Compare Pet Insurance in US

While having a pet gives one of the greatest pleasures in life, it is also a responsibility of the pet owner to aid best medical care for their pet in the best possible manner in the event of an accident or illness. Just like we choose the best medical insurance plan for ourselves it is wise to choose the best insurance for your pet companion too.

Here is a comparison of the various types of pet insurance plans in USA:

Veterinary Pet Insurance (VPI)

VPI is the oldest and the largest pet health insurer in the USA. Commanding a market share of 61 per cent. Founded in 1980 by veterinarians, VPI’s unique features include:  

  • 9 out of 10 veterinarians recognise VPI
  • The basic VPI plan covers medical problems and conditions relating to accidents, illnesses and injuries.
  • Basic plan pays 90 per cent of approved claim as per standard benefit schedule
  • $ 50 annual deductible
  • Per incident and per diagnosis limit
  • Rates vary by breed
  • Premium increases with pet ageing

Hartville Group Pet Insurance

Founded in 1997, the Hartville Group Inc. provides pet insurance under three brands; Hartville Pet Insurance, Petshealth Care Plan, and the ASPCA Pet Health Insurance. Points which differentiate Hartville from the rest:

  • 80 per cent disbursements of usual and covered charges
  • Any licensed vet in USA or Canada
  • The Basic Plan covers accidents and illnesses; spaying and neutering
  • $ 100 annual deductible

PetHealth Inc

Founded in 1998, Pet Health Inc. provides medical insurance to pet owners for their pets. The insurance brand of Pet Health; Pet Health has the following unique features:

  • Flexible range of plans to meet different needs and budgets
  • Unlimited lifetime accident coverage
  • Coverage for hereditary conditions available
  • Premiums do not increase due to pet ageing
  • Pays 70 – 100 per cent of approved claim depending on monthly rate
  • $ 50 annual deductible

PetFirst Healthcare

Founded in 2004, PetFirst Healthcare is an innovative pet insurance provider offering easy to understand accident and illness coverage for dogs and cats.

Here are a few features which makes it unique:

  • 90 – 100 per cent reimbursement
  • $ 50 per incident deductible
  • Per incident and annual limits
  • Rates do not vary by breeds
  • Premiums do not increase due to pet ageing

Pets Best Pet Insurance

Founded in 2005, by former veterinarian Dr. Jack Stephens, founder of VPI and the entire pet insurance industry in the USA. Here are the differentiating factors:

  • 80 per cent reimbursement after deductible
  • Pet owner can choose any vet anywhere
  • $100 deductible in pets basic plan
  • Covers accidents and illnesses to $7,500; advertising & reward to $ 250; Kennel fees to $250
  • No annual limits
  • No age restrictions

Petplan Pet Insurance

Founded in 1976, Petplan is an international pet insurance provider and is present in USA and UK. What sets Petplan apart from other pet insurance providers is:

  • Covers hereditary conditions without dollar or time limits
  • No dollar or time limits per condition
  • Treatment for alternative therapies covered
  • 70 – 90 per cent reimbursement
  • $ 50 - $ 200 per incident deductible
  • Unique flexible policy framework
  • Rates vary by breeds
  • Premiums increase due to pet ageing

Trupanion Pet Insurance

Founded in 2008, Trupanion offers pet insurance in US and Canada. Following are the unique features:

To match the pet owner’s affordability, premiums are adjusted to their needs

  • 90 per cent reimbursement
  • $ 0 - $ 1000 per incident deductible
  • No payout limits
  • Rates vary by breeds
  • Premiums do not increase due to pet ageing

Embrace Pet Insurance

Started in 2003, this is one of the best pet insurance plans especially for budget conscious pet owners. Here is what sets Embrace apart from others:

  • Use any licensed vet
  • 65 – 90 per cent reimbursement
  • $ 500 annual deductible
  • No per incidence limits
  • $ 100 - $ 500 per incident deductible
  • Annual limits
  • Rates vary by breeds
  • Premiums increase due to pet ageing
  • Tailor-made  pricing

Purina Pet Insurance

It is a wholly owned subsidiary of Nestlé Purina PetCare Company. it is known to be launched in 2008. It has the following salient features:

  • 80 per cent reimbursement
  • $100 - $ 1000 per incident deductible
  • Annual limits
  • Rates vary by breeds
  • Premiums increase due to pet ageing

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