The 10 Best Cheap Pet Insurance Options for Under $20 a Month

The 10 Best Cheap Pet Insurance Options for Under $20 a Month: A Comprehensive Guide

When it comes to providing our furry friends with the care they need, pet insurance can be a lifesaver. With so many options available, it can be overwhelming to choose the best one for your pet without breaking the bank. The good news is that affordable pet insurance options do exist, and we’ve put together a list of the top 10 cheap pet insurance options for under $20 a month.

Having a pet is a big responsibility, and as such, it’s essential to be prepared for any unexpected veterinary expenses. According to the American Pet Products Association, the average cost of owning a pet in the United States is around $1,500 per year. With pet insurance, you can rest assured that your pet will receive the best possible care without stressing about the financial burden. In this article, we’ll explore the top cheap pet insurance options for under $20 a month.

Pet Insurance: Understanding the Basics

Before diving into the list of pet insurance options, it’s essential to understand the basics. Pet insurance is designed to help pet owners offset the cost of veterinary expenses, such as vaccinations, surgeries, and medications. Most pet insurance policies provide coverage for accidents, illnesses, and routine care. When choosing a pet insurance policy, it’s crucial to consider the following:

• Coverage limits: Look for policies with coverage limits that match your pet’s needs.
• Deductibles: A higher deductible means lower premiums, but you’ll need to pay more out-of-pocket when making a claim.
• Co-payments: The percentage of the claim amount you’ll need to pay.
• Pre-existing conditions: Some policies may exclude coverage for pre-existing conditions.
• Network providers: Check if the insurance provider has a network of providers in your area.

Now that you know the basics, let’s dive into the top 10 cheap pet insurance options for under $20 a month.

The Top 10 Cheap Pet Insurance Options for Under $20 a Month

1. Pets Best: Pets Best is a well-established pet insurance provider that offers affordable rates for cats and dogs. Their basic plan starts at $14.95 a month and covers accidents and illnesses. Additional coverage for wellness and preventative care can be added for an additional $3.95 per month.

The Pros:

Affordable rates, flexible plan options, and a large network of providers.

The Cons:

Higher deductible options may not be suitable for all pet owners.

2. **PetFirst**: PetFirst is another reliable pet insurance provider that offers a range of plans tailored to different budgets. Their basic plan starts at $9.95 a month and covers accidents and illnesses. Additional coverage for dental care and wellness can be added for an additional $2.95 per month.

The Pros:

Budget-friendly rates, comprehensive coverage options, and a quick claims process.

The Cons:

Some pet owners may find the deductible options limiting.

3. **National Pet Insurance**: National Pet Insurance is a trusted pet insurance provider that offers three different plans: Accident & Illness, Accident & Wellness, and Wellness Only. Their basic plan starts at $12.99 a month and covers accidents and illnesses.

The Pros:

Affordable rates, simple claims process, and flexible plan options.

The Cons:

Some pet owners may find the coverage limits for wellness care restrictive.

4. **Healthy Paws**: Healthy Paws is a highly-rated pet insurance provider that offers comprehensive coverage for cats and dogs. Their basic plan starts at $16.45 a month and covers accidents, illnesses, and wellness care.

The Pros:

90-day waiting period, flexible plan options, and a high-quality network of providers.

The Cons:

Higher deductible options may be limiting for some pet owners.

5. **Pumpkin**: Pumpkin is a pet insurance provider specifically designed for cats and kittens. Their basic plan starts at $9.85 a month and covers accidents and illnesses. Additional coverage for wellness and preventative care can be added for an additional $2.65 per month.

The Pros:

Affordable rates, 100% reimbursement option, and a comprehensive coverage.

The Cons:

Limited provider network and no coverage for pre-existing conditions.

6. **Trupanion**: Trupanion is a highly-regarded pet insurance provider that offers comprehensive coverage for dogs and cats. Their basic plan starts at $20 a month and covers accidents, illnesses, and wellness care.

The Pros:

90-day waiting period, flexible plan options, and a high-quality network of providers.

The Cons:

Higher deductible options and limited coverage for pre-existing conditions.

7. **PetPlan**: PetPlan is a pet insurance provider that offers a range of plans tailored to different budgets. Their basic plan starts at $15 a month and covers accidents and illnesses. Additional coverage for dental care and wellness can be added for an additional $3 a month.

The Pros:

Affordable rates, comprehensive coverage options, and a simple claims process.

The Cons:

Some pet owners may find the deductible options limiting.

8. **Pets Specialized Insurance**: Pets Specialized Insurance is a pet insurance provider that offers comprehensive coverage for cats and dogs. Their basic plan starts at $14 a month and covers accidents, illnesses, and wellness care.

The Pros:

Affordable rates, 100% reimbursement option, and a comprehensive coverage.

The Cons:

Limited provider network and no coverage for pre-existing conditions.

9. **Nationwide Pet Insurance**: Nationwide Pet Insurance is a well-established pet insurance provider that offers three different plans: Whole Pet with Wellness, Whole Pet, and Accident-Only. Their basic plan starts at $15 a month and covers accidents and illnesses.

The Pros:

Comprehensive coverage options, flexible plan options, and a simple claims process.

The Cons:

Higher deductible options may be limiting for some pet owners.

10. **PetInsurance.com**: PetInsurance.com is a pet insurance provider that offers affordable rates and comprehensive coverage. Their basic plan starts at $10 a month and covers accidents and illnesses.

The Pros:

Affordable rates, comprehensive coverage options, and a simple claims process.

The Cons:

Limited provider network and no coverage for pre-existing conditions.

When choosing a pet insurance provider, it’s essential to consider your pet’s individual needs, your budget, and the provider’s network of providers. By researching and comparing the top pet insurance options, you’ll be able to find a policy that fits your unique situation. Remember, even with affordable pet insurance options, it’s crucial to prioritize your pet’s care and health.

**Frequently Asked Questions**

What is the best pet insurance for under $20 a month?

The best pet insurance for under $20 a month will depend on your pet’s individual needs, your budget, and the provider’s network of providers. We recommend exploring the top pet insurance options listed above and comparing the coverage, deductibles, and co-payments.

What is the average cost of pet insurance?

The average cost of pet insurance varies depending on the provider, your pet’s breed, age, and health, and the coverage level. On average, the cost of pet insurance for cats and dogs can range from $10 to $50 per month.

Is pet insurance worth it?

Pet insurance can be worth it if you’re not prepared to pay for unexpected veterinary expenses out-of-pocket. Even with affordable rates, pet insurance can help you provide the best possible care for your pet, without financial stress.

What is the best pet insurance for older pets?

Older pets may require more frequent veterinary visits and additional care. We recommend looking for pet insurance providers that offer coverage for older pets, such as Pets Best and Healthy Paws.

Remember, finding the right pet insurance provider is crucial in providing your furry friend with the best possible care, without breaking the bank. By considering your pet’s individual needs, your budget, and the provider’s network of providers, you’ll be able to find a policy that fits your unique situation.