The Best Pet Insurance 2022

pets lover, best pets lover, The best pet insurance, pet insurance, insurance,

Pet health insurance helps pay for expensive emergency medical care for your beloved pet, whether it’s walking, running, jumping, or flying. The ability to pay for unforeseen veterinary expenses is often the difference between saving or euthanizing your pet; however, it can be challenging to find the right policy, because the best pet insurance depends on a number of factors.

For this article, we have researched 15 of the most popular pet insurance companies in order to select the seven best insurances for pets (dogs, cats, birds, reptiles, and even horses). We review pet insurance based on price, coverage, pre-existing condition exclusions, and more, so read on to find the right option for your best friend.

The 7 Best Pet Insurance Companies of 2022 are:

  • Figo: The best of all
  • Trupanion: Runner-up, better overall
  • Healthy Paws: Best for Dogs and Cats 
  • Pets Best: Best Value 
  • AKC: Best for Various Pets
  • Nationwide: Best for Exotic Animals 
  • ASPCA: Best for Equines

Table of Contents

Best of all: Figo

Figo won the award for best pet insurance for its 100% refund option, no claim limit per incident, and annual deductible. The Chicago, Illinois-based organization offers a cutting edge way to deal with pet protection, giving elements like all day, every day live visits with vets, online cases, and different assets, all through its application

In addition to these features, Figo also offers all coverage options for illnesses and injuries, with various levels of protection that you can customize according to your budget. Quick turnaround time for claims payment, as well as coverage for hereditary and congenital conditions, including hip dysplasia, are some of its other benefits.

Figo has been in business for seven years and has a B + rating from the Better Business Bureau (BBB) ​​with policies underwritten by Independence American Insurance Company. On the other hand, the insurer also offers coverage for accidents and illnesses, but there is no option for a wellness plan.

The monthly cost of the plans

They offer three degrees of insurance: Essential, Preferred, and Ultimate. In this regard, the fees for a one-year-old Jack Russel Terrier were quoted at $ 35.57, 39.62, and $ 41.14 per month, respectively. You can customize your benefits by selecting a deductible of $ 100, $ 250, $ 500, or $ 750, with refund options ranging from 70% to 100%.

Is there a waiting period?

You must wait three days for accident or injury coverage, 14 days for sickness, and 6 months for knee conditions.

What are the limits of the annual policy?

Maximum lifetime benefits are between $ 5,000 and $ 200,000 per pet and maximum annual benefits per pet range from $ 1,000 to $ 20,000.

Policy coverage differences

They do not cover prescription food, wellness or sterilization, or dental cleanings.

Are preventive items covered?

No

Terms of payment of benefits

Claims are closed within seven to ten business days. You can file a claim online or through their application.

What we like

Figo wins the position of best pet insurance because it offers great coverage that includes up to 100% reimbursement with many thoughtful extras, including live chat with veterinarians 24 hours a day, identification tags, and cremation coverage.

Trupanion: Runner-up, better overall

Trupanion has offered pet insurance since 2000 and protects cats and dogs with 24/7 assistance, in addition to providing benefits that we cannot find in other pet insurers. Two characteristics, in particular, can make a big difference in the care of your pet:

  • Premiums are based on registration age, not actual age, which means that once you insure a two-year-old dog, for example, the rate will remain the same even when the animal is 10 years old.
  • Exclusions are not reviewed year after year for newly diagnosed conditions. Other pet insurance companies may review the plan’s coverage by renewing it after they have paid claims for certain medical conditions. Trupanion agrees not to do this.

Trupanion has a BBB rating of A- but has had two government actions against it: one for giving gifts to pet care providers to send, which was resolved by paying fines, and one more for deals in California by unlicensed protection delegates.

The monthly cost of the plans

The prices are high compared to other insurers, especially for young pets, under three years of age. Sample monthly costs over time using a healthy Jack Russell Terrier as an example, with a $ 200 deductible and the lowest possible copay (90%) are:

  • 1-year-old puppy: $ 104.24.
  • 3-year-old dog: $ 125.55.
  • 6-year-old canine: $ 166.55.
  • 12-year-old dog: $ 295.90.

Is there a waiting period?

There is a 30-day waiting period for illnesses and a five-day waiting period for injuries. Pre-existing conditions are not covered and are defined as conditions that were evidenced within 18 months of enrollment in the policy, including recurring injuries.

Policy coverage differences

Trupanion includes benefits not offered by other pet insurers, such as coverage for hip dysplasia and all inherited and congenital conditions without pre-existing symptoms. An optional supplement is available for acupuncture, behavior modification, chiropractic, homeopathy, hydrotherapy, naturopathy, physical therapy, and rehabilitation therapy.

What are the limits of the annual policy?

There are no payment caps or limits, and it is also possible to customize a plan and choose any deductible from $ 0 to $ 1,000.

Are preventive items covered?

No, there are only accident and illness policies.

Terms of payment of benefits

The contract states that claims are made within 60 days with a claim form; however, they also offer a service that pays immediately and directly to veterinarians.

What we like

Although Trupanion is more expensive for young pets, the premiums for comprehensive coverage do not change as your pet ages, which is why we’ve named it a runner-up for best comprehensive pet coverage.

Healthy Paws: Best for Dogs and Cats

The Healthy Paws Pet Insurance and Foundation has been around since 2009. The founders met through an animal shelter and both wanted to find a way to provide pet parents with the means to obtain quality veterinary treatment at affordable prices.

Sound Paws has a BBB A + rating and gives inclusion through two of the world’s biggest safety net providers, Aon Affinity Programs and Ace Chubb Insurance Group, both known for their high-value home insurance programs.

The company has taken regulatory action against them for overcharging customers and was required to reimburse customers $ 4.7 million. The Washington State Insurance Commissioner found that customers were entitled to discounts but often did not receive them, citing a 37.5% error rate for these discounts.

The monthly cost of the plans

To get an idea of ​​the prices, we made a quote for a healthy Jack Russell Terrier dog and a healthy mixed breed cat with a deductible of $ 250, with 90% coverage in the Unlimited Companion Care Plan (accidents and illnesses ) in California.

  • 1 year: $ 40.74 for a dog; $ 21.91 for a cat.
  • 3 years: $ 46.92 for a dog; $ 26.85 for a cat.

Is there a waiting period?

Homeowners must wait 15 days for accident or illness claims and 12 months for hip dysplasia or related conditions.

What are the limits of the annual policy?

There is an annual deductible instead of a condition copayment with unlimited maximum payments.

Policy coverage differences

The insurer offers covers accidents, illnesses, and injuries. Coverage deductibles and copays are limited as pets grow.

Are preventive items covered?

No

Terms of payment of benefits

Healthy Paws claims they pay 99% of claims in two days.

What we like

The insurer offers an undeniably attractive price for both dogs and cats, with up to 90% of expenses paid on covered claims.

Pets Best: Best Value

Pets Best was established in 2005 by veterinarian Dr. Jack Stephens, who sent off the principal pet insurance agency in North America in 1981. They have paid more than $ 200 million in claims to policyholders and currently insure more than 100,000 pets in the United States. Also, they have an A + rating from the Better Business Bureau.

The company offers pet insurance that you can customize with various levels of protection and other additional options to enhance the well-being of your pet. Its user-friendly services help Pets Best to stand out, and the discounts they offer (military of 5%, and 5% for two pets or more) give great value to the company. They may also offer the option, on a case-by-case basis, to waive waiting periods when you switch from another pet insurer.

The monthly cost of the plans

Pets Best offers customizable plans that allow you to choose coverage levels, a wide range of deductibles, and copayments in three plan options: Essential, Plus, and Elite. For example, policies for a one-year-old dog start at $ 53.26.

Supplemental wellness coverage programs add additional treatments and therapies for as little as $ 15 to $ 30 per month.

Your deductible options are $ 50, $ 100, $ 200, $ 250, $ 500, and $ 1,000, and you can select coverage levels of 70%, 80%, or 90%.

Is there a waiting period?

Yes, the sitting tight period for mishaps is three days, 14 days for disease, and a half year for cruciate tendon conditions.

What are the limits of the annual policy?

Pets Best allows you to choose one of the four limits of the annual policy: 2,500, 5,000, 10,000, and up to no limits.

Policy coverage differences

Pets Best offers a 24/7 veterinary helpline. Your coverage includes accidents, illnesses, cancer, hereditary conditions, emergency care, and surgeries. The Plus plan also covers exam fees. Elite coverage includes rehabilitation, acupuncture, and chiropractic. Prescription drug benefits can also be added or included.

Are preventive items covered?

Wellness coverage is not included, but optional preventive care programs are available for about $ 20 a month.

Terms of payment of benefits

Pets Best allows several digital options for making a claim. For example, you can send a photo of the vet’s invoice through the application or upload the invoice from their web platform. You can also send it by email or by post.

What we like

Because Pets Best allows you to customize your coverage, you can buy and pay for the options that best suit your situation, which is why we have ranked the company as the best insurer by value.

AKC: Best for Various Pets

PetPartners, Inc. has offered quality assistance to animal people beginning around 2002. Truth be told, they are the restrictive supplier of pet protection for the American Kennel Club (AKC). PetPartners is underwritten by the Independence American Insurance Company and the American Insurance Pet Company. PetPartners, Inc., and has an A + rating from the Better Business Bureau.

The monthly cost of the plans

PetPartners is our best option for households with multiple pets thanks to the 5% discount they give for insuring two or more pets at the same time. To get an idea of ​​the prices with PetPartners, we made quotes for a healthy Jack Russell Terrier dog and a healthy mixed breed cat with a deductible of $ 250, with 90% coverage in the Unlimited Companion Care Plan (accidents and illnesses) in California:

  • 1 year: $ 50.22 for a dog; $ 56.40 for a cat
  • 3 years: $ 50.06 for a dog; $ 56.22 for a cat.
  • 6 years: $ 65.09 for a dog; $ 87.72 for a cat.

Is there a waiting period?

The waiting period is 14 days for illness, two days for accidents, and 180 days for conditions related to cruciate ligaments.

What are the limits of the annual policy?

You can choose between different plans that offer annual limits or unlimited annual benefits. For example, basic coverage includes a limit of $ 500 per incident. The maximum limits for alternative, holistic, or behavioral optional coverages are $ 1,000.

Policy coverage differences

Hereditary and congenital disease coverage is not included but can be added as an addition to the plan you choose. You can also choose to add wellness coverage that includes coverage for veterinary exams and preventive care such as spay/neuter and dental cleanings.

Are preventive items covered?

Preventive items are not automatically included but can be added to some plans for an additional cost.

Terms of payment of benefits

There is a period of 14 days for the payment of claims.

What we like

PetPartners offers a 5% discount for multiple pets, which in itself is a competitive price for each of your animals.

Nationwide: Best for Exotic Animals

Nationwide is the largest pet insurer in the United States, offering coverage for cats, dogs, and exotic pets. They have offered this protection since 1982 and insure more than 780,000 pets. Even better, Nationwide Veterinary Pet Insurance has a BBB rating of A +.

Their program for birds, reptiles, creatures of land and water, and little vertebrates remembers the very inclusion choices that they offer for canine and feline protection. They cover pets like:

  • Small Mammals: Chinchillas, gerbils, mice, guinea pigs, goats, hamsters, hedgehogs, mini pigs, rats, sugar gliders, rabbits, and ferrets.
  • Birds: African gray, amazon, canary, cockatoo, conure, finch, lory, lovebirds, macaw, mynah, parakeet, parrot, toucans, and other birds.
  • Reptiles: Amphibians, including toads, pogona, chameleons, frilled dragon, geckos, iguanas, Varanus, tegu, turtles, water dragons, and others.

The monthly cost of the plans

Plans will vary widely by species, so it’s best to call for full details. We found coverage for a one-year-old dog starting at $ 71.37 and for a one-year-old cat starting at $ 24.16 with a deductible of $ 250.

Is there a waiting period?

There is a 14-day waiting period for health coverage that begins after the policy is approved and your payment has been received. Wellbeing inclusion starts 24 hours after the arrangement is given.

What are the limits of the annual policy?

Annual policy caps are up to 90% on veterinary exams, treatment, and preventive care.

Policy coverage differences

At the national level, the insurer allows you to use the services of any veterinarian you choose. Wellness coverage may also be included in your plans. And if you sign up for a pet before they turn 10, you’re guaranteed coverage as long as you pay the premiums.

Are preventive items covered?

Yes, depending on the plan.

Terms of payment of benefits

Electronic claim payment is available. Nationwide claims take up to 30 days to complete after receiving all necessary information.

What we like

Unlike other vendors, Nationwide has developed policies focused on caring for rare animals, confirming its position as the best for exotic animals.

Best for Equines: ASPCA Horse Health Insurance

ASPCA pet health care coverage offers exhaustive inclusion, with colic, mishap, sickness, and wellbeing inclusion choices. The ASPCA program is controlled by C&F Insurance Agency, Inc., a licensed insurance agency established in 1822, and with extensive experience in underwriting pet insurance products since 2006.

The monthly cost of the plans

The cost will vary depending on the type of horse you have and the area in which you live. We find plans as low as $ 65 per month for the basic Full Coverage plan with an annual limit of $ 5,000. And it is also possible to get a personalized quote in minutes.

Is there a waiting period?

There is a 14-day holding up period before inclusion starts.

What are the limits of the annual policy?

You can choose between an annual limit of $ 5,000 to $ 10,000, $ 15,000, $ 20,000, or an unlimited plan. You can also choose between a 70%, 80%, or 90% refund rate, and a $ 100, $ 250, or $ 500 deductible.

Policy coverage differences

Coverage includes dental diseases, behavioral problems, inherited conditions, examination fees, diagnoses, and treatment of accidents or illnesses. It is also possible to choose an accident-only coverage plan.

Are preventive items covered?

Available as an optional add-on.

Terms of payment of benefits

Claim refunds are available by direct deposit or by check. Claims processing takes 14-16 days (on average).

What we like

The ASPCA offers unique coverage for companion horses when other insurance providers treat them as plain cattle without coverage. This makes ASPCA pet health insurance the best for equines.

What is pet insurance?

Pet health insurance often covers the cost of medical care that results from accidental injuries or unexpected illnesses to dogs, cats, and other types of animals. Such incidents commonly include auto accident trauma, cancer treatment, poisoning, as well as swallowed objects, and degenerative conditions. Pet health insurance is not standardized.

pets lover; best pets lover; pets; best pet insurance;

Legislators are currently working on establishing appropriate regulatory standards for the pet insurance industry. Once you decide that you are interested in pet insurance, review what is included (or excluded) when selecting a policy, and see how the features suit your needs.

What does pet insurance normally include?

It is estimated that more than $ 30 billion will be spent in 2020 on veterinary care and product sales. Pet insurance typically includes coverage for accidental injuries, unexpected illnesses (no history), and tests or treatments necessary to treat your pet. Generally, coverage includes:

  • Visits to the emergency room.
  • X-rays, MRIs, and other diagnostic tests.
  • Emergency surgeries.
  • Cancer treatments.

Some pet insurance plans allow access to veterinary consultations by phone or through mobile applications. These services can help you save money when you are unsure whether or not your pet has suffered a medical emergency.

What does pet insurance normally exclude?

Each pet insurance company has developed its own policies, so details of coverage, exclusions, and limitations are in the fine printDue to the variation in pet insurance, there are many different questions to consider to help you understand coverage.

Some of the typical exclusions in pet insurance can include:

  • Wellness and Preventive Services: Examples include fees for annual exams, injections, spay/neuter, prescription drug costs in some circumstances, and more.
  • Pre-existing conditions: Read the fine print to see how each company defines a pre-existing condition based on whether it is known, starting, or hereditary.
  • Waiting Period Exclusions: These can range from a few days to months, depending on the coverage in question.
  • Exclusions for hereditary or congenital conditionsConditions may be present from birth but may not be detectable until later in the animal’s life.
  • Prescriptions and exams: Some pet insurers exclude or limit coverage for veterinary exams, prescriptions, or certain tests.
  • Dental: Dental coverage is often limited or excluded.
  • Renewal exclusions: Some companies exclude items that were covered under the previous insurance terms when the policy is renewed, such as an illness discovered and already treated in the previous term.
  • Rehabilitation services: Although some pet insurers cover rehabilitation treatments or therapies, it is a common exclusion.
  • Behavioral problems: Examples include compulsive behavior such as excessive licking, anxiety, skin pulling, and destructive behavior.
  • Liability: Liability for pet ownership or actions is not covered by health insurance; so check with your home insurer about liability or look for additional liability insurance options.

How much does pet insurance cost?

Based on the estimates we receive, pet owners can pay $ 15- $ 300 a month for pet insurance. Plan fees vary based on the animal’s age, breed, and medical history, and are customized based on plan types and options. The more extensive the coverage, the more the pet owner will have to pay, especially if it is an older animal.

Is it worth paying for pet insurance?

There is always the risk of serious illness or injury that could require thousands of dollars of treatment. For example, Trupanion paid more than $ 13,000 in bills for the cancer treatment of a seven-year-old Labrador.

Assuming the Trupanion policy for this type of dog is $ 98.89 per month with a $ 200 deductible, the cost would have been $ 1,186.68 per year. In seven years, that would equal $ 8,306.76 in premiums paid. Pet insurance would have saved the Chocolate Lab’s owners more than $ 5,000.

How we have chosen the companies

As part of our review process, we have analyzed 15 pet insurance providers. We research reviews on independent third-party sites and compare coverage exclusions and limits. We checked who the issuing insurance companies were for each pet insurance company and looked at their financial strength ratings where applicable.

We read the text of the policy to check the facts and compare it with the details provided on their websites. We did price comparisons for young and old pets to see which companies would provide the best value at different stages of life.

We also check each company’s customer service, veteran support services, and claims payment options. Once we looked at all these details, we narrowed it down even further and looked at which ones offered the most value-added features to introduce you to the best pet insurance companies, including the best insurance for dogs, cats, exotic pets, and horses.