Lemonade
For $35.67/month, you can expect that 80% of your bill is covered up to a maximum of $20,000 per year with an annual deductible of $250. They cover accidents, such as poisoning, or illness, like diarrhea, vomiting, cancer or skin conditions, diagnostic tests, procedures, and medications. Tests such as blood tests, urinalysis, MRIs, and CT scans are included. Procedures such as outpatient, specialty, surgery and much more are also included. For a $5000 vet bill one can expect, ($5000 x 80%) - $250 = $3,750 reimbursement from Lemonade.
Reimbursement: 80%
Annual Deductible: $250
Maximum Payout: $20,000/year
Pros: The coverage is comprehensive with a good maximum payout.
Cons: Coverage varies from zip code.
Healthy Paws Pet Insurance
This carrier is well known and established. Using Max’s profile, the carrier estimates $65/month with a 80% reimbursement rate, UNLIMITED maximum payout, and $250 deductible. The beauty of this coverage is that it is provided with no maximum limits on claim payouts, no per-incident, or annual or lifetime caps. Illnesses, accidents, hereditary conditions, cancer, diagnostic treatment, surgery, emergency care, prescription medications, and much more is covered. Spay/neuter procedures and the office visit fee or examination fee is not covered by this carrier.
Reimbursement: 80%
Annual Deductible: $250
Maximum Payout: UNLIMITED
Pros: The coverage is comprehensive with UNLIMITED maximum payout.
Cons: Coverage varies from zip code and it is a premium price tag.
Nationwide Pet Insurance
Nationwide has 3 types of plans: Whole Pet; Major Medical; Major Medical with Wellness. Their Whole Pet Plan is the cheapest of all their plans at $30/month and includes accidents and illnesses, hereditary and congenital conditions, cancer, vet visits including specialty and ER, and a 24/7 vet helpline. Their premium “Major Medical With Wellness” plan includes vaccinations, flea and heartworm prevention, and blood work for $51/month.
Reimbursement: 50%
Annual Deductible: $250
Maximum Payout: $10,000
Pros: The plan is cost effective and allows use of any vet, including specialty and ER visits.
Cons: The lower tiered plan is not comprehensive and has a low reimbursement percentage. The highest plan has defined annual benefits per condition.
Wagmo Pet Insurance
Wagmo is an interesting carrier and allows the pet parent to decide if they want to enroll in a Wellness: Coverage for the Everyday plan or Insurance: Emergency Coverage plan. Both types of plans can be bought separately or together. The Insurance: Emergency Coverage costs $40/month with a 90% reimbursement, maximum $20,000 payout and $1,000 deductible. There is a $10,000 per incident limit and $100,000 lifetime limit on the quotes received. They provide lower deductible plans with a higher monthly premium for the Insurance: Emergency Coverage. The Insurance coverage includes accidents, illnesses, surgeries, cancer treatment, prescription medications, and end-of-life treatment (euthanasia).
Wellness: Coverage for the Everyday plan reimburse you for the routine and preventative care you do for your pets annually. This coverage does not cover emergency, accidents, and illness. Their medium tier “Classic” is $36/month and covers 1 office exam, 3 vaccines, 1 routine bloodwork test, 1 fecal test, 1 urinalysis test, $100 for flea/tick/heartworm medication, and $100 in grooming expenses.
Wagmo Insurance is not available nationwide yet, so you will have to check their website for your zip code to ensure coverage. Wagmo’s Wellness plans are available in every state.
Insurance: Emergency Coverage
Reimbursement: 90%
Annual Deductible: $1000
Maximum Payout: $20,000/year
Different Tiers of Premium and Deductible Available
Pros: Wagmo Insurance is not available nationwide yet. Wagmo Wellness is available in every state. You can select the Wellness tiers according to needs and pricing.
Cons: If you add the pricing of both the Insurance and the Wellness plans, it can get expensive.