When it comes to protecting your furry friends without breaking the bank, cheap pet insurance companies can be a lifesaver. These providers offer affordable plans that cover essential veterinary expenses such as accidents, illnesses, and sometimes even routine care. By choosing a budget-friendly option, pet owners can ensure their pets receive timely medical attention without facing overwhelming costs.
Affordable pet insurance doesn’t necessarily mean sacrificing quality. Many low-cost insurers provide customizable plans, allowing you to select coverage that fits your pet’s needs and your financial situation. From basic accident-only policies to more comprehensive packages, these companies make it easier for you to manage unexpected vet bills while maintaining peace of mind.
Here is our quick list of the top cheap pet insurance companies
1- NationWide: Best cheap pet insurance
Nationwide’s pet insurance plans can range from $15 to $55 per month for dogs according to Nationwide. This company offers a range of plans with annual limits ranging from $2,500 to unlimited. Nationwide offers a 5% discount for two to three animals and a 10% discount for four or more.
Nationwide offers coverage for dogs, cats, and many other animals. It has different plans to choose from, including a comprehensive Whole Pet with Wellness plan that covers accidents, illnesses, and routine care. However, it may cost more than other plans. Customers have mixed Nationwide Pet Insurance Reviews about reliability, price, and claims process. Nationwide is the only provider in our rating to offer coverage for animals other than cats, dogs, and horses.
2- Embrace: Cheap pet insurance that covers everything
Embrace pet insurance cost varies depending on factors like the type, age, and gender of the animal, as well as the benefit limit, deductible, and reimbursement rate of the plan. The average monthly premium for a dog is about $30-$40, and for a cat is about $15-$20. Embrace also charges a one-time enrollment fee of $25 and a $1 monthly processing fee for those who pay monthly. This company offers maximum annual coverage of $5,000, $10,000, or unlimited. Embrace offers a 5% discount for each additional animal you insure with them.
Embrace Insurance is a provider based in Cleveland Ohio that sells policies for dogs and cats. They were founded in 2003 and are underwritten by American Modern Home Insurance Company. Embrace has an A+ rating with the BBB, consistently positive online reviews, and is known for broad coverage and fast payouts.
3- Lemonade: Cheaper pet insurance
Lemonade pet insurance cost varies depending on several factors, such as the animal’s age, breed, size, medical history, location, and the costs of veterinary care in the area. The policy premiums are billed monthly and range from $15 to about $120. The average monthly premiums are $48 for cats and dogs. Also, the average cost of Lemonade insurance is $55 per month for $100,000 of annual coverage, a $500 deductible, and a 90% reimbursement level. it offers annual maximum coverage of up to $5,000, $10,000, $20,000, $50,000, or $100,000 per year.
The best pet insurance company for dogs in 2024 is Lemonade. However, it’s important to note that the best company for your dog may depend on factors such as your dog’s breed, age, location, and specific needs.
Lemonade cover the treatment costs for a variety of accidents and illnesses for cats and dogs. Lemonade sells insurance for cats and dogs online. It boasts the lowest rates for puppies and kittens among the top providers. If you want pet insurance at a low monthly cost, Lemonade is worth considering thanks to its competitive rates. See Lemonade pet insurance reviews, pros and cons.
4- Paw Protect: Best affordable pet insurance
Paw Protect Pet Insurance, founded in 2023 and administered by Embrace Pet Insurance, is a modern solution aimed at eliminating the financial stress of upfront vet payments. Its standout feature, InstantPay, allows owners to receive reimbursement while still at the vet clinic, making it especially appealing for emergencies or those with limited savings. The coverage is broad—accidents, illnesses, hereditary and chronic conditions, and even alternative therapies are included—making it ideal for owners of young, healthy pets who want flexibility and comprehensive protection. Paw Protect Pet Insurance Rewiews
Despite its innovative approach, Paw Protect has some limitations. It doesn’t cover pre-existing conditions or routine care unless you opt for the Wellness Rewards add-on, and it lacks a mobile app, which may be a drawback for tech-savvy users. Claims processing can be slower than competitors, though the company is gaining attention for its customer-friendly features and customizable plans. With average monthly premiums around $61 for dogs and $32 for cats, it offers a balanced mix of affordability and coverage, especially for those who value convenience and direct payment options.
4- Spot: Best for older dogs
Spot pet insurance costs an average of $45 per month for $5,000 in annual coverage for a dog, or $59 a month for an unlimited annual limit. How much you pay for Spot pet insurance will depend on the annual limit, deductible, and reimbursement percentage you choose. Also, the average cost of Spot is $59 a month for unlimited annual coverage, a $500 deductible, and a 90% reimbursement level. This company offers maximum annual coverage of $2,500, $3,000, $4,000, $5,000, $7,000, $10,000, $15,000, $20,000 or unlimited.
Spot offers coverage for dogs and cats of all ages. So Spot is the best for older dogs. They offer accident-only coverage, accident and illness coverage, and wellness coverage. It also offers a 30-day money-back guarantee.
5- Pumpkin: Most affordable
Pumpkin pet insurance costs an average of $50 per month for $5,000 in annual coverage for a dog, a $250 deductible, and an 80% reimbursement level. Also, it reimburses 90% of all covered vet bills after you’ve met your deductible. This company offers maximum annual coverage of $10,000, $20,000 or unlimited.
Pumpkin Pet Insurance offers comprehensive coverage for animals, including dental and some pre-existing conditions. It has a good selection of coverage options for a wide range of animal problems and medical expenses, including vet exam fees, surgeries, and dental illnesses.
Pumpkin is the best pet insurance that covers everything. There’s no maximum age limit for animals to apply, and all breeds are covered. Pumpkin has an easy online quote tool and customer portal. However, it may have higher prices and lack of customization compared to other providers. Its insurance for dogs is more expensive than its pet insurance for cats.
6- ASPCA: Affordable for cats
ASPCA pet insurance costs an average of $45 a month for $5,000 of annual coverage, a $250 deductible, and an 80% reimbursement level. The average cost is $56 per month for unlimited coverage, a $500 deductible, and a 90% reimbursement level. This company offers plans with annual limits ranging from $5,000 to unlimited.
ASPCA offers a 30-day money-back guarantee, that covers behavioral problems, prescription foods, poison consultation fees, cremation or burial, and some accident and illness exam fees.
They also offer discounts for multi-pet households and have no upper age limit. However, it’s important to note that there are some exclusions and limitations to their coverage. For example, they don’t cover pre-existing conditions or routine care such as vaccinations and check-ups. You can find more information on their website.
7- Healthy Paws: Affordable and covers everything
According to Forbes Advisor, Healthy Paws pet insurance costs an average of $56 per month for unlimited annual coverage with a $100 deductible and 80% reimbursement level. There are no per-condition, annual, or lifetime payout caps. This company offers unlimited annual coverage and reimbursement choices of 70%, 80%, or 90%.
Healthy Paws offers comprehensive coverage with no caps or limits for accidents and illnesses. They have an A+ rating and accreditation from the BBB. Many customers praise its positive customer service and smooth claims processing. However, Healthy Paws might not be best for older animals, since it does not offer customizable policies for animals six years or older. Other providers, such as Lemonade or Embrace, might be alternative options for older animals.
8- Figo: Best affordable for dogs and cats
Figo pet insurance costs an average of $45 per month for $5,000 of annual coverage, a $250 deductible, and an 80% reimbursement level. The average cost is $55 per month for unlimited coverage, a $500 deductible, and a 90% reimbursement level. Figo offers three plans that cover the same illnesses and injuries but have different annual payout limits: $5,000, $10,000, and unlimited. This company offers maximum annual coverage of $10,000, $20,000 or unlimited.
Figo Pet Insurance offers customizable coverage for dogs and cats, with options for annual benefits, reimbursement percentages, annual deductibles, and add-on features. Figo claims to have a fast, easy claims process and friendly customer service. They have a BBB rating of B and are one of the only pet insurance companies to offer up to 100% reimbursement. Figo allows you to visit any licensed vet anywhere in the world. Some customers are very pleased with Figo and their payments, while others are upset with their policies.
9- Costco( Pets Best): Inexpensive pet insurance 2025
PetsBest provides Costco pet insurance. Its best feature is that it offers great choices of deductibles. Costco pet insurance through Figo costs an average of $44 per month for $5,000 of annual coverage, a $250 deductible, and an 80% reimbursement level. The average cost is $55 per month for unlimited coverage, a $500 deductible, and a 90% reimbursement level.
Costco does not offer pet insurance. However, they do offer discounted cheapest pet insurance through their partnership with PetsBest. PetsBest offers comprehensive coverage for dogs and cats, with options for annual benefits, reimbursement percentage, annual deductible, and add-on features.
They have an A+ rating and accreditation from the BBB. Many customers praise its positive customer service and smooth claims processing. But, Pets Best might not be best for older animals, since it does not offer customizable policies for animals six years or older. Other providers, such as Lemonade or Embrace, might be alternative options for older animals
10- ManyPets: Cheap cat insurance
ManyPets pet insurance costs an average of $36 per month for unlimited annual coverage with a $500 deductible and 90% reimbursement level. However, the cost depends on various factors, including your animal’s breed, age, location, and selected plan. ManyPets accident and illness policy starts at $20 per month for puppies and $15 per month for kittens. Policies for adult dogs usually run between $30-40 on average, while policies for adult cats run an average of $20-25 per month. This company offers unlimited annual coverage and reimbursement choices of 70% or 80%.
How We Review
Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy. We consider coverage, discounts, financial strength ratings from AM Best, and more to determine our star ratings. Companies that cover a wide range of potential expenses, offer customization options and have strong financial ratings receive higher scores.
Remember, choosing the right pet insurance is essential to protect your furry (or feathered) friend’s health and well-being!
Disclaimer: The information provided here is for informational purposes only. Always review the policy details and consult with a professional before making any decisions regarding pet insurance.
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