An excellent way to add some financial security if you have a pet is by having pet insurance. It helps shield you against having to bear the expensive cost of vet bills anytime your furry friend falls sick or is injured. Even though most pet insurance providers have a standard foundation comprising basic coverage, some providers still go the extra length. There may also be some differences in prices and benefits.

We have listed the five best pet insurance providers to understand these factors. Let us get started and address them one by one.

Healthy Paws

They have a single but comprehensive pet insurance plan, covering illnesses and accidents with no payout limits and an annual deductible. They also reduce the reimbursement level or increase the deductible to lessen the premium amount. In addition, they offer alternative care for pets that comprises chiropractic care, acupuncture, and hydrotherapy. However, they do not cover behavioral concerns, vet exams, and wellness expenses. They have a mobile application available, which makes buying coverage plans seamless. The sample premium for cats starts at $12.71 and for dogs is $39.10.

American Society for the Prevention of Cruelty to Animals (ASPCA)

If you are looking for the best pet insurance providers, ASPCA can be a good pick. Famous for their congenital and hereditary illness coverage, they have no age limit for enrolment if there are no pre-diagnosed conditions. Moreover, Curable, pre-existing conditions can be covered if the pet shows no symptoms for 180 days. You can get preventive and illness and accident care and accident-only plans for dogs and cats. In some states, they also insure horses. They have some of the most affordable premium rates in the industry and flexible policy terms compared to others. With some improvement in their web interface, ASPCA is good to go.

Spot

It is a go-to option for pet parents seeking an affordable accident-only insurance plan. Compared to the other competitors in the market, Spot’s policies are pretty customizable. Their annual limit goes from $2500 to unlimited. Hence, you can find the ideal coverage amount at a pocket-friendly rate. In addition, they also cover a few extra items that are absent in other pet insurance providers, such as microchipping and exam fees. Since ASPCA and Spot utilize the same underwriter, the overall coverage is more or less the same. With them, you can get an accident and illness plan and an accident-only plan, depending on your requirements. Some conditions they cover are heart diseases, cancer, and dental diseases. Pre-existing conditions are not a part of the coverage.

Pet Assure

Even though Pet Assure is not one of those standard pet insurance providers, its flexibility and low cost make it one of the top picks. Their monthly fee is low, and they offer coverage for all kinds of pets. There are no deductibles or annual limits. You can get a plan for a dog, a cat, and a family plan covering animals, regardless of their size. There are also unlimited plans covering all the pets in your household. A great thing about them is that there is no waiting period. Their plans are pretty affordable, and there is no deductible too. To save further, you can opt for the annual billing option. Their plans cover discounted veterinary services and treatments for pre-existing conditions, preventive care, illness, and accidents. Unfortunately, they cover just twenty-five percent of the cost, and prescriptions are excluded.

Lemonade

Given the excellent coverage and reasonable pricing strategy, Lemonade is considered one of the best pet insurance options. The provider has put a lot of thought into offering the customers a top-notch experience, and it is evident, too. Lemonade has a $100000 annual coverage option and covers routine wellness, illnesses, and accidents. You can select the co-pays that fit your budget. If you bundle pet insurance with home insurance from the provider, you can get a 10 percent discount.