Jason MetzLead Editor, Insurance
As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking down confusing terms and products to help others make well-informed decisions.
Jason Metz
Jason MetzLead Editor, Insurance
As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking down confusing terms and products to help others make well-informed decisions.
Lead Editor, Insurance
Dr. Sarah ReidenbachPet Insurance Expert
Dr. Sarah Reidenbach is a veterinarian and co-founder of Ruthless Kindness, a nonprofit that works with human service partners, such as district attorneys offices, family justice centers, women’s shelters, rape crisis centers and victim advocacy organization to remove barriers for abuse victims seeking safety. About 50% of people in crisis will not seek safety unless they can bring their pets with them.
Dr. Reidenbach worked in human factor research at NASA Ames Research Center and has since worked exclusively in the nonprofit sector. She has held positions as a veterinary fellow at San Francisco SPCA, Medical Director at Berkley Humane, Veterinary Director at the Humane Society of Sonoma County and Executive Director of Sonoma Community Animal Response Team.
She lives in Sonoma County with her family, including farm and companion animals. Dr. Reidenbach’s vision is to prevent suffering and heal trauma for the most vulnerable animals and people. She hopes to help all animals and people access fundamental services through systemic changes, innovative programs, and through navigating systems such as pet insurance. Her work is grounded in the belief that empathy and justice are antidotes to the challenges we currently face.
Expert Reviewed
Dr. Sarah Reidenbach
Dr. Sarah ReidenbachPet Insurance Expert
Dr. Sarah Reidenbach is a veterinarian and co-founder of Ruthless Kindness, a nonprofit that works with human service partners, such as district attorneys offices, family justice centers, women’s shelters, rape crisis centers and victim advocacy organization to remove barriers for abuse victims seeking safety. About 50% of people in crisis will not seek safety unless they can bring their pets with them.
Dr. Reidenbach worked in human factor research at NASA Ames Research Center and has since worked exclusively in the nonprofit sector. She has held positions as a veterinary fellow at San Francisco SPCA, Medical Director at Berkley Humane, Veterinary Director at the Humane Society of Sonoma County and Executive Director of Sonoma Community Animal Response Team.
She lives in Sonoma County with her family, including farm and companion animals. Dr. Reidenbach’s vision is to prevent suffering and heal trauma for the most vulnerable animals and people. She hopes to help all animals and people access fundamental services through systemic changes, innovative programs, and through navigating systems such as pet insurance. Her work is grounded in the belief that empathy and justice are antidotes to the challenges we currently face.
Pet Insurance Expert
Expert Reviewed
Updated: Jul 1, 2024, 5:23am
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
We evaluated 10 policies and found that Pets Best, Embrace and Paw Protect are the top three best pet insurance companies.
A solid pet insurance plan covers major medical emergencies like getting struck by a vehicle, cancer treatment, torn ligaments and swallowed foreign objects. It also covers common health problems like digestive issues and ear infections. You’ll find that pet insurance companies offer a wide variety of coverage types and benefits.
To help you narrow your options, we analyzed the best pet insurance for discounts, superior benefits, short waiting periods and more.
Read more
Compare Pet Insurance Companies
| Editors’ Take | Company | Company - Logo | Forbes Advisor Rating | Forbes Advisor Rating | |
|---|---|---|---|---|---|
| Best overall | Pets Best |  | 5.0 |  | |
| Best for healthy pet discount | Embrace |  | 4.5 |  | |
| Great for superior benefits | Paw Protect |  | 4.5 | | |
| Great for short waiting period for accident coverage | Figo |  | 4.3 | | |
| Best for choices of annual coverage | Spot |  | 4.3 | | |
| Good for boarding fees | Fetch |  | 4.1 |  | |
| Great for unlimited annual coverage | Healthy Paws |  | 4.1 | | |
| Great prices for dogs and cats | Lemonade |  | 4.1 | |
How We Chose the Best Pet Insurance
The Best Pet Insurance Companies of July 2024
BEST OVERALL
Pets Best
5.0
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Maximum annual coverage
$5,000, Unlimited
Average monthly cost for Unlimited coverage
$44 for dogs; $25 for cats
Deductible choices
$50, $100, $200, $250, $500, $1,000
Compare Plans
$5,000, Unlimited
$44 for dogs; $25 for cats
$50, $100, $200, $250, $500, $1,000
User Reviews
Any S.
Baton Rouge, Louisiana
Pets Best is cheap, and I’m a college student so it fits my budget at the moment.
Read more
Logan M
Rolling Meadows, Illinois
Pets Best helped get our prescription cost lowered for our favorite pet.
Read more
Editors’ Take
We were impressed by Pets Best because it combines solid basic coverage with the lowest prices for unlimited annual coverage among the companies we analyzed. Its wide range of deductible choices can help you budget for possible claims. You’ll also be able to add a wellness plan for routine pet care expenses.
- Accident coverage waiting period of only 3 days.
- Has a 24/7 pet telehealth line.
- Can pay the vet directly if the vet agrees.
Our rating is based on Pets Best’s Essential plan. For broader coverage (at a higher price), consider the Pets Best Plus or Elite plan.
More: Pets Best Pet Insurance Review
Expert’s take
From my experience, Pets Best offers comprehensive coverage that is particularly beneficial for breeders and new pet owners. Their plans are customizable, which allows for flexibility depending on specific needs, such as covering congenital conditions, which is essential for certain breeds.
– Bricks Coggin, CEO of ABCs Puppy Zs
Drawbacks
- The Essential plan does not cover the vet exam fee, but you can get that coverage by choosing the Plus or Elite plan.
- 6-month waiting period for coverage of cruciate ligament issues.
- The Essential plan does not cover behavioral or alternative therapies, but the Pets Best Elite plan will cover acupuncture and chiropractic care if your pet needs rehabilitation.
Plan Details
| Coverage type | Plan details |
|---|---|
Reimbursem*nt choices | 70%, 80%, 90% |
Waiting periods | 3 days for accidents; 14 days for illnesses; 6 months for cruciate ligament conditions |
Multipet discount | 5% |
Euthanasia or end of life expenses | Included |
Vet exam fees | Only with Plus and Elite plans |
Microchipping | Yes, if you purchase a wellness plan |
BEST FOR HEALTHY PET DISCOUNT
Embrace
4.5
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Maximum annual coverage
$5,000, $8,000, $10,000, $15,000, Unlimited
Average monthly cost for Unlimited coverage
$76 for dogs; $47 for cats
Deductible choices
$100, $250, $500, $750, $1,000
Compare Plans
$5,000, $8,000, $10,000, $15,000, Unlimited
$76 for dogs; $47 for cats
$100, $250, $500, $750, $1,000
Editors’ Take
We like Embrace because it offers a unique way to save on accident and illness plans with its Healthy Pet Discount Program. If your claim reimbursem*nts are less than $300 per pet in the year prior to the discount period, you’ll qualify for a 5% discount in the first year and 10% in the second year for each pet. Embrace will automatically apply the savings to your annual payment or monthly bill.
- Accident coverage begins at 12:01 a.m. ET the day after you purchase your policy.
- Covers vet exam fees.
- Has a 24/7 pet telehealth line and optional wellness plan.
- Can pay a veterinary hospital directly—but generally only for very large claims where it would be prohibitively expensive to pay and wait for reimbursem*nt.
More: Embrace Pet Insurance Review
Expert’s Take
Embrace stands out for its Wellness Rewards program, which reimburses for routine and preventative care, a feature that encourages pet owners to maintain regular veterinary visits. This can be extremely beneficial in the long term by preventing severe health issues that can lead to high medical costs.
– Bricks Coggin, CEO of ABCs Puppy Zs
Drawbacks
- Higher-than-average costs compared to top competitors in our analysis.
- Waiting period of 6 months for coverage of orthopedic conditions, which can be waived if your pet has an orthopedic exam after you purchase a plan.
Plan Details
| Coverage type | Plan details |
|---|---|
Reimbursem*nt choices | 70%, 80%, 90% |
Waiting periods | Accident coverage begins at 12:01 a.m. ET; 14 days for illnesses; 6 months for orthopedic conditions (can be waived with an orthopedic exam) |
Multipet discount | 10% |
Euthanasia or end of life expenses | Included |
Vet exam fees | Included |
Microchipping | Yes, if you purchase a wellness plan |
GREAT FOR SUPERIOR BENEFITS
Paw Protect
4.5
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Maximum annual coverage
$5,000, $10,000, Unlimited
Average monthly cost for Unlimited coverage
$77 for dogs; $47 for cats
Deductible choices
$100, $250, $500
Compare Plans
$5,000, $10,000, Unlimited
$77 for dogs; $47 for cats
$100, $250, $500
User Reviews
Miranda M.
Dayton, Ohio
I’ve had great experiences with PawProtect’s customer service and no issues so far.
Read more
Tonya L.
Virginia Beach, Virginia
I like the fact that it covers treatment related to cancer as well as long-term conditions like arthritis and diabetes.
Read more
Editors’ Take
We like Paw Protect for its excellent coverage benefits, including access to a 24/7 vet telehealth line, the option to add a wellness plan and coverage for veterinarian exam fees. Note that this is the same plan as Embrace.
- Accident coverage begins at 12:01 a.m. ET the day after you purchase your policy.
- Covers behavioral therapy.
- Covers alternative therapy (such as acupuncture).
- Can pay a veterinary hospital directly—but generally only for very large claims where it would be prohibitively expensive to pay and wait for reimbursem*nt.
More: Paw Protect Pet Insurance Review
Drawbacks
- 6-month waiting period for coverage of orthopedic conditions, but it can be waived if your pet has an orthopedic exam after you purchase the plan.
- Higher-than-average costs compared to top competitors.
Plan Details
| Coverage type | Plan details |
|---|---|
Reimbursem*nt choices | 70%, 80%, 90% |
Waiting periods | Accident coverage begins at 12:01 a.m. ET the day after you purchase your policy; 14 days for illnesses; 6 months for orthopedic conditions (can be waived with an orthopedic exam) |
Multipet discount | 10% |
Euthanasia or end of life expenses | Included |
Vet exam fees | Included |
Microchipping | Yes, if you purchase a wellness plan |
GREAT FOR SHORT WAITING PERIOD FOR ACCIDENT COVERAGE
Figo
4.3
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Maximum annual coverage
$5,000, $10,000, Unlimited
Average monthly cost for Unlimited coverage
$59 for dogs; $32 for cats
Deductible choices
$100, $250, $500, $750, $1,000, $1,500
Compare Plans
$5,000, $10,000, Unlimited
$59 for dogs; $32 for cats
$100, $250, $500, $750, $1,000, $1,500
Editors’ Take
We picked Figo due to its short 1-day waiting period for accident coverage. It also offers a wide variety of coverage, reimbursem*nt and deductible options so you can work within your budget.
- Offers a 100% reimbursem*nt option.
- Has a 24/7 pet telehealth line.
- Routine wellness plan available.
More: Figo Pet Insurance Review
Expert’s Take
I love that Figo has a variety of solutions and tools for pet owners to care for their pets. Figo goes beyond just pet insurance and takes a more holistic approach to pet care.
– Beth Tofel, Co-Founder and President of FootprintID and PawprintID
Drawbacks
- Coverage for vet exam fees can be added but for an extra cost. Some top competitors include this in the base coverage.
- 6-month waiting period for orthopedic problems, but can be waived if your vet signs an orthopedic conditions waiver within the first 30 days of the policy.
- No option to pay the vet directly.
Plan Details
| Coverage type | Plan details |
|---|---|
Reimbursem*nt choices | 70%, 80%, 90%, 100% |
Waiting periods | 1 day for accidents; 14 days for illnesses; 6 months for orthopedic conditions (can be waived with an orthopedic waiver within the first 30 days of the policy) |
Multipet discount | 5% |
Euthanasia or end of life expenses | Included |
Vet exam fees | Yes, if you purchase the Veterinary Exam Fees Powerup |
Microchipping | Yes, if you purchase the Wellness and Preventative Coverage Powerup |
BEST FOR CHOICES OF ANNUAL COVERAGE
Spot
4.3
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Maximum annual coverage
$2,500, $3,000, $4,000, $5,000, $7,000, $10,000, Unlimited
Average monthly cost for Unlimited coverage
$96 for dogs; $46 for cats
Deductible choices
$100, $250, $500, $750, $1,000
Compare Plans
$2,500, $3,000, $4,000, $5,000, $7,000, $10,000, Unlimited
$96 for dogs; $46 for cats
$100, $250, $500, $750, $1,000
Editors’ Take
We found that Spot has an enviable selection of annual coverage choices and deductible options. You can customize coverage levels in order to get to a monthly cost that fits your budget.
- Has a 24/7 pet telehealth line.
- Includes coverage for behavioral and alternative therapies.
- No special waiting periods for problems like cruciate ligament conditions.
- Can pay the vet directly if you make a request and the veterinarian allows for direct payment.
More: Spot Pet Insurance Review
Expert’s take
Both Spot and Figo have the same underwriting relationships, so you’ll see pretty comparable rates across both. They have a variety of plans and you can choose the ones that suit your needs and budget best.
– Beth Tofel, Co-Founder and President of FootprintID and PawprintID
Drawbacks
- High average price for unlimited annual coverage.
Plan Details
| Coverage type | Plan details |
|---|---|
Reimbursem*nt choices | 70%, 80%, 90% |
Waiting periods | 14 days for accidents and illnesses; no special waiting period for problems like orthopedic conditions |
Multipet discount | 10% |
Euthanasia or end of life expenses | Included |
Vet exam fees | Included |
Microchipping | Included |
GREAT FOR BOARDING FEES
Fetch
4.1
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Maximum annual coverage
$5,000, $10,000, $15,000
Average monthly cost for Unlimited coverage
$47 for dogs; $43 for cats
Deductible choices
$300, $500, $700
Compare Plans
$5,000, $10,000, $15,000
$47 for dogs; $43 for cats
$300, $500, $700
User Reviews
Catherine A.
Baldwin, New York
Fetch is good pet insurance, covering all aspects of my pet’s health and needs, and it is also very affordable. Fetch could make a live representative easier to reach if a customer has a question.
Read more
Veronica G.
New York, New York
I recommend Fetch because it is competitively priced and covers my dog’s health needs.
Read more
Editor's Take
We like Fetch because it includes coverage for boarding/kennel fees if you are hospitalized for four or more days, up to $1,000. That’s a benefit you won’t find at most pet insurance companies. While Fetch has limited annual coverage and longer waiting periods compared to top competitors, we like its low prices.
- Optional wellness plan available.
- Covers vet exam fees.
- Covers advertising fees and a reward if your pet is lost or stolen, up to $1,000.
- Covers vacation cancellation fees if you have to stay home due to a sick pet.
More: Fetch Pet Insurance Review
Expert’s Take
Fetch does not restrict age, making it an excellent option for older pets, a factor many of my clients find appealing. Their straightforward claim process and responsive customer service also make it popular among pet owners.
– Dr. Sabrina Kong, DVM and staff veterinary writer at WeLoveDoodles
Drawbacks
- 15-day waiting period for accidents and illnesses.
- 6-month waiting period for coverage for pre-existing cruciate ligament issues and hip dysplasia. (The problem may be covered if the issue occurs within 30 days of your policy purchase and there’s documentation that it’s a new condition.)
- No 24/7 vet helpline.
- No option to pay the vet directly.
Plan Details
| Coverage type | Plan details |
|---|---|
Reimbursem*nt choices | 70%, 80%, 90% |
Waiting periods | 15 days for accidents and illnesses; 6 months for cruciate ligament issues and hip dysplasia |
Multipet discount | No |
Euthanasia or end of life expenses | Not included |
Vet exam fees | Included |
Microchipping | Not included |
GREAT FOR UNLIMITED ANNUAL COVERAGE
Healthy Paws
4.1
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Maximum annual coverage
Unlimited
Average monthly cost for Unlimited coverage
$52 for dogs; $23 for cats
Deductible choices
$100, $250, $500, $750, $1,000
Compare Plans
Unlimited
$52 for dogs; $23 for cats
$100, $250, $500, $750, $1,000
User Reviews
Jonathan C.
Bothell, Washington
Healthy Paws is amazing. We had an emergency with our dog and they were with us all the way through.
Read more
Salina L.
Prestonsburg, Kentucky
That it treats your pets like they’re humans.
Read more
Michael T.
Orangeburg, South Carolina
I love the discounted prices and compassionate employees who are knowledgeable.
Read more
Editors’ Take
We picked Healthy Paws because it offers unlimited annual coverage at a lower-than-average cost compared to other top competitors. But vet exam fees are not covered and pets enrolled at age 6 and older will not be covered for hip dysplasia.
- No annual coverage limit on claim payouts.
- Has a 24/7 pet telehealth line.
- Pays vet directly if you make a request to Healthy Paws in advance of treatment.
More: Healthy Paws Pet Insurance Review
Expert’s Take
Healthy Paws is notable for its straightforward coverage and unlimited benefits with no cap on claims. In my professional circle, it’s highly regarded for its ease of use and quick reimbursem*nt process, which is crucial for managing unexpected medical expenses effectively.
– Bricks Coggin, CEO of ABCs Puppy Zs
Drawbacks
- Choices for deductibles and reimbursem*nt levels are related to the pet’s age and other factors, but Healthy Paws does not disclose the exact deductible schedule. You have to get a quote to find out your choices.
- Doesn’t offer wellness or routine care coverage.
- Doesn’t cover vet exam fees for accidents or illnesses.
Plan Details
| Coverage type | Plan details |
|---|---|
Reimbursem*nt choices | 50%, 60%, 70%, 80%, 90% |
Waiting periods | 15 days for accidents and illnesses; 12 months for hip dysplasia |
Multipet discount | No |
Euthanasia or end of life expenses | Included |
Vet exam fees | Not included |
Microchipping | Not included |
GREAT PRICES FOR DOGS AND CATS
Lemonade
4.1
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Maximum annual coverage
$5,000, $10,000, $20,000, $50,000, $100,000
Average monthly cost for Unlimited coverage
$46 for dogs; $27 for cats
Deductible choices
$100, $250, $500, $750
Compare Plans
$5,000, $10,000, $20,000, $50,000, $100,000
$46 for dogs; $27 for cats
$100, $250, $500, $750
User Reviews
Amy P.
Tallahassee, Florida
Lemonade allows me to purchase multiple plans inexpensively.
Read more
Kathy C.
Lexington, North Carolina
Lemonade made getting pet insurance for my three dogs very easy and I’m pleased with the coverage.
Read more
Sonja C.
Madison Heights, Michigan
Lemonade is cheap. It’s a good insurance to use, especially if you need a secondary insurance plan, and they have many benefits and options to choose from.
Read more
Eric D.
West Point, New York
It’s there when you need it. Before we got covered we dropped $1,500 on a single visit. I’d like if they covered more expenses and lower the premiums if you cover multiple animals.
Read more
Editors’ Take
We like Lemonade due to its very competitive rates for dogs and cats. But you’ll give up some things like a 24/7 vet helpline, and coverage of the vet exam fee is available only by buying an add-on.
- Lower-than-average prices for dogs and cats.
- Accident coverage waiting period of only 2 days.
- Optional wellness plan available.
- Has live chat for pet health questions seven days a week from 6 a.m. to 12 a.m. ET.
More: Lemonade Pet Insurance Review
Expert’s Take
I love that Lemonade is solely a digital company. Their platform is extremely easy to use, end-user friendly, and their customer service is great.
– Beth Tofel, Co-Founder and President of FootprintID and PawprintID
Drawbacks
- Many coverage perks are only available as add-ons for extra cost.
- 6-month waiting period for coverage of cruciate ligaments.
- No coverage for behavioral or alternative therapy.
- No coverage for stem cell treatment, prescription food or microchipping.
- No option to pay the vet directly.
Plan Details
| Coverage type | Plan details |
|---|---|
Reimbursem*nt choices | 70%, 80%, 90% |
Waiting periods | 2 days for accidents; 14 days for illnesses; 6 months for cruciate ligament issues |
Multipet discount | 5% |
Covers euthanasia or end of life expenses | Yes, if you buy the End-of-life and Remembrance add-on |
Vet exam fees | Yes, if you buy the Vet Visit Fee add-on |
Microchipping | Yes, if you buy the Puppies/Kitten Preventative Care Package |
How to Find the Best Pet Insurance Company
With all the variations in pricing and coverage details, it can be challenging to compare pet insurance plans in an apples-to-apples way. We found the best way to do it is by prioritizing the benefits that are the most important to you and then comparing prices among the policies that match your must-haves. Here’s how we chose the best pet insurance.
Plan Type
The first thing we recommend looking at is the plan type. We recommend a comprehensive pet insurance plan that covers accidents and illnesses. Pet insurance can generally be broken down into these plan types.
- Accident and illness plan. This covers vet bills for accidents (like broken bones) and illnesses (such as cancer, allergies and skin infections).
- Accident-only plan. This covers accident-related vet expenses, such as broken bones, bite wounds and ingested foreign objects. It does not cover illness-related vet expenses.
- Pet wellness plans for routine care. This is typically an add-on policy that covers routine vet expenses like annual wellness exams, flea and heartworm prevention, and vaccinations.
- Comprehensive plan. Sometimes called a “nose-to-tail” policy, this typically refers to an accident and illness plan plus an optional wellness plan.
Related: What Does Pet Insurance Cover?
Compare Plans Available by Company
We recommend looking at valuable benefits like coverage for vet exam fees. Not all insurers include this with their base policies. If having access to a 24/7 vet telehealth line is important to you, we recommend choosing an insurer that provides this benefit. It’s also a good idea to look at insurers that offer optional pet insurance wellness plans for routine care if you want coverage for expenses like annual wellness exams and vaccinations.
| Company | Covers pet exam fees for accidents and illnesses? | 24/7 vet telehealth line available? | Offers optional wellness plan? | Offers option to pay vet directly |
|---|---|---|---|---|
Pets Best | No (add-on coverage is available) | Yes | Yes | Yes |
Embrace | Yes | Yes | Yes | Yes |
Paw Protect | Yes | Yes | Yes | Yes |
Figo | No (add-on coverage is available) | Yes | Yes | No |
Spot | Yes | Yes | Yes | Yes |
Fetch | Yes | No | Yes | No |
Healthy Paws | No | Yes | No | Yes |
Lemonade | No (add-on coverage is available) | No | Yes | No |
Coverage Levels
Pet insurance policies will typically offer a range of annual maximums, deductibles and reimbursem*nt levels to choose from. We would prioritize choosing coverage levels you’re comfortable with rather than focusing on price alone. In the event of an expensive claim, you’ll be glad you bought sufficient coverage.
- Annual maximum coverage. This is the maximum amount that will be paid out for pet insurance claims during the policy period. Common annual maximum coverage amounts include $5,000, $10,000 and unlimited.
- Deductible. This is the amount you’ll pay toward vet bills before your coverage kicks in. Common deductible choices include $100, $250 and $500.
- Reimbursem*nt percentage. This is the reimbursem*nt you’ll get back if you make a pet insurance claim. Common reimbursem*nt levels include 70%, 80% and 90%.
Compare What’s Covered by Company
We recommend comparing coverage benefits like behavioral therapy, alternative therapy, microchipping and end-of-life expenses among pet insurers. Some insurers include these coverage types in their base policies or have the option to buy extra coverage.
| Company | Covers behavioral therapy? | Covers alternative therapy? | Covers microchipping? | Covers euthanasia or end-of-life expenses? |
|---|---|---|---|---|
Pets Best | No | No | No (add-on coverage is available) | Yes |
Embrace | Yes | Yes | No (add-on coverage is available) | Yes |
Paw Protect | Yes | Yes | No (add-on coverage is available) | Yes |
Figo | No | Yes | No (add-on coverage is available) | No (add-on coverage is available) |
Spot | Yes | Yes | Yes | Yes |
Fetch | Yes | Yes | Yes | No |
Healthy Paws | No | Yes | No | Yes |
Lemonade | No | No | No (add-on coverage is available) | No (add-on coverage is available) |
Waiting Periods
A waiting period is the time between the policy purchase date and when the coverage begins. If you have a dog, we recommend taking a hard look at any special waiting periods, such as those for cruciate ligament issues. Many policies have a six-month waiting period for this but some insurers will waive this waiting period if you have an orthopedic exam done.
Special waiting periods for orthopedic conditions like hip dysplasia or cruciate ligament issues can range from six to 12 months, but you can find pet insurance with no waiting period for orthopedic conditions. If a long waiting period is a concern, I recommend looking at insurers like ASPCA, ManyPets, Pumpkin, Spot and Trupanion.
– Jason Metz, Lead Editor
Compare Waiting Periods by Company
| Company | Accident waiting period | Illness waiting period | Special waiting period |
|---|---|---|---|
Pets Best | 3 days | 14 days | 6 months for cruciate ligament conditions |
Embrace | Accident coverage begins at 12:01 a.m. ET | 14 days | 6 months for orthopedic conditions (can be waived with an orthopedic exam) |
Paw Protect | Accident coverage begins at 12:01 a.m. ET | 14 days | 6 months for orthopedic conditions (can be waived with an orthopedic exam) |
Figo | 1 day | 14 days | 6 months for orthopedic conditions (can be waived with an orthopedic waiver within the first 30 days of the policy) |
Spot | 14 days | 14 days | None |
Fetch | 15 days | 15 days | 6 months for cruciate ligament issues and hip dysplasia |
Healthy Paws | 15 days | 15 days | 12 months for hip dysplasia |
Lemonade | 2 days | 14 days | 6 months for cruciate ligament issues |
Pet Insurance Discounts
Pet insurance discounts are a good way to save. Here are discounts we found in our analysis, but they will vary by company:
- Multipet discount. Many insurers offer a discount if you insure more than one pet.
- Spay/neuter discount. Some insurers offer discounts to pet owners who have their pet spayed or neutered.
- Annual pay discount. You can often reduce costs if you pay your annual premium in one lump sum.
- Military discount. Some insurers offer discounts for military members and veterans.
- Group discount at work. Some employers offer pet insurance as a voluntary benefit, which could get you a 5% to 10% discount.
- Bundle discount. You can get up to a 10% discount when you bundle Lemonade pet insurance with a Lemonade renters or homeowners insurance policy.
Pet Insurance Discounts by Company
| Company | Multipet discount | Military member discount | Annual payment discount | Other discounts |
|---|---|---|---|---|
Pets Best | 5% | No | No | No |
Embrace | 10% | 5% (not available in New York or Tennessee) | No | No |
Paw Protect | 10% | 5% | No | No |
Figo | 5% | 5% (not available in Florida, New York, Tennessee or Washington) | No | No |
Spot | 10% | No | No | No |
Fetch | No | 10% | No | 10% for AARP members |
Healthy Paws | No | No | No | No |
Lemonade | 5% | No | 5% | 10% bundling discount with other Lemonade insurance policies |
Other Pet Insurance Comparison Factors
Here are two more factors we would look at when buying a pet insurance plan:
- Exam fees. When you take your pet to the veterinarian for an accident or illness, you pay an exam fee, costing $100 or more depending on your veterinarian and visit type. Make sure the policy covers these exam fees because not all do.
- Benefits. Look for extra benefits like a 24-hour vet helpline in case your pet gets sick at night. As another example, Nationwide pet insurance members have access to preferred pricing on pet prescriptions at any Walmart pharmacy.
Case Study: Finlay’s Cancer Battle
When my 5-year-old dog Finlay was diagnosed with stage four nasal sarcoma, I was devastated. It began with a severe nosebleed, followed by a CT scan and biopsy. In just a week and a half, our lives were turned upside down. The expenses piled up quickly, from imaging procedures to targeted radiation therapy and countless follow-up visits. In total, we racked up over $10,000 in medical costs. Thankfully, our pet insurance has reimbursed us $8,565 so far. Each approved claim brings a wave of relief because we know we can focus on Finlay instead of the financial stress.
– Mitchell G., Michigan
How Much Does Pet Insurance Cost?
Pet insurance costs an average of $48 for a dog and $28 per month for a cat, according to our analysis of pet insurance costs. That’s for a policy with $5,000 of annual coverage, a $250 deductible and 80% reimbursem*nt level. A policy with unlimited annual coverage, a $250 deductible and 80% reimbursem*nt level costs an average of $68 per month for a dog and $40 per month for a cat.
Pet Insurance Cost Comparison by Company
| Company | Company - Logo | Average monthly cost for a dog | Average monthly cost for a cat | Learn More CTA text | Learn more CTA below text | View More |
|---|---|---|---|---|---|---|
| Pets Best | | $46 | $26 | Compare Plans | Via PetInsurer.com's Secure Website | |
| Embrace | | $78 | $51 | Compare Plans | Via PetInsurer.com's Secure Website | |
| Paw Protect | | $79 | $50 | Compare Plans | Via PetInsurer.com's Secure Website | |
| Fetch | | $47 | $62 | Compare Plans | Via PetInsurer.com's Secure Website | |
| Figo | | $63 | $33 | Compare Plans | Via PetInsurer.com's Secure Website | |
| Healthy Paws | | $57 | $25 | Compare Plans | Via PetInsurer.com's Secure Website | |
| Lemonade | | $40 | $22 | Compare Plans | Via PetInsurer.com's Secure Website | |
| Spot | | $103 | $48 | Compare Plans | Via PetInsurer.com's Secure Website |
Costs are based on a plan with unlimited annual coverage ($15,000 for Fetch and $100,000 for Lemonade), a $250 deductible ($300 for Fetch and $750 for dogs and cats over age seven in several states for Healthy Paws) and 80% reimbursem*nt level for mixed breed dogs and mixed breed cats.
Factors That Determine Pet Insurance Cost
Your pet insurance costs will be determined by factors such as:
- Annual maximum, deductible and reimbursem*nt level.
- Pet’s age, breed and gender.
- Your location.
How Much Does Pet Insurance for Dogs Cost?
The average cost of pet insurance for a dog is $48 per month for $5,000 in annual coverage, a $250 deductible and 80% reimbursem*nt level. A policy with unlimited annual coverage, a $250 deductible and 80% reimbursem*nt level costs $68 per month.
- Pet insurance for a puppy costs $41 per month for a policy with $5,000 in annual coverage, a $250 deductible and 80% reimbursem*nt level.
- Pet insurance for a puppy costs $58 for unlimited annual coverage, a $250 deductible and 80% reimbursem*nt level.
How Much Does Pet Insurance for Cats Cost?
The average cost of pet insurance for a cat is $28 per month for $5,000 in annual coverage, a $250 deductible and 80% reimbursem*nt level. A policy with unlimited annual coverage, a $250 deductible and 80% reimbursem*nt level costs $40 per month.
- Pet insurance for a kitten costs $23 per month for a policy with $5,000 in annual coverage, a $250 deductible and 80% reimbursem*nt level.
- Pet insurance for a kitten costs $32 per month for unlimited annual coverage, a $250 deductible and 80% reimbursem*nt level.
Ask an expert
Dr. Sarah Reidenbach
Advisory Board Member
Is Pet Insurance Worth It?
As a veterinarian, people often express concern to me about the cost of veterinary medicine compared to human medicine. The truth is that human medical services are exponentially more expensive, but most of us are used to having the benefit of health insurance for medical needs. Taking the time to get pet insurance in place can save the stress of large emergency veterinary bills that are so difficult to manage.
Dr. Sarah Reidenbach
Advisory Board Member
How to Buy a Pet Insurance Plan
These simple steps will get you to the best policy for your situation.
| Consider Your Pet’s Potential Health ProblemsYour pet’s age, breed and health history can affect what kind of coverage you want. Consult with your vet about your pet’s susceptibility to certain illnesses or injuries common to the breed. Also consider the pet’s risk of injury if they spend a lot of time outdoors. |
| Determine What Policy Features Are Important to YouConsider what types of problems should be covered by your ideal policy, especially when it comes to potentially expensive problems. Know what you want for the annual coverage limit, deductible amount and reimbursem*nt level. |
| Compare Quotes for Plans That Match Your Wish ListThe best way to find a policy within your budget is to compare pet insurance quotes among multiple insurers. You can get free quotes online or you can contact an insurance agent that sells pet insurance. |
ASK THE EXPERT
We Answer Your Questions
Jason Metz
Insurance Lead Editor
Michelle Megna
Insurance Lead Editor
Les Masterson
Insurance Editor
My pet was injured while we were on vacation and treated by a vet in a different state. Will pet insurance cover my vet bills?
Arnie S., Jamestown, Rhode Island
Yes, pet insurance covers vet bills for accidents and illnesses with any licensed vet in the U.S. That includes specialty clinics and emergency services.
Jason Metz
Insurance Lead Editor
Will pet insurance pay for prescription food?
Samantha B., Angola, Indiana
Yes, some pet insurers cover prescription food and supplements if it’s prescribed by your vet for a problem covered by your policy, like skin allergies. But some pet insurance companies do not cover prescription food and medication, such as Lemonade.
Michelle Megna
Insurance Lead Editor
Can I still buy pet insurance for a senior dog?
Jake M., New Paltz, New York
Yes, you can buy pet insurance for a senior dog. Since older dogs are more likely to develop health problems, it can be a good way to help offset major vet bills. Some pet insurers have an “upper age limit” for buying a new policy, such as age 14. But if you buy the policy before the insurer’s upper age limit, your dog can have lifetime coverage.
Les Masterson
Insurance Editor
Methodology
To find the best pet insurance we used data provided by PetInsurer.com to score each pet insurance company based on the following:
- Pet insurance rates (40% of score): We calculated average rates for medium sized mixed breed dogs age 3 months, 2 years, 5 years and 7 years for plans with unlimited coverage, a $250 deductible and a 80% reimbursem*nt level, or the closest options available.
- Special waiting period (10% of score): Many pet insurance companies have a special waiting period for problems such as cruciate ligament issues and hip dysplasia. Plans that had no waiting period, a waiting period of fewer than six months or the ability to have the waiting period waived scored higher.
- Direct payment to vet (10% of score): Pet insurance companies that have the ability to pay a vet directly earned points.
- 24/7 vet health line (10% of score): Insurers that provide access to a 24/7 vet health line earned points.
- Routine wellness plans (10% of score): Insurers that offer optional wellness plans earned points.
- Pays veterinary exam fees (10% of score): Plans that cover the vet exam fee received points. Not all insurers cover exam fees, even if the fee is for an illness or accident-related visit.
- Euthanasia or end of life expenses (5% of score): Insurers that cover end of life expenses, such as euthanasia, cremation or burial fees, received points.
- Multipet discount (5% of score): Many pet insurance companies offer a discount if you insure more than one pet. Insurers that offer a multipet discount earned points.
Compare Pet Insurance Plans
Get a free quote from the top pet insurance companies in the U.S.
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Read more: How Forbes Advisor Rates Pet Insurance Companies
Best Pet Insurance Frequently Asked Questions (FAQs)
Is pet insurance worth it?
We found the best way to determine if pet insurance is worth it is to consider how an unexpected vet bill could impact your personal finances. For example, if you’ve been paying about $50 per month for dog insurance for three years, you’ve paid $1,800 in pet insurance premiums.
Let’s say your dog swallowed a tennis ball and surgery cost $3,500. If you have a $250 deductible and 80% reimbursem*nt level, your out-of-pocket cost for treatment would be $900 ($250 deductible + 20% of $3,250 = $900). Adding up the premium for three years and what you’ve paid toward treatment, you’ve paid $2,700 and avoided paying $800 by having pet insurance.
What is the best dog insurance?
We found that Pets Best is the best dog insurance company because of its solid coverage options and low prices for unlimited annual coverage among the companies we evaluated. Dog owners will find a 24/7 vet telehealth line, the option to add a wellness plan and the ability to pay the vet directly, which can help keep out of pocket expenses low.
Other pet insurance companies that scored well in our analysis include Embrace, Paw Protect, Fetch, Figo, Healthy Paws, Lemonade and Spot.
What is the best cat insurance?
We found that Pets Best is the best cat insurance due its competitive prices and coverage options. These include access to a 24/7 vet telehealth line, an optional wellness plan and the ability to pay the vet directly.
Other insurers that were among our winners for best cat insurance companies include Embrace, Paw Protect, Spot, Figo and Healthy Paws.
Do all vets take pet insurance?
All vets take pet insurance in the sense that pet insurance is generally reimbursem*nt-based, meaning you’ll pay the veterinarian bills up-front and then submit a claim to your pet insurance company for reimbursem*nt. So in most cases the veterinarian does not interact at all with the insurance company.
Some pet insurance companies pay the vet directly, which can reduce your out-of-pocket costs and you won’t have to wait for an insurance claims check.
Next Up In Pet Insurance
- Best Cheap Pet Insurance
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- Is Pet Insurance Worth It?
- Compare Pet Insurance Quotes
