Compare Pet Insurance for Dogs and Cats: 4 Factors to ConsiderReviewAdviceFAQ's

4 Factors to Compare Pet Insurance Plans

Is pet insurance right for your family's pet? In the last decade, pet insurance has grown in popularity as more pet owners recognize its value-often during emergency situations. A quality plan can defray the costs of medical bills and veterinary care when an animal becomes sick or injured. While that may be a no-brainer, it's often difficult to pick the right plan, especially if you don't know which factors matter most. In this guide we'll take a closer look at four important components to look at when you compare pet insurance policies.

Compare Types of Pet Insurance Coverage

There a three standard types of pet insurance coverage available-wellness, illness, and accident coverage. Accident coverage is offered by the vast majority of insurance carriers and covers your animal in case they get into an emergency accident. Illness, on the other hand, is usually more limited and increases in price the older the animal gets. Wellness insurance coverage is for things like annual routine exams, and other routine visits. If you don't think that wellness coverage is worth it, just remember than a standard vet exam can run in the hundreds, depending on the vet and your location.

4 Factors to Compare Pet Insurance Plans

Check the Exclusives and Fine Print

The next step in determining the right policy is to closely exam the exclusions and fine print. A few common exclusions include pre-existing and congenital conditions, dental care, fleas, ticks and other parasites. While there may be some pet insurers that do offer policies or additional programs for these things, it's best to double check.

Plan deductibles are also a significant factor to take into account. Select a plan which has a deductible to accommodate your budget. These may range anywhere from $45 to over $1,000 per emergency. Your animal's breed, age, and medical history has a great deal to do with the percentage of coverage typically applied.

Choosing your Veterinarian

If you're loyal to your current veterinarian then you'll need to double check that the policy allows you to choose your own vet. Otherwise, you could be forced to seek medical care by a different practitioner.

Establish the Waiting Periods

Similar to human health insurance plans, pet policies also may have a waiting period before the coverage goes into effect. Ask the insurance representative what the time frame is based on your sign-up date. It could make a big difference, if your pet happens to need emergency coverage during that window.

Examine each plan carefully and consider your pet's specific needs. Someone who is trying to compare pet insurance for dogs will have different needs than if you are looking for cats. Keep these four factors in mind when during your pet insurance comparison. Also, request all policy information in writing for your records.

Last Updated:

Join the discussion

Replying to Cancel

Your comment has been submitted and is awaiting approval from one of our administrators. Thank you for your readership!


Submitting your comment...

16 Great Money Saving Tips!

Cut expenses by $500+ a month. Download our FREE eBook today.

Download Now

Have you found our content useful?


Join our newsletter to receive the latest money saving advice, reviews, and offers!

YesI want to learn how to be a smart consumer!NoI'm not concerned about wasting money

100% privacy. We will never spam you.

Where should we mail you our
money saving advice, reviews & offers?

100% privacy. We will never spam you.

Adding your email to our mailing list.

Please wait just a moment

Your email has been added!

Thank you for signing up.


Looking for the best pet insurance?

We've researched and reviewed the top companies.

See Our Top 3

Advertiser Disclosure

In order for MoneySavingPro to remain a consumer free service, many of the companies covered in our industry reviews compensate MoneySavingPro for new sign ups.

However, the results of our comparison tools, the rankings of the providers and the information presented is not affected by compensation. Indeed, many of these companies approach us for an advertising partnership after we have already written a published their reviews.

While we try to research and review as many providers as possible in the 100+ industries we cover, we have not reviewed every company available.

Our rating system is independent of compensation and reflects our true understanding of the industry and the company based on a variety of factors. The companies that receive the highest rating will always be the providers that we believe offer the best value to the consumer.