurance that covers wellness. That said, it’s crucial to look at what a plan covers and what it doesn’t, so you don’t get any unpleasant surprises.
Deductibles and Coverage
Since you’re looking for the best service, coverage of the top companies proves that every company has a different approach. However, as a rule, coverage should be anywhere between 70% and 90% of all the expenses that qualify.
Some companies let you choose this percentage, but remember that the higher it is, the higher your monthly premium will be. The deductible is either annual, where you pay once a year, or per-condition or incident, which means you pay whenever your pet has an issue.
Of course, it’s entirely up to you what type of deductible works best for you and your pet.
Choosing the Best Insurance for Dogs and Cats
Before you choose a plan for your cat or dog, you must know what each one offers. After you’ve narrowed down the companies you like most, compare their coverage for each plan based on your pet’s age and health concerns.
If you’re choosing a plan for a puppy, remember that even if it’s happy and healthy today, you don’t know what the future holds as you select the ideal dog health insurance. Many breeds have specific health issues and illnesses that are common. If you aren’t familiar with what potential health issues your pup or kitten may face in the future, speak with your vet so you know what plan would fit your needs.
Large dog breeds often have joint and hip problems as they get older, while some smaller breeds may be more susceptible to eye or ear infections.
Of course, it’s never pleasant to anticipate the worst, but having a plan of action and keeping potential future health issues in mind is the first step in choosing a pet insurance company in 2022 for you and your pet.
Choosing the Best Exotic Pet Health Insurance
You may have guessed that most insurance companies primarily cover cats and dogs. Finding an insurance company that includes exotic pets is a bit more complicated. This type of insurance covers a variety of pets, including parrots, several other birds, fish, reptiles, amphibians, and other small pets such as rabbits, ferrets, and guinea pigs.
It’s very similar to any other policy for dogs and cats, covering vet visits and emergencies depending on the kind of plan you choose. Furthermore, it may also cover escape or even theft of the pet.
The Final Steps
Once you know what type of insurance you need, it’s time to narrow down the animal health insurance options you’ve found. You can use our in-depth research above or do your own research to narrow your choices down to three.
Once you do, consider taking the following steps:
- Contact each of the final companies you’re considering and get quotes.
- Be prepared to provide information such as pet type, breed, age, and past and current health issues.
- When applicable, request a multi-pet discount if you’d like to insure more than one pet.
- Ask your vet to send the company you’ve chosen your pet’s full medical records.
- The company should reply with complete coverage information, including what the plan won’t cover.
- Find the ideal balance between monthly premiums and coverage, such as illness, accident, wellness, and other available add-ons.
- Discuss the deductibles and their payout percentages, so you know exactly what your potential out-of-pocket expenses will be.
It’s crucial to understand that the younger the pet, the better, because even the best pet medical insurance plan may not cover pre-existing conditions. So the sooner, the better.
Frequently Asked Questions
Is it worth getting pet insurance?
In our opinion, certainly—especially for a younger pet. If it’s a breed that’s predisposed to costly health issues, it could save you a lot of money—so you’ll never have to choose between your pocket and your pet.
On the other hand, for an animal with previous health conditions that’s older, it may not always be the best choice. So shop around and find what best fits your budget and needs.
What is the average cost of pet insurance per month?
The general price range is between $30 and $50 a month. However, it’s important to remember that this depends greatly on your pet’s type, breed, age, and possible previous conditions.
Do most vets accept pet insurance?
Yes, however, pet insurance doesn’t work the same way it does for people.
Typically, your vet doesn’t interact with your insurance company. Instead, you pay your vet fees and send a claim to your insurance company to get reimbursed according to the plan you chose. So you can take your pet to any vet, and as long as your policy covers the medical care received, you’ll be reimbursed.
At what age should you get pet insurance?
Technically, you can insure your pet at any age without a problem. Still, the younger it is, the lower your premium and the better the coverage.
It’s recommended you invest in insurance as soon as you get your pet, especially if it’s very young. If you’re adopting an older pet, we recommend you carefully review each quote and plan offered for what won’t be covered.
What does pet insurance actually cover?
This depends on the plan you’ve chosen. With most insurance companies, you can create a plan to cater not only to your pet’s needs, history, and potential future health issues but your budget as well.
Our team worked hard to bring you the leading insurance companies, along with all the vital information to help you narrow down the company and plan that will be the best fit. Don’t end your research here—choose three from our list, contact them, and discuss what options are available based on your pet and budget.
We’ve done our part and provided the legwork. Now it’s entirely up to you to choose the best pet insurance to fit your budget and needs.