Pet insurance is a good way to cover the expensive costs of veterinary healthcare. Taking an insurance policy for your pets can help you save on healthcare costs which have been skyrocketing these days. There are many plans and insurers in the market, which can make choosing the right one a daunting task. The following six popular pet insurance companies and plans are good options for starting your insurance search:
One of the oldest pet insurance companies is Trupanion. It offers around 90% reimbursement for expenses. A key feature of this insurer is that their plan offers a direct bill payment option. They also have a list of approved vets. When you take your pet for treatment to any of these vets, they pay the vet directly. There is no lifetime limit for their plans. You can keep paying premiums and get upto 90% coverage. This policy has a 30-day waiting period, and the premiums start at around $30. Plans are available for both dogs and cats.
Figo offers complete coverage for both dogs and cats. Their coverage for dogs starts at around $50, while for cats it starts at around $28. There is no requirement for copay or deductible, and your policy can be managed online.
The company offers three plans. The Ultimate plan offers unlimited coverage. Moreover, the Essential and Preferred plans have a limit of $10,000 and $14,000, respectively. It is a cloud-based insurance provider. There is, however, a 14-day waiting period for illnesses.
3. Healthy Paws
Healthy Paws does not have any limit on payouts. They have a mobile app through which you can easily scan and send the bill for them to reimburse the amount.
This insurer covers alternative treatments as well. Claims can be settled between 3 and 10 days. Coverage for dogs starts at around $30 per month, and for cats, it starts at around $15. However, it excludes hip dysplasia for older dogs above 6 years.
Apart from covering dogs and cats, Nationwide also offers coverage and exclusive plans for birds and other exotic pets. It also has a whole pet plan that offers comprehensive coverage with wellness checks and vaccines.
It has a 90% reimbursement rate, and the coverage starts from around $12 to $20 depending on the species of pet you have.
5. Pets Best
Pets Best covers both emergency treatment and regular vet care for your pets. Reimbursements are given within 5 days, and it allows for both online claims and processing. There are multiple plans with different coverage options to suit your budget. For cats, the monthly coverage starts at $22, and for dogs, it starts at $35. However, alternative therapies are excluded from their plans.
6. Pet Assure
It is a unique type of insurer that offers a 25% discount on vet care services. Pet Assure covers all possible pets and has very few restrictions and exclusions. Coverage is, however, offered only through its network of vets, where you can avail of the discount.
These details have been listed to help you evaluate different plans and companies. You can use this information to decide which policy to take for your pets.