Pet insurance can help limit out-of-pocket expenses and give you peace of mind regarding your pet's health care. However, shopping for insurance can be a complicated business, with cover varying significantly by provider. For example, while many policies cover 90% of your vet bills, many insurers impose annual or lifetime limits on payments. Some also exclude certain conditions, procedures, and care from coverage. To help you find the best policy for your needs, here's our pick of the 10 best pet insurance companies on the market.
For puppies and kittens, Pumpkin makes a good choice. The plans include non-insurance preventative add-on options for young cats and dogs that aren't typically included with standard cover. The puppy preventative care option, for example, will refund up to four puppy vaccines a year, along with one annual wellness exam fee and one yearly fecal lab test for parasites. Older pets are also catered to, without any reduction in coverage due to age. A 10% multi-pet discount is available. There are no network restrictions for veterinary access, and claims can be submitted easily and quickly online. Regardless of condition, the waiting period is just 14 days.
TrustedPals offers both accident and illness plans and wellness policies, along with a good selection of customization options that include $0 deductible plans and 100% reimbursement options. Covers include behavioral training and treatment, along with prescribed drugs, nutritional supplements, and prescription pet food. Discounts are available to military service members, veterans, first responders, veterinary students, and owners either ensuring multiple pets or whose pet is a service animal. On the flip side, there's a 12 month waiting period for ligament conditions and hip dysplasia.
8. Pets Best
While most insurance providers will only cover pets from the age of 8 weeks and over, Pets Best will cover them as young as 7 weeks old. Unlike many insurance providers, it doesn't apply an upper age limit, making it an excellent option for owners with senior pets. In addition to offering accident and illness policies, it also offers numerous wellness plans to cover routine care. Claims are reimbursed directly to your vet, resulting in fewer expenses for you, and premiums are available at a very affordable rate. It's a particularly good choice for pet owners with dogs or cats with mobility issues, as it's one of the very few insurance providers that offer coverage for wheelchairs and prosthetic devices.
Lemonade isn't for everyone. For a start, it's only available in 36 states. It's also not a good option for those looking for a policy that will cover dental care or prescription food. It does, however, offer plenty of benefits to those who aren't, including flexible premiums and deductibles, the possibility to enhance the accident and illness policy with a preventative care rider, a quick claims process via its app, and a 10% discount on the cost of the policy if you bundle it with home insurance.
Trupanion doesn't offer discounts and it only accepts monthly payments. If neither of those is enough to faze you, you'll find it an excellent provider. Coverage includes alternative therapies, prescription food, prosthetic devices, and dental treatment (most of which aren't offered by other providers), plans include 90% coverage, there's no monthly or lifetime limit for benefits, and cover for both hereditary and congenital conditions is included. If your vet uses Tupanion's direct payment software, they can file a claim directly and receive payment almost immediately, resulting in fewer out-of-pocket expenses for you.
5. Healthy Paws
If you're in the market for a single pet insurance plan that covers accidents and illnesses with no cap on claim payouts, unlimited annual benefits, and the option to adjust your premium by raising or lowering your reimbursement level, Healthy Paws makes a solid choice. Although vet exams, treatment for behavioral issues, and wellness expenses aren't included in the cover, alternative care (including chiropractic care, acupuncture, and hydrotherapy) is. 99% of all claims (which can be submitted online or via the mobile app) are processed within just 2 days.
Finding pet cover for cats and dogs is relatively easy. Finding cover for exotic pets, on the other hand, can be a challenge. That's where Nationwide comes in. As the only provider of its size to offer Avian and Exotic Pet plans, it's ideal for owners looking to insure birds, reptiles, and small mammals such as goats and pot-bellied pigs. There are no age restrictions and no network veterinarian restrictions. If you're a current member of Nationwide, you'll benefit from a 5% discount on your pet cover.
If you're looking for a credible insurance provider with a solid reputation, ASPCA fits the brief. As top-pet-insurance.com notes, the company has been in business since 1997. In that time, they've processed more than 1.6 million claims and covered the healthcare of over 400,000 cats and dogs. There are a few cons to note - including a 14 day waiting period for accidents and illness and the absence of an unlimited coverage policy - but for those looking for accident-only, accident and illness, and preventive care for cats and dogs, it's an excellent option. Key benefits include affordable monthly premiums, reimbursement against alternative therapies, no waiting period for preventive care, a multi-pet discount, and a 24/7 pet telehealth line. As an additional advantage, it doesn't withhold coverage for congenital or hereditary conditions for pets over a certain age.
2. Embrace Pet Insurance
As US News notes, compared to many providers, the plans available via Embrace Pet Insurance are very competitively priced. On top of affordable base rates, the company also offers discounts to members of the military, veterans, owners insuring more than one pet, and people who take out a policy as part of a workplace benefit. Although it does apply a limit on yearly payouts, there's no lifetime limit to worry about. The deductible will decrease for each year that you remain claim-free. Vet exam fees are covered, and customers can make use of a 24/7 pet health line.
Named as one of the best pet insurance providers by Money.com, Figo comes with a healthy list of benefits, including 24/7 virtual vet visits via its app and a 30-day money-back policy if you haven't logged any claims. Thanks to its 100% reimbursement option, pet owners can reduce their co-payment to 0% - in comparison, most providers require a minimum co-payment of 10%.
Written by Dana Hanson
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