Pet Insurance

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Pet Insurance

While no one likes to think about the financial implications of a pet becoming injured or getting sick, it is important to be prepared in such circumstances. Fortunately, one way to ensure monetary security within your household is to ensure that you have necessary pet insurance in place. This not only takes away any potential stress of being underprepared for unforeseen medical bills but also puts into perspective how relatively affordable such plans can be.  Furthermore, looking closely at the options available will enable you to find the best plan for you and your pet by examining variations in benefits, prices and other add-on services offered by competitors. 

Here are the top five veterinarian recommended pet insurance companies of 2023.

   

Embrace

 

Why we picked it:
This plan covers vet exam fees and access to a 24/7 pet health line.
The 6-month waiting period for orthopedic conditions can be
waived if your vet does an orthopedic exam after you purchase the policy.

 

Maximum annual coverage

Unlimited

Reimbursement choices

70%, 80%, 90%

Deductible Choices

$100

PROS
  • Covers the veterinarian office visit fee for illness and accidents
  • Comes with a “diminishing deductible” that reduces the deductible by $50 for every year you don’t have a claim paid
  • Waiting period of only 2 days for accident coverage
  • Optional wellness plan available
  • Has a 24/7 pet telehealth line
CONS
  • Does not have a range of options for annual coverage and deductibles
  • 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

Get a Quote Via Embrace's Secure Website

 

ManyPets

 

Why we picked it:
ManyPets offers some unique and valuable coverage features, such as reducing
the accident and illness waiting period to 24 hours if you switch over from
another pet insurance company. It also has very competitive pricing that
makes it worth a look if it’s available in your state.
 
Maximum Annual Coverage

Unlimited

Reimbursement choices

70%, 80%, 90%

Deductible choices

$100, $250, $500

PROS
  • Lowest prices for unlimited annual coverage among the companies we evaluated
  • ManyPets offers an unusual value proposition for new customers: Waiting periods for illness or accidents are 15 days but are reduced to only 24 hours if you’re switching over from another insurer
  • ManyPets is available in more than 40 states
  • Covers vet exam fees for illness and accident visits
  • Offers an optional wellness plan
CONS
  • No 24/7 pet telehealth line
  • Does not cover pet behavioral therapy, unlike many other plans
  • Does not cover alternative therapies, unlike many other plans

Get a Quote Via ManyPets'  Secure Website

 

Spot

 

Why we picked it:
Spot gives you lots of ways to adjust your benefits levels so that you can fit pet
insurance into your budget. Note that this is the same plan offered by ASPCA
but with different choices for annual limits and deductibles.

 

Maximum Annual Coverage

$2,500, $3,000, $4,000, $5,000, $7,000, $10,000, $15,000, $20,000, Unlimited

Reimbursement choices

70%, 80%, 90%

Deductible choices

$100, $250, $500, $750, $1,000

PROS
  • Low $100 deductible available
  • Covers the veterinarian office visit fee for illness and accidents
  • Covers pet microchips
  • Multipet discount of 10%
  • Optional wellness plan available
  • Has a 24/7 pet telehealth line
CONS
  • The waiting period for accident coverage is 14 days; some top competitors require only 1 or 2 days.

Get a Quote Via Spot's Secure Website

 

Pumpkin

 

Why We Picked It:
Pumpkin has a good selection of coverage options for a wide range of pet
problems and medical expenses, including vet exam fees, surgeries and
dental illnesses. There is no extended waiting period for problems such
as cruciate ligament issues or hip dysplasia.

 

Maximum annual coverage

$10,000, $20,000, Unlimited

Reimbursement choices

90%

Deductible choices

$100, $250, $500

PROS
  • Covers veterinarian exam fees for illnesses and accidents
  • Optional wellness coverage
  • No special waiting period for problems like knee injuries or hip dysplasia
  • Discounts for insuring multiple pets
  • 90% reimbursement level for dogs and cats age 8 weeks and older (including senior cats and dogs)
CONS
  • 14-day accident waiting period (some top competitors have only a 1- or 2-day waiting period)
  • No 24/7 pet healthline available
  • No accident-only plan available

Get a Quote Via Pumpkin's Secure Website

 

Figo

 

Why We Picked It:
Figo’s wide variety of options for coverage, reimbursement and deductible can
help you work within your budget. It has a short 1-day waiting period for accident coverage.

 

Maximum Annual Coverage

$5,000, $10,000, Unlimited 

Reimbursement Choices

70%, 80%, 90%, 100% 

Deductible Choices

$100, $250, $500, $750

PROS
  • Short 1-day waiting period for accident coverage
  • Offers a 100% reimbursement option
  • Has a 24/7 pet telehealth line
  • Routine wellness plans available
  • Offers an upgrade that covers special circumstances such as advertising and rewards for lost pets, vacation cancellation due to a pet emergency and loss of a pet due to theft or straying.
  • The Figo Pet Cloud helps you find pet-friendly places and connect with other pet owners for activities such as doggy play dates
CONS
  • Coverage for vet exam fees has to be added on for an extra cost
  • 6-month waiting period for orthopedic problems, but can be waived with if your vet signs an orthopedic conditions waiver within the first 30 days of the policy
  • Does not cover dental illnesses
  • Only covers prescription food if you purchase the Vet Exam Fees for Accident and Illness Visits powerup

Get a Quote Via Figo's Secure Website