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Top 10 Best Pet Insurance Companies

Best Pet Insurance Companies

There are lots of pet insurance companies that are available to you so that you can get the best coverage possible for your pet. However, with so many options out there, it can be tough to choose one. Want to make the right choice? We analyzed 10 of the best pet insurance companies below, so that you can make an informed decision and protect your beloved pet.


      • Coverage limits: $5,000, $8,000, $10,000, $15,000 or $30,000
      • Deductibles: $200, $300, $500, $750 or $1,000
      • Reimbursement: 70%, 80% or 90%

Embrace offers accident and illness coverage for pets up to the age of 15. After this age, you can still purchase coverage, but only for accidents. The waiting period for accident benefits is only two days, which is shorter than most competitors.

Embrace also offers the Healthy Pet Deductible Benefit, which credits you with $50 towards your deductible for each year you do not file a claim. This benefit could reduce your deductible to $0 after your pet has gone several years without getting sick or injured. 


      • High upper age limit for registration
      • Decreasing annual deductible
      • Covers the cost of a visit to the veterinary practice in the event of illness and accident
      • Has a 24/7 telehealth line for pets


      • Does not offer non-deductible or unlimited benefit options
      • Additional fees for registration and monthly payment

Pets Best

      • Coverage limits: $5,000 or unlimited
      • Deductibles: $50, $100, $200, $250, $500 or $1,000
      • Reimbursement: 70%, 80% or 90%

Pets Best combines great coverage with a great price. It offers accident and sickness policies and also sells several wellness plans to cover your pet’s routine care. Pets Best is one of the few insurers to cover prostheses and wheelchairs.


      • Covers pets as young as seven weeks with no upper age limit
      • Direct payment available
      • Multi-animal discount of 5% per animal
      • Has a 24/7 telehealth line for pets


      • Policy upgrades are not available until the renewal date
      • Bilateral exclusions apply


      • Coverage limits: $5,000, $10,000 or unlimited
      • Deductibles: Varies by pet age
      • Reimbursement: 70%, 80%, 90% or 100%

Figo is a pet insurance and technology provider. The company offers pet owners a 100% reimbursement option. It 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 misguidance. You have access to the Figo Pet Cloud, which helps you connect with other pet owners for activities like dog dates and find pet-friendly places.


      • Short waiting period of one day for accident coverage
      • No upper age limit for registration
      • Has a 24/7 telehealth line for pets


      • Exam fees not covered in the basic plan
      • Does not cover dental diseases


      • Coverage limits: $3,000, $4,000, $5,000, $7,000 or $10,000
      • Deductibles: $100, $250 or $500
      • Reimbursement: 70%, 80%, or 90%

The ASPCA covers dogs and cats. It is one of the best choices for homes with multiple pets, as it offers a 10% multiple pet discount, so for those with plenty of furry friends this may be the right choice for you. 


      • Exceptional coverage for hereditary and congenital diseases
      • No upper age limit for registration
      • Covers stem cell therapy and microchip
      • Multi-animal discount of 10% per pet
      • Has a 24/7 telehealth line for pets


      • Does not offer unlimited benefits
      • Wellness benefits subject to limits per treatment
      • Claims can take up to 30 days to process
      • Monthly payments incur transaction fees


      • Coverage limits: $2,500, $4,000, $5,000, $7,000, $10,000 or unlimited
      • Deductibles: $100, $250, $500, $750, $1,000
      • Reimbursement: 70%, 80%, or 90%

Spot Pet Insurance is for pet owners who want a low-cost accident insurance plan. Plus, Spot’s policies cover a few things like exam fees and microchip that are not offered by many other pet insurance providers.


      • Covers microchips for pets
      • Multi-animal discount of 10%
      • No upper-age limit
      • Has a 24/7 telehealth line for pets


      • The waiting period for accident coverage is 14 days; some high-level competitors only need 2-3 days
      • Above-average premiums for young pets


      • Coverage limits: $5,000, $10,000, $20,000, $50,000 or $100,000
      • Deductibles: $100, $250 or $500
      • Reimbursement: 70%, 80%, or 90%

Available in 36 states, Lemonade Pet Insurance is more affordable than many competitors. With the mobile app, you can manage your pet’s health, view your policy coverage, track billing, and file claims.


      • Fast claim handling via the mobile app
      • Multiple discounts and a single annual payment
      • Part of the payments go to charities related to pets


      • Must submit medical records for the past 12 months with review
      • Rates partially based on credit score
      • No 24/7 telehealth line for animals
      • Veterinary examination fee coverage must be added at an additional cost, compared to top competitors which include examination fees


      • Coverage limits: Unlimited
      • Deductibles: $250 
      • Reimbursement: 50%, 70% or 90% 

Nationwide’s Pet Rx Express offers policyholders preferential prices on pet prescriptions at Walmart and Sam’s Club, and the prescription request can be processed over the pharmacy counter.


      • Has a 24/7 telehealth line for pets
      • 5% multi-pet discount (Nationwide customers get another 5% discount when buying a pet plan)
      • Covers exotic animals, including birds


      • No coverage for end-of-life expenses
      • Age limit above registration
      • Limits the amount of reimbursement for common procedures and conditions


      • Coverage limits: Unlimited
      • Deductibles: $0 to $1,000 (pet owner choice)
      • Reimbursement: 90%

Trupanion offers a unique insurance plan for cats and dogs. Although its premiums are among the highest, its coverage is exceptionally generous.


      • Direct payments to vets
      • No payment limit for benefits (per incident, monthly or lifetime)
      • Registration available in the United States, Puerto Rico, Canada and Australia


      • High premium rates
      • No discounts for multiple animals

Prudent Pet

      • Coverage limits: $10,000 or unlimited
      • Deductibles: $100, $250, $500 or $1,000 
      • Reimbursement: 70%, 80% or 90%

Prudent Pet is a great choice for pet parents who want to get the most out of their pet’s policy with a few extra coverages included in their plan. Prudent Pet offers coverage for advertising and reward expenses when you lose your pet, mortality fees and boarding kennel fees with its Ultimate Plan.


      • Multi-animal discount of 10%
      • Has a 24/7 telehealth line for pets


      • No possibility of paying the vet directly

Healthy Paws

      • Coverage limits: Unlimited
      • Deductibles: $250 or $500
      • Reimbursement: 70% or 80%

Healthy Paws offers a single accident and illness insurance policy for cats and dogs. Its monthly premiums for unlimited coverage are more affordable than many other competitors. As coverage options and reimbursement rates are more limited for older pets, Healthy Paws is best for pets enrolled when they are young.


      • No limit per incident, annual or lifetime
      • Fast handling of claims
      • Covers alternative therapies for diagnosed diseases


      • Only one policy offered
      • Limited coverage options for older pets
      • Office exams are not covered

How to Choose the Best Pet Insurance Company for you

Choosing a pet insurance policy is no easy task, especially if you are just figuring things out. Here is what you need to consider:

      • Customer Satisfaction: To get a feel for customer service and claims handling in each company, use a combination of online reviews from pet owners on different review sites, posts in pet forums and comments from people you know.
      • Financial Strength: When you buy any type of insurance policy, you trust the provider to pay claims on time and in full. There is always a risk that the business may not be willing or able to honor a claim. In general, insurance companies that have been in business longer have a better chance of continuing to operate in the long term. Several agencies assess the financial strength of insurers.
      • Compare Rates: Check the cost and compare pet insurance quotes from many companies.
      • Evaluate the Product Selection: Most companies offer a whole range of plans. Look at what each company offers to find what works best for you.
      • Budget: While pet insurance is a long-term investment, it’s still important to consider your current financial health. Make sure you can afford the policy you’re choosing.

It’s important to take time to review your options before deciding on a pet insurance policy to go for to make sure you choose the right company for your needs.

Featured Image: Megapixl

About the author: Stéphanie Bédard-Châteauneuf has over four years of experience writing financial content for various websites. Over the years, Stephanie has covered various industries, with a primary focus on consumer stocks, cannabis stocks, tech stocks, and personal finance. This stock lover likes to invest for the long-term. Stephanie has an MBA in finance.

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