Pet insurance has become an essential investment for pet owners. It provides financial support and peace of mind when it comes to unexpected veterinary expenses. There are numerous pet insurance companies that offer different plans which can make choosing the right one a daunting task. In this article, we will provide an overview of the top pet insurance providers so you can make an informed decision that matches your budget and your pet’s needs.
What is Pet Insurance?
Pet insurance is similar to human health insurance. It is a contract between you and an insurance company that helps cover veterinary expenses in case of sickness, accidents or injuries. Depending on your plan, pet insurance can reduce the cost of treatments, surgeries, medications, and diagnostic tests for your furry friend. Some plans even cover routine check-ups and vaccinations.
Having pet insurance can also provide a sense of security, knowing that if your pet needs care, you won’t have to worry about the financial burden. Choosing the right pet insurance company and plan can be confusing, so let’s dive into the top pet insurance providers to make the selection process more manageable.
Top Pet Insurance Companies
The following are the leading pet insurance companies that provide the best coverage and customer service. Note that the order does not indicate any rank of preference.
Company |
Rating |
Types of Plans |
Coverage |
|---|---|---|---|
Embrace |
9.7 |
Accident and Illness, Wellness Rewards |
Covers a wide range of issues including cancer, chronic illnesses, hereditary issues, and behavioral therapy. |
PetPlan |
9.6 |
Accident and Illness, Wellness |
Covers hereditary and chronic conditions, as well as dental illnesses and alternative therapies. |
Figo |
9.5 |
Essential, Preferred, and Ultimate Plans |
Covers accidents, illnesses, and more, including exam fees and prescription medications. |
Nationwide |
9.1 |
Whole Pet with Wellness |
Covers accidents, illnesses, preventive care, and prescription medications. |
Healthy Paws |
8.9 |
Accident and Illness |
Covers accidents, illnesses, and prescription medications, including emergencies and specialist care. |
1. Embrace
Embrace offers a comprehensive pet insurance plan that covers accidents, illnesses, and hereditary conditions in cats and dogs. Embrace’s plans offer a wide range of deductibles, reimbursement rates, and annual limits that cater to different budgets and pet healthcare needs.
Embrace also offers a Wellness Rewards plan that provides coverage for routine check-ups, vaccinations, and preventive care. This plan can be added to your main policy to help cover regular veterinary costs and keep your pet healthy and happy. Embrace’s customer service is highly rated, with 24/7 availability and positive customer reviews.
2. PetPlan
PetPlan provides a wide range of customizable pet insurance plans for cats and dogs of all ages and breeds. PetPlan offers flexible deductibles, reimbursement rates, and annual limits that can be tailored to your budget and pet’s health needs. PetPlan’s coverage includes accidents, illnesses, and hereditary conditions, as well as dental illnesses and alternative therapies.
PetPlan also offers a wellness plan that covers preventive care such as vaccinations, check-ups, and routine diagnostic tests. One of the most significant advantages of PetPlan is its fast and straightforward claims process, and its exceptional customer service.
3. Figo
Figo offers three different plans, Essential, Preferred, and Ultimate, that all provide comprehensive coverage for accidents, illnesses, and hereditary conditions. Figo also provides coverage for exam fees and prescription medications.
Their website is easy to use and offers a straightforward claims process that can be done online. Figo is known for its affordability and the 24/7 availability of their customer service team.
4. Nationwide
Nationwide offers a unique Whole Pet with Wellness plan that provides coverage for accidents, illnesses, preventive care, and prescription medications. Nationwide’s plan has fixed deductibles and no limits on the amount of reimbursement for covered services.
Nationwide also offers a 24/7 vet helpline that can provide guidance on everyday pet care, as well as access to veterinary professionals for any medical emergencies. Nationwide’s customer service is highly regarded, and the company has a great reputation in the industry.
5. Healthy Paws
Healthy Paws is known for its straightforward accident and illness insurance plans that provide coverage for all kinds of unexpected veterinary expenses. Healthy Paws’s policies do not include any limits on coverage or annual or lifetime caps.
Their policies also cover prescription medications, surgeries, specialist care, and alternative therapies. Healthy Paws has excellent customer service, with quick and easy claims processing and 24/7 availability.
FAQ
What is the best pet insurance for dogs?
The best pet insurance for dogs depends on your specific needs and budget. However, Embrace, PetPlan, and Figo are all excellent choices that offer comprehensive coverage and flexible plans.
What is the best pet insurance for cats?
Again, the best pet insurance for cats depends on what you’re looking for. However, Embrace, PetPlan, and Healthy Paws are all providers that offer excellent coverage and service for feline friends.
What does pet insurance cover?
Pet insurance typically covers unexpected veterinary costs such as accidents, illnesses, and injuries. Some plans can cover routine check-ups, vaccinations, and preventive care.
How much does pet insurance cost?
The cost of pet insurance varies depending on the company, the plan, the type, and age of the pet. On average, pet owners can expect to pay around $20-$50 per month for a basic plan and up to $100 or more for a comprehensive plan.
Is pet insurance worth it?
Yes, pet insurance is worth it when it comes to protecting your furry friend’s health and happiness without worrying about financial burdens. It can provide peace of mind and help you save money in the long run.
What is the waiting period for pet insurance?
The waiting period for pet insurance varies depending on the company and the type of plan. Some plans have a waiting period of 14-30 days from the start of your policy, and some plans have longer waiting periods for specific conditions.
Conclusion
Pet insurance is a crucial investment that can help cover veterinary expenses and ease the financial burden of unexpected health issues for your pets. There are numerous pet insurance providers to choose from, but Embrace, PetPlan, Figo, Nationwide, and Healthy Paws are all excellent options that provide comprehensive coverage and customer service. Make sure to research and compare plans to choose the right insurance provider that matches your budget and your furry friend’s healthcare needs.