Pets are special members of the family, so it’s important to provide them with the medical care they need to live a happy, healthy life.
Pet insurance policies can help cover the cost of everything from checkups to immunizations to emergency procedures.
To get the best pet health insurance, it’s important to choose a dependable company with the coverage you need.
We’ve done the research, providing you with a list of the top 10 best pet insurance companies.
Read on to determine which one is right for you and your furry friend.
The 10 Best Pet Insurance Plans of 2020
Here are the top 10 providers of the best pet insurance:
- Embrace: Best Emergency Care
- Healthy Paws: Best Unlimited Coverage
- Nationwide: Best for Exotic Animals
- Petplan: Best for Cats
- Figo: Best Online Experience
- PetFirst: Best for Older Pets
- Pets Best: Best Wellness Care
- ASPCA: Best for Multiple Policies
- PetPartners: Best Customization
- Progressive: Best Discounts
Best For: Emergency Care
A simple accident can lead to thousands of dollars of veterinary bills for lifesaving treatments and procedures.
Embrace steps up to the plate, offering unmatched emergency care with its comprehensive policy.
This policy includes protection for emergency care, tests, procedures, hospitalizations, prosthetics, prescriptions, and more. It also covers congenital and genetic diseases, as well as those associated with specific breeds.
Embrace’s premiums are affordable, and you get the perk of a diminishing deductible, where each year without a claim results in a $50 reduction of your deductible.
Last, Embrace is hailed for top-notch customer service and claims filing.
Learn More: Read our Embrace Pet Insurance Review.
Best For: Unlimited Coverage
With an “A+” from the Better Business Bureau and policies underwritten by the Chubb Group, Healthy Paws is a name you can trust for priceless lifelong coverage.
In addition to offering extensive coverage that only excludes pre-existing conditions, Healthy Paws stands out for having no caps on the amount it will pay out annually, per incident, or over the pet’s lifetime.
Healthy Paws has an annual premium with flexible deductibles and a reimbursement plan that’s based on the actual amount of your veterinary bill as opposed to a set figure.
Healthy Paws’ claim filing service is simple, giving policyholders the ability to file claims in the app for quick approval.
Learn More: Read our Healthy Paws Review.
Nationwide Pet Insurance
Best For: Exotic Animals
Nationwide holds the title of being the first company to offer pet insurance after covering Lassie in the early 80s.
Today it covers collies and exotic animals alike, which even the other best pet insurance companies fail to do.
Nationwide’s Avian and Exotic Pet Plan covers a long list of animals and several medical expenses.
Nationwide is also the largest pet health insurance company on the market, with the most to offer in terms of comprehensive coverage, whether you have an exotic pet or a dog or cat.
Though it’ll cost you more, the Whole Pet with Wellness Plan includes everything from routine items like vaccines, heartworm prevention, and checkups to critical care.
Nationwide’s claims filing process is pretty standard, and customers are generally happy with claims satisfaction.
Learn More: Read our Nationwide Pet Insurance Review.
Best For: Cat Pet Insurance
With an “A+” from the BBB and nearly 20 years of experience operating in the US, Petplan is another provider worth considering.
The pet insurance company’s policies cover conditions that are hereditary, congenital, or chronic, as well as accident-related care.
Like most carriers, it doesn’t cover routine care, so you’ll have to look elsewhere if you’re seeking comprehensive coverage.
Petplan is particularly advantageous for cat-owners. Their feline coverage is affordable and it stays in effect no matter how old your cat gets.
Petplan offers unlimited coverage, with flexible premiums and case-by-case deductibles, reimbursing approved claims based on the medical bill.
You can speed up the claims process, which could take 30 days by mail, by filling in the app.
Learn More: Read our Petplan Pet Insurance Review.
Best For: Online Experience
FIGO is hands-down the best option if you’re looking for a seamless digital experience and great online resources, evidenced in its 2020 award of Best Technology by Reviews.com.
Figo’s cloud-based service provides you with access to an A.I. claims filing assistant, 24/7 virtual access to a vet, appointment reminders, and easy paperless account management.
Figo gives you three types of coverage to choose from: Essential, Preferred, and Ultimate, all of which offer affordable protection. The Essential and Preferred plans cover the basics you might expect, like accidents, and illness. The Ultimate plan comes with unlimited coverage and a unique feature for locating missing pets.
Their deductibles are flexible and reimbursements are based on the bill, with the percentage you’re reimbursed being based on where you live and how old your pet is.
Learn More: Read our Figo Pet Insurance Review.
Best For: Older Pets
Next on our list of the best pet health insurance companies is PetFirst, another carrier rated “A+” by the BBB.
PetFirst is known for its acceptance of conditions often declined by other carriers, like hip dysplasia, with no waiting period.
They also offer competitively priced wellness plans for routine care that you can customize with optional services you’d like included in coverage.
PetFirst is the most valuable carrier for older pets, not only for its acceptance of conditions that often afflict aging pets, but also for its lack of age limits.
No matter how old your dog or cat is, they can be approved for coverage.
PetFirst’s annual benefits max out at $10,000. Deductibles can be as low as $50 if you’re willing to pay higher premiums, and you can get a discount for every year you don’t file any claims.
Learn More: Read our PetFirst Pet Insurance Review.
Best For: Wellness Care
Pets Best is another great option for young and old pets alike, with no age limits for dogs.
Regardless of your pet’s age, Pets Best offers superior preventative care, with a great wellness plan that covers a lot of routine expenses for maintaining your pet’s health.
Unlike other carriers, Pets Best even includes prescriptions and vaccination in its wellness coverage.
In addition to standard coverage for accidents, emergencies, and illness, their premium plans cover specialized care like rehabilitation and chiropractic treatments.
Unless you opt for the Elite plan, annual benefits top off at $5,000, with several deductible amounts to choose from.
Pets Best is known for quick claims processing, with an online submission option and direct deposits.
Learn More: Read our Pets Best Review.
ASPCA Pet Insurance
Best For: Multiple Policies
You’re probably familiar with ASPCA because of its popular commercials and efforts to confront animal abuse.
What you may not know is that ASPCA is also a top-tier pet insurance provider, in partnership with C&F Insurance Agency, Inc.
With ASPCA, you can choose between accident-only care and more comprehensive coverage that encompasses accidents, genetic conditions, illness-related care.
There’s also an optional add-on for preventative care. ASPCA offers three deductible options and may reimburse up to 90% of qualifying expenses.
If you have multiple pets to insure, ASPCA will benefit you the most. Once one pet is enrolled for coverage, you can get a 10% discount for additional pets.
ASPCA makes claim filing simple, letting you upload claims in the app, online, or via fax or mail.
Learn More: Read our ASPCA Pet Insurance Review.
Best For: Plan Customization
With an “A+” from the BBB and decades of providing quality pet insurance in the UK and later the United States, PetPartners is a strong contender.
It’s also the official insurer of the American Kennel Club.
PetPartners offers the standard coverage options you would expect from one of the best pet insurance companies, with accident and illness coverage, including hereditary conditions.
They stand out for their impressive lineup of additional coverages for routine care, based on a schedule of benefits. You can easily customize your policy, adding the wellness services your dog or cat will need most.
While PetPartners doesn’t have an annual limit, there is a $500 incident limit, something to be aware of.
Reimbursement ranges from 70-90%, based on the amount billed. PetPartners claims a 14-day window for claims processing, which must be completed via mail, email, or fax.
Learn More: Read our PetPartners Pet Insurance Review.
Progressive Pet Insurance
Best For: Discounts
Progressive is popular for its other lines of insurance, so it should come as no surprise that the company excels in the pet insurance niche as well.
In partnership with Pets Best, Progressive offers customizable coverage options, from a traditional accident and illness protection to the more affordable accident only care and wellness coverage.
You can choose a deductible amount between $50 and $1,000 and opt for either an annual cap of $5,000 or unlimited coverage.
You can also choose a reimbursement amount of either 70, 80, or 90%.
Progressive is a great option if you’re looking for a big-name provider, or if you’re looking to save with discounts.
If you get an easy online quote from Progressive, you’ll automatically receive a 5% discount on your pet’s accident and illness policy. You’ll get an additional 5% off if you enroll a second pet.
Learn More: Read our Progressive Pet Insurance Review.
How We Chose the Best Pet Insurance Companies
We looked at several factors to choose the best health insurance companies, including:
- Better Business Bureau ratings and reviews
- Reputation and financial strength
- Types of coverage, limitations, and exclusions
- Coverage caps, reimbursement, and deductibles
- Cost comparison
How Does Pet Insurance Work?
Pet insurance is pretty straightforward: you pay a monthly fee in exchange for a certain amount of protection for approved conditions and incidents.
The more you pay in premiums, the lower your deductible is, and vice versa. To file a claim with most companies, you submit your bill to the company to receive reimbursement.
What Do Pet Insurance Plans Cover?
Most pet insurance companies offer standard plans that cover accidents and illnesses, while others also have wellness coverage for routine care.
And some come with comprehensive plans which encompass all of the above services at an additional cost.
Many providers have restrictions in place for pre-existing conditions, and it’s common for insurers to enforce waiting periods for certain conditions.
Others are more accepting of chronic conditions and older pets, so it’s important to find a company that will work with your pet’s condition.
What Does Pet Insurance Cost?
How much you pay for pet insurance usually depends on the factors below:
- Type of pet: In general, dogs are more expensive than cats to ensure. Because of hereditary conditions and lifespans, some breeds are costlier than others, too.
- Age: Providers are likely to adjust rates based on your dog or cat’s age.
- Location: One of the first things providers will ask for is your zip code. The cost of insuring pets is usually higher in big cities.
- Coverage features: Policies that offer more protection and higher or unlimited annual caps are generally more expensive.
- Deductibles: How much you choose to pay upfront will largely determine how much your policy costs.
- Reimbursement: Most people opt for an 80% reimbursement. Lower percentages could mean lower rates, whereas a 90% reimbursement would come with higher premiums.
In general, the more robust the coverage is, the more you can expect to pay for coverage.
How Can You Save Money on Pet Insurance?
There’s no need to overspend on pet insurance. As you shop for coverage, keep the following tips in mind:
- Buy a policy as soon as you need it: Your pet will be more expensive to insure later in life, and they may be denied coverage outright at a certain age. Their risk of incurring illnesses or injuries increases as they age, too, so there’s no time like the present to insure them.
- Seek out advice: Talk to your veterinarian, check out company reviews, and ask for referrals from knowledgeable friends with pets.
- Opt for high deductibles: The more you’re willing to pay in deductibles, the better rates you can secure. Saving up for deductibles and taking on more risk might be worth the savings.
- Look for discounts: You might be able to save with discounts for good health, multi-policies, and getting online quotes with certain providers. Some employers offer pet insurance plans or discounts as well, and many providers offer military discounts.
- Compare quotes: With any big purchase, you should compare multiple options to get the best price. Pet insurance is no exception, and taking a few moments to get quotes could mean significant savings in the long run.
Is Pet Insurance Worth the Cost?
Though pet insurance might not be at the top of your financial priorities, it could be a literal lifesaver if your pet gets injured or becomes ill.
At the very least, a basic plan offering coverage for emergencies and illnesses is well worth the cost.
For some, additional wellness coverage could be just what the doctor ordered, allowing you to breathe easily knowing that your dog or cat’s preventative care is covered.
With the strategies above and a willingness to take on more risk for lower premiums, you may be able to snag a pet insurance policy from one of the best pet insurance companies for a lower cost than you expected.