Best Pet Insurance Companies Of June 2024 (2024)

Table of Contents
Summary: 2024 Best Pet Insurance Ratings How We Chose the Best Pet Insurance The Best Pet Insurance Companies BEST OVERALL Pets Best BEST FOR HEALTHY PET DISCOUNT Embrace GREAT FOR SUPERIOR BENEFITS Paw Protect GREAT FOR SHORT WAITING PERIOD FOR ACCIDENT COVERAGE Figo BEST FOR CHOICES OF ANNUAL COVERAGE Spot GREAT FOR BOARDING FEES Fetch GREAT FOR UNLIMITED ANNUAL COVERAGE Healthy Paws GREAT PRICES FOR DOGS AND CATS Lemonade How to Find the Best Pet Insurance Company Decide on a Plan Type Pick a Combination of Coverage Levels Be Aware of Waiting Periods Ask About Pet Insurance Discounts Consider These Other Factors Case Study: Finlay’s Cancer Battle How Much Does Pet Insurance Cost? Pet Insurance Cost Comparison by Company Factors That Determine Pet Insurance Cost How Much Does Pet Insurance for Dogs Cost? How Much Does Pet Insurance for Cats Cost? Pet Insurance Reduces Financial Stress Best Pet Insurance Policies at a Glance Waiting Period Comparison Coverage Levels Comparison Policy Reimbursem*nt Comparison Coverage Details Comparison Compare Pet Insurance Quotes How to Buy a Pet Insurance Plan Consider Your Pet’s Potential Health Problems Determine What Policy Features Are Important to You Compare Quotes for Plans That Match Your Wish List We Answer Your Questions Does pet insurance cover a tooth extraction? Do pet insurance companies have an option to pay the vet directly? Can I still buy pet insurance for a senior dog? Methodology Other Pet Insurance Companies We Rated Best Pet Insurance Frequently Asked Questions (FAQs) Is pet insurance worth it? What is the best dog insurance? What is the best cat insurance? Next Up In Pet Insurance FAQs

Best Pet Insurance Companies Of June 2024 (2)

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.

  • Best Pet Insurance Companies Of June 2024 (4)

Jason Metz

Best Pet Insurance Companies Of June 2024 (5)

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.

  • Best Pet Insurance Companies Of June 2024 (7)

Lead Editor, Insurance

Best Pet Insurance Companies Of June 2024 (9)

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

Best Pet Insurance Companies Of June 2024 (11)

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: Jun 2, 2024, 4:11pm

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.

Read more

Summary: 2024 Best Pet Insurance Ratings

Editors’ TakeCompanyCompany - LogoForbes Advisor RatingForbes Advisor Rating
Best overallPets BestBest Pet Insurance Companies Of June 2024 (13)5.0Best Pet Insurance Companies Of June 2024 (14)
Best for healthy pet discountEmbraceBest Pet Insurance Companies Of June 2024 (15)4.5Best Pet Insurance Companies Of June 2024 (16)
Great for superior benefitsPaw ProtectBest Pet Insurance Companies Of June 2024 (17)4.5Best Pet Insurance Companies Of June 2024 (18)
Great for short waiting period for accident coverageFigoBest Pet Insurance Companies Of June 2024 (19)4.3Best Pet Insurance Companies Of June 2024 (20)
Best for choices of annual coverageSpotBest Pet Insurance Companies Of June 2024 (21)4.3Best Pet Insurance Companies Of June 2024 (22)
Good for boarding feesFetchBest Pet Insurance Companies Of June 2024 (23)4.1Best Pet Insurance Companies Of June 2024 (24)
Great for unlimited annual coverageHealthy PawsBest Pet Insurance Companies Of June 2024 (25)4.1Best Pet Insurance Companies Of June 2024 (26)
Great prices for dogs and catsLemonadeBest Pet Insurance Companies Of June 2024 (27)4.1Best Pet Insurance Companies Of June 2024 (28)

How We Chose the Best Pet Insurance

The Best Pet Insurance Companies

BEST OVERALL

Pets Best

5.0

Best Pet Insurance Companies Of June 2024 (30)

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 typePlan 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

Best Pet Insurance Companies Of June 2024 (34)

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 typePlan 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

Best Pet Insurance Companies Of June 2024 (38)

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 typePlan 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

Best Pet Insurance Companies Of June 2024 (42)

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 typePlan 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

Best Pet Insurance Companies Of June 2024 (46)

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 typePlan 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

Best Pet Insurance Companies Of June 2024 (50)

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 typePlan 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

Best Pet Insurance Companies Of June 2024 (54)

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 typePlan 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

Best Pet Insurance Companies Of June 2024 (58)

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 typePlan 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.

Decide on a 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.

Best Pet Insurance Companies Of June 2024 (61)

Accident and Illness Plan

Covers vet bills for accidents (like broken bones) and illnesses (such as cancer, allergies and skin infections).

Best Pet Insurance Companies Of June 2024 (62)

Accident-Only Coverage

Covers only accident-related vet expenses, such as broken bones, bite wounds and ingested foreign objects.

Best Pet Insurance Companies Of June 2024 (63)

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.

Best Pet Insurance Companies Of June 2024 (64)

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?

Pick a Combination of 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.

Coverage level typeWhat is it?Common coverage level choices

Annual maximum coverage

The maximum amount that will be paid out for pet insurance claims during the policy period.

$5,000, $10,000 and unlimited

Deductible

The amount you’ll have to pay toward vet bills before your coverage kicks in.

$100, $250, $500

Reimbursem*nt percentage

The reimbursem*nt you’ll get back if you make a pet insurance claim.

70%, 80%, 90%

Be Aware of 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

Ask About 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 Provider

CompanyMultipet discountMilitary member discountAnnual payment discountOther discounts

ASPCA

10%

No

No

10% for veterinary professionals

Costco

5%

No

No

15% discount for Gold star and business members; executive and business executive members will also have $15 enrollment fee waived

Embrace

10%

5% (not available in New York or Tennessee)

No

No

Fetch

No

10%

No

10% for AARP members

Figo

5%

5% (not available in Florida, New York, Tennessee or Washington)

No

No

Geico

10% for plans through Embrace

5% for plans through Embrace (not available in Florida, New York, Tennessee or Washington)

No

No

Healthy Paws

No

No

No

No

Lemonade

5%

No

5%

10% bundling discount with other Lemonade insurance policies

Liberty Mutual

5% for insuring two pets; 10% for insuring three or more pets

Up to 20% if stacked with other discounts

No

Up to 20% (if stacked with other discounts) for bundling with other Liberty Mutual policies; discounts for affinity partners

ManyPets

No

No

No

No

Paw Protect

10%

5%

No

No

Pets Best

5%

No

No

No

Progressive

5% for BestBenefit plan

No

No

5% quote discount for BestBenefit plan (not available in Alaska, Florida, Hawaii or Tennessee)

Prudent

10%

No

No

$15 Amazon gift card if you refer someone who requests a quote

Pumpkin

10%

No

No

No

MetLife

Yes

Yes

No

Discounts for affinity groups, health care workers, animal care workers and purchases made through the internet

Nationwide

5%

No

No

5% discount for existing Nationwide customers; discounts for Nationwide employees

Spot

10%

No

No

No

State Farm

No

No

No

No

Trupanion

No

No

No

No

USAA

Yes

15% automatically applied, up to 25% if you’re a veteran or on active duty

No

No

Walmart

No

10%

No

No

Consider These Other 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

CompanyCompany - LogoAverage monthly cost for a dogAverage monthly cost for a catLearn More CTA textLearn more CTA below textView More
Pets BestBest Pet Insurance Companies Of June 2024 (65)$46$26Compare PlansVia PetInsurer.com's Secure Website
EmbraceBest Pet Insurance Companies Of June 2024 (66)$78$51Compare PlansVia PetInsurer.com's Secure Website
Paw ProtectBest Pet Insurance Companies Of June 2024 (67)$79$50Compare PlansVia PetInsurer.com's Secure Website
FetchBest Pet Insurance Companies Of June 2024 (68)$47$62Compare PlansVia PetInsurer.com's Secure Website
FigoBest Pet Insurance Companies Of June 2024 (69)$63$33Compare PlansVia PetInsurer.com's Secure Website
Healthy PawsBest Pet Insurance Companies Of June 2024 (70)$57$25Compare PlansVia PetInsurer.com's Secure Website
LemonadeBest Pet Insurance Companies Of June 2024 (71)$40$22Compare PlansVia PetInsurer.com's Secure Website
SpotBest Pet Insurance Companies Of June 2024 (72)$103$48Compare PlansVia 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

Pet Insurance Reduces Financial Stress

Best Pet Insurance Companies Of June 2024 (73)

Dr. Sarah Reidenbach

Advisory Board Member

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

Best Pet Insurance Policies at a Glance

Here’s a quick look at some of the top policy features to look at when you’re buying pet insurance.

Waiting Period Comparison

Coverage Levels Comparison

Policy Reimbursem*nt Comparison

Coverage Details Comparison

Compare Pet Insurance Quotes

Compare 10+ Leading Pet Insurers In Minutes

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How to Buy a Pet Insurance Plan

These simple steps will get you to the best policy for your situation.

Best Pet Insurance Companies Of June 2024 (75)

Consider Your Pet’s Potential Health Problems

Your 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.

Best Pet Insurance Companies Of June 2024 (76)

Determine What Policy Features Are Important to You

Consider 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.

Best Pet Insurance Companies Of June 2024 (77)

Compare Quotes for Plans That Match Your Wish List

The 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

Best Pet Insurance Companies Of June 2024 (78)

Jason Metz

Insurance Lead Editor

Best Pet Insurance Companies Of June 2024 (79)

Michelle Megna

Insurance Lead Editor

Best Pet Insurance Companies Of June 2024 (80)

Les Masterson

Insurance Editor

Does pet insurance cover a tooth extraction?

Lorraine G., Roswell, New Mexico

Yes, pet insurance covers tooth extractions if it’s related to an accident or illness. Pet insurance policies typically include pet dental insurance for dental accidents, like a broken tooth. Most policies also include coverage for dental illnesses, like gum disease. But some insurers (such as Lemonade) charge extra for coverage for illness-related dental problems.

Jason Metz

Insurance Lead Editor

Do pet insurance companies have an option to pay the vet directly?

Davina T., Evans, Colorado

Yes, some insurers will pay your vet directly. For example, Trupanion can pay the vet directly if your vet has Trupanion’s software. But not all insurers have this option, so make sure you go with a company that offers this benefit if it’s important to you.

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.

Get Quotes

Read more: How Forbes Advisor rates pet insurance companies

Other Pet Insurance Companies We Rated

CompanyForbes Advisor rating

ManyPets

Best Pet Insurance Companies Of June 2024 (84)
3.8 stars

Pumpkin

Best Pet Insurance Companies Of June 2024 (85)
3.3 stars

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.

Next Up In Pet Insurance

  • Best Cheap Pet Insurance
  • How Much Does Pet Insurance Cost?
  • What Does Pet Insurance Cover?
  • Is Pet Insurance Worth It?
  • Compare Pet Insurance Quotes
Best Pet Insurance Companies Of June 2024 (2024)

FAQs

What's the best and cheapest pet insurance? ›

Cheap Pet Insurance Companies in Detail
  • ManyPets. Cheapest Plans for Cats. ...
  • Lemonade. Most Affordable. ...
  • ASPCA Pet Health Insurance. Our Pick for Older pets. ...
  • AKC Pet Insurance. Our pick for breeders. ...
  • Healthy Paws. Most Affordable Unlimited Coverage. ...
  • Figo. Most Flexible Reimbursem*nt Rates. ...
  • Pets Best. ...
  • Spot Pet Insurance.
6 days ago

Why is trupanion so expensive? ›

Trupanion's pricing is likely higher than average because all plans include unlimited coverage and a 90% reimbursem*nt rate. Your plan cost will vary depending on where you live and your pet's breed, age and species. Premiums may also increase incrementally each year as your pet ages.

What age is best to get pet insurance? ›

"There is no upper age limit for coverage or enrollments." "You may enroll your dog or cat as early as 7 weeks of age," insurer Pets Best says. "Like children, young dogs and cats have the highest risk of accidents. And because their immune systems aren't mature, they're more susceptible to infectious diseases.

Is it normal for pet insurance to increase every year? ›

You can generally expect your pet's insurance coverage cost to increase each year, along with their age.

What is the typical monthly cost of pet insurance? ›

Average Pet Insurance Costs by State, Monthly
StateAverage Premium for CatsAverage Premium for Dogs
Alaska$28.35$46.89
Arizona$31.96$53.22
Arkansas$27.52$41.10
California$31.97$61.29
46 more rows

What are the alternatives to pet insurance? ›

Financial Assistance Programs
  • Face Foundation.
  • Brown Dog Foundation.
  • Feline Veterinary Emergency Assistance Program (FVEAP)
  • HandicappedPets.com.
  • International Association of Assistance Dog Partners (IAADP)
  • Shakespeare Animal Fund.
  • The Magic Bullet Fund (Cancer Specific)
  • The Mosby Foundation.

Is Trupanion in trouble? ›

Trupanion has generated losses since its inception and last December reported an accumulated deficit of $172 million.

Why do vets recommend Trupanion? ›

Veterinarians know a Trupanion policy can help your pet with unexpected injuries and illnesses. That's why over 2,300 veterinary hospitals and more than 10,000 veterinarians have partnered with Trupanion to offer Vet Direct Pay, so you don't have to be out of pocket for your entire bill.

How much does Trupanion pet insurance cost a month? ›

Monthly premiums start at $59 for dogs on average. Deductibles are adjustable and range from $0 to $1,000. Unlike most pet insurance companies, Trupanion offers lifetime coverage per condition with no payout limits. That means, instead of paying an annual deductible, you'll pay a deductible per condition or accident.

What to do before getting pet insurance? ›

Before you officially sign up for a plan, don't hesitate to reach out to the insurance provider you are considering. They can answer any additional questions you may have. Some companies also allow you to get a free quote for your pet before you sign up, providing transparency on how much insurance will cost.

Should I insure my 14-year-old dog? ›

As mentioned above, elderly dogs need insurance too – if not even more so. The chances of developing certain conditions like cancer, dementia and arthritis are much more common with a senior dog and will need to be considered as your dog ages.

Does pet insurance actually help? ›

Ultimately, pet insurance can be helpful for many situations, especially if you want to reduce the stress and difficult decisions that can stem from unexpected vet bills. In general, you want to shop for pet insurance sooner than later so that it's more cost-effective, but even older pets can be insured.

Why does Trupanion keep increasing? ›

The rising cost of veterinary care amplifies the need for Trupanion to price correctly. Given the financial impact inflation has had on veterinary practices in California since 2022, this new rate will bring California residents more in line with those rising costs.

What percentage of pet owners have pet insurance? ›

So how many pet owners have pet insurance? About half, or 44.6%, of pet owners stated they currently have pet insurance in our survey. On a larger scale, NAPHIA's 2022 State of the Industry Report found that more than 4.41 million pets were insured in North America in 2021, up from 3.45 million in 2020.

What is the average excess on pet insurance? ›

This is not included as standard with every policy but is very common with insurance for older pets. It is a contribution you will pay towards vet bills and is typically 10-20% depending on your policy.

What are the three types of pet insurance? ›

Background: Pet insurance companies typically divide their products into 3 main categories: accident-only, accident and illness, and wellness coverages. Each level offers specific services that are covered and excluded and will vary by price. Insurance policies are usually broken down by the type of pet being insured.

What is the lowest deductible for pet insurance? ›

Deductibles generally range from $0 to $1,000. According to Nationwide, most pet owners choose an annual deductible of $250. Deductibles vary by pet insurance provider and their policies, but pet parents should prepare to pay out of pocket for a veterinary bill until meeting the plan's deductible.

How much is pet insurance in KY? ›

Compare the Top Pet Insurance Providers in Kentucky
CompanyMonthly CostVisit Site
Embrace EXPLORE PLANS$39-$73EXPLORE PLANS
Figo EXPLORE PLANS$25-$54EXPLORE PLANS
Fetch Pet Insurance EXPLORE PLANS$45-$90EXPLORE PLANS
ASPCA Pet Health Insurance EXPLORE PLANS$18-$44EXPLORE PLANS
2 more rows
May 22, 2024

How do I get the best out of my pet insurance? ›

These three tips will ensure you get the best experience possible.
  1. Pay Upfront Treatment Costs On A Credit Card, And Pay It Off With Your Reimbursem*nt. ...
  2. Make Sure Your Vet Knows About Your Pet Insurance Coverage. ...
  3. Make Sure Your Policy Makes Sense For Your Breed, Location, Age, And Any Pre-Existing Conditions.

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