There are lots of bills to pay in taking care of a pet which includes the cost of bills like routine wellness visits, accidents, illnesses, and more. Most of the thing requires medical care and it can cost a lot. A several of a pet life requires pet owners to pay for medical treatments and more. This is more of the reason why pet insurance is the right step to take in insuring the life of a pet or your pet. However, pet insurance works similar to human health insurance which helps to cover the cost of medical care for your pet. Learn more about the Pet Insurance cost.
According to the director of the North American Pet Health Insurance Association, says, “Your Pet is among the member of your family.” It’s also said, that a lot of pet owners want to provide the best care for their pets as with family members. However, you might be wondering is it worth insuring a pet or how much does pet insurance cost. First of all, in determining the cost of pet health insurance, factors like limits, deductibles, and others can affect the cost of pet health premiums. We will provide you with some of the top best pet insurance companies of 2022.
Is it worth insuring a pet?
If you’re wondering, is it worth insuring a pet, or is pet insurance worth it? Yes. Just like the way we human beings are, we do fall ill, and the cost of medication and treatment is usually high. This is more of the reason why people have a health insurance policy to help cover the expenses of treatment and medication. This same also apply to animals or pet, having a pet insurance policy helps to cover the treatment cost and more. Therefore, every pet owner should consider pet insurance for the pet. For those that believe that they have enough money to cover veterinary costs, you still need pet insurance.
How much is average monthly pet insurance?
Based on the information provided by the North American Pet Health Insurance Association, the average monthly cost of pet insurance is about $50 for dogs and $28 for cats. This includes pet insurance plans that cover both accidents and illnesses.
Also, from the comparison of various largest pet insurance companies, we were able to deduct that the average monthly cost for a pet insurance plan comes with a range of $24 to $85 for dogs and for cats, $9 to $30. For monthly premiums plan, it cost as low as $10 to $100 or higher. But there is a price range of $30 to $50 per month with amazing coverage.
Factors that include pet’s age, species, breed, location & coverage selected affect your cost of insurance rates. For accident and illness policies, the average cost pet insurance is usually higher for dogs which makes it more expensive than cats.
List of Best Pet Insurance for Dogs & Cats 2022
There is a wide range of the largest pet insurance that offers you amazing pet insurance plans for different breeds of dogs and cats. Here is the following list of the best pet insurance providers of 2022:
- Healthy Paws
- Trupanion
- Pets Best
- Embrace Pet Insurance
- ASPCA Pet Health
- PetFirst Pet Insurance
- Figo
- Petplan
- Nationwide
- Lemonade Pet Insurance
Pet Insurance Comparison Chart 2022
| Company | Monthly Cost for Dogs | Monthly Cost for Cats |
| Healthy Paws | $39.10 | $12.71 |
| Trupanion | $63.31 | $28.06 |
| Pets Best | $18.80 | $11.13 |
| Embrace Pet Insurance | $24.16 | $11.65 |
| ASPCA Pet Health Insurance | $32.21 | $18.41 |
| PetFirst Pet Insurance | $23.19 | $12.35 |
| Figo | $22.15 | $23.40 |
| Petplan | N/A | N/A |
| Nationwide | $60.52 | $35.45 |
Top Pet Insurance Providers for Cats
- Lemonade Pet Insurance
- Spot
- Healthy Paws
- Embrace
- Prudent
- ASPCA
- Pawp
- Petplan
To find the cheapest pet insurance cost, you need to compare the price and rate across all the various largest pet insurance companies available to you.