How to Find the Best Pet Insurance Companies
When shopping for a pet insurance policy, consider how much it covers, what benefits you can customize, and how much it will cost. Some companies offer free online tools, while others charge fees for online applications. When choosing a pet insurance policy, read the fine print carefully to avoid surprises. Many companies offer discounts for employees, but be aware that the deductibles and coverage limits aren’t customizable. Some companies also require a 12-month waiting period for cruciate ligament injuries.
Spot
While Spot offers some advantages over competitors, they have a few limitations. While the company does not have breed restrictions, you should consider that your pet’s premium may rise over time if he or she develops a health condition. You must submit your pet’s veterinarian records to get a spot quote. You can apply for Spot pet insurance online and can live anywhere in the US. You will need to provide basic information, such as your pet’s name and breed, e-mail address, and ZIP code.
The Spot pet insurance policy covers the costs of treatments for covered conditions and diseases. Certain treatments are excluded, such as those that are not FDA-approved. Breeding and pregnancy costs are not covered, nor are cosmetic procedures, veterinary consultation fees, and dog food. Other exclusions, such as pre-existing conditions, hereditary problems, or behavioral issues, may apply. Spot also emphasizes honesty and transparency, a major plus for many consumers.
One benefit of Spot pet insurance is its comprehensive accident and illness coverage. The company also covers other benefits, such as acupuncture and microchipping. Other pet insurance providers may not offer such benefits. Additionally, the policies of Spot are underwritten by the United States Fire Insurance Company, a company established in 1822. Another notable feature is that the Crum & Forster Pet Insurance Group has an A+ rating with AM Best.
A 10% multi-pet discount is available to Spot policyholders. This discount is much higher than the usual discounts offered by other pet insurance providers. Furthermore, the insurance company gives employees a 10% discount. If your pet is insured under Spot, you can also get a $25 Amazon gift card. Its annual deductible is also reasonable. The company also offers a money-back guarantee of 30 days. It is also easy to cancel a policy without filing a claim.
Embrace
Embrace pet insurance is an Ohio-based company that offers personalized and comprehensive pet health insurance. Wellness Rewards are designed to reimburse clients for routine and preventative care. The company is a member of the North American Pet Health Insurance Association and is one of the few pet health insurance companies with a diminishing deductible. The company continues to innovate and provide a range of services to pet owners. The American Veterinary Medical Association has recognized it as one of the top pet health insurance companies in the United States.
Embrace’s customer service team is available to answer questions or address problems. Their representatives are available Monday through Friday from 9 a.m. to 8 p.m. ET. Customers can also submit documents online through their customer portal. The American Modern Insurance Group underwrites embrace. The company has an A+ financial stability rating. The insurer has also received a Superior rating from AM Best, a credit rating company.
Embrace’s policies feature an attractive discount program. Included in all policies, the Healthy Pet Deductible allows pet owners to reduce their annual deductible by $50 each year without a claim. The Healthy Pet Deductible also reduces the annual deductible to zero, saving pet owners money when an illness occurs. However, it’s important to remember that the company cannot reimburse your pet for prescription food or supplements.
As a bonus, Embrace offers military discounts and multi-pet discounts. However, rates are dependent on where you live. Additionally, the older your pet is, the higher the premiums. The best way to compare prices is to compare Embrace’s prices in your area. You should know that older pets may be eligible only for accident-only plans. Embrace also excludes pre-existing conditions, and coverage is unavailable for chronic diseases. You can adjust your premium annually to ensure you pay the lowest amount.
Figo
Whether you have a dog or a cat, Figo pet insurance may be a good fit for your family’s financial situation. This company provides a wide range of coverage options, and its customer support team is available through social media and phone seven days a week. Figo does not set a maximum claim limit, unlike other insurance companies, and will pay a full benefit if your dog or cat needs treatment. It also offers 24/7 access to licensed veterinarians for emergency treatment.
Unlike most pet insurance companies, Figo does not require a formal exam to apply for coverage. Instead, it requests annual health exam records from a licensed veterinarian twelve months before the policy begins. Suppose the policy begins later than this date. In that case, Figo may use the first documented vet examination after the policy has been issued to determine whether the pet is currently suffering from pre-existing conditions. Whether your pet is healthy or not is up to you, but it is important to get a veterinarian’s advice before deciding on a plan.
As an added benefit, Figo partners with other companies to provide you with a GPS collar for your dog. This will help you find your dog in an emergency or if it runs off independently. GPS tracking is also useful for tracking your dog if he or she has a dog walker. Many pet insurance policies have limited coverage areas; Figo is available in all 50 states. This makes Figo an excellent choice for pet owners who live in rural areas.
Figo’s comprehensive policies cover accidents, hereditary conditions, and illnesses. It also covers veterinary exam fees, costs, alternative therapies, and specialist care. Figo will not deny treatment for an age-related illness, unlike some pet health insurance companies. You can choose the deductible level that fits your lifestyle and budget best. It also offers an easy-to-understand interface that makes signing up for a policy simple.
Pets Best
While shopping around for a pet insurance policy, consider the features that are most important to you. Most top pet insurance companies offer various wellness add-ons to provide additional benefits for your pet. You can also tailor your policy to cover certain treatments that may be expensive for your pet. Insuring your pet for unexpected costs can save you a lot of money, and you can customize it to meet your specific needs. Read on for tips on choosing the best pet insurance plan for your needs.
The most important features to consider when choosing the best pet insurance plan for your pet are the deductibles and the coverage each policy offers. In Pets Best’s case, you’ll pay a low deductible for an accident-only plan with a $10,000 annual limit. This plan also covers a $250 deductible, starting at $6 a month for dogs and $9 for cats. Accident-only plans typically have a three-day waiting period, but if you get your pet sick or have an accident, the plan will pay the vet bill.
Figo’s policy is one of the best options. Despite its relatively high cost, this insurer provides 100% reimbursement for covered vet bills. Most other pet insurance companies only reimburse 90 percent of vet bills, but Figo’s plan gives you unlimited coverage and allows you to choose between $5,000, $10,000, and unlimited annual benefits. It also offers a range of useful add-ons, including liability coverage and lost pet advertising. In addition to offering unlimited coverage, Figo has a free trial period.
Healthy Paws
Founded in 2009 by Rob Jackson and Steve Siadek, Healthy Paws is a pet insurance company that provides coverage for emergency medical bills for your dog or cat. The company works with Aon Corporation, one of the world’s largest insurance brokers, to provide the policy to pet owners. The plans are underwritten by the Chubb Group, a major insurer with over $25 billion in surplus. Healthy Paws has one of the highest customer satisfaction ratings and many positive reviews from happy customers.
There are various benefits to Healthy Paws pet insurance, but one major drawback is the lack of discounts. Most pet insurance providers offer discounts to multiple pet owners, ranging from five to fifteen percent. In addition, Healthy Paws does not offer a 24/7 customer support center, so if you are unsure whether Healthy Paws is right for you, be sure to shop around and compare policies from other companies.
Among the benefits of Healthy Paws is that it has a 15-day waiting period for accidents and 12 months for illness. You can even travel out of state or country with the plan, but there are certain restrictions. Healthy Paws does not cover a cat or dog’s health problems abroad, but it does cover your dog’s expenses for veterinary care while traveling. You should also be aware that the premiums for Healthy Paws will increase as veterinary costs rise. If you are dissatisfied with the policy, you can cancel it 14 days before the next payment is due.
In addition to the benefits, Healthy Paws also offers a pet wellness plan. While it may not cover surgery costs, these benefits are often only needed once in your pet’s lifetime. That means they can be used for procedures in advance, allowing you to budget accordingly. And Healthy Paws’ benefits complement one another. While many insurance policies include the same benefits as Healthy Paws, some are better than others.