Best Reviews TopConsumerReviews.com Best Pet Insurance Best Reviews
Best Reviews
      April 8, 2020

Home  >  Pet Insurance  >  Pet Premium vs Nationwide

Best

Pet Insurance

  1. Embrace
  2. Healthy Paws
  3. Figo
  4. PetPremium
  5. ASPCA
  6. Trupanion
  7. Petplan
  8. Pet Assure
  9. Nationwide
  10. Pet First
  11. 24 Pet Watch

Your Information Is Secure
The Perfect Handbook for Imperfect Dog Owners Newsletter

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Latest Reviews

Andropause

Auto Parts

Auto Warranties

Bad Credit Loans

Credit Monitoring

Home Gyms

Online Backup

Popcorn Clubs

Rowing Machines

Vehicle Inspections

 

Individual Reviews

Pets Best

Embrace

Healthy Paws

Figo

Pet Premium

ASPCA

Trupanion Pet Insurance

Petplan

Pet Assure

Nationwide

Pet First

24 Pet Watch

 

Related Articles

Can Pet Wellness Plans Replace Pet Insurance?

Should You Adopt a Pet with Special Needs?

Summer Safety Tips for Dogs

The Complete Guide to Adopting Your First Dog

Unusual Pets and How to Care For Them

What You Should Expect From Pet Insurance

What You Should Know Before Buying Pet Insurance

Why Has Pet Insurance Become So Popular?

Why Pet Insurance Is Easier Than You Think

Why Veterinarians Appreciate Pet Insurance

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Pet Premium vs Nationwide

Best Pet Insurance

To help you find the Best Pet Insurance, TopConsumerReviews.com provides you with an in-depth comparison of Pet Premium and Nationwide.

To see ALL of our reviews for the Best Pet Insurance, please Click Here

Who has the Best Pet Insurance? Medical care is rarely cheap - and the same goes for our four-legged friends. While pet owners are grateful for advances in technology and medicine that make it possible to keep their "fur kids" healthy, these procedures and prescriptions often come with a hefty price tag.

Without pet insurance, a simple blood test can cost well over $200. Even a standard yearly checkup can set you back by hundreds of dollars. How's your wallet feeling now? Chances are, you would do almost anything to take care of your beloved pet - but you might find yourself having to make difficult choices, especially if your dog or cat experiences a traumatic injury or life-threatening illness.

Continue reading below reviews

Best Reviews

2020

Pet Insurance Reviews

3.5 stars
Pet Premium

PET PREMIUM

Visit Site

Cost:

Plans starting at $8.46 for Accident-Only coverage

Plans starting at $9.91 for Total coverage

Pet Premium wants to be your top resource for pet protection, from insurance to helpful articles, and even to help you find your next furry mascot.

When it comes to pet insurance, Pet Premium has some pros and cons. For example, you're free to use any licensed veterinarian you like, but be aware that Pet Premium reimburses you based on a specified incident limit for the condition being treated, not for what you actually paid. In other words, if you have a world-renowned vet who charges more for her expertise, you probably won't be reimbursed for as much of the bill. That's not nearly as customer-friendly as pet insurance providers that pay out based on actual costs.

You'll choose between two types of coverage: Accident-Only and Total Coverage. Once you know which kind you want, you'll then be able to further customize your premiums according to the deductible, reimbursement level, and annual coverage limit. For our dog, a 7-year-old, mixed breed male, we were quoted $27.93/month for a plan that reimbursed 70% of each claim, with a deductible of $500 and an annual coverage limit of $2500. On the opposite end of the spectrum, we'd pay $104.02/month for a plan with no coverage limits, a $100 deductible, and a reimbursement level of 90%.

If you have a kitten or a puppy, you can expect to pay much less. We entered information for a 6-month-old kitten at the highest deductible, lowest coverage limit, and lowest reimbursement level and were quoted less than $10/month for the Total coverage plan.

One plus with this provider: Pet Premium's deductibles are annual, not per visit or per condition.

Unlike some pet insurance policies, Pet Premium's come with add-on coverage for preventative/wellness care. Your cost depends on your pet's details, but you can expect to find Basic, Standard and Prime options; for our dog, we would spend anywhere from $9.95 to $24.95 per month for that additional service. Depending on what your pet actually needs during a year (a health certificate? Urinalysis? Deworming?), the extra premiums may not be worth what you get, so check the details carefully.

How does Pet Premium's reputation compare with insurance providers with a longer history? Overall, you could say that it's "so far, so good". Even though they've only been in business since 2013, Pet Premium is accredited with the Better Business Bureau and had an "A+" rating at the time of our review. There are also hundreds of reviews on the Pet Premium site with ratings of 4- and 5-stars; it's worth noting, though, that most of those seem to be collected before the customers have had a reason to use their pet insurance plan.

We look forward to getting more feedback from Pet Premium clients in the future, to better establish how well the provider does on paying on claims, not just having an easy process for becoming a policyholder. Until then, they stay in the middle of the pack among pet insurance companies.

Visit Site
3 stars
Nationwide

NATIONWIDE

Visit Site

Cost:

Plans starting at $16.51/month

Unlimited annual maximum on all plans

Annual deductibles of $100 or $250

Plans available for birds and exotic pets

$2 monthly transaction fee if not paying annually

No enrollment fee

"Nationwide is on your side" - and that includes your pets. Originally selling pet insurance under the Veterinary Pet Insurance brand in 1982, their very first customer was the famous TV collie, Lassie. Since then, Nationwide has covered thousands of pets throughout the US - including birds and exotic animals.

There are a few things you'll notice right away that are different with Nationwide. First, when getting a quote, you'll only be offered two plans: Major Medical and Whole Pet with Wellness. Unlike most companies that let you customize plans based on annual deductibles, coverage limits, and reimbursement percentages, Nationwide reduces your decision-making to whether you want wellness coverage or not. The Whole Pet program reimburses at 90%, while the Major Medical pays based on standard costs, not actual. With both programs, you can use any veterinarian you like.

For a kitten, you can expect to pay $16.51/month for Major Medical - almost four times as much as the lowest-priced competitor plan - or $46.60/month for Whole Pet with Wellness. But, both plans have an unlimited annual maximum, and with $250 and $100 annual deductibles, respectively, those prices are well worth the investment. Even looking at an older, more expensive pet to cover - our 7-year-old dog - we were pleasantly surprised by the rates: $57.66/month for Major Medical and $102.95 for Whole Pet with Wellness.

You'll be asked for fairly detailed medical history/information on your pet when you apply, so be prepared to document any past conditions, diagnoses, or treatments. You'll also be asked to identify your veterinarian - but it's not a problem if yours isn't in the list. (Ours was, along with dozens of others in our area.)

If you're paying for your plan on a monthly basis, you should expect transaction fees of $2/month. Also, your first payment will automatically be for two months of coverage, and your policy won't go into effect until at least 14 days after you apply and make that payment.

Does Nationwide measure up when it comes to pay out on claims? As much as we wanted to love this company for having simple-to-understand pricing with such broad coverage, we were disappointed when we looked at what other people had to say. Their comments were almost entirely negative; in fact, it was hard to find a customer who said that they had no issues at all with their policy. Many people felt they'd gotten a bait-and-switch with conditions and procedures they were told would be covered but in the end were denied. We also found a significant number of complaints saying that unless you provide detailed medical documentation from your veterinarian, Nationwide will deny your claim; some customers never received the request for that paperwork and didn't realize it until their claims were rejected.

Nationwide has a strong reputation for being a quality provider of insurance, across a wide range of policy types. It is largely due to this reputation and to their comprehensive pricing and plans that we give them a three-star rating. However, we advise you to be cautious and thorough with providing your pet's medical history, preferably during the application process - and that you follow up to make sure Nationwide received it before you make a claim, if possible.

Visit Site

Continued from above

Just like their owners, pets can be protected with pet insurance plans that help ease the financial strain of medical care. Pet insurance has become very popular in the last few years, with dozens of companies offering to help you keep your pet healthy for a long time. But, every pet insurance plan is different with respect to deductibles and fees, covered services, and claims processing.

As you decide which pet insurance company is the best fit for you and your pet, keep in mind the following criteria:

  • Cost. What will you pay for your coverage? Is there a deductible, and is it annual or per incident? Will you pay any enrollment fees?
  • Coverage. What services and procedures are covered in the plan you have selected? Does it cover preventative measures like annual checkups? Are there any noteworthy exclusions? Does the company offer a variety of plans to meet your needs?
  • Reputation. Is the pet insurance provider rated by the Better Business Bureau? What do other customers say about their experience? Are claims paid quickly, or do you have to jump through a lot of hoops to file paperwork? Do many claims get denied? Are the company's customer service representatives knowledgeable and friendly?

TopConsumerReviews.com has reviewed and ranked the best Pet Insurance companies available today. We hope this information helps you find the best pet insurance plan for you and your animal companion!

Best Pet Insurance in Massachusetts (MA)

Pet health insurance in Massachusetts can cost just a handful of dollars each year. Here's what you need to know.

Published:  Wed, 01 Apr 2020 10:51:00 GMT



Peter Thiel-backed insurance startup Jetty lays off 40% of staff days after pausing the sale of all new policies

Jetty offers products including lease guarantees, security deposits, pet insurance, and renters insurance, leaving it on the hook to repay lost rent as unemployment surges due to the coronavirus ...

Published:  Mon, 06 Apr 2020 16:37:00 GMT



Pet Insurance Market Emerging Growth by Hollard, Nationwide, Pethealth, Petplan, Trupanion

Pet insurance market forecast report estimates that the U.S. pet insurance market will expand at a CAGR of 12% over 2019-2025. Ocean View, DE -- (SBWIRE) -- 04/06/2020 -- Pet adoption, having endorsed ...

Published:  Mon, 06 Apr 2020 19:07:00 GMT



Pet Market in the United States (2020 to 2021) - Mergers, Acquisitions, Investments and Restructuring

The "U.S. Pet Market Outlook, 2020-2021" report has been added to ResearchAndMarkets.com's offering. This report, an industry best-seller since 2010, is the go-to source for a complete understanding ...

Published:  Tue, 07 Apr 2020 03:46:00 GMT



Before You Adopt: Planning a Lifelong Commitment to Your Pet's Health

Ask yourself these questions and think about these issues before you adopt. Your life - and that of your new pet - will be better for it.

Published:  Tue, 31 Mar 2020 16:44:00 GMT



Lowcountry Parent Q&A: Should your family get a pet?

If anyone is ever struggling with costs though, and they need help, there are lots of resources available. Pet insurance is always a great option to keep medical costs lower, and organizations like ...

Published:  Tue, 31 Mar 2020 21:00:00 GMT



IoT Insurance Market 2020 Size, Share & Trends Analysis Report to 2025

New York, April 03, 2020: The scope of the report includes a detailed study of global and regional markets on IoT ...

Published:  Fri, 03 Apr 2020 00:26:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure