As a dog owner, you want to make sure your four-legged friend is healthy and happy. But unexpected medical issues can crop up at any time, and vet bills can pile up quickly. That’s why pet insurance is such an important consideration if you want to be able to afford quality care. Here are 10 of the best pet insurance providers for dog owners in 2023, along with their pros and cons.
1. ASPCA Pet Health Insurance
ASPCA Pet Health InsuranceThis company offers comprehensive coverage that includes accident and illness coverage, preventive care coverage, as well as alternative therapy coverage.
Pros include:
- no annual limits or limits on specific services;
- premiums that don’t increase due to age;
- and discounts are offered for insuring multiple pets with them.
Cons include:
- a lack of discounts for spaying/neutering pets;
- no dental care coverage for older dogs;
- and limited coverage for pre-existing conditions.
2. Nationwide Pet Insurance
Nationwide offers several different plans ranging from basic accident protection to comprehensive plans that cover both accidents and illnesses.
Nationwide Pros :
- no lower age limit;
- reimbursement based on actual veterinary bills rather than a predetermined list of charges;
- online claims submission available 24/7;
- and discounts are available when enrolling more than one pet at a time or when switching away from another provider.
Nationwide Pet Insurance Cons include:
- some exclusions on pre-existing conditions;
- chargebacks may reduce the amount paid out if the insurer finds out a claim has been submitted elsewhere;
- routine care is not covered by any plan
- no multi-pet discounts are available after initial enrollment.
3. Embrace Pet Insurance
Embrace Pet Insurance offers three types of plans: Major Medical, Wellness Rewards, and Accident Only Coverage.
Embrace Pros include:
- an unlimited annual benefits cap with their Major Medical plan;
- flexible deductibles options;
- preventive care coverage is available with the Wellness Rewards plan (including vaccinations);
- and no breed or age restrictions like those found with other insurers.
Embrace Pet Insurance Cons include:
- higher premiums compared to other providers due to their lack of age or breed restrictions;
- limited availability outside the United States (currently only available in certain cities within Canada) – common for other insurance as well ;
- no multi-pet discounts are offered after the initial enrollment period ends;
- some pre-existing conditions may not be covered by their Major Medical plan.
4. Pets Best Insurance
Pets Best offers two types of plans: Accident & Illness Plus Coverage which covers both accidents and illnesses plus additional benefits like prescription drugs, diagnostics tests, surgery costs, etc.;
and Accident Only Coverage covers just accidents but does not offer any additional benefits beyond this type of incident such as illness-related expenses or preventive care costs like vaccinations.
Pets Best Pros:
- no upper age limit for enrollment (they will accept most dogs up until they turn 14 years old);
- customers have access to a 24/7 customer service hotline via phone or email;
- reimbursements are paid directly back into customers’ bank accounts making it fast & easy to receive funds back once approved by Pets Best team members
Pets Best Cons:
- only offering two types of plans so customers may find themselves unable to find exactly what they need depending on their pet’s individual needs and requirements
- some pre-existing conditions may not be covered by either policy option so customers should always double-check before signing up
5. Trupanion
Trupanion is one of the most well-known pet insurers in the US. They offer 90% coverage after your deductible (which ranges from $0-$1000) and payout directly to veterinarians wherever possible. They also covers medical conditions that may occur over time—so if your pup develops an illness or injury down the line, they’ll still be covered.
Trupanion Pet Insurance Pros include:
- Direct payment to vets;
- coverage for pre-existing conditions;
- Flexible deductible options.
Trupanion Cons include:
- Slightly expensive premiums;
- no coverage for exams or preventative care; limited ability to customize policies.
6. Healthy Paws
Healthy Paws is an excellent option for pet owners looking for comprehensive coverage at a reasonable price. Altogether, their plans cover up to 90% of vet bills with no caps or limits on reimbursements and provide coverage for both accidents and illnesses – including chronic conditions like cancer and diabetes. Paws also offer routine care coverage as an add-on option.
Healthy Paws Pet Insurance Pros include:
- No annual or lifetime caps on reimbursements;
- discounts available; routine care add-on available;
- comprehensive coverage options.
Healthy Paws Pet Insurance Cons include:
- Limited customization options;
- no coverage for pre-existing conditions or hereditary issues.
7. Petplan
Petplan provides offers comprehensive coverage that covers accidents and illnesses as well as preventative care such as spaying/neutering, vaccinations, and flea/tick prevention.
Pros include:
- They offer a variety of plans tailored to fit any budget;
- they have excellent customer service;
- they are known for their quick claims processing times.
Petplan Cons include:
- some exclusions on pre-existing conditions;
- chargebacks may reduce the amount paid out if the insurer finds out a claim has been submitted elsewhere;
- routine care is not covered by any plan
- no multi-pet discounts are available after initial enrollment.
8. 24PetProtect Pet Insurance
24PetProtect is a great option for those looking for comprehensive coverage at an affordable price point. Their plans cover accidents, illnesses, preventive care, hereditary diseases, and more.
This insurance provider is part of a pretty big and well recognize platform 24PetWatch.
24PetWatch – North America’s largest lost pet database & microchip registry
24PetProtect Pet Insurance Pros include:
- Their premiums are low compared to other companies;
- they provide discounts for multiple pets;
- their claims process is straightforward and easy to understand (which is a huge plus)
24PetProtect Watchnwide Pet Insurance Cons include:
- They do not cover pre-existing conditions or behavior issues;
- They only offer accident-only policies in certain states;
9. Lemonade
Lemonade claims itself as the best pet insurance company for the second year in a row ( 2021, 2022); It’s interesting how they promote their service – mostly advertising through home lender companies ( which is a little bit unusual in this market).
It’s one of the best pet insurance companies out there. They offer low monthly premiums, additional discounts, and comprehensive coverage. Also, their pet insurance covers veterinary expenses for cats and dogs resulting from illness or accidents, such as diagnostic tests (including imaging), emergency care, hospitalization, surgery, and medications. Pet owners who want more coverage can choose from three different preventative care packages that would cover things like wellness exams, dental cleanings, spaying and neutering, and blood tests.
Lemonade Pros include:
- Easy claims processing (simple and clean UI – user interactions)
- Multipolicy and pay-in-full discounts are available. (Just talk to them)
- Participate in various dominion programs
Lemonade Pet Insurance Cons include:
- Not all states covered (Dec 2022)
- Physical therapy, acupuncture, and chiropractic care cost extra
- Higher rates with bad credit history
10. Figo
Figo Pet insurance is designed to reimburse you for unexpected veterinary expenses. Above all most policies reimburse a percentage of your vet bill, and some have annual limits while others do not. Some pet insurance companies also apply a lifetime maximum, which is the maximum amount they will reimburse over the lifetime of your pet. Basically, Figo does not enforce annual limits, but it does have a lifetime maximum.
FigoPet Insurance Pros include:
- Figo enforces strict limits on its coverage of hereditary conditions (pre-condition)
- comprehensive mobile support
- licensed veterinarian 24/7 via the app
Figo Pet Insurance Cons include:
- higher than average premiums for a policy with 0% copay
- a little bit complicated plans and terms: benefits such as the exam fee reimbursement and physical therapy are only available as separate riders
Conclusion:
With so many great pet insurance companies out there offering various levels of coverage—from basic accident protection all the way up to comprehensive plans—it can be difficult trying to decide which one is right for you and your pup’s or kitties’ needs in 2023! We hope this overview has helped narrow down your options when it comes time to make that important decision! Remember though, each pet insurance provider varies in what they offer so make sure you read through all the fine print before committing yourself financially! The final thing that we would like to say is that dental coverage is not the best for all current insurance providers, and it’s important to maintain your pet’s oral health to prevent more significant financial losses. Good luck!