Posted: 11/10/2023 | BY: Content Writer

Pet Insurance Cost: How much is Pet Insurance, Is it affordable?

If you’re thinking about pet insurance, the first question that may come to mind is “How much is pet insurance?” Or maybe you’re wondering if dog or cat insurance is expensive. Many people wonder if pet insurance costs will be a strain on their budget and whether or not it’s worth the investment.

You can’t imagine the grief if your furry friend were to get sick or injured and all of a sudden there was no way for them to be taken care of.

Many people are now purchasing pet insurance plans so they don’t have to worry about what would happen in that situation. Pet health insurance covers things like veterinary care, medications, x-rays and other treatments that may be needed as a result of  an unexpected accident, illness or injury.

We explore pet insurance cost in detail and how it can help protect your furry family members!

pet insurance cost


What is Pet Insurance and What Does it Cover?

Pet health insurance is basically a medical plan that covers your pet in case of illness or injury. It can also cover things like pet wellness visits, pet dental cleanings, vaccinations and spay/neuter procedures.

Some pet insurance plans are more expensive than others so it’s important to do your research to see how much pet insurance costs before purchasing one for your furry friend.

Most pet insurance plans cover everything but some only cover certain, specific things. It’s important to find a pet insurance plan that works for you and your pet in the event of an unexpected emergency like an illness or injury

It is important to know what your pet insurance will and won’t cover so you don’t have any surprises later on.

If your pet were to get sick or injured what would you do? What  if they needed surgery? Pet health insurance can help cover the cost of all these things! You can start by comparing pet insurance plans here at Pet Insurance Review.

There are many pet insurance companies out there so you have the option to choose one that works best for your pet and lifestyle. This way you can compare each provider and each individual pet insurance plan to choose the best pet insurance for you.

Start by getting free pet insurance quotes right here!

Why Should I Get Pet Insurance? Is it Worth the Price Tag:The Pros and Cons of Purchasing Coverage for Your Furry Friend

Are you wondering if pet insurance is worth the investment or whether it will be a strain on your budget?

If so, consider these benefits:

  • Peace of mind
  • No more worrying about how much an unexpected illness/injury may cost
  • You can choose the pet insurance company of your choice
  • You can get pet wellness visits, pet dental cleanings and vaccinations for low cost or even free!

pet health insurance plans

But, how much does pet insurance actually cost?

Many pet owners are surprised by how much a vet bill can actually  be, especially if they are the owners of a large breed dog or breed of cat that requires more veterinary care.

The good news is there are pet insurance plans available for every budget and just because one plan costs more than another doesn’t mean it’s better. In fact, you may find out that the cost of pet insurance is actually cheaper than you expected.

Pet Insurance Review has thousands of reviews that help you compare plans to fit your budget, so be sure to find the plan that works best for your pet.

Vet bills can be as much as $7,000, just for veterinary care and medications in its first year alone. Pet insurance is designed to be a monthly premium that allows you to pay as you go instead of paying for your dog or cat’s medical expenses all at once. Your pet’s medical bills can quickly add up and having pet insurance can protect both your pet and your pocket book!. In exchange, your dog or cat will be covered for almost all illnesses and accidents that may occur.

Pet health insurance can be expensive, or at least, seem expensive. If your pet never gets into an accident, which doesn’t happen very often, pet insurance may seem like a waste of money. However the cost of pet insurance really depends on the pet and how much medical attention they need.

If you have a senior dog or cat, it might be something to consider because as your pet ages so do their health problems.

If you are currently unemployed or looking for a new job, then the cost to insure your dog or cat is also subjective. In this case, it might seem a bit pricey at first, but pet insurance costs are simply an amount you pay to help your pet stay healthy. If anything does happen, pet insurance can help with your pet’s medical costs, making it well worth it.

As you can see, pet health insurance is definitely worth the investment. It’s also important to remember that having insurance for your pet will give you peace of mind knowing that if something happens to your furry friend, he will be covered and so will you!

How to Purchase Pet Insurance?

You can purchase pet insurance through a pet store, online at the website of a pet insurance company  or sometimes even your veterinarian. There are some pet insurance providers that require you to go through an independent pet insurance agent.

cost of pet insurance

However, the easiest way to purchase dog or cat insurance is directly from any pet insurance provider. This way you can compare pet insurance policies and choose the plan that is best for your pet.

Here at Pet Insurance Review you can get free personalized pet insurance quotes from the top pet insurance companies. You can read thousands of reviews from pet parents and make an informed decision on your own!

If you have a young pet, then most pet insurance companies offer discounts on their insurance policies for dogs or cats. If you’re looking to get cat or dog insurance coverage right away, this will save time and money because many people don’t realize how expensive it can be to treat pet illnesses or injuries.

Before you purchase pet insurance, make sure you do your research. This way  if your pet suffers an unexpected illness or accident that results in injury, you can choose a provider that is affordable and offers the best coverage for your budget.

insurance research

Also keep in mind pet insurance plans are not pet medical assistance. Many pet owners find out the hard way that pet insurance only covers a portion of their pet’s bill and you will still have to pay for the vet bill and then get reimbursed a percentage.

What Pet Insurance Company Should I Choose?

This is a question pet parents often ask themselves. There are so many pet insurers to pick from and all of them promise the world, but do they deliver on their promises? It’s important to compare pet insurance companies instead of simply choosing the first pet insurer you find because it’s important to compare pet insurance companies  to find the best plan and cost.

When it comes time to enroll in a plan, you need to make sure the pet insurance plan is one that provides adequate coverage at an affordable price.

It’s also important to choose a pet insurer who offers great customer service because you will need them to be  there for you when you need them most. This means speaking with someone directly about your questions and concerns  and getting pet insurance cost information that you can understand.

It’s also important to look into pet insurers with the best pet health care network; this will ensure your pet is covered at every vet, depending on what policy you opt for.

Here are the top providers based on reviews from pet parents just like you!

Top Pet Insurance Providers of 2024

RatingProviderTotal Review
4.9Healthy Paws7,488
4.8Prudent Pet125
4.5Pets Best7,204
4.3Pet Assure12

The Cost of Pet Insurance – The Average Pet Insurance Costs and What Are Some Tips on Saving Money?

Pet insurance cost is based on your:

  • Pet’s age (older pets are usually more expensive)
  • Pet’s Breed (there are breeds that are prone to issues, due to hereditary diseases)
  • Location (if you live in a city where there is a high crime rate, you will need to pay more than if you live in an area with low-crime or in an affluent neighborhood).

An example is that a 10-year-old dog named Lola is spayed and is living in Houston, Texas. She is insured by Healthy Paws. The average monthly premium is $223.

The average cost of pet insurance varies from $15 to $200 per month. Dog insurance is a bit more expensive than cat insurance. But in general, the higher-priced plans have a higher deductible and will pay for more treatments before you pay anything out of pocket. The less expensive ones are not as comprehensive, and they are only meant to cover accidents.

research pet insurance

Because there is flexibility on how frequently you pay for pet insurance coverage, most companies charge pet insurance premiums but there are several payment options.

You may opt to pay every two weeks, every month, or at another interval of time that works best for you. Most pet insurance providers will have a limit on how much is spent per year, while others will not.

Some providers will give a life-time discount if your pet is spayed or neutered.

If you decide to switch from one pet insurance provider to another, there are some carriers that allow immediate coverage without requiring a 30-days waiting period after canceling the previous policy. This means that there won’t be a lapse in your pet’s insurance.

There are some providers that do not have monthly premiums, but instead charge per claim so if your pet is sick or injured you will be paying out-of-pocket until the deductible has been met and then they start reimbursing you.

Do your research and pick a plan that is appropriate for you and your pet. Most pet insurance is meant to deal with emergencies and is not meant for regular checkups.

Make a list of what you’re looking for in a pet insurance plan. You may get by with less spending and saving money over time if you pick a plan that covers everything you need and is within your budget.

It’s worth it to invest in a yearly physical and dental checkup so that you can discover any pre-existing conditions early on.

sick dogs

You can also go to our blog and read more about pet insurance. The more you know, the easier it is to pick a plan that is right for you!

Consider it an investment for your beloved pet. If something happens, you’ll be able to provide them with the greatest care possible. It’s much better paying a yearly deductible and  than dealing with the worry of a large vet bill.

If you discover that your insurer offers a fixed amount per year or per condition, be aware that the total payout for the plan may be restricted. It’s crucial to think about this while selecting a pet insurance plan because it is easy to go over the limit if you aren’t careful.

There’s also a chance that your pet insurance provider will refuse to reimburse the cost of treatment if it exceeds the deductible, regardless of whether there is still money for the year, so be cautious.

Unforeseen (and costly) emergency veterinary care is all too frequent, and it’s nearly impossible to predict. In reality, one in three dogs will require urgent care at some point during their life.

Paying for these unexpected vet bills is stressful enough, but having to deal with the financial cost of your pet’s treatment is even more difficult.

Vet bills

The average cost of a single trip to the vet is $508 (not including medication and follow-up visits), so it is important to take this into consideration when budgeting for your pet’s health care.

If you have insurance, then your insurer is covering the cost of treatment. If not, then you are responsible for the entire vet bill. This extra stress is completely avoidable by investing in pet insurance.

Find out how much pet insurance would cost for your furry friend by getting a free personalized pet insurance quote.

Something may be overlooked or neglected in the event of an emergency that is not totally addressed (often due to a scarcity of pet owner funds), resulting in future vet bills. If it’s possible to prevent this, you should.

Pet owners are constantly having to choose between paying a lot of money or saving their beloved pet. Having your pet covered is well worth the cost that comes with it.


Pet Insurance FAQs – Answers to Frequently Asked Questions:

The best pet insurance is the one that is right for you. One dog or cat insurance plan may not be a good fit for you, so it’s important to compare each plan before committing to an insurance company. This way you can avoid any surprises later on.

Choosing the best pet insurance policy isn’t about finding the cheapest option; It’s all about figuring the coverage that best meets your needs and budget, without sacrificing your pet’s health by giving him the best possible veterinary care.

You can also read our blog which provides more information about pet health insurance and what to look for before purchasing a policy. There, you’ll find even more info on how it works, is it worth it and so much more. The more you know, the better off your pet will be when something unfortunate happens.

Sooner rather than later.

Pet insurance costs may be a lot cheaper if you purchase a plan before your pet has an illness or accident, rather than waiting to buy one. It is much better to choose a plan that can cover all of your pet’s needs from day one and save yourself money in the long run.

You should look into pet insurance as soon as you get a pet. If something happens to your pet, it’s better to be protected by having pet insurance than not having it because the cost of treatment is incredibly high and will only continue to increase over time.

As your pet gets older, pet insurance becomes more expensive, so getting it sooner will help you save money.

Generally speaking, if you’re getting a new pet (especially dogs), then pet insurance is a must.

If your pet has any pre-existing conditions, it’s important to notify the pet insurance company as soon as possible; otherwise, they won’t cover those initial costs. Make sure you carefully read your policy and the contract before signing up for anything to avoid surprises later on down the line.

Most pet insurance providers will not cover pre-existing conditions unless they were reported when you purchased the pet policy.

If your pet has a condition that was already present before buying pet insurance, then any future costs associated with this illness or accident may need to be paid out-of-pocket by pet owners.

Please note some policies do have waivers on waiting periods.

In most cases, pet owners can still purchase pet insurance even if their pet has been sick or had an accident. If the pet is insurable but might have a pre-existing condition, make sure to notify your insurer about it as soon as possible so that they will cover any future costs associated with your pet’s condition.

Oftentimes, there are situations where a pet is not insured at the time of their illness or accident, so pet parents must decide if they want to purchase pet insurance after. If your pet is insurable now but does have pre-existing conditions (and you did not inform the insurer when purchasing), then they may still be covered in the future with additional treatment costs.

If your pet is insured and dies from something unrelated to their illness, then most pet insurance companies will return some of the monthly premium you have paid. You may receive a refund for that month or be reimbursed for all incurred expenses up until the point of your pet’s passing.

Most pet owners are interested in what happens when their pet passes away because it can be a very expensive process. Most pet insurance companies will reimburse you for the expenses that have been paid out during your pet’s illness or accident.

If your pet is insured and they are treated by a veterinarian again, then most providers will usually cover the cost of re-treatment. However, if you have already received reimbursement for that illness or accident in the past (and it was not pre-existing), then owners may need to pay out-of-pocket for their pet’s treatment costs.

Some people choose not to get pet insurance because they believe that their pets will never need treatment for anything serious and consider pet insurance as something that’s only good for emergencies. Others find it very important to have because it gives them peace of mind knowing they can afford to care for their pet if something were to happen to their beloved furry friend.

Pet insurance is a good idea for pet parents who are worried about the costs to treat their pet’s illness or accident. While having pet insurance may not be mandatory, it can provide you with the peace of mind to make sure your pets receive the treatment they need regardless of how expensive it might be.

From our point of view, the answer is a hard yes. Pet insurance is and always will be worth it.

If you want to learn more, read Is Pet Insurance Worth It?This article explores this topic much more extensively.

No. Most pet parents should take their pet to a veterinarian who is insured by their pet insurance provider because they are contracted with them and can provide you with lower rates on your pet’s treatment.

Many pet owners wonder what happens when their dog doesn’t have full coverage but still needs surgery. This is a common question because it varies from company to company and can depend on how much treatment your dog’s illness or accident required in the past. Even if you have paid for 100% of your pet’s previous treatments, most dog insurance companies will still require you to pay a deductible before they can start covering treatment costs.

An excess is the pet insurance term for what you, as a pet parent, have to contribute towards your pet’s treatment cost after receiving reimbursement from your insurer. The higher the excess you choose when purchasing coverage for your pet, the lower your premium costs will be.

Most pet insurance companies have different factors that they use to determine how much you’ll pay for pet insurance premiums each month including the age of the pet, the breed, the pet’s residence, and any pre-existing medical conditions.

The more risks a pet has in these categories, the more pet insurance companies might charge for the pet owner’s monthly premium. If you have an older pet, then pet owners may also face higher premiums than other age groups to account for what could happen in the future (such as senior-related health issues).

Yes, but there is usually a waiting period before you can make your first claim. You can ask the provider to waive this waiting period if you are willing to pay higher pet insurance premiums.

Most pet insurance companies will only cover pets who live within the country. If you want to purchase dog insurance for your pet and they currently reside in another country, then they may need to make a permanent move back to the country before you can file an application with most pet insurers.

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