Pet Insurance Explained: The Best Pet Insurance Companies

You love your pets. They can be like another member of your family. And just like family, you’ll want to make sure they are taken care of well. What will happen if there is an unexpected illness or accident? If treatment costs are too high, it can force you to make hard decisions. Pets can have insurance just like humans. Depending on the policy, they can cover up to 90% of veterinarian expenses. They will make your surprise vet bills less of a financial burden.

Discovering pet insurance for United States residents can be a challenge. Many companies offer policies, and most of these have significant coverage differences.

Types of Pet Insurance

Comprehensive coverage: This policy covers accidents, illness, medical tests, surgeries, and some wellness expenses like regular checkups and vaccinations. These types of plans cover the most and have higher associated costs.

Accident and illness coverage: Policies like these only cover accidents and illnesses. They won’t cover the cost of checkups, preventive medications, flea and tick prevention, or vaccinations.

Accident-only coverage: This type of coverage will only apply to accident-related medical expenses. An accident-only coverage will not cover any treatment related to the cost of illness or preventive care.

Pet wellness coverage: These plans cover expenses related to routine checkups, flea, heart-worm prevention, and vaccinations. These policies are often available as additions to more common coverages such as accident and illness coverage.

How Does Pet Insurance Pay?

Most pet insurance companies pay by reimbursing veterinary costs. That means you will need to pay the total amount out of pocket. Later the insurance company will send you a reimbursement check, which can be a problem if the bill is too large. 

You’ll still have to pay the total cost and wait for your insurance company to reimburse you. If this takes longer than you expect, or the claim is not accepted, it may put you in financial difficulty. A few plans will pay veterinarians directly, avoiding out-of-pocket costs. When doing your pet insurance search, ask if this is this is available.

Pet Insurance and Preexisting Conditions

Just like humans, pets can have preexisting conditions. If a pet insurance company decides that a particular situation is preexisting, they may not pay medical bills resulting from this condition. Make sure you understand how your pet insurance company determines preexisting conditions and how policy changes in the future can affect coverage.

Long-term Pet Insurance

Many insurance policies can increase in cost as your pet ages. Make sure you understand how your expenses will change over your animal’s life. Like humans, pets often need more expensive medical treatment as they age. Make sure you know your pet insurer’s price structure. Avoid being surprised by larger monthly payments as your companion grows older.

Pet Insurance Companies

Many companies offer pet insurance. Their policies and fees will vary. Make sure you are dealing with a reputable provider. Some major insurance companies will offer pet insurance and their significant policies. You may find that your homeowner’s insurance comes combined with pet insurance from the same company! If this is available, it may save you money.

Are you deciding on the best pest insurance policy for you? There are many different companies to choose from around. Some are budget-friendly but have a high deductible to full coverage and low deductible. Let’s look at some companies and how their insurance products measure up!


Most common medical conditions can be treated at limited to moderate expense. But they can also develop long-term conditions that need special care and expensive medications. If your animal needs costly or long-term medical treatment, Nationwide has unlimited coverage plans which don’t cap reimbursement payments. Many insurers have plans with annual caps. These can seem like a good deal until a severe medical problem strikes.

High-quality pet medical care is more available than ever, but this can come at a steep cost. Some pet owners can be shocked to learn how much long-term medical care and treatment will cost. With an unlimited pet insurance plan from Nationwide, you will have less worry about being able to afford expensive medical bills. Protect your fuzzy friend with an unlimited insurance plan from Nationwide. For more information, check out their website.

Website: Nationwide Website


Unexpected pet medical conditions are stressful, but they can also throw your household budget into chaos. Though not available in every state in the US, ManyPets has great insurance plans which can reimburse up to 100% of your Pet’s medical expenses! While ManyPets offers lower reimbursement plans, they are a company that can cover all of their medical expenses.

That isn’t to say that their coverage is perfect for every type of creature. There are some things they don’t cover or include, such as costs related to pet behavioral therapy, and they don’t have a 24/7 pet telehealth line. If these are things you expect from a pet insurer, it’s a good idea to shop around and find a company that offers a better fit plan. To get more information about ManyPets, visit their website.

Website: ManyPets Website


Embrace has many plans with different annual caps, reimbursement amounts, and deductibles. Whatever your needs or budget, Embrace will likely have coverage that’s a perfect fit for your animals’ needs. What if your companion only needs occasional coverage from an unexpected illness or accident? Embrace offers a “diminishing deductible” that reduces your deductible by $50 every year without a claim. This price is excellent news for people with healthy pets who don’t have frequent, expensive veterinary bills. Embrace also covers veterinary office visit fees for illness and accidents.

They don’t just take care of your Pet after a medical situation. Embrace also has an optional pet wellness plan available. Illness prevention is just as important for pets as it is for humans. A pet wellness plan can help form a strong foundation for your Pet’s future health. For more information about Embrace and its range of great coverage plans.

Website: Embrace Website


If your pet is in an unfortunate accident, bills can start coming in quickly. Figo offers a short one-day waiting period for accident coverage. If your companion’s injuries are serious, Figo’s quick turnaround can make handling surprise medical bills less stressful. Figo also offers reimbursement plans that cover up to 100% of your Pet’s medical expenses. Combine this with choices of unlimited annual coverage amounts, and you have a valuable insurance choice that can give pet owners peace of mind knowing there covered.

Figo can be a great insurance option, but they don’t cover everything. Dental illness is an example of something not covered in their plans. They only cover prescription food for special conditions like bladder stones or crystals. Additionally, there is a six-month waiting period for knee injury coverage. Decide on the coverage you need and see if Figo’s plans are a good fit for you. For more information about Figo’s plans.

Website: Figo Website


Most known for its efforts to prevent animal cruelty, ASPCA also offers a pet insurance plan through Crum and Forster. A range of plans and deductibles to fit almost any budget is available, but the maximum annual coverage is only $10,000. If you’re satisfied with this amount, their insurance plans may be a good fit. A critical feature of ASPCA’s insurance plans is no waiting period for cruciate ligament issues or certain other conditions. Some pet medical problems can’t wait, and quick treatment can be critical for the best chance of recovery. If your animal has a medical issue covered by ASPCA’s no waiting period coverage, it could help your furry friend get the immediate care they need.

Are you concerned about your friend getting lost? ASPCA also has a multiple pet discount of 10%. If you have more than one animal that needs coverage, this can help save you money. They also cover animal microchipping. This helps if your dog or cat gets lost and loses their collar, an embedded microchip can help identify them. To learn more about ASPCA’s pet insurance plans, check out their website.

Website: ASPCA Website

Prudent Pet

Think you might need more than a standard pet insurance policy? Prudent Pet has extras that can help you in niche circumstances. They have the choice of unlimited annual coverage, a range of reimbursement amounts, and deductibles from $100 to $1000. But what happens if you become hospitalized? Prudent Pet can cover pet boarding fees while you are in the hospital! If your cuddly pal is lost or stolen, they can even cover advertising fees and the cost of offering a reward.

The biggest downside to Prudent Pet’s coverage is no option for paying the vet directly. Prudent Pet’s plans are priced on reimbursement only. You will need to pay medical costs out of pocket and then wait for your insurance plan to reimburse you. To see Prudent Pet’s plans and decide if they have one that is right for you.

Website: PrudentPet Website

Pets Best

Pets Best may be the ideal pet insurance choice for people who need to plan for possible medical expenses with a great range of plans with low prices. Many options for deductibles are available, from $50 to $1000. Unlimited maximum annual coverage is available to give you peace of mind in the event of large, unexpected veterinary bills.

If your veterinarian agrees, Pets Best can pay them directly. This option is great to protect yourself from unexpected expenses where some plans will only reimburse you for medical costs. These plans require enough money to cover any expenses on hand. Pets Best’s ability to pay directly is a great feature and maybe a deciding reason to choose one of their plans. To see their plans and decide if one is the best for you.

Website: Pets Best Website


While missing some features compared to other insurers, Lemonade is an excellent low-cost choice for those needing basic insurance coverage for their pets. Lemonade insurance underwrites its own policies and donates some proceeds to charity through its Lemonade GiveBack program. Customers can choose charities they would like to support, such as the American Red Cross or Teach for America, and Lemonade will donate up to 40% of their earnings after claims and expenses have been paid.

Lemonade can be an excellent choice for pet owners, but they do lack a 24/7 pet telehealth line. Another downside is a six-month waiting period for cruciate ligament injuries. This waiting period can mean that Lemonade is a better choice for puppies and kittens than for older animals who may be more likely to have cruciate injuries during this six-month waiting period. While Lemonade’s basic coverage may not be as complete as some competitors’, they offer add-ons that include other popular coverage types. If you want preventive or wellness packages, these are easily available as add-ons.

Website: Lemonade Website


Spot Pet Insurance offers robust and customizable plans which can fit a range of needs and budgets. Deductibles as low as $100 are available, and they include a 24/7 pet telehealth line. A downside to Spot is their two-week waiting period for accidents. Many insurers only have 2 to 3-day waiting periods, making Spot’s longer wait unusual in the industry. But if you’re looking for highly customizable plans, it’s hard to beat Spot’s range of choices. Maximum annual limit, deductible, and reimbursement percentages can all be adjusted depending on the budget and desired level of coverage.

If you want complete preventive care coverage, Spot offers Gold and Platinum add-ons. Gold preventive care coverage will reimburse you up to $250 a year for such procedures like dental cleanings, wellness exams, vaccinations, fecal tests, and others. Platinum preventive care coverage will reimburse up to $450 a year for additional procedures like spaying/neutering, flea and heartworm prevention, blood tests, urinalysis, and health certificates. Spot offers the same plans and pricing offered by ASPCA but with different choices for deductibles and annual limits. If you like ASPCA’s plan but are looking for more flexible rates, Spot pet insurance could be a good alternative.

Website: Spot Website

Trusted Pals

Trusted Pals has competitive pricing and a wide range of choices for coverage level, deductible and reimbursement percentages. If you’ve been looking for $0 deductible, 100% reimbursement plans, then Trusted Pals is one of the few insurers who offer this type of coverage. Veterinarian fees for illness or accident are covered, and the waiting period for accident coverage is 14 days. Unfortunately, Trusted Pals has a 12-month waiting period for cruciate ligament injuries and hip dysplasia.

Trusted Pals offers comprehensive coverage which can reimburse you for expenses like surgery, medical tests, prescription medications, prescription food and supplements, and even behavioral training/therapy in some cases. If you need more comprehensive wellness protection, they have add-ons that cover annual wellness exams, vaccinations, flea and tick prevention, dental cleaning, and other common wellness procedures. Trusted Pals offers discounts for veterinary clinic workers, active military or veterans, first responders, and discounted coverage for service animals.

Website: Trusted Pals Website

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