Best Pet Insurance Companies of 2022

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Anyone who has ever taken a sick or injured pet to the vet knows how expensive veterinary care can be. It’s in those situations where having a financial safety net to fall back on can be most helpful. It’s also in those situations where you shouldn’t have to decide between the health of your pet and your family’s financial well-being.

As a relatively new form of insurance, the first policy issued in 1982, pet insurance is not as well understood as other types such as homeowners, renters, or life insurance. In our unbiased rating of the Best Pet Insurance Companies of 2022, we aim to help you choose the best insurance company for your pet and illuminate pet insurance by looking at what it does and doesn’t cover as well as what factors will affect the price of a policy for your pet.

U.S. News Pets
Michelle Barron / U.S. News & World Report

#1 Spot
#2 Lemonade
#3 Trupanion
#4 Embrace
#5 Pets Best
#6 Healthy Paws
#7 Nationwide
#8 ASPCA Pet Health Insurance
#9 Figo
#10 Fetch by The Dodo

Spot  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • Option for unlimited coverage

  • Exam fee reimbursement for covered conditions

  • Both accident and illness and accident-only policies available

Cons:

  • Claims forms need to be filled out and submitted online

  • Only covers cats and dogs

Spot: Spot Pet Insurance offers two types of policies for cats and dogs, one only for accidents and another that provides coverage for both accidents and illnesses. These policies come with annual deductibles that must be met before you will be reimbursed for expenses. Annual coverage limits also apply, although, when building your policy, you will have the option to select unlimited annual coverage. Another plus is that exam fees for select conditions are covered by Spot’s policies. This is an additional charge with some of the providers in our ratings.

A potential downside is that when submitting claims you will need to fill out claims forms. There are other companies in our rating where you can just take a snapshot of your paid invoice and submit it through a mobile app.

Policies sold by Spot are issued by the Crum & Forster Insurance Agency and underwritten by the United States Fire Insurance Company.

Read more in our Spot review.

Lemonade  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • Cheapest pet insurance company in our rating

  • Three wellness plans available

  • Offers several types of discounts

Cons:

  • Not available in 15 states

  • Only covers cats and dogs

Lemonade: Lemonade provides accident and illness pet insurance policies for cats and dogs. It also provides a number of options to add to its standard policies, including three different wellness plans and reimbursement for vet exams for covered conditions.

For our dog and cat sample policies, Lemonade is the least expensive company in our rating. Its two-day waiting period for accidents ties with Embrace as the shortest waiting period among companies in our rating.

One of the downsides for Lemonade is that it isn’t available everywhere. There are 15 states in which you cannot get its pet insurance policies.

Read more in our Lemonade review.

Trupanion  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • No coverage limits

  • Five-day waiting period for injuries

  • Covers breed-specific and congenital conditions

Cons:

  • 30-day waiting period for illnesses

  • Only insures cats and dogs

  • No coverage for exam fees

Trupanion: Trupanion provides accident and illness coverage for cats and dogs. This plan includes coverage for congenital and breed-specific conditions as long as no symptoms were present either before the coverage began or during the policy’s waiting period. Trupanion’s five-day waiting period for accidents is shorter than most of the other companies in our rating, but its 30-day waiting period for illnesses is twice as long.

One of Trupanion’s standout features is its lack of coverage limits. This means that for covered conditions you won’t have to worry about hitting any sort of limit for expensive care. A downside is that Trupanion doesn’t reimburse veterinary exam fees, even for covered conditions.

Trupanion’s policies are underwritten by the American Pet Insurance Company (APIC).

Read more in our Trupanion review.

Embrace  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • Two-day waiting period for accidents

  • Decreasing deductibles

  • No claims forms when filing with its mobile app

Cons:

  • Only covers cats and dogs

  • Six-month waiting period for orthopedic coverage

Embrace: Embrace’s policies provide coverage for accidents and illnesses for cats and dogs. The company also offers an extra-cost option called Wellness Rewards that provides up to $650 in reimbursements for preventive care, including dental cleaning, nail trimming, and vaccinations. The Wellness Rewards plan isn’t an insurance policy or rider. Rather, Embrace refers to it as a “budgeting tool”.

Its two-day waiting period for accidents ties with Lemonade as the shortest waiting period of all the companies in our rating. On the other hand, there is a six-month waiting period for orthopedic issues before you would receive coverage.

If you’re concerned about having to fill out paperwork when filing claims then you might be interested to learn that if you use Embrace’s mobile app to file claims you won’t have to fill out any forms. Also, the company will lower your deductible for each year you don’t submit a claim.

Policies sold by Embrace are underwritten by Cincinnati’s American Modern Insurance Group.

Read more in our Embrace review.

Pets Best  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • Three-day waiting period for accident coverage

  • Routine care coverage available

  • No forms when claims filed with mobile app

Cons:

  • Pre-existing conditions not covered

  • Six-month waiting period for cruciate ligament coverage

  • Only covers cats and dogs

Pets Best: Pets Best offers an accident-only policy as well as a policy that covers both accidents and illnesses. The accidents and illnesses policy comes in three different levels, with the most expensive adding coverage for veterinary exams, rebab, acupuncture, and chiropractic care. There is also a separate option to add coverage for routine or preventative care, including teeth cleaning and wellness exams.

The company’s three-day waiting period for accident coverage is among the shortest for companies in our review. The six-month waiting period for cruciate ligament coverage is on the longer side for companies in our rating. As with most companies in our rating, pre-existing conditions aren’t covered.

If you use the company’s mobile app to file your claims, you won’t have to fill out any forms.

Pets Best administers the policies it sells, and they are underwritten by the American Pet Insurance Company (APIC).

Read more in our Pets Best review.

Healthy Paws  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • No annual, per-condition, or lifetime coverage limits

  • No claims forms when you use the company’s website or app

Cons:

  • No discounts for enrolling multiple pets

  • Only offers coverage for cats and dogs

  • No wellness coverage available

Healthy Paws: Healthy Paws provides pet insurance policies for cats and dogs that cover accidents and illnesses. There is no coverage available for wellness or preventative care. Like Trupanion, policies from Healthy Paws don’t come with any sort of coverage limits.

While there are many ways to file a claim with Healthy Paws, if you use its website or mobile app, there won’t be any claim forms to fill out. On the downside, if you want to enroll multiple pets with Healthy Paws, you won’t be able to take advantage of any multi-pet discounts.

Healthy Paws sells policies underwritten and issued by The Chubb Group.

Read more in our Healthy Paws review.

Nationwide  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • Offers policies for birds, reptiles, and small mammals

  • Has a separate policy for pet wellness coverage

  • Some pre-existing conditions may not be permanently excluded

Cons:

  • One of the more expensive companies in our rating

  • Has a maximum enrollment age of 10 years

Nationwide: Nationwide offers accident and illness policies for cats and dogs, as well as a policy for wellness coverage. It also offers a Bird & Exotic Pet Insurance policy which provides accident and illness coverage for birds, reptiles, potbellied pigs, goats, and small mammals, like ferrets, rabbits, rats, and guinea pigs.

While all companies in our rating exclude pre-existing conditions, few offer exceptions like Nationwide does. If your pet’s condition is considered cured and hasn’t shown symptoms in six months it may become eligible for coverage again.

Policies for cats and dogs have a maximum age limit of 10 years for enrollment in one of Nationwide’s policies.

Its Whole Pet policy is among the most expensive in our rating for our sample policies. Part of the reason for this is that its $10,000 annual coverage limit is higher than our standard archetype.

Read more in our Nationwide review.

ASPCA Pet Health Insurance  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • Policies include coverage for rehabilitation and hydrotherapy

  • Offers policies for horses

  • Optional preventative-care coverage

Cons:

  • Claims may take up to 30 days

ASPCA Pet Health Insurance: ASPCA Pet Health Insurance provides accident and illness coverage for cats and dogs, and unique among the companies in our ratings, it also offers coverage for horses. Its policies for cats and dogs include coverage for what it calls alternative therapies, which include rehabilitative therapy, hydrotherapy, chiropractic treatment, and low-level laser therapy, among others. There is also the option of adding a rider to cover preventative care.

Claims for reimbursement may take up to 30 days to process.

ASPCA Pet Health Insurance licenses its name from the American Society for the Prevention of Cruelty to Animals (ASPCA) and is not affiliated with it. Its policies are underwritten by the United States Fire Insurance Company and administered by a Crum & Forster subsidiary.

Figo  »

Any rates listed are for illustrative purposes only. You should contact the insurance company or insurance agent directly for applicable quotes.

Pros:

  • Vet exam fees for covered conditions are reimbursed

  • Multiple discounts available

  • Policies include coverage for physical and behavioral therapy

Cons:

  • No wellness coverage options

  • Annual wellness visit required to renew policy

  • Only covers cats and dogs

Fetch by The Dodo: Fetch by The Dodo provides accident and illness policies for cats and dogs. These policies include both behavioral and physical therapy and vet exams for covered conditions, but there are no options for wellness or preventative-care coverage.

There are several discounts available, including for members of AARP, active-duty and military veterans, as well as veterinarians and their employees. There are also discounts for going claims-free and for adopting a pet from either a shelter or rescue organization. You should be aware that to renew your policy your pet will be required to take an annual wellness exam.

Policies sold by Fetch by The Dodo are underwritten by XL Specialty Insurance Company and AXIS Insurance Company and administered by Fetch.

Read more in our Fetch by The Dodo review.

There are a lot of factors to consider as you shop for pet health insurance. The steps below can help you find the right company and policy for you and your pet.

Decide what type of policy you need. Pet owners can typically choose between three types of policies:

  • Accident and illness insurance: covers treatment of broken bones, swallowed objects, cancer, urinary tract infections (UTIs), ear infections, etc.
  • Wellness insurance: covers routine care, such as vaccinations, exams, spaying and neutering, and nail trims
  • Exotic pet insurance: designed for pets other than cats or dogs, such as hamsters, rabbits, geckos, and snakes

Determine what is (or isn’t) covered under the policy. Closely examine which conditions, diagnostic tests, and treatments are covered for your pet and identify any limits, exclusions, or age-specific restrictions. If you own a breed of pet that is prone to hereditary or congenital conditions, such as hip dysplasia or asthma, verify that the policy will provide coverage for treatment. Keep in mind that insurers generally don’t cover pre-existing conditions.

Choose a deductible. Like human health insurance, pet insurance policies include deductibles, or the amount of money you pay before the insurance company will begin to cover expenses.

In general, the companies in our rating offer two types of deductibles:

  • Annual deductibles are similar to those found in human health insurance policies. Each year, you’re responsible for paying a set amount of money (e.g., $500) for covered care, regardless of what type. After you meet your deductible, the insurer will pay any additional costs within the coverage limits.
  • Per-condition deductibles refer to a set of deductibles that are specific to different conditions. For instance, a policy may include a separate deductible for arthritis, heart disease, cancer, and liver disease.

If your pet needs to visit the vet multiple times a year, and each visit is for a different injury or illness, an annual deductible may be less expensive. If your pet develops an illness or issue requiring consistent care or multiple visits but doesn’t have other issues, a per-condition deductible may be more affordable. There are pros and cons to both deductibles, but neither is inherently better than the other.
Choose a reimbursement rate. Reimbursement rates refer to the percentage of costs an insurer will reimburse. Reimbursement rates vary by insurer, but common rates range from 60% to 100% of your veterinary bill.

Determine what limits are available. Limits refer to the total amount of money an insurer will pay for covered expenses (e.g., $10,000 a year). Some insurers don’t cap payments, but others have annual limits. If a policy has an annual limit, your insurer will only cover expenses up to that amount. You’ll need to cover any additional costs until the next policy year.

Find out if you can customize your premiums. Some insurers allow policyholders to customize their premiums by adjusting one or more aspects of their policy. Though each insurer is different, you may be able to adjust your deductible, reimbursement rate (percentage of costs an insurer will cover), or policy limits to build a premium that fits your budget or veterinary care needs. Decreasing your payout limits and the rate of reimbursement will typically lower your premiums. You can also lower your premiums by raising your deductible. However, keep in mind that each adjustment may result in more out-of-pocket expenses should your pet need frequent or costly care.

Check for discounts. Some insurers will offer discounts that can bring down coverage costs. Discounts vary in availability and type but may include annual pay discounts, multi-pet discounts, military discounts, and employee benefit discounts.

As you shop for a pet health insurance policy, there are a few other factors that can help you make your decision. Most companies in our rating offer several customer service options, including email, phone, and online chat support as well as mobile app access. Reviewing customer service and support options can help you find an insurer that meets your policy management and claims handling preferences.

It’s also worth considering any add-on or additional coverage you may want. Some of the companies in our rating offer wellness or alternative care plans that cover things like hydrotherapy, acupuncture, and chiropractic care. When all else is equal, reviewing customer support and supplemental coverage options can help you make your decision.

  1. Select a pet insurance company.
  2. Fill out a form for a quote.
  3. Schedule a visit with your vet or request they send in your pet’s medical records.

Once you’ve chosen a pet insurance company that suits your needs, you can fill out a form on the company’s website to request a quote. You will usually be asked your pet’s name, whether they’re a cat or dog, their breed, their age, where you live, and broad questions about whether they have any preexisting conditions.
After you’ve received the quote you will likely be asked more specific questions about your pet’s medical history. You will also be asked to select a plan, where applicable, and make decisions about your deductible, payout limits, and reimbursement rates.

At some point in the process, the company will likely either request you schedule an exam with your vet or that your vet submit your pet’s medical history. Some companies will wait until you file your first claim before requesting your pet’s medical records. If your pet has any pre-existing conditions, whether officially diagnosed by the vet or not, those conditions will generally be excluded from your coverage.

Pet insurance is designed to provide coverage for your pets. It is similar to other types of insurance in that there are deductibles and exclusions that it doesn’t cover. With most pet insurance companies in our rating, you pay your vet for their services and then submit a claim to your insurance provider which will then evaluate the claim to see if it meets the requirements of your policy. Once your claim has been approved, the insurer will then reimburse you according to the specifications of your policy.

For example, if your policy has a 90% reimbursement rate and you’ve already met your deductible, your insurer would pay you 90% of the amount you paid the vet, as long as you’re still below the coverage limits of your policy.

Types of Pet Insurance

  • Accident and Illness Insurance: These policies cover your pet in the case that they are injured or fall ill.
  • Wellness Insurance: Wellness policies generally cover more routine issues like exams, vaccinations, spaying and neutering, and nail trims.
  • Exotic Pet Insurance: This type of insurance covers pets that aren’t cats or dogs. Very few companies offer this type of insurance.

Most pet insurance policies are for when your pet is injured or becomes ill. Sometimes this will be split into separate accident or illness plans.
Wellness policies, plans, and riders are rare. Some companies, like ASPCA and Pets Best, offer routine care or preventative care riders, while companies like Nationwide offer separate wellness insurance policies. One thing to look out for is that some companies, like Embrace, offer a wellness rewards plan. These are not necessarily insurance policies or riders but are designed to cover things like check-ups and other preventative care up to a certain amount each year.

When researching different companies with wellness add-ons, look to see whether the wellness plans are a type of insurance policy or not.

The third type of insurance is designed to cover pets that aren’t cats and dogs, such as birds, reptiles, and small animals. Only one company in our rating, Nationwide, offers such a policy. Its Avian & Exotic Pet policy covers accidents, illnesses, and some preventative care such as exams. While it doesn’t offer an exotic pet plan per se, ASPCA Pet Health Insurance does offer plans that cover horses.

Pet Insurance Plan Availability

COMPANY

ACCIDENT & ILLNESS PLAN

ACCIDENT ONLY PLAN

WELLNESS RIDER

WELLNESS PLAN

Spot »

✔️✔️✔️
Lemonade »

✔️✔️
Trupanion »

✔️
Embrace »

✔️✔️✔️
Pets Best »

✔️✔️✔️
Healthy Paws »

✔️
Nationwide »

✔️✔️✔️✔️
ASPCA Pet Health Insurance »

✔️✔️✔️
Figo »

✔️
Fetch by The Dodo »

✔️

What does pet insurance cover?

What pet insurance covers will depend on your specific policy. In general, an accident and illness policy will cover treatment related to injuries or illnesses that happen to your pet. For example, if your pet breaks a leg, an accident or illness policy might cover the cost of x-rays, setting the bone, cast, and possibly even the veterinary exam fee. Some policies also cover medications, behavioral therapy, or rehabilitation therapy after a covered event.

What doesn’t pet insurance cover?

A pet insurance policy won’t cover anything it lists as an exclusion. A typical accident and illness policy won’t cover routine care, like annual exams, vaccinations, or teeth cleaning. Another item commonly excluded is pre-existing conditions.

A pre-existing condition doesn’t have to be officially diagnosed by your vet in order to be excluded. As long as symptoms were present during the waiting period or before the start of the policy, it will be considered a pre-existing condition and will not be covered.

How much does pet insurance cost?

Based on our sample policies, pet insurance for dogs costs between $20 and $70 per month. For cats, the cost is between $11 and $30 per month.

Our sample policies were based on a 1-year-old female mixed-breed dog and an under one-year-old male domestic shorthair cat, respectively, in excellent health residing in Texas, with a $500 annual deductible, $5,000 annual benefit limit, and 90% reimbursement rate.

Premiums will vary based on you whether you have a cat or dog, your pet’s age, health, and location.

Factors specific to your policy will also affect the cost. Some examples include the following:

  • Coverage limits
  • Reimbursement rate
  • Deductible
  • Any options you may have added
  • Type of policy

Is pet insurance worth it?

The value of pet insurance is largely based on your expectations. If your pet is currently undergoing treatment for a chronic condition and you would like help with the cost of the treatment, you will likely be disappointed as no company or agency in our rating covers pre-existing conditions.

But, if you understand your policy and what it does and doesn’t cover and have a policy that fits your budget and needs, you are far more likely to consider the policy worth it.

You may also have years where you don’t have to take your pet to the vet for anything other than an annual check-up and vaccinations, but if your pet suffers an accident or becomes seriously ill, that is when you may consider pet insurance worth the expense.

Read our guide to whether pet insurance is worth it for more information.

Do pet insurance plans only cover cats and dogs?

No, in our rating we have two companies that offer insurance policies for more animals than just cats and dogs. Nationwide offers a policy for birds and other exotic pets while ASPCA Pet Health Insurance offers plans that cover horses.

Do pet insurance plans offer discounts?

Yes, many pet insurance companies offer discounts. To help make policies more budget-friendly, many companies offer discounts when you insure multiple pets. There are also some discounts for veterans, active members of the military, and people who work in jobs related to animal care.

Pet Insurance Discount Comparison

COMPANY

MULTIPLE PET DISCOUNT

MILITARY DISCOUNT *

ASSISTANCE PET DISCOUNT

ANIMAL-CARE WORKERS DISCOUNT **

LEARN MORE

Spot »

✔️Get A Quote »
Lemonade »

✔️Get A Quote »
Trupanion »

✔️Get A Quote »
Embrace »

✔️✔️Get A Quote »
Healthy Paws »

Get A Quote »

Does pet insurance cover dental?

Accident and illness insurance policies for pets typically will cover procedures including extraction and reconstruction for dental injuries due to trauma. However, preventative care, like teeth cleaning, is not covered. Some insurers, such as Pets Best, do offer optional wellness coverage to defray the cost of routine dental and other procedures. Others, including Healthy Paws, do not.

Does pet insurance cover spaying and neutering?

Procedures such as spaying or neutering are considered preventative care and, as a result, are not covered by pet insurance accident and illness policies. Some pet insurance companies, such as Pets Best, offer wellness add-ons that can offset the cost of spaying or neutering your dog or cat. Check the fine print, however, because wellness coverage from some providers like Nationwide doesn’t include dental cleanings.

Does pet insurance cover pre-existing conditions?

In general, pet insurers do not cover any injury, illness, or other health conditions that exist at the time of enrollment or during the mandatory waiting period that follows. This includes pre-existing health conditions not formally diagnosed by a veterinarian. Healthy Paws and some other insurers also include what’s known as a bilateral exclusion. This means that if your pet has sustained a cruciate ligament injury to one leg prior to enrollment or during the waiting period, the corresponding leg would not be covered should a similar injury occur.

Although insurers don’t cover pre-existing conditions, most will provide future coverage for those that are considered “curable” conditions. Nationwide, for example, will cover new cruciate ligament or meniscus injuries after the first 12 months of coverage.

Do pet insurance companies have networks?

Pet insurance companies generally don’t have networks. While Trupanion does partner with some vets to provide instant reimbursement on its policies, you can still use this insurance with other vets.

How do you file a pet insurance claim?

With most pet insurance providers, to file a claim you will fill out a claim form on the company’s website, in its app, or by printing it out and mailing it. You typically submit an invoice from your vet with your claim.

What is a pet savings account?

A pet savings account is a type of supplemental savings account dedicated to saving up money for expenses related to your pet.

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