Updated Jan 12, 2023
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Pet insurance is a healthcare policy designed to help pet owners finance emergency veterinary bills when their animal becomes sick or injured. Though coverage varies from provider to provider, most pet insurance policies can reimburse you for up to 90% of your pet’s medical expenses.
House Method evaluated more than 30 top-rated pet insurance providers and hand-picked the following nine based on superior cost-to-coverage ratios, plan customizability, verified customer feedback, discounts, and more.
Here are the nine best pet insurance companies in the United States:
Below is a comparison of the best pet insurance companies. The provided sample premiums are based on a 3-year-old medium-size mixed-breed dog or cat in Raleigh, N.C. Each quote we requested only reflects the cost of standard accident-and-illness coverage with no additional plan riders.
|Brand||Maximum Enrollment Age||Sample Monthly Premium Cost||Money-back Guarantee||Deductible Options||Reimbursement Options||Annual Payout Maximum|
|Lemonade||14 years old||Dogs: $23.22 Cats: $13.22||Yes||$100–$500||60%, 70, 80, or 90%||$5,000–$100,000|
|Spot||N/A||Dogs: $23.47 Cats: $12.22||Yes||$100–$1,000||70, 80, or 90%||$2,500–Unlimited|
|Wagmo||N/A||Dogs: $31.26 Cats: $19.73||No||$250–$1,000||90 or 100%||Up to $20,000|
|Embrace||15 years old||Dogs: $39.42 Cats: $23.02||Yes||$200–$1,000||70, 80, or 90%||$5,000–$30,000|
|Healthy Paws||14 years old||Dogs: $45.64 Cats: $21.33||Yes||$100–$500||70, 80, or 90%||Unlimited|
|Pawp||N/A||Dogs: $24 Cats: $24||No||N/A||N/A||Up to $3,000|
|Figo||N/A||Dogs: $33.21 Cats: $18.58||Yes||$100–$750||70, 80, 90, or 100%||$5,000–Unlimited|
|Fetch||N/A||Dogs: $35.16 Cats: $22.02||Yes||$200–$500||70, 80, or 90%||$5,000–$15,000|
|Trupanion||14 years old||Dogs: $49.05 Cats: $26.14||Yes||$0–$1,000||90%||Unlimited|
When choosing the right pet insurance policy, there’s more to consider than your monthly premium. With so many competing providers claiming to offer the best value, it can be hard to single out what makes one plan better. Here are some key attributes to consider as you compare coverage options:
Lemonade uses AI-powered claim processes to cut overhead costs, translating into affordable policy premiums. Boasting a one-and-done standardized accident-and-illness plan, ample room for plan customization, and an estimated 90-second enrollment experience, House Method nominates Lemonade as the best overall pick industry-wide.
Lemonade offers one stand-alone accident-and-illness policy. This base plan includes reimbursement for the following emergency scenarios and conditions:
Lemonade’s waiting periods align with the industry standard of two days for injuries and 14 days for illnesses. Any medical emergencies affecting your pet before the expiration of these waiting periods will be deemed a pre-existing condition and, therefore, ineligible for coverage. Lemonade also excludes costs related to the following:
Policyholders can build out their base plan by purchasing riders at an additional cost for the following items:
Lemonade’s standard coverage can be customized through your choice of five payout limits, three reimbursement rates, and three deductible options:
Lemonade’s pet insurance plans start as low as $10 a month, but pet owners should expect to pay around $23 for dogs and $21 for cats. Discounts are available to customers who enroll more than one pet or bundle their pet insurance policy with another Lemonade product like auto, life, or homeowners insurance.
Learn more: For more information about this provider, visit our full Lemonade pet insurance review.
Get a quote: Get a free pet insurance quote from Lemonade.
Founded in 2019, Spot may be relatively new, but it offers quality coverage for senior pets and those with behavioral issues. House Method commends Spot for its flexible plan framework, zero restrictions on age, and lenient coverage terms for curable pre-existing conditions.
Spot’s standard coverage is split between an accident-only plan and an accident-and-illness option.
Like most other pet insurance providers, Spot won’t cover pre-existing conditions. Any injury or illness that occurs before the end of your set waiting period qualifies as a pre-existing condition. Spot has a 14-day waiting period for both accidents and illness.
Policyholders can choose one of seven annual limits, three reimbursement rates, and five deductible options.
Pet owners should anticipate a monthly premium of around $23 for dogs and $12 for cats. For an additional $9.95 a month, Spot also offers basic preventative care coverage through its Gold package, which includes a $250 per-treatment annual limit. Its more comprehensive Platinum package, priced at $24.95 a month, comes with a $450 per-treatment annual limit and includes coverage for spay/neuter.
Get a quote: Get a free quote from Spot today.
Wagmo is one of the few providers that offer stand-alone wellness plans for cats and dogs. For that reason, we named it the best option for basic wellness coverage. This provider is a great option for pet owners who have a handle on potential emergency expenses but would benefit from savings on preventative care costs.
Emergency veterinary services covered through Wagmo’s accident-and-illness policy include but aren’t limited to:
Unlike competing providers, Wagmo specializes in preventative care, available in three incremental levels under its Wagmo Wellness plan option. All three wellness plans are designed to strictly cover routine veterinary expenses like annual checkups, heartworm/flea/tick medication, maintenance dental cleanings, vaccinations, and more. Whereas most pet insurers only offer preventative care as an add-on—or not at all—Wagmo Wellness plans can be purchased independently.
Here’s an overview of how each level of Wagmo Wellness differs in cost and coverage:
Policyholders can choose the following customization options:
On average, wellness claims through Wagmo are reimbursed within an impressive one business day after approval. Accident-and-illness claims are typically processed within three to five days.
None of the wellness plans has a waiting period, so you’ll have instant access to coverage benefits after sign-up. Wagmo’s accident-and-illness plan, however, has a 15-day waiting period. Costs related to cancer treatment have a 30-day waiting period. Even after your waiting period, costs related to pre-existing conditions, prescription pet food, vitamins and supplements, dental surgery, rehabilitation, and alternative therapies are eligible for coverage through Wagmo.
Wagmo’s emergency accident-and-illness plan costs an average of $30 per month for dog insurance and just under $20 for cat insurance. Policyholders can also reduce their insurance premiums by up to 10% when they enroll two or more pets in coverage. Wagmo also guarantees an additional 15% off when you renew your pet insurance policy after one year with no claims filed.
Get a quote: Get a free quote from Wagmo today.
Our research team highlighted Embrace as one of the best options for pet owners who can’t resist a good deal. Featuring stacked new joiner discounts for up to 25% off, a one-of-a-kind Wellness Rewards program, and an annual deductible that drops in price year over year, Embrace helps its customers maximize their savings unlike any other provider on the market.
Embrace distributes its coverage through two base plan options: accident-only and accident-and-illness. Both policies uphold the same waiting periods of 48 hours for accidents, 14 days for illnesses, and six months for orthopedic conditions (which can be waived if your pet receives an orthopedic exam within the first two weeks of coverage). Approved accidents, illnesses, and conditions include:
In addition to its standard pet insurance coverage, Embrace also offers an elective Wellness Rewards program. Wellness Rewards covers routine vet costs and several unique items beyond traditional preventative care coverage, such as nutritional supplements, medicated shampoo, wearable pet activity monitors, nail trimming, and more.
This add-on is a non-insurance benefit that reimburses 100% up to your select annual limit. Allowances, however, don’t roll over into the next policy term if left unused. Policyholders participating in Wellness Rewards will receive a $25 annual reward from Embrace.
Here’s how the three reward levels vary in cost and coverage:
Policyholders can choose the following customization options:
Embrace’s accident-and-illness coverage costs an average of $30 per month for dogs and $15 for cats. Premiums can also be reduced through a 10% multi-pet discount and a 5% military discount.
Get a quote: Get a free quote from Embrace today.
Healthy Paws is the perfect provider for indecisive pet owners or anyone new to pet insurance. With one stand-alone accident-and-illness base plan and automatic unlimited annual coverage for all policyholders, Healthy Paws does much of the decision-making for you.
Healthy Paws offers premier pet insurance through one accident-and-illness plan for cats and dogs. By covering your pet with a Healthy Paws plan, you’ll be compensated for the following conditions and services in accordance with the deductible and reimbursement level you select:
Healthy Paws does not offer any form of preventative care coverage, not even as an optional add-on. If you choose to enroll with Healthy Paws, consider signing up for a stand-alone wellness plan with a provider like Wagmo to ensure there aren’t any gaps in your pet’s coverage.
We wouldn’t recommend Healthy Paws if you’re looking to enroll a middle-aged or senior pet as coverage customizability and breadth become increasingly narrow the older the animal is at enrollment. Dogs and cats 3 years and under have access to all three reimbursement rates and deductibles offered by the provider. However, pets ages 4 and 5 lose 10% of their reimbursement potential and can only choose between the two higher deductible options. Pets 8 years and older are limited to a 50% reimbursement rate and a $1,000 deductible.
Cats and dogs ages 14 and up aren’t eligible for enrollment through Healthy Paws. Healthy Paws won’t cover exam fees, elective cosmetic procedures, boarding, behavioral therapy, preventative care items, or pre-existing conditions. Any medical emergencies that predate the 15-day waiting period for accidents and illness will be deemed pre-existing conditions and denied. Pets enrolled before age 6 must also abide by a 12-month waiting period for hip dysplasia. Pets enrolled after the age of 6 aren’t eligible for hip dysplasia coverage at all.
Accident-and-illness coverage through Healthy Paws costs an average of $40 per month for dogs and $20 for cats. New joiners should also be aware of a $25 administration fee at sign-up.
Get a quote: Get a free pet insurance quote from Healthy Paws today.
Pawp takes an unorthodox approach to emergency pet healthcare by offering coverage through an allowance-based fund rather than a traditional insurance model. House Method named Pawp the best option for pet parents with multiple animals needing coverage, as six pets can be covered with just one membership. We specifically loved Pawp’s 24/7 chat line that connects members to real veterinary staff and its direct vet payment option. We did dock a few points as Pawp doesn’t offer preventative care coverage.
Each Pawp membership includes an emergency fund of $3,000 annually, which can only be used once a year for one pet emergency. Up to six pets can be grouped under one membership. New joiners are subject to a two-week waiting period upon enrollment. Additionally, only medical emergencies that receive treatment within eight hours of the incident’s occurrence are eligible for coverage through the emergency fund.
Because Pawp doesn’t follow a reimbursement model, you won’t be charged a deductible or co-pay should you ever need to access your emergency fund. Pawp requires policyholders to video chat with a Pawp vet to confirm the coverage eligibility of the accident or illness. Once you receive approval, you’ll be granted access to your fund, which pays the vet directly.
As an alternative form of pet insurance, Pawp’s stand-alone membership options are priced at $24 per month for cats and dogs of any breed or age. This cost remains fixed even if you add multiple pets to one membership. Pawp doesn’t have any additional coverage riders available for purchase.
Get a quote: Sign up for a pet emergency fund through Pawp today.
With extensive customization options, Figo is our top recommendation to pet owners looking to take the reins of their pet insurance policy. Figo stands out from its competitors for its broad range of coverage options, multiple base plan options, and up to 100% annual reimbursements.
Figo’s base plan options fall into three levels: Essential, Preferred, and Ultimate. Each differs from the next based on its annual coverage limits. Essential features an annual payout limit of $5,000, Preferred comes with $10,000, and Ultimate offers unlimited coverage. Figo customers can also choose between four reimbursement rates and deductibles.
Apart from standard coverage, Figo also offers the following add-ons:
Figo won’t reimburse any medical emergencies occurring before the end of the 24-hour waiting period to cover accidents, 14 days for illnesses, or six months for orthopedic conditions like hip dysplasia. Aside from pre-existing conditions, Figo’s coverage terms exclude experimental procedures, breeding/pregnancy/birth, cloning procedures, and cosmetic surgery.
Accident-and-illness coverage through Figo costs an average of $35 per month for dogs and $25 for cats. New joiners must also pay a one-time $15 administrative fee. Policyholders who opt to pay monthly will owe a $2 transaction fee.
Get a quote: Get a free pet insurance quote from Figo today.
Fetch by the Dodo is a solid option for anyone looking to enroll an older cat or dog, or breeds prone to potentially expensive congenital conditions. With no upper age limits, Fetch offers generous coverage options, including a 100% reimbursement rate and unlimited annual payout, designed to support pet owners through even the most expensive emergency veterinary bills.
Fetch offers one accident-illness plan, which covers a comprehensive list of emergency veterinary services and a few extra perks like hospital boarding fees, behavioral therapy, virtual veterinarian visits, and more. Fetch does, however, require pet owners to ensure their pet receives one annual health and dental checkup to remain eligible for coverage.
Fetch policyholders pay an average of $35 per month for dog insurance and $25 for cat insurance. This is about the industry standard for accident-and-illness coverage.
Get a quote: Get a free pet insurance quote from Fetch today.
Trupanion is one of the few pet insurance providers on the market that offer a $0 deductible option, giving pet owners immediate access to their plan benefits with no minimum balance to meet. Policyholders can also opt to have their vet paid directly for the provided emergency care rather than waiting for reimbursement. We particularly liked Trupanion for its flexible deductible options but subtracted points for its lack of exam fee coverage and 30-day waiting period for illnesses.
Trupanion distributes its coverage under one accident-illness base plan with unlimited annual and lifetime coverage for cats and dogs. Wellness coverage and accident-only protection aren’t available through Trupanion. A wide range of veterinary services and conditions are covered through Trupanion’s standard coverage, including but not limited to the following:
Trupanion policyholders typically pay an average of $70 per month for dog insurance and $40 for cat insurance, which is slightly higher than competing premiums. Customers who choose the $0 deductible option should anticipate an even higher monthly cost.
Get a quote: Get a free pet insurance quote from Trupanion today.
Pet insurance is a health care policy for pets designed to reimburse a percentage of emergency medical expenses based on the coverage level you select. There are two primary types of pet insurance: accident-only and accident-and-illness. Accident-only strictly covers emergency injuries, whereas accident-and-illness spans injuries, illnesses, diseases, and infections. Pet owners can also add wellness coverage to their pet’s policy to help offset the cost of routine veterinary services like annual exams, vaccinations, parasite tests, and more.
Like most other forms of insurance, pet insurance will only cover incidents that occur after your coverage is active and the initial waiting period has expired. Waiting periods for accidents typically only last a few days, whereas illnesses usually require around two weeks. Coverage for congenital conditions and orthopedic issues has waiting periods of six months or more.
Most forms of standard pet insurance follow reimbursement models. In other words, you’ll be responsible for covering your pet’s medical expenses out-of-pocket immediately following treatment. Once the vet has been compensated, you can file a claim with your insurer for reimbursement.
What is and isn’t eligible for reimbursement through your pet insurance policy will depend on the type of coverage you select.
An accident-only plan will generally cover costs related to the following:
On the other hand, accident-and-illness offers more comprehensive financial protection, covering all conditions under accident-only plus:
Specific exclusions and limitations will vary from provider to provider. However, most will not cover pre-existing conditions. A pre-existing condition is an injury or illness that predates the start of your pet insurance policy. Even symptoms of a condition that hasn’t yet been formally diagnosed will qualify as a pre-existing condition.
Other common exclusions include:
With dozens of pet insurance companies on the market, locking in the best policy for you and your pet will depend on various factors specific to your pet’s health history. Here are a few pointers to help you as you compare competing providers:
Because pedigree or purebred pets are at a higher risk for certain congenital and hereditary conditions, they’re more expensive to insure than mixed breeds. Pet insurers charge more for the increased liability they present, so if you’re the owner of a purebred cat or dog, expect a slightly higher monthly premium from the get-go.
Pet insurance is designed to be a financial tool, so it’s counterproductive to spread yourself thin to afford the most comprehensive coverage level. Be realistic about the type of coverage your pet needs to avoid paying for features you likely won’t ever use.
Another way to adjust your premium while achieving adequate coverage is by experimenting with a lower reimbursement rate and a higher deductible.
Shopping around and requesting quotes from at least three viable pet insurance providers is the smartest way to ensure you’re enrolling in the plan with the best value for you. Some companies offer exclusive discounts for policyholders who enroll more than one pet at a time. Other savings opportunities may include military, annual pay, employee, and bundling discounts.
Waiting periods determine how soon after enrollment your pet is eligible for coverage for covered conditions. You’ll want to pay the most attention to any waiting periods for congenital conditions like hip dysplasia. Most providers require policyholders to hold six months of active coverage before they can file a claim for breed-specific issues.
The average cost of a standard accident-and-illness pet health insurance plan for dogs is $583.91 per year or $48.66 per month. Coverage for cats falls around $342.84 per year or $28.57 per month.
Accident-only premiums are slightly cheaper at $239.11 per year or $19.93 per month for dogs and $130.24 per year or $10.85 per month for cats.
Five primary factors shape the amount you’ll pay for pet insurance:
Purchasing pet insurance is simple. After you’ve compared a few custom quotes and settled on the right provider, you can complete the enrollment process online through the insurer’s main website. You’ll be asked to provide basic information about you and your pet, which will then be used to create a made-to-order premium.
Once you’ve provided your payment information, you’ll likely be directed to create an account with the company to finalize the sign-up process. Some pet insurance providers still offer sign-up services over the phone or via e-mail, fax, and snail mail.
With so many pet insurance providers to choose from, all claiming to offer the best value, pet owners often feel inclined to settle on the one with the largest customer base. And though larger companies may offer greater financial security than newer, lesser-known insurers, bigger isn’t always better. The best pet insurance option for you is fully contingent on your pet’s medical needs, what fits within your budget, and which coverage options offer you the most peace of mind.
Lemonade Pet Insurance has positive feedback from current policyholders, featuring an overall score of 4.5 out of 5 on Trustpilot and 83% of 886 reviews rating it a five-star provider.
Not all pet insurance providers offer the same inclusions, exclusions, coverage options, pricing frameworks, payment options, and other policy details. As you compare providers, we strongly suggest you look beyond premiums and pay close attention to the fine print in any insurer’s sample contract.
Although both are out-of-pocket payments, a co-pay is a fixed fee due each time you visit the vet’s office. On the other hand, a deductible is an amount you’ll have to pay before your pet insurance provider takes on any eligible medical expenses. A co-pay is recurring per visit, whereas a deductible is typically only charged annually.
Pet insurance is not tax-deductible unless the covered pet is a working, service, or emotional support animal. Average household pets that are owned based on personal preference are not eligible for any breaks on your tax returns.
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