Who would have ever thought of affordable pet insurance, or any pet insurance, 30 years ago?
Many pet owners don’t even know so many pet healthcare alternatives are available at all.
Unfortunately, many still think they just have no choice but to carry any cost as it comes.
Pet care can be expensive! Believe it or not, many surgeries will easily reach in the thousands (USD).
So the question you might be considering is ‘is pet insurance affordable enough to rationalize my monthly fee’?
Yes, it is. After this, it’s important to find the best affordable pet insurance.
Table of Contents
Why Consider Pet Insurance?
The basic concept of healthpet insurance for pets is the same as any human medical insurance; you’re paying a small regular fee to ensure your insurance plan will pay most of the big fees when and if they happen. This is only one of the two basic types of pet health insurance, anyway.
Cover Most For The Huge Fees
This type of pet insurance is what most pet owners think of when medical coverage for pets comes to mind. They pay a monthly fee, along with a deductible on any claim, and the insurance company knocks that $5,000 surgery down to $500 (for example).
That emergency surgery wasn’t affordable before now becomes easily taken care of! Remember, you’ll sometimes have to pay the entire cost upfront until there’s an approval of your claim. Make sure you know what your pet insurance company will do for you!
This is where pet insurance truly shines! That monthly fee may not seem affordable, or even a waste of money, until the unexpected happens and this is the only way you can afford that life-saving surgery.
This is the second type of affordable pet insurance, best for owners that plan on visiting the veterinarian or groomer frequently each month. This coverage type will cover a small portion of almost every regular fee you can think of but isn’t as useful for costly emergency surgeries.
Which type of pet medical coverage is best for your situation? You have several options today!
Know Your Insurance Provider
Many of these best affordable pet insurance providers are very similar. You’ll find that several providers will claim to cover up to 90% of your veterinary bill when claims are approved. Nearly all of them will require a phone consultation to set up an individual quote.
Thankfully, most showcased in the table below will list the exact conditions they are willing to cover! It’s always important to know what you’re paying for. You don’t want to encounter a health problem or medical emergency that isn’t covered.
● Do they cover pre-existing conditions? Most do not.
● Are they highly rated with fantastic consumer reviews (other than on-site reviews)?
● Is the monthly fee worth any savings in the case of an emergency?
● Most importantly- do they offer what you’re looking for?
1. Healthy Paws Pet Insurance
Healthy Paws offer a simple, no-hassle signup process for those who value simplicity! On their website, they are transparent with the basics of what is covered. The problem is (and this is the same with most cat or dog insurance plans) the website doesn’t tell you what you’ll be charged.
Moreover, like most, it’s necessary to contact an agent, to sign up for a pet insurance plan.
● No caps on claim payouts.
● Donates to animal rescue organizations.
● Covers hereditary & congenital conditions.
2. Embrace Pet Insurance
Embrace Pet Insurance offers a diminishing deductible over time, as long as claims aren’t made, and up to a 90% return when they are! It also covers a great many things, most annotated directly on their front page. In fact, they are very clear about what they do and don’t cover.
● May cover pre-existing illnesses after a 12-month evaluation.
● Offers diminishing deductibles as long as no claims are made.
● Finally, covers up to 90% of the vet bill.
3. Pets Best Pet Insurance
Pet’s Best also offers up to 90% on your eligible veterinary bills. They seem to provide a very convenient signup process, along with a video on the homepage. Like many others, you will have to apply for a free quote to find out what your monthly fees will be.
● First, low-cost plans avg. around $35 for dogs and $25 for cats monthly.
● Second, risk-free cancelation for up to 30 days.
● Third, covers up to 90% of the vet bill.
4. Trupanion Pet Insurance
Trupanion, like many others, will cover up to 90% of your veterinary bill. They directly list the conditions that are present on the website. You always have 24-hours support, and all you need to do for a quote is call!
● First, you have the option to pay deductible only when a pet develops a new condition.
● Second, rates never rise, no matter the number of claims.
● Third, covers up to 90% of the vet bill.
