Best 7 Cheap Pet Insurance Companies

7 Best Pet Insurance Companies for Dogs and Cats

Are you looking for an easy guide on Best 7 Cheap Pet Insurance Companies? If yes you are most welcome.

Read our review of cheap pet insurance below if you want to provide your pet with cost-effective and high-quality protection. We go over the plans and costs of each service, as well as how to offer a free quote.

In addition to exam fees of between $100 and $150 and costs of between $150 and $250 for X-rays or other diagnostic procedures, emergency treatments for your pet usually cost between $1,000 and $5,000.

When your cherished animal pet becomes ill or hurt, these expenses can add up and result in an exorbitant amount of out-of-pocket spending for you. Fortunately, pet owners can purchase a reasonably priced pet insurance coverage to help reduce those expenses and get piece of mind.

The team at This Old House Reviews investigated the leading pet insurance providers, evaluating them based on aspects including reputation, client satisfaction, available plans, price, and coverage. We discovered that many of the best pet insurance companies provide affordable policies to clients who require low-cost protection for their canines and felines.

Top 7 Cheapest Pet Insurance Companies

  1. Lemonade : Best Overall
  2. Spot : Most Customizable Plans
  3. Embrace : Best Deductibles
  4. ASPCA : Best for New Pet Owners
  5. Healthy Paws : Best Coverage Limit
  6. Fetch : Best Holistic Coverage
  7. Pawp : Best for Multiple Pets

1. Lemonade Pet Insurance Review

We gave Lemonade a score of 96 out of 100 and determined that it was the “Best Overall” pet insurance provider. The company’s affordable costs, substantial coverage limits, wellness benefits, and other coverage add-ons impressed us. Additionally, Lemonade offers a user-friendly mobile app with AI technology that enables you to quickly obtain a price, apply for coverage, and submit claims.

Lemonade’s C rating on the Better Business Bureau (BBB), which is lower than many rivals, is the main reason why it was penalised. Despite the fact that there were a lot of complaints, we found that the most of them were about Lemonade’s other insurance plans, such as renters’ insurance and homeowners insurance, rather than pet insurance, which is why it obtained this rating.


✔ Offers customers a discount for paying annually
✔ Donates customers’ leftover premiums to charities
✔ Has a short waiting period of 48 hours for accidents


✘ Requires a medical report from the past 12 months before enrollment
✘ Charges higher prices for pets with a medical history

Lemonade Pet Insurance Plans

Lemonade includes three add-ons for wellness and additional insurance coverage in addition to an Accident and Illness Plan. This provider, like many of its rivals, does not cover elective surgeries, behavioural therapies, or pre-existing conditions under its policies, and it needs a recent medical report from the last 12 months in order to start coverage.

Accident and Illness Plan

Injections, prescription drugs, outpatient care, specialist care, emergency care, hospitalisation, surgery, blood work, urinalysis, X-rays, MRIs, lab work, CT scans, and ultrasounds related to accidents and injuries are all fully covered by this plan.

Coverage options include:

  • 70%, 80%, and 90% reimbursements
  • $5,000, $10,000, $20,000, $50,000, and $100,000 annual coverage limits
  • $100, $250, and $500 deductibles

Available Add-Ons

  • Preventative Care
  • Vet Visit Fees
  • Physical Therapy

2. Spot Pet Insurance Review

When compared to other leading insurers, tailored premiums from Spot can be relatively affordable thanks to the six coverage limit options, three reimbursement alternatives, and five annual deductibles that are available. Spot received a score of 91 out of 100 for its variety of plans and low cost, but it received fewer points for its lack of wellness and preventative care services.


✔ Provides a 30-day money-back guarantee
✔ Its standard plan covers exam fees
✔ Includes microchip implantation


✘ Has higher prices on plans with the unlimited annual limit
✘ Has a 14-day waiting period for both accidents and illness

Spot Pet Insurance Plans

For either accidents only or both diseases and accidents, Spot offers two coverage options. The Accident-Only Plan is the least expensive option, but keep in mind that it has limited coverage and could leave your pet vulnerable to any emergencies relating to disease.
Here is a summary of each strategy:

Accident-Only Plan

This plan only covers procedures related to accidents such as injuries, swallowed objects, and toxic ingestions. Here are the customizable options available with this plan:

  • 70%, 80%, and 90% reimbursements
  • $2,500, $4,000, $5,000, $7,000, $10,000, and unlimited annual coverage limits
  • $100, $250, $500, $750, and $1,000 deductibles

Accident and Illness Plan

Accidents, excessive licking, tail chasing, destructive chewing, periodontitis, cancer, respiratory infections, diabetes, hip dysplasia, and heart disease are all covered under this plan. Additionally, it covers a few restricted preventative services, like yearly checkups and heartworm treatment. The Accident-Only Plan shares the same coverage options as this one.

3. Embrace Pet Insurance Review

Embrace gives you a variety of deductible choices to help you personalise your premium. The Healthy Pet Deductible is a declining deductible benefit that gives each pet owner $50 off of their deductible for each year they go without making a claim. After an unforeseen injury or illness, this deductible helps lower out-of-pocket expenses.
Embrace scored highly for price and plan alternatives but lost points for having lower coverage limits during our study, earning a score of 93.5 out of 100.


✔ Offers a 10% multi-pet discount and 5% military discount
✔ Its wellness plan reimburses 100% of costs up to the chosen amount
✔ Offers a free medical history review


✘ Doesn’t offer a high coverage maximum option
✘ Its wellness plan covers only up to $650 per year, which is lower than other providers

Embrace Pet Insurance Plans

With Embrace, you may choose between one basic pet insurance plan for accident and illness coverage, as well as a wellness add-on that gives you a yearly incentive amount to go toward some common vet expenses. Here are the inclusions for each type of coverage:

Accident and Illness Plan

This plan provides coverage for medical treatments such lab work, CT scans, surgery, hospital stays for cancer, chronic illnesses, congenital defects, dental trauma, genetic problems, and unexpected injuries or illnesses. The following coverage choices are available when picking your premium:

  • 70%, 80%, and 90% reimbursements
  • $5,000, $8,000, $10,000, $15,000, and $30,000 annual coverage limits
  • $200, $300, $500, $750, and $1,000 deductibles

Alternative Wellness Benefits for Standard Care

Preventive care is covered annually for $250, $450, or $650 with this add-on. Routine veterinary appointments, microchipping, heartworm treatments, spaying or neutering, acupuncture, immunizations, prescription diet food, and grooming are all examples of preventative care.

4. ASPCA Pet Health Insurance Review

With customizable standard plans and wellness add-ons, ASPCA Pet Health Insurance is not only one of the most affordable pet insurance companies on the market; it also received an 89 out of 100 in our assessment, making it the best option for first-time pet owners.

If you recently acquired your first dog or cat, you probably have many questions. ASPCA Pet Health Insurance seeks to address your concerns by providing online resources that detail each pet breed’s characteristics and prevalent medical issues. It also provides a mobile app with a special capability for finding nearby veterinarians.


✔ Covers the cost of vet visit and exam fees, which are often excluded by competitors
✔ Includes microchip implantation coverage in its standard policies
✔ Offers an accident-only plan option for inexpensive pet insurance coverage


✘ Doesn’t offer coverage annual limit options above $10,000 per year
✘ Has a 14-day waiting period for accidents

ASPCA Pet Health Insurance Plans

ASPCA Pet Health Insurance, like Spot, provides a low-cost accident-only plan for those who only need coverage for accidents or injuries and do not want to pay for a more comprehensive option. Pre-existing conditions, elective surgeries, cosmetic procedures, or issues related to breeding or pregnancy are not covered by any of its plans.

You can lower your monthly premium by choosing lower reimbursement rates:

  • 70%, 80%, and 90% reimbursement rates
  • $100, $250, and $500 annual deductibles
  • $3,000, $4,000, $5,000, $7,000, and $10,000 annual coverage limits

5. Healthy Paws Pet Insurance Review

Healthy Paws distinguishes itself from the competition by providing an unlimited coverage limit at reasonable rates with no per-incident, annual, or lifetime maximum payout—it will pay the amount you require, no matter what. We gave Healthy Paws a score of 93.5 out of 100 and recommend requesting a quote to compare prices on its comprehensive policies. For higher-quoted rates, the company will refer you to other pet insurance providers who can provide you with lower rates.


✔ Features a 30-day money-back guarantee
✔ Has a mobile app for policy management and claims
✔ Is the best value for mixed breeds


✘ Doesn’t have a wellness or preventative care plan
✘ Offers only one coverage limit option

Healthy Paws Pet Insurance Plans

This insurer offers a single policy that covers procedures for illnesses, accidents, hereditary conditions, chronic conditions, congenital conditions, and cancer.
Diagnostic treatments, X-rays, blood tests, ultrasounds, surgery, hospitalisation, prescription medications, specialty care, and alternative treatments are examples of procedures.

  • 70% or 80% reimbursements
  • $250 or $500 deductibles

6. Fetch Pet Insurance Review

Fetch provides low-cost pet insurance policies for dogs and cats all over the country. It received a 91.5 out of 100 in our review of top insurers for its comprehensive accident and illness coverage, which covers all holistic care your pet may require, including homeotherapy, hydrotherapy, stem cell therapy, laser therapy, acupuncture, chiropractic care, and behavioural therapies up to $1,000.


✔ Offers a 15% credit for policy renewals after a year of not filing a claim
✔ Has customizable pricing options with three coverage limits, deductibles, and reimbursement rates
✔ Features an online chat


✘ Doesn’t offer wellness or preventative care coverage plans
✘ Doesn’t feature a multi-pet discount

Fetch Pet Insurance Plans

Fetch reimburses you for treatments related to covered injuries and incidents for your pet. It also covers a few things that other providers don’t, like reward money for finding a lost pet, exam fees, sick visit fees, and boarding fees if you’re hospitalised for more than four days. Pre-existing conditions, elective procedures, or preventative care are not covered by Fetch.

X-rays, CAT scans, diagnostic tests, cancer treatments, prescription medications, surgery, rehabilitation, lab tests, tooth extractions, hospitalisation, specialty care, and other treatments may be covered under a Fetch policy.

For customized pricing and coverage:

  • 70%, 80%, and 90% reimbursement rates
  • $250, $300, and $500 annual deductibles
  • $5,000, $15,000, and unlimited annual coverage caps

7. Pawp Pet Insurance Review

Pawp is a digital veterinary clinic that provides members unlimited access to a live vet chat and video calls 24 hours a day, seven days a week for any questions or advice they may need for their four-legged companions. Each membership also includes $3,000 in emergency coverage.

Pawp received a 90 out of 100, with points deducted for a lack of preventive care coverage and a low coverage maximum.


✔ Offers 24/7 online vet services
✔ Doesn’t have deductibles or copays
✔ Pays vets directly


✘ Doesn’t offer wellness or preventative care
✘ Doesn’t have a BBB rating

Pawp Pet Insurance Plans

Each Pawp membership includes the Emergency Plan, which covers accidents and illnesses up to $3,000 per year. Common illnesses, hereditary conditions, injuries, blockages, and choking are examples of emergencies. Covered procedures or vet visits must qualify as an emergency, and your pet’s eligibility will be verified by an official Pawp vet before you can access the funds.

Preventive care, vaccines, routine checkups, wellness checks, scheduled operations, and pregnancy-related problems are not covered by this plan.

Pawp stands out as a top selection since their plan pays veterinarians directly, as opposed to compensating you after a claim, like other providers.


Pawp’s pricing structure is sensible. Evey membership, which includes the Emergency Plan, costs $24 per month in advance. This price includes cats or dogs of any species, breed, or size, as well as up to six pets, making it an excellent choice for anyone who owns multiple animals.

The most affordable overall pet insurance plans

ProviderRatingMonthly Price for DogsMonthly Price for Cats
Healthy Paws93.5$37.95$14.03
Dogs & Cats – the lowest available premium.

Asked Questions

  1. Does per insurance cover pre-existin conditions?

    No, pre-existing conditions that your pet had prior to the enrollment or waiting period of your pet insurance policy are not covered. For example, if your pet breaks a bone and you immediately purchase a policy, that injury will not be covered. Many providers, however, do cover hereditary, genetic, or chronic conditions as long as no symptoms exist at the time of the policy’s effective start date or during the waiting period.

  2. What are some other cheap pet insurance providers?

    Other popular pet insurance providers include Nationwide, Pets Best, Pumpkin, and Prudent Pet. We found the seven pet insurance companies listed in this review to offer the cheapest policies.

  3. What’s the cheapest pet insurance company?

    During our research, we discovered that Lemonade and Spot have the most affordable pet insurance premiums.
    Spot offers an Accident-Only Plan for dogs that costs less than $11 per month and $7 per month for cats.

  4. Is pet insurance cheap?

    Because vet bills for emergency and diagnostic procedures can be costly, having a reliable pet health insurance policy can protect you from paying excessive out-of-pocket costs.
    It’s also a great way to ensure that your animal is treated as soon as possible.

  5. What does cheap pet insurance cover?

    Pet health insurance companies reimburse pet parents for a percentage of their vet bills related to accidents and illnesses in exchange for a monthly premium, up to the agreed-upon annual coverage maximum.
    Most policies cover cancer treatments, hospitalizations, X-rays, and surgery, but they do not cover any pre-existing conditions that your pet may have at the time the policy begins.
    Many providers also do not perform cosmetic procedures.

Leave a Reply

Your email address will not be published. Required fields are marked *