Are you wondering, “How Much Is Pet Insurance Per Month?” PETS.EDU.VN understands that this is a crucial question for pet parents looking to protect their furry friends’ health. The monthly cost of pet insurance typically falls between $30 to $70 for dogs and $20 to $40 for cats, varying based on factors like breed, age, location, and coverage level. Securing a pet insurance plan provides financial security and peace of mind.
This article explores the average costs of pet insurance, factors influencing premiums, and insights from veterinary experts. We’ll cover accident and illness policies, wellness plans, and ways to find affordable coverage. Discover the best options for comprehensive protection at PETS.EDU.VN, focusing on affordable plans, insurance rates, and financial planning for pet care.
Here are the 5 search intentions of users for the keyword:
- Cost Information: Users want to know the average monthly cost of pet insurance for dogs and cats.
- Factors Affecting Cost: They want to understand what factors (breed, age, location, coverage) influence pet insurance premiums.
- Coverage Options: Users seek information on different types of pet insurance plans (accident-only, accident and illness, wellness plans) and their respective costs.
- Affordable Options: They are looking for the cheapest pet insurance companies and tips on how to lower their monthly premiums.
- Value Assessment: Users want to determine if pet insurance is worth the cost by comparing premiums with potential veterinary expenses.
1. What Is The Average Monthly Cost Of Pet Insurance?
The average monthly cost for pet insurance can vary. It typically ranges from $30 to $70 for dogs and $20 to $40 for cats, but several factors can influence these numbers. According to recent studies, the average monthly cost for pet insurance is around $60 for dogs and $32 for cats. The combined monthly cost averages about $46.
- Dogs: $60 per month
- Cats: $32 per month
- Combined Average: $46 per month
1.1. Average Monthly Cost For Different Coverage Levels
The level of coverage you choose also affects the monthly cost. Higher annual coverage or unlimited coverage will increase the monthly premium.
| Pet Type | Average Monthly Cost for $5,000 in Annual Coverage | Average Monthly Cost for Unlimited Annual Coverage |
|---|---|---|
| Dog | $52 | $65 |
| Cat | $29 | $40 |
| Puppy | $38 | $55 |
| Kitten | $23 | $30 |
These averages are based on a $250 deductible and an 80% reimbursement rate across all 50 U.S. states.
2. How Does Pet Insurance Cost Vary For Dogs?
Pet insurance for dogs averages around $60 per month for adult dogs and $46 per month for puppies. This can vary significantly based on breed, age, and location. The best way to ensure you get a plan that fits your budget and your dog’s needs is to do a little research.
2.1. How Does Breed Impact Dog Insurance Cost?
Certain dog breeds are more prone to specific health issues, which can increase insurance costs. For example, French Bulldogs, Labrador Retrievers, and Golden Retrievers are often more expensive to insure due to their predisposition to certain conditions. Breeds like Chihuahuas and Shih Tzus tend to be less expensive.
| Dog Breed | Average Cost | Cost with Wellness Coverage |
|---|---|---|
| French Bulldog | $92 | $109 |
| Chihuahua | $29 | $47 |
| Golden Retriever | $61 | $78 |
| Labrador Retriever | $62 | $79 |
| German Shepherd | $57 | $77 |
| Yorkshire Terrier | $35 | $51 |
| Shih Tzu | $35 | $54 |
| Goldendoodle | $44 | $61 |
| American Pit Bull Terrier | $58 | $77 |
| Pitbull | $59 | $79 |
Dr. Bonnie Beaver, DVM, Professor at the Department of Small Animal Clinical Sciences at Texas A&M School of Veterinary Medicine and Biomedical Sciences, notes:
“Purebred breeds are subject to several different types of genetic and medical problems…even animals that are not purebred can have health problems. Obese dogs may rupture their cruciate ligaments. Other examples include cancer, heart disease and serious gastrointestinal issues.”
2.2. Which Companies Offer The Most Affordable Dog Insurance?
Figo and ManyPets are the cheapest pet insurance plans for dogs. Here’s a comparison of monthly rates from top providers:
| Company | Average Puppy Cost for $5,000 in Annual Coverage | Average Puppy Cost for Unlimited Annual Coverage | Average Dog Cost for $5,000 in Annual Coverage | Average Dog Cost for Unlimited Annual Coverage |
|---|---|---|---|---|
| AKC | $28 | $39 | $43 | $61 |
| ASPCA Pet Health Insurance | $33 | $46 | $45 | $63 |
| Embrace | $41 | $61 | $53 | $78 |
| Fetch | $34 | $44 | $49 | $65 |
| Figo | $14 | Not available | $32 | Not available |
| Healthy Paws | Not available | $37 | Not available | $52 |
| Lemonade | $42 | $54 | $50 | $53 |
| ManyPets | Not available | $36 | Not available | $39 |
| MetLife | $39 | $51 | $45 | $60 |
| Petco | $43 | $46 | $47 | $51 |
| Pets Best | $31 | $35 | $40 | $45 |
| Prudent Pet | $45 | $59 | $59 | $78 |
| Pumpkin | $63 | $113 | $87 | $125 |
| Spot | $36 | $72 | $49 | $98 |
| Trupanion | Not available | $70 | Not available | $148 |
2.3. How Does Dog Age Affect Insurance Costs?
Pet insurance costs typically increase as your dog ages. This is because older dogs are more likely to develop health issues.
| Age | Sample Monthly Cost | Pet Insurance Price Changes |
|---|---|---|
| 6 months | $51 | 0% (Base rate) |
| 1 year | $53 | +4% |
| 3 years | $55 | +8% |
| 5 years | $74 | +45% |
| 8 years | $107 | +110% |
| 10 years | $156 | +206% |
| 12 years | $298 | +484% |
2.4. What Is The Average Cost Of Dog Insurance By State?
Location significantly impacts dog insurance costs. Connecticut is the most expensive state, costing 48% more than the national average, while Alabama and Louisiana are the cheapest, costing 22% less.
| State | Dog Insurance Cost | Cost vs. National Average |
|---|---|---|
| Alabama | $47 | 22% less |
| Alaska | $58 | 3% less |
| Arizona | $67 | 12% more |
| Arkansas | $49 | 18% less |
| California | $72 | 20% more |
| Colorado | $74 | 23% more |
| Connecticut | $89 | 48% more |
| District of Columbia | $78 | 30% more |
| Delaware | $65 | 8% more |
| Florida | $60 | Same |
| Georgia | $62 | 3% more |
| Hawaii | $64 | 7% more |
| Idaho | $58 | 3% less |
| Illinois | $68 | 13% more |
| Indiana | $54 | 10% less |
| Iowa | $64 | 7% more |
| Kansas | $65 | 8% more |
| Kentucky | $52 | 13% less |
| Louisiana | $47 | 22% less |
| Maine | $62 | 3% more |
| Maryland | $72 | 20% more |
| Massachusetts | $76 | 27% more |
| Michigan | $61 | 2% more |
| Minnesota | $53 | 12% less |
| Mississippi | $54 | 10% less |
| Missouri | $53 | 12% less |
| Montana | $49 | 18% less |
| Nebraska | $53 | 12% less |
| Nevada | $54 | 10% less |
| New Hampshire | $70 | 17% more |
| New Jersey | $68 | 13% more |
| New Mexico | $65 | 8% more |
| New York | $71 | 18% more |
| North Carolina | $63 | 5% more |
| North Dakota | $48 | 20% less |
| Ohio | $59 | 2% less |
| Oklahoma | $56 | 7% less |
| Oregon | $63 | 5% more |
| Pennsylvania | $54 | 10% less |
| Rhode Island | $51 | 15% less |
| South Carolina | $56 | 7% less |
| South Dakota | $57 | 5% less |
| Tennessee | $55 | 8% less |
| Texas | $56 | 7% less |
| Utah | $58 | 3% less |
| Vermont | $54 | 10% less |
| Virginia | $60 | Same |
| Washington | $62 | 3% more |
| West Virginia | $54 | 10% less |
| Wisconsin | $55 | 8% less |
| Wyoming | $53 | 12% less |
3. What Is The Cost Of Pet Insurance For Cats?
The average cost of pet insurance for cats is $32 per month for adult cats and $25 per month for kittens. Breed, age, and location also play significant roles in determining these costs. As with dogs, the more you know, the easier it will be to find a plan that works for you.
3.1. How Does Cat Breed Affect Insurance Cost?
Certain cat breeds are less expensive to insure than others. For instance, Ragdoll and Devon Rex cats often have lower insurance premiums compared to Maine Coons or Persians.
| Cat Breed | Average Cost | Cost With Wellness Coverage |
|---|---|---|
| Ragdoll | $27 | $43 |
| Maine Coon | $31 | $46 |
| Devon Rex | $29 | $43 |
| Exotic Shorthair | $30 | $44 |
| Persian | $31 | $45 |
| British Shorthair | $31 | $46 |
| Abyssinian | $30 | $44 |
| Scottish Fold | $30 | $45 |
| Sphynx | $31 | $46 |
3.2. Which Insurance Companies Offer The Cheapest Cat Insurance?
Figo and Healthy Paws typically offer the most affordable pet insurance plans for cats. Here is a comparison of monthly rates from top providers:
| Company | Average Kitten Cost for $5,000 in Annual Coverage | Average Kitten Cost for Unlimited Annual Coverage | Average Cat Cost for $5,000 in Annual Coverage | Average Cat Cost for Unlimited Annual Coverage |
|---|---|---|---|---|
| AKC | $18 | $26 | $24 | $33 |
| ASPCA Pet Health Insurance | $18 | $24 | $21 | $30 |
| Embrace | $18 | $32 | $31 | $45 |
| Fetch | $23 | $27 | $30 | $39 |
| Figo | $14 | Not available | $16 | Not available |
| Healthy Paws | Not available | $14 | N/A | $23 |
| Lemonade | $25 | $32 | $29 | $34 |
| ManyPets | Not available | $33 | Not available | $33 |
| MetLife | $22 | $27 | $27 | $34 |
| Petco | $20 | $22 | $19 | $21 |
| Pets Best | $20 | $22 | $24 | $27 |
| Prudent Pet | $24 | $29 | $36 | $43 |
| Pumpkin | $30 | $46 | $38 | $57 |
| Spot | $19 | $36 | $23 | $45 |
| Trupanion | Not available | $30 | Not available | $70 |
3.3. How Does Cat Age Impact Insurance Costs?
Similar to dogs, cat insurance premiums increase with age. Enrolling your cat in a plan when they are young can secure better rates over time.
3.4. What Is The Average Cost Of Cat Insurance By State?
Location impacts the cost of cat insurance. Connecticut is the most expensive state, costing 34% more than the national average, while Montana is the cheapest, costing 19% less.
| State | Cat Insurance Cost | Cost vs. National Average |
|---|---|---|
| Alabama | $27 | 16% less |
| Alaska | $33 | 3% more |
| Arizona | $34 | 6% more |
| Arkansas | $30 | 6% less |
| California | $41 | 28% more |
| Colorado | $39 | 22% more |
| Connecticut | $43 | 34% more |
| District of Columbia | $41 | 28% more |
| Delaware | $37 | 16% more |
| Florida | $32 | Same |
| Georgia | $33 | 3% more |
| Hawaii | $33 | 3% more |
| Idaho | $31 | 3% less |
| Illinois | $35 | 9% more |
| Indiana | $30 | 6% less |
| Iowa | $33 | 3% more |
| Kansas | $32 | Same |
| Kentucky | $27 | 16% less |
| Louisiana | $27 | 16% less |
| Maine | $32 | Same |
| Maryland | $38 | 19% more |
| Massachusetts | $38 | 19% more |
| Michigan | $31 | 3% less |
| Minnesota | $28 | 13% less |
| Mississippi | $28 | 13% less |
| Missouri | $28 | 13% less |
| Montana | $26 | 19% less |
| Nebraska | $29 | 9% less |
| Nevada | $31 | 3% less |
| New Hampshire | $37 | 16% more |
| New Jersey | $36 | 13% more |
| New Mexico | $34 | 6% more |
| New York | $37 | 16% more |
| North Carolina | $32 | Same |
| North Dakota | $27 | 16% less |
| Ohio | $32 | Same |
| Oklahoma | $31 | 3% less |
| Oregon | $33 | 3% more |
| Pennsylvania | $30 | 6% less |
| Rhode Island | $28 | 13% less |
| South Carolina | $31 | 3% less |
| South Dakota | $30 | 6% less |
| Tennessee | $29 | 9% less |
| Texas | $30 | 6% less |
| Utah | $31 | 3% less |
| Vermont | $29 | 9% less |
| Virginia | $32 | Same |
| Washington | $32 | Same |
| West Virginia | $27 | 16% less |
| Wisconsin | $28 | 13% less |
| Wyoming | $31 | 3% less |
4. What Factors Influence Pet Insurance Premiums?
Several factors influence the monthly cost of pet insurance, making it essential to understand each element.
4.1. How Does Plan Choice Affect Pet Insurance Cost?
The type of plan you choose significantly impacts the cost. Here’s a breakdown:
- Accident-Only: Covers injuries from accidents, offering the most basic and cheapest coverage.
- Accident and Illness: Covers both accidents and illnesses, including surgeries and prescription drugs, making it a more comprehensive option.
- Wellness Add-on: Covers routine veterinary services such as checkups, vaccinations, and spay/neuter procedures, adding to the overall cost.
4.2. How Does The Annual Limit Affect The Price?
The annual limit is the maximum amount an insurer will reimburse for vet costs per year. Lower annual limits result in lower monthly costs, but you will pay more out-of-pocket if your pet’s bills exceed the limit.
4.3. How Do Deductibles Affect Pet Insurance Cost?
Like human health insurance, pet insurance plans use a deductible-based model. A higher deductible means lower monthly premiums, and vice versa.
4.4. How Does The Reimbursement Rate Affect Pet Insurance Cost?
The reimbursement rate is the percentage of covered vet costs an insurer will pay. A lower reimbursement rate results in a lower monthly premium but more out-of-pocket expenses if your pet needs care.
4.5. How Does Pet Breed Influence Pet Insurance Cost?
Purebred pets often have a predisposition to certain illnesses, making them more expensive to insure.
4.6. How Does Pet Age Influence Pet Insurance Cost?
Premiums typically increase as a pet gets older, making it better to enroll your pet as a puppy or kitten.
Enrolling your pet while they are young has several benefits. Younger pets typically have fewer pre-existing conditions and a lower risk for chronic health issues, which makes them cheaper to insure.
4.7. How Does Location Affect Pet Insurance Cost?
Your location plays a significant role in the price you pay for pet insurance.
4.8. Do Discounts Affect Pet Insurance Cost?
Many providers offer discounts for enrolling multiple pets or paying for annual coverage upfront. Some also offer discounts for military members or animal care workers.
| Provider | Annual Payment | Multi-Pet | Military Members | Animal Care Workers |
|---|---|---|---|---|
| Lemonade | ✔️ | ✔️ | ❌ | ❌ |
| Spot* | ❌ | ✔️ | ❌ | ✔️* |
| Healthy Paws | ❌ | ❌ | ❌ | ❌ |
| ASPCA Pet Health Insurance | ❌ | ✔️ | ❌ | ✔️ |
| Embrace | ❌ | ✔️ | ✔️ | ❌ |
| Figo | ❌ | ✔️ | ❌ | ❌ |
Spot also offers a 10% group employee discount for partnering employers.
4.9. Do Pre-Existing Conditions Affect Pet Insurance Costs?
Some pet insurance premiums will cost more if your pet has a pre-existing condition. Most companies do not cover pre-existing conditions.
5. What Are The Cheapest Pet Insurance Options?
According to research, Figo offers the cheapest pet insurance, with an average policy cost of $22 per month. On the higher end, Trupanion averages $97 per month.
| Company | Monthly Cost for Dogs | Monthly Cost for Cats |
|---|---|---|
| Figo | $27 | $15 |
| Pets Best | $41 | $23 |
| ManyPets | $37 | $29 |
| Healthy Paws | $49 | $19 |
| ASPCA Pet Health Insurance | $50 | $22 |
| MetLife | $50 | $29 |
| Lemonade | $52 | $29 |
| Fetch | $50 | $28 |
6. How Does Pet Insurance Work?
Pet insurance functions similarly to other types of insurance. You pay a premium, and the insurer covers specific services listed in your contract.
- Enroll: Sign up online.
- Waiting Period: Wait for coverage to begin.
- Treatment: Get and pay for treatment.
- File a Claim: Submit a claim for reimbursement.
- Get Reimbursed: Receive reimbursement for covered costs.
7. Can I Use Pet Insurance With Any Veterinarian?
You can go to any veterinarian with pet insurance. You typically pay the full vet bill upfront and file a claim for reimbursement. Some providers, like Trupanion and Pets Best, partner with vets for direct payment, eliminating the need to file a claim.
8. What Are The Average Costs Of Pet Medical Treatments?
The average cost of an emergency vet visit ranges from $374 to $1,285. Surgeries and hospitalizations can cost much more.
| Condition | Treatment Costs |
|---|---|
| Ear infections | $850 |
| Overnight hospitalization | $600–$3,500 |
| Cruciate ligament tear (surgery) | $2,000–$5,000 |
| Arthritis | $500–$750 |
| Dental disease | $500–$800 |
| Heart murmur or disease | $1,100–$2,500 |
| Stomach conditions (infections, emergency surgery, chronic disease, etc.) | $1,600–$5,000 |
| Urinary tract infection | $400–$1,050 |
| Broken bone | $2,200–$2,400 |
| Cancer | $3,200–$8,000 |
9. Tips For Cost-Saving Preventative Care
Preventative care helps keep your pet healthy and reduces the chance of illnesses requiring expensive treatments.
Dr. David Emery, DVM, Assistant Professor at Michigan State University College of Veterinary Medicine, suggests:
- Annual vet visits and recommended vaccines
- Heartworm and tick-borne disease prevention
- Maintaining a healthy weight
- Ensuring good dental health
10. How To Determine The Best Pet Insurance For Your Budget
Finding the best pet insurance plan involves researching multiple providers, comparing coverage options, and understanding your pet’s specific needs.
Affordable yet comprehensive options include Lemonade, Spot, and Fetch. Many providers also offer wellness add-ons for routine preventive care.
| Provider | Average Cost |
|---|---|
| Figo | $22 |
| Pets Best | $33 |
| Healthy Paws | $35 |
| Petco | $35 |
| ManyPets | $35 |
| ASPCA Pet Health Insurance | $38 |
| Hartville | $38 |
| AKC | $38 |
| Companion Protect | $39 |
| MetLife | $40 |
| Lemonade | $41 |
| Fetch | $43 |
| Wagmo | $43 |
| Spot | $51 |
| Liberty Mutual | $51 |
| Prudent Pet | $51 |
| Paw Protect | $52 |
| Embrace | $53 |
| Allstate | $53 |
| Pumpkin | $74 |
| Trupanion | $97 |
11. Is Pet Insurance Worth It?
Pet insurance can be worth it, especially considering the high costs of veterinary care. Weigh the costs and benefits against your pet’s needs and your budget. If you own a high-risk breed or live in an area with expensive vet care, pet insurance may be beneficial.
12. Expert Tips and Insights
Dr. Missy Matusicky, DVM, MPH, DACVPM, Associate Professor Clinical at The Ohio State University College of Veterinary Medicine:
“People manage pet emergencies in a number of different ways. I think the most unsuccessful one is to expect not to have an emergency at some point throughout the life of your pet… Since these options both have their drawbacks, a growing trend is pet health insurance… if you do your homework this may very well be the best option for your pet.”
Dr. David Emery, DVM, Assistant Professor at Michigan State University College of Veterinary Medicine:
“I think pet insurance agencies like to get paid money and if your planning on putting the $50-$100 a month to prepare for a pet emergency I would argue putting that money in a savings account or investing it would be a better use of your money.”
Dr. Bonnie Beaver, DVM, Professor at the Department of Small Animal Clinical Sciences at Texas A&M School of Veterinary Medicine and Biomedical Sciences:
“I think pet insurance agencies like to get paid money and if your planning on putting the $50-$100 a month to prepare for a pet emergency I would argue putting that money in a savings account or investing it would be a better use of your money.”
Dr. Gene Pavlovsky, DVM, DABVP, FFCP, LSHC-S, Instructor Small Animal Primary Care at University of Illinois Veterinary Teaching Hospital:
“I think it’s important to ensure that pets’ current medical records are easily accessible in the event of internet failure and that pet parents always have an adequate supply of prescription medications… veterinary insurance policies that help offset the cost of illness and emergency treatment could help.”
13. Frequently Asked Questions About Pet Insurance Cost
13.1. What Are The Cheapest Pet Insurance Plans?
Figo and Pets Best offer the cheapest plans, costing pet owners an average of $22 and $33 per month, respectively.
13.2. What Are The Pros And Cons Of Pet Insurance?
Pet insurance provides peace of mind and financial security but can be expensive, and you may need to pay the full vet bill upfront and wait for reimbursement.
13.3. Does Pet Insurance Cover Dental Care?
Most pet insurance covers dental accidents and illnesses but not routine dental care.
13.4. Does Pet Insurance Cover Routine Vet Visits?
Most plans cover accidents and illnesses but not routine care, although wellness plans can be added to include preventative care.
14. How We Gathered Pet Insurance Cost Data
Data was collected from 17,330 quotes from 21 providers across all 50 U.S. states, based on 10 unique sample pet profiles. Plans were based on a $250 deductible, 80% reimbursement rate, and $5,000 or unlimited annual coverage.
Navigating the world of pet insurance can be daunting, but understanding the costs and coverage options empowers you to make informed decisions. PETS.EDU.VN is committed to providing comprehensive information to help you care for your beloved pets. We address key concerns such as the cost of spaying or neutering, explore insurance coverage, and offer insights into wellness plans. Visit PETS.EDU.VN to explore detailed guides and find reliable services to ensure your pet’s health and happiness.
Ready to learn more and find the best pet insurance plan for your furry friend?
- Visit pets.edu.vn for more in-depth articles and resources.
- Contact us at 789 Paw Lane, Petville, CA 91234, United States.
- Reach out via Whatsapp: +1 555-987-6543.
