How Much Pet Insurance Cost? Pet insurance cost depends on several factors, including the pet’s species, breed, age, and location. The good news is that PETS.EDU.VN is here to guide you through understanding these costs and finding the most suitable and affordable coverage to ensure your beloved companion receives the best possible care without breaking the bank. Let’s dive into pet insurance premiums, insurance coverage and financial protection.
1. Understanding the Average Cost of Pet Insurance
The cost of pet insurance can vary, but knowing the averages can help you budget. Generally, pet insurance costs around $60 monthly for dogs and $32 monthly for cats. This average considers a mix of breeds, ages, and coverage levels. It’s useful to remember that these are just averages, and your actual premium might be higher or lower. According to research data, the combined monthly cost for insuring both a dog and a cat is about $46.
| 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 |
Note: Average costs are calculated across all 50 U.S. states for sample pet profiles, with plans from 21 providers using a $250 deductible and an 80% reimbursement rate.
2. Pet Insurance Costs for Dogs
The cost of pet insurance for dogs generally averages around $60 per month for adult dogs and approximately $46 for puppies. However, these prices can fluctuate based on various factors, mainly the dog’s breed, age, and your location.
2.1. Dog Insurance Cost by Breed
A dog’s breed significantly influences insurance costs because certain breeds are predisposed to specific health issues. French Bulldogs, Labrador Retrievers, and Golden Retrievers are among the most expensive breeds to insure due to their higher risk of genetic conditions. On the other hand, smaller breeds like Chihuahuas and Shih Tzus typically have lower premiums because they tend to have fewer serious health concerns.
According to Dr. Bonnie Beaver, a DVM professor at Texas A&M School of Veterinary Medicine, purebred breeds are subject to different types of genetic and medical problems.
| 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 |
Note: The most popular dog breeds were determined by analyzing over 35,000 marketplace records from PetInsurer in 2023.
2.2. Pet Insurance Cost for Dogs by Company
The cost of dog insurance varies across different companies. Based on reviews, Figo and ManyPets generally offer some of the most affordable plans.
| 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. Dog Insurance Cost by Age
As dogs age, pet insurance costs typically increase. It is generally more economical to enroll your dog in a plan as a puppy or as early as possible to secure lower rates before potential health issues arise. Some insurers have maximum age limits for enrolling pets, but they may continue coverage if you enroll before your pet reaches this limit.
2.4. Average Dog Insurance Cost by State
Location plays a vital role in determining the cost of your dog’s insurance. Connecticut is the most expensive state, costing 48% more than the national average of $60 monthly. Conversely, Alabama and Louisiana are the least expensive, at 22% less than the average.
| 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. How Much Is Pet Insurance for Cats?
For cats, pet insurance averages about $32 per month for adult cats and $25 per month for kittens. Similar to dogs, the exact cost can change based on the cat’s breed, age, and geographic location.
3.1. Cat Insurance Cost by Cat Breed
Different cat breeds have different insurance costs. Breeds like Ragdolls and Devon Rexes often have lower premiums compared to breeds like 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. Cat Insurance Cost by Provider
When looking for affordable cat insurance, Figo and Healthy Paws often come up as some of the cheapest options. It’s wise to compare monthly rates from different providers to find the best deal.
| 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. Cat Insurance Cost by Age
Like dogs, the age of your cat affects insurance premiums. Insuring a cat when it’s a young kitten can lead to lower premiums over time. Starting early helps ensure you get the best value and price in the long run. Also, some companies may have age limits for new policies.
3.4. Average Cat Insurance Cost by State
Where you live also impacts the cost of cat insurance. Connecticut tends to be the most expensive state, while Montana is generally the least expensive.
| 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. Factors That Influence Pet Insurance Costs
Several elements impact how much you’ll pay for pet insurance. Understanding these can help you make informed decisions about coverage.
4.1. Plan Choice
Pet owners typically have a choice between accident-only plans, accident and illness plans, and wellness add-ons.
- Accident-Only: This basic plan covers only injuries from accidents.
- Accident and Illness: This comprehensive plan covers both accidents and illnesses, including surgeries, X-rays, and prescription drugs.
- Wellness Add-On: This optional add-on covers routine veterinary services like check-ups, vaccinations, and dental cleanings.
The more inclusive your plan, the higher your premium.
4.2. Annual Limit
The annual limit is the maximum amount an insurer will reimburse for vet costs in a year. Lower annual limits mean lower monthly costs, but you’ll pay more out-of-pocket if your pet’s vet bills exceed that limit.
4.3. Deductibles
Like human health insurance, pet insurance plans use deductibles. The higher the deductible, the lower the monthly premium, and vice versa.
4.4. Reimbursement Rate
The reimbursement rate is the percentage of covered vet costs that the insurer will pay. Choosing a lower reimbursement rate lowers your monthly premium but increases your out-of-pocket expenses when your pet needs care.
4.5. Pet Breed
Purebred pets can be more prone to illnesses, leading to higher veterinary costs. As a result, owners of purebred animals often pay more for insurance.
4.6. Pet Age
Premiums usually increase as a pet ages. Most insurers allow enrollment starting at six weeks old, with some having maximum age limits. Enrolling while your pet is young can lock in lower rates and better coverage terms.
| 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% |
4.7. Location
Your geographic location influences insurance costs due to factors like local veterinary costs and climate-related risks. States like Connecticut and Massachusetts tend to have higher premiums, while Louisiana and Alabama have lower ones.
4.8. Discounts Offered
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. Pre-Existing Conditions
Most pet insurance policies do not cover pre-existing conditions. Some insurers may increase your pet’s quote because of such conditions.
5. Finding the Cheapest Pet Insurance
Figo is often cited as one of the most affordable pet insurance companies, with average policies around $22 per month. Comparing different companies can help you find the best rates and coverage.
| Company | Star Rating | Monthly Cost for Dogs | Monthly Cost for Cats |
|---|---|---|---|
| Figo | 4.5 | $27 | $15 |
| Pets Best | 4.7 | $41 | $23 |
| ManyPets | 4.1 | $37 | $29 |
| Healthy Paws | 3.9 | $49 | $19 |
| ASPCA Pet Health Insurance | 4.5 | $50 | $22 |
| MetLife Pet Insurance | 4.3 | $50 | $29 |
| Lemonade | 4.4 | $52 | $29 |
| Fetch Pet Insurance | 4.4 | $50 | $28 |
6. How Pet Insurance Works
Pet insurance functions similarly to other types of insurance. You pay a premium, and the insurer covers specific costs outlined in your policy.
- Enroll: Sign up for a plan online or via phone.
- Waiting Period: Wait for coverage to begin. This usually ranges from a few days to a couple of weeks.
- Treatment: Take your pet for treatment and pay the bill.
- File a Claim: Submit a claim to the insurance provider.
- Reimbursement: Receive reimbursement for covered costs, minus any deductible and according to your reimbursement rate.
7. Veterinarian Acceptance of Pet Insurance
Most veterinarians accept pet insurance. Typically, you pay the vet bill upfront and then file a claim with your insurance company for reimbursement. Some providers, like Trupanion and Pets Best, partner with vets for direct payment, reducing your upfront costs.
8. Average Costs of Pet Medical Treatments
Emergency vet visits can range from $374 to $1,285, while surgeries and hospitalizations can cost much more. Common conditions like ear infections and diarrhea can still result in bills reaching hundreds of dollars.
| 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 | $1,600 – $5,000 |
| Urinary Tract Infection | $400 – $1,050 |
| Broken Bone | $2,200 – $2,400 |
| Cancer | $3,200 – $8,000 |
| State | Average Vet Visit Cost |
|---|---|
| Alabama | $61.26 |
| Alaska | $80.06 |
| Arizona | $79.28 |
| Arkansas | $68.06 |
| California | $71.45 |
| Colorado | $77.72 |
| Connecticut | $93.44 |
| Delaware | $76.41 |
| Florida | $60.41 |
| Georgia | $67.10 |
| Hawaii | $69.28 |
| Idaho | $67.72 |
| Illinois | $70.89 |
| Indiana | $74.39 |
| Iowa | $60.74 |
| Kansas | $56.09 |
| Kentucky | $61.30 |
| Louisiana | $63.33 |
| Maine | $81.08 |
| Maryland | $80.65 |
| Massachusetts | $85.06 |
| Michigan | $52.78 |
| Minnesota | $76.94 |
| Mississippi | $70.55 |
| Missouri | $65.94 |
| Montana | $55.72 |
| Nebraska | $55.00 |
| Nevada | $65.44 |
| New Hampshire | $75.32 |
| New Jersey | $87.11 |
| New Mexico | $66.79 |
| New York | $84.72 |
| North Carolina | $66.67 |
| North Dakota | $62.97 |
| Ohio | $58.43 |
| Oklahoma | $53.44 |
| Oregon | $65.94 |
| Pennsylvania | $65.91 |
| Rhode Island | $79.17 |
| South Carolina | $73.00 |
| South Dakota | $60.58 |
| Tennessee | $64.56 |
| Texas | $66.81 |
| Utah | $70.11 |
| Vermont | $73.54 |
| Virginia | $69.67 |
| Washington | $79.74 |
| West Virginia | $64.28 |
| Wisconsin | $71.11 |
| Wyoming | $61.42 |
8.1. Cost-Saving Preventative Care Tips
Preventative care can keep your pet healthy and reduce the need for costly treatments. According to Dr. David Emery, DVM, an assistant professor at Michigan State University College of Veterinary Medicine, there are four effective preventative measures:
- Annual vet visits and following the recommended vaccine protocol
- Testing and prevention for heartworm and tick-borne diseases
- Maintaining a healthy weight for your pet
- Ensuring good dental health
9. Finding the Best Pet Insurance for Your Budget
Multiple providers operate nationwide, allowing you to find a plan that fits your budget and your pet’s needs. Compare coverage options and services, keeping in mind that the cheapest plan may not always be the best if it doesn’t provide adequate coverage.
| 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 |
10. Is Pet Insurance Worth It?
Pet insurance can be a worthwhile investment, providing peace of mind and financial security. Weigh the costs and benefits against your pet’s specific needs and your financial situation. If you own a high-risk breed or live in an area with high veterinary costs, pet insurance may be particularly beneficial.
Missy Matusicky DVM, MPH, DACVPM, Associate Professor Clinical at The Ohio State University College of Veterinary Medicine suggests having a credit card specifically for pets or budgeting for pet emergencies.
11. Expert Insights on Pet Insurance
Experts offer varied perspectives on pet insurance. While some emphasize its value in managing unexpected costs, others suggest alternatives like savings accounts. Consider these insights when deciding.
Dr. Bonnie Beaver DVM, Professor at Texas A&M School of Veterinary Medicine, suggests that setting aside money in a savings account or investing might be a better use of your money than paying insurance premiums.
12. Frequently Asked Questions About Pet Insurance Costs
12.1. Which Pet Insurance Companies Offer the Cheapest Plans?
Figo and Pets Best often offer the most affordable plans for both cats and dogs.
12.2. What Are the Pros and Cons of Pet Insurance?
Pet insurance provides financial security but can be expensive. Also, most providers don’t pay vets directly, requiring upfront payment.
12.3. Does Pet Insurance Cover Dental Care?
Most pet insurance plans cover dental accidents and illnesses but not routine dental care, unless you choose an add-on.
12.4. Does Pet Insurance Cover Routine Vet Visits?
Most plans only cover accidents and illnesses, not routine care, unless you add a wellness plan to your policy.
13. How Pet Insurance Cost Data Was Gathered
The cost data was compiled from 17,330 quotes across 21 providers in all 50 U.S. states, based on 10 unique sample pet profiles. These profiles included plans with a $250 deductible, 80% reimbursement rate, and both $5,000 and unlimited annual coverage.
At PETS.EDU.VN, we understand the importance of making informed decisions about your pet’s health and well-being. That’s why we provide comprehensive resources and expert advice on pet insurance, healthcare, and overall pet care.
Ready to find the best pet insurance plan for your furry friend? Visit pets.edu.vn today to explore our in-depth guides, compare top providers, and get personalized recommendations. Ensure your pet receives the best care possible without straining your budget. Contact us at 789 Paw Lane, Petville, CA 91234, United States, or WhatsApp at +1 555-987-6543. Your pet’s health is our priority
Here are five search intents related to the keyword “how much pet insurance cost”:
- Informational: Users seeking general information about the average costs of pet insurance.
- Comparative: Users comparing the costs of pet insurance across different providers.
- Specific: Users looking for cost information related to specific breeds or types of pets.
- Local: Users interested in pet insurance costs in their specific geographic location.
- Value-Oriented: Users trying to determine if pet insurance is worth the cost.
