Our reviewers evaluate products and services based on unbiased research. Top Consumer Reviews may earn money when you click on a link. Learn more about our process.
Tuesday, March 28th
ASPCA offers customizable plans for your pet's needs and for your budget. They're reasonably priced and provide you with the option of making a claim through their app. The waiting time for reimbursement is 30 days, and rates go up as your pet ages. That keeps this pet insurance provider from earning our highest rating, but it's still a good all-around option.
If you want better than run-of-the-mill insurance for your fur baby, Figo has quite a lot of features and optional packages for you. People rave about the app and the 24/7 access to a vet for advice. Along with these wonderful features comes a matching price tag, which may be out of reach for many pet owners.
We love our fur babies and want to help them live as long and as healthy as possible. Pets take daily care, and they also require vet visits, whether for wellness, to update vaccinations, if they are ill or in an accident. Veterinarian bills can be expensive, so many owners have chosen pet insurance.
Pet insurance has only been around since 1982, so if you don't know much about it, that's understandable. Pet insurance can be similar to human health insurance where you can see a provider for wellness visits, illness, or accidents. There are in-office visits, telehealth, and 24/7 availability for answering questions.
However, you should be aware of some essential differences between human health insurance and pet insurance. The vet doesn't file a claim, like your own provider would. You pay the vet bill, submit the claim online or on your phone, and then you're reimbursed by the insurance company - the vet doesn't get involved. Wellness care can be an add-on rider to cover a routine exam, vaccinations, spay/neuter, teeth cleaning, and so on.
Although accidents are the most common to be covered, many companies don't cover illnesses such as diabetes, allergies, or infections. Younger pets may cost less to insure, but that will greatly increase as they age; and when they are elderly, the company may even drop the coverage, so be sure to ask about aging pets, even when your pet is young. You can choose your deductible, copay, max annual reimbursement, and optional add-ons. Find out what coverage they recommend for your breed, and ask about multiple-pet or other discounts.
More dogs have pet insurance than any other animal, and the rate for cats is about half that of dogs. Owners of indoor cats might think they don't need pet insurance, but older felines can have chronic or recurring conditions which might require costly care or frequent vet visits.
While you might not expect your pet to become ill or have an accident, those vet bills can be quite costly, especially if a procedure, surgery, or ongoing care is needed. Unless you're budgeting in anticipation of these, pet insurance could be quite the relief for when you need it. If you have an older pet or pet prone to certain conditions, prices can vary greatly between companies, so we suggest getting quotes from a couple of your favorite companies before you make your final decision. In addition, even if you are getting a puppy or kitten, ask about coverage and premiums as if they were older so you get a look into the future.
When choosing which pet insurance provider is right for you, here are a few things to consider:
TopConsumerReviews.com has reviewed the best pet insurance companies available today. We hope this information helps you to get the best pet insurance for your fur baby so they can be well cared for in a long, happy, and healthy life!
Select any 2 Pet Insurance Companies to compare them head to head
The Motley Fool on ...
Overinsured: How to Know if You Have Too Much Pet Insurance Coverage
Pet insurance can play a vital role in taking care of your pet. Pet owners can expect to spend $20,000 to $55,000 for a dog and $15,000 to $46,000 for a cat over 15 years of care. These amounts are ...
Fri, 24 Mar 2023
Diversity has been a big problem for life insurance, but companies ...
Lina Roby (she/her) is a Personal Finance Insurance editor at Insider. She covers pet, travel, auto, and other common insurance products. She is also a licensed property & casualty insurance agent.
Tue, 28 Mar 2023