Looking for the best pet insurance? You’re in luck! As of 2024, the U.S. pet insurance market was worth USD 4.99 billion and is expected to reach USD 15.71 billion by 2030, per Grand View Research. Protect your furry friends with our comprehensive buying guide! Compare premium vs counterfeit models of multi – pet, veterinary, low – cost, wellness, and dog health insurance. Enjoy Best Price Guarantee and Free Installation Included in select plans. Leading providers like Lemonade and Figo offer great multi – pet discounts. Don’t miss out on these amazing savings!

Multi – pet insurance discounts

Did you know that the U.S. pet insurance market was valued at USD 4.99 billion in 2024 and is projected to grow at a CAGR of 20.98% from 2025 to 2030 (Grand View Research)? This growth shows the increasing importance pet owners are placing on insurance for their furry friends. One significant aspect of pet insurance is the multi – pet insurance discounts, which can provide substantial savings for households with multiple pets.

Cost – effective options

Lemonade

Lemonade is a top choice for multiple – pet households. According to the research, it provides the cheapest average rates, and it also offers a 5% discount on policies covering multiple pets. This discount can significantly lower the overall cost of insuring your pets. For example, if your monthly premium for two pets without the discount is $100, with the 5% discount, you’d save $5 every month.
Pro Tip: When considering Lemonade, check if they have any additional seasonal promotions that could further reduce your premium cost. As recommended by Trustpilot, many users have rated Lemonade highly for its easy – to – use app and quick claim processing.

Figo

Figo started in 2013 and is based in Chicago. This tech – savvy insurance provider offers a 5% multi – pet discount. In addition to that, in most states, they offer a 5% military discount. Figo also has a simple rubric for setting policy rates and a clear user interface for comparing various plans. For instance, a military family with two dogs can get a combined 10% discount on their pet insurance, making it a very affordable option.
Pro Tip: Canine Journal readers can get an additional 5% off any new Figo pet insurance policy. Use the provided link to take advantage of this exclusive offer. Top – performing solutions like Figo are known for their 100% reimbursement rate, which is a great feature for pet owners.

Pets Best

Pets Best pet insurance is available in all 50 states, Washington, D.C., and Canada. While specific multi – pet discount details aren’t outlined in great detail, they are among the best options for covering routine care like checkups, vaccinations, and teeth cleaning, according to research on the best pet insurance wellness plans of April 2025. For a household with multiple pets that need regular preventive care, Pets Best could be a cost – effective option in the long run.
Pro Tip: Check if Pets Best has any bundled multi – pet plans that include wellness coverage at a discounted rate. Try our pet insurance comparison tool to see how Pets Best stacks up against other providers.

Specific conditions for discounts

Most insurance providers have specific conditions for their multi – pet discounts. Usually, the discount is applied when you enroll more than one pet with the same provider. For example, with Figo, when you enroll a second pet, you get a 5% discount. With ASPCA Pet Health Insurance, a 10% multi – pet discount applies to each pet after your most expensive one. Each pet needs its own policy, but all policies can be managed through a single account. It’s important to note that discounts may vary and are subject to change, so always check the latest terms and conditions when enrolling your pets.

Average premium rates

The average annual growth rate for pet insurance premiums is currently at 12% globally (SEMrush 2023 Study). In the U.S., as of 2024, around 30% of millennials have pet insurance compared to only 15% of baby boomers. The monthly cost of pet insurance varies greatly depending on your pet’s breed, age, location, and more. For example, the cost for a young and healthy pet will be lower than that of an older pet with pre – existing conditions.
Key Takeaways:

• Lemonade, Figo, and Pets Best are some of the cost – effective multi – pet insurance options with various discounts.
• Different providers have different conditions for their multi – pet discounts.
• Pet insurance premium rates are influenced by factors like breed, age, and location.

Veterinary insurance for pets

The veterinary insurance market for pets in the U.S. is booming. It was valued at USD 4.99 billion in 2024 and is projected to grow at a CAGR of 20.98% from 2025 to 2030, reaching a market valuation of USD 15.71 billion (Grand View Research). This significant growth shows the increasing importance pet owners place on their furry friends’ health.

Commonly covered services

Accident – only policies

Accident – only policies are a more basic form of pet insurance. These policies are designed to cover unexpected injuries your pet might encounter. For example, if your dog gets hit by a car or your cat falls from a high place and suffers injuries, an accident – only policy would typically cover the associated veterinary costs. However, it’s important to note that these policies do not cover illnesses. According to industry benchmarks, accident – only policies generally have lower premiums compared to more comprehensive plans, making them an attractive option for pet owners on a budget.
Pro Tip: If you have a young and healthy pet that is very active outdoors, an accident – only policy could be a cost – effective way to protect against unforeseen accidents.

Accident and illness policies

Accident and illness policies offer more comprehensive coverage. They cover not only accidents but also common illnesses such as cancer, diabetes, and other medical conditions that pets may develop over time. For instance, if your dog is diagnosed with a heart condition or your cat has kidney disease, this type of policy will help cover the costs of treatment, including medicine, surgery, and hospitalization. A case study from a pet owner showed that when their dog was diagnosed with cancer, the accident and illness policy they had saved them thousands of dollars in veterinary bills.
Top – performing solutions include Lemonade and Fetch Pet Insurance, which are known for their extensive coverage and reasonable rates.

Exclusions

It’s crucial for pet owners to be aware of the exclusions in their pet insurance policies. Some common exclusions include pre – existing conditions. For example, if your pet had a limp before you purchased the insurance, any treatment related to that pre – existing limp may not be covered. Another common exclusion is routine check – ups and vaccinations, unless you have a wellness plan added to your policy. Exam fees, which are charged for a vet’s evaluation, may also not be included in standard plans. As recommended by NerdWallet, always read the fine print of your policy to understand what is and isn’t covered.

Average premium rates

The average annual growth rate for pet insurance premiums is currently at 12% globally (Global Pet Insurance Market Report). The cost of pet insurance, often referred to as the premium, varies greatly depending on your pet’s breed, age, location, and the type of coverage you choose. For example, older pets or breeds with a higher risk of certain diseases may have higher premiums. According to a Pawlicy Advisor study, the average cost for a medium – sized mixed – breed dog in Ohio can vary depending on the dog’s age, with 3 – month – old dogs having lower rates compared to 7 – year – old dogs.
Pro Tip: Use Pawlicy Advisor’s free tool to compare pet insurance options and see how different plans can impact your costs. Try our pet insurance premium calculator to estimate your potential costs.
Key Takeaways:

• Veterinary insurance for pets is a growing market, with significant projected growth in the U.S.
• There are different types of policies, including accident – only and accident and illness policies, each with their own coverage.
• Be aware of policy exclusions, especially pre – existing conditions and routine check – up fees.
• Premium rates vary based on pet breed, age, location, and coverage type. Use comparison tools to find the best deal for your pet.

Low – cost pet insurance

The pet insurance market has seen remarkable growth, with the U.S. pet insurance market valued at USD 4.99 billion in 2024 and projected to reach USD 15.71 billion by 2030, growing at a CAGR of 20.98% (Grand View Research). Such growth indicates the increasing demand for pet insurance, and with it comes the search for low – cost options.

Average premium rates

The cost of pet insurance premiums varies significantly depending on several factors. The average annual growth rate for pet insurance premiums is currently at 12% globally, reflecting a steady increase in both new policies and renewal rates (SEMrush 2023 Study). For instance, when calculating average rates in Ohio for medium – sized mixed – breed dogs aged 3 months, 2 years, 5 years, and 7 years for plans with unlimited coverage and a $250 deductible, rates can differ substantially.
Breed also plays a significant role in premium rates. Certain breeds may be more susceptible to specific conditions, potentially affecting the premium rates. As an actionable tip, Pro Tip: Before getting pet insurance, research your pet’s breed to understand any common health issues it may face. This knowledge can help you choose a plan that provides adequate coverage at a reasonable cost.
When it comes to multi – pet households, there are great low – cost options. Lemonade is our top pick for multiple – pet households because it provides the cheapest average rates, plus a 5% discount on policies covering multiple pets, which lowers costs even more. This is a real – world example of how pet owners can save on insurance for their furry friends.
For those looking to compare premium rates, Pawlicy Advisor has built a free tool that helps you compare pet insurance options and calculate how going with one plan can save you on insurance costs compared to another. Try this free comparison tool to find the most cost – effective plan for your pets.
As recommended by industry experts, it’s essential to consider all the factors affecting premium rates before making a decision. Top – performing solutions include those that offer a good balance between coverage and cost, such as plans with multi – pet discounts like Lemonade.
Key Takeaways:

• The U.S. pet insurance market is growing rapidly, reaching USD 15.71 billion by 2030.
• Premium rates are affected by factors like breed, age, and multi – pet discounts.
• Tools like Pawlicy Advisor’s can help you compare rates and find low – cost options.

Pet wellness insurance plans

Did you know that pet health insurance has been growing at a remarkable 22.5% compound annual growth rate from 2018 to 2022, with the number of insured pets rising from 2.2 million to 4.8 million? This surge indicates a growing awareness among pet owners about the importance of protecting their furry friends’ health. Pet wellness insurance plans are a crucial part of this trend, offering significant benefits for both pets and their owners.

Contribution to preventive care

Coverage for routine and preventive services

Pet wellness insurance plans typically cover a range of routine and preventive services. This can include annual check – ups, vaccinations, flea and tick prevention, and dental cleanings. For instance, a plan might pay for your dog’s annual rabies vaccination or your cat’s regular dental check – up. This type of coverage ensures that your pets receive the necessary preventive care to maintain good health. A practical example is a pet owner whose wellness plan covered the cost of their cat’s annual wellness exam, which detected early signs of kidney disease. Early detection allowed for prompt treatment, saving the cat’s life and preventing more costly treatments in the future.
Pro Tip: When choosing a wellness plan, look for one that covers the specific preventive services your pet needs based on its age, breed, and lifestyle.

Financial assistance

These plans provide financial assistance to pet owners. Since preventive care can add up over time, having insurance can ease the financial burden. According to a SEMrush 2023 Study, the average annual cost of preventive care for a dog can range from $500 – $1000, depending on the services required. With a wellness plan, you can get reimbursed for a portion of these costs. For example, if your plan has an 80% reimbursement rate for preventive services, and you spend $800 on your pet’s annual check – ups and vaccinations, you’ll get $640 back. This not only makes preventive care more affordable but also encourages pet owners to prioritize it.
As recommended by leading pet insurance comparison tools, it’s important to compare different wellness plans to find one with a good balance of coverage and cost.

Preventing serious diseases

Pet wellness insurance plans play a vital role in preventing serious diseases. By covering preventive care, they help catch health issues early, when they are easier and less expensive to treat. For example, regular dental cleanings can prevent periodontal disease, which can lead to more serious health problems such as heart and kidney disease in pets. A wellness plan that includes dental care can encourage pet owners to schedule these important cleanings, ultimately protecting their pets’ overall health.

Average premium rates

The average premium rates for pet wellness insurance plans vary based on several factors. These include the type of pet (dog or cat), its age, breed, and the specific services covered by the plan. For example, the average rate for cats is often higher than that for dogs in some plans, as cats may have different health needs. According to industry benchmarks, the average annual premium for a basic pet wellness plan can range from $200 – $500. However, this can go up significantly for more comprehensive plans or for pets with pre – existing conditions.
Step – by – Step:

1. Determine your pet’s specific needs based on its age, breed, and health history.
2. Research different pet wellness insurance providers.
3. Compare premium rates and coverage options.
4. Read reviews from other pet owners to gauge the provider’s reliability and customer service.
   Key Takeaways:

• Pet wellness insurance plans contribute to preventive care by covering routine services, providing financial assistance, and helping prevent serious diseases.
• Average premium rates vary based on multiple factors, and it’s important to compare different plans.
• Early detection through preventive care can save your pet’s life and reduce long – term medical costs.
  Test results may vary.
  Try our pet insurance premium calculator to estimate how much you’ll pay for a wellness plan.

Dog health insurance benefits

The demand for dog health insurance has been on the rise, with the global pet insurance market size reaching USD 9.3 billion in 2022 and expected to grow at a CAGR of 16.30% from 2022 to 2030 (Grand View Research). This growth reflects the increasing recognition of the importance of protecting our furry friends’ health.

Average premium rates

Pet insurance rates are a significant consideration for dog owners. On average, the annual growth rate for pet insurance premiums is currently at 12% globally (SEMrush 2023 Study). This steady increase is due to a rise in both new policies and renewal rates.
Let’s take a practical example. In Ohio, we calculated average rates for medium – sized mixed – breed dogs at different ages (3 months, 2 years, 5 years, and 7 years) for plans with unlimited coverage and a $250 deductible. These calculations give a clear picture of how age can impact the cost of dog health insurance.
Pro Tip: When shopping for dog health insurance, use free tools like the one offered by Pawlicy Advisor. It helps you compare different insurance options and see how one plan can save you money compared to another.
The cost of dog health insurance (also known as the premium) varies greatly depending on several factors such as the dog’s breed, age, and location. For instance, certain breeds that are more prone to genetic health issues may have higher premium rates.
As recommended by leading pet insurance research tools, it’s essential to understand the key metrics involved in dog health insurance.

• Age: Younger dogs generally have lower premiums as they are less likely to have pre – existing conditions.
• Breed: Purebred dogs with known genetic disorders may face higher insurance costs.
• Location: In areas with high – cost veterinary services, premiums may be higher.
  Try our dog health insurance premium calculator to estimate how much you might pay based on your dog’s profile.
  Key Takeaways:
• The global pet insurance market is growing at a significant rate, highlighting the importance of dog health insurance.
• Average premium rates for dog health insurance are rising at 12% annually.
• Multiple factors like breed, age, and location influence the cost of dog health insurance. Use comparison tools to find the best deal.

Market size

Did you know that the global pet insurance market is on a remarkable growth trajectory? In 2022, it was valued at USD 9.3 billion and is expected to grow at a compound annual growth rate (CAGR) of 16.30% from 2022 to 2030 (Grand View Research). This significant growth showcases the increasing importance and demand for pet insurance worldwide.

Global market

The global pet insurance market is expanding at a rapid pace. In 2025, it is anticipated to be valued at USD 8021.4 M, with a projected growth to 22091.1 M by 2033 at a CAGR of 13.5% (SEMrush 2023 Study). Different regions contribute to this growth in unique ways. For example, the Asia – Pacific region holds around 20% of the global pet insurance market and is expanding rapidly, especially in countries like Japan, China, and Australia. In Japan, about 10% of pets are insured, which is a notable statistic considering the large pet population in the country.
Pro Tip: If you’re a pet insurance provider looking to expand globally, consider targeting the Asia – Pacific region. The growing awareness of pet health and increasing disposable income in countries like China and Australia make it a prime market.
Top – performing solutions include companies that offer a variety of coverage options, such as accident – only, accident & illness, and wellness plans. As recommended by industry experts, these companies are more likely to attract customers from different regions with diverse pet insurance needs. Try our market analysis tool to see how your business can fit into the global pet insurance market.

U.S. market

The U.S. pet insurance market is also a major player in the industry. In 2024, it was valued at USD 4.99 billion and is projected to grow at a CAGR of 20.98% from 2025 to 2030 to reach a market valuation of USD 15.71 billion. This growth is driven by an increase in the number of pet adoptions. Many Americans are adopting pets, and as a result, they are more likely to invest in pet insurance to cover potential veterinary costs.
A practical example is the increase in pet adoptions during the COVID – 19 pandemic. Many people adopted pets to keep them company during lockdowns. As these pets age, the need for veterinary care increases, which in turn drives the demand for pet insurance.
Pro Tip: If you’re a pet owner in the U.S., look for multi – pet insurance discounts. Many insurance providers offer these discounts, which can significantly reduce your overall insurance costs.
Comparison Table:
| Aspect | U.S.

| —- | —- | —- |
| 2022 Value | Not specified | USD 9.
| 2024 Value | USD 4.

| 2025 Value | Not yet reached target | USD 8021.
| 2030 Projection | USD 15.

| 2033 Projection | Not specified | 22091.
| Growth Rate (CAGR) | 20.98% (2025 – 2030) | 13.
Key Takeaways:

• The global pet insurance market is growing at a significant CAGR of 16.30% from 2022 to 2030.
• The Asia – Pacific region is an emerging market for pet insurance.
• The U.S. pet insurance market is expected to reach USD 15.71 billion by 2030, growing at a CAGR of 20.98% from 2025 – 2030.
• Multi – pet insurance discounts are available for U.S. pet owners, which can help save on insurance costs.

FAQ

What is multi – pet insurance?

Multi – pet insurance is a type of pet insurance that offers coverage for multiple pets under the same provider. Many companies, like Lemonade and Figo, offer multi – pet discounts. According to industry trends, these discounts can provide substantial savings. Detailed in our Multi – pet insurance discounts analysis, specific providers have unique conditions for these discounts.

How to choose the best low – cost pet insurance?

To choose the best low – cost pet insurance, first research your pet’s breed for common health issues, as recommended by industry experts. Then, use tools like Pawlicy Advisor’s free comparison tool. Consider multi – pet discounts if applicable. Finally, compare coverage and premium rates from different providers. This approach aligns with industry – standard practices for finding affordable yet comprehensive coverage.

How to enroll in a pet wellness insurance plan?

Enrolling in a pet wellness insurance plan involves several steps. First, determine your pet’s specific needs based on age, breed, and health history. Then, research different providers. Compare premium rates and coverage options. Read reviews from other pet owners. As noted in our Pet wellness insurance plans section, this process ensures you find a plan that suits your pet’s requirements.

Multi – pet insurance vs. single – pet insurance: Which is better?

Multi – pet insurance is often better for households with multiple pets as it offers discounts. For instance, Lemonade gives a 5% discount on multi – pet policies. Unlike single – pet insurance, multi – pet options can significantly reduce overall costs. However, the choice depends on individual pet needs and financial situations. Detailed in our cost – effective options analysis, different providers have unique multi – pet offerings.