Unfortunately there is no one size fits all average cost for pet insurance. The exact cost of your pet insurance premium will depend on a variety of factors including your type of pet, it’s age, breed and location. The cost of the plan you pick will also be impacted by the provider and type of coverage you choose. Like health insurance for humans, there is no right or wrong coverage option, just a right pet insurance plan that works for you.

While we can’t tell you what YOU will pay, we can let you know more about industry averages and what we’ve seen from pet insurance providers, real customers, and our secret shoppers.

According to our comparison of the top 10 best pet insurance providers, pet insurance for dogs costs $64 per month for adult dogs and $53 per month for puppies.

Pet Insurance Cost by Dog Breed

You can compare the average monthly costs of insuring popular dog breeds with the chart below. 

As you can see in the table, the price of coverage for your pet increases as they get older. You may see only a modest increase each year until your dog turns about six, when the coverage cost may escalate more quickly. 

Pet Insurance Cost for Dogs by Provider

On average, Lemonade and Embrace offer the cheapest pet insurance plans for dogs. Compare the monthly rates of our top picks for pet insurance providers below:

Cat owners can expect to pay around $27 per month for adult cats and $25 per month for kittens for cat insurance. The exact cost of cat insurance will depend on the cat’s breed and age and where you live.

Cat Insurance Cost by Cat Breed

As you can see in the chart below, the cost of accident and illness coverage for cats can vary dramatically depending on your pet’s breed and age.

Your pet’s age, breed and location, and the chosen coverage options and discounts will all impact the overall cost of insuring your pet. 

1. Coverage Options

Most pet insurance providers allow you to customize your annual limit, deductible and reimbursement rate. You will generally pay the lowest monthly premium if you choose a low annual limit, low reimbursement percentage and high deductible. However, you will pay more out of pocket when your pet goes to the vet. 

2. Breed

Breeds with a higher risk of certain health conditions will cost more to insure each month. Purebred pets can be predisposed to illnesses that can make veterinary care more expensive, driving up the price of a pet insurance policy.  

3. Age

The cost of covering older pets will always be more expensive than a younger ones, but each provider has different policies about when and how it raises premiums. 

Most pet insurance companies allow you to enroll your pet at 6 weeks old. Some companies have a maximum age limit for enrollment, often ranging from 10 to 14 years. Therefore, if you have an older dog or cat, you’ll need to find a company for senior pets that does not have upper age limits. 

So, when should you enroll your pet in a plan?

Patrik Holmboe, Head Veterinarian at Cooper Pet Care, suggested,

“Overall, the best time to enroll your pet in pet insurance is when they are young and healthy. Basically, the sooner, the better!”

Most pet insurance companies do not cover preexisting conditions, and their chance of developing them increases as they age. Holmboe added,

“Most policies are cheaper for younger pets. If you start early, most insurance policies allow you to either lock in this lower price or gain some form of discount as the animal ages.” 

4. Location

Your location also plays a role in the price you will pay for any type of insurance coverage — not just pet insurance. Different states have different laws and regulations that dictate insurance pricing, what data a company can collect from consumers and what benefits providers must include with coverage. For example, while most states allow insurance providers to collect credit score information to determine rates for things like homeowners and auto insurance, California and Hawaii forbid insurers from collecting this information.

As a result of variations in state law, insurance companies take on different levels of risk depending on the policyholder’s residence. Pet insurance is no exception — in our review, we found significant variance in coverage rates between states. For example, the average monthly cost of pet insurance in Missouri is $41, while the state average in Massachusetts is $75 per month. Overall, the most expensive states to insure your pet in are Massachusetts, Connecticut and California, while the most affordable are Arkansas, Nevada and North Dakota.

5. Brand

The provider itself impacts the premium you pay. Each company assesses risk a little bit differently, weighing some factors more than others. That can lead to varying costs for identical policies based on the provider you choose. Based on our analysis, Lemonade offers great value by combining affordable prices with comprehensive coverage.

6. Discounts

Many providers offer discounts when you enroll multiple pets or pay for your annual coverage upfront. Additionally, some providers offer discounts for policyholders who are military members or animal care workers. Compare top companies’ discounts below. 

Once you enroll in pet insurance, your coverage will begin after the waiting period. Depending on your provider, the waiting period is typically between two days and two weeks. Remember, the treatment will not be eligible for coverage if your pet is injured or ill during the waiting period. 

After the waiting period ends, you can take your pet to any licensed veterinarian for treatment. You’ll pay the vet, submit a claim and later get reimbursed from your provider. 

How much your pet insurance provider will reimburse you depends on your chosen reimbursement rate. In general, the higher your reimbursement level, the higher your monthly premium will be. 

Do All Veterinarians Accept Pet Insurance?

Yes, you can go to any veterinarian when you have pet insurance. Typically, you will pay your full vet bill upfront and file a claim to your insurance company for reimbursement. Once your pet insurance provider approves your claim, you will be reimbursed for your vet visit. The percentage of total expenses your provider will cover depends on your plan options. 

If you want to avoid filing a claim and waiting for reimbursement, some providers like Trupanion and Pets Best partner with vets to automatically process your reimbursement, so you don’t have to pay the whole bill upfront. This sometimes limits which vets you can go to, as it requires that the clinic be partnered with the insurance provider.

What Does Pet Insurance Cover?

Every pet insurance provider offers slightly different plans. However, the most common accident and illness policies cover the following: 

• Accidents and injuries (broken bones, toxic ingestions, bite wounds, etc.)
• Diagnostic testing (MRIs, X-rays, CAT scans, bloodwork, etc.)
• Major and minor illnesses (cancer, epilepsy, allergies, ear infections, etc.) 
• Prescription medication 
• Surgical procedures

Most pet insurance providers also offer an optional wellness add-on covering preventative care costs like checkups, behavioral therapy, vaccinations, spaying/neutering, exam fees, microchipping and more. 

What Is Not Covered by Pet Insurance?

What is not covered by pet insurance also varies slightly by provider. However, most providers have the following exclusions: 

• Preexisting conditions, including any illness or health issue your pet had before enrollment in coverage
• Illnesses or injuries that came about during your plan’s waiting period 
• Preventative care (unless explicitly covered or you enroll in a wellness add-on plan)
• Cosmetic procedures 
• Elective procedures
• Pregnancy/breeding
• Grooming 

Some pet insurance companies, like Embrace, will cover a curable preexisting condition after a specific waiting period as long as the symptoms are not recurring.

Multiple pet insurance providers operate nationwide, and you can find the best plan for your pet and your budget by researching several different companies. Compare the coverage options and services offered by each insurer, keeping in mind that the cheapest plan may not be the best plan if it does not provide the coverage your pet needs.

We recommend Lemonade, Spot and Fetch Pet Insurance as top providers that offer affordable yet comprehensive accident and injury plans. Many providers offer wellness add-ons to cover routine preventive care, such as wellness visits, vaccines, parasite prevention, and spay or neuter surgery.

Lemonade is our overall top choice for affordable pet insurance because it offers lower-than-average monthly premiums with customizable options that allow you to build a plan that works best for your budget. Lemonade also offers a 10% discount if you bundle pet insurance with a homeowners or renters policy, which can lower your premium even more.

The cheapest pet insurance company is ManyPets, with an average policy cost of $23.18 per month, but Lemonade comes in at a close second at $23.06 per month. On the higher end, Trupanion Pet Insurance has an average cost of $88.13 per month.

Many pet parents feel that pet insurance is worth it, but it may not be the right choice for everyone. Becky Simmonds, professional dog trainer and behaviorist at Breed Advisor, suggested that pet insurance may be a good option if:

• You’re uncertain you’d be able to pay for an unexpected vet costs
• Having insurance would give you peace of mind
• You have a dog or cat breed prone to certain genetic health problems like hip dysplasia or cancer

Everyone’s circumstances are different, so weigh the costs and benefits of enrolling in a pet insurance plan for yourself. If you own a high-risk dog breed or live in an area where veterinarian health care is expensive, pet insurance may be a great option.

Average Costs of Pet Medical Treatments

The out-of-pocket cost for pet medical care can rack up quickly: Serious procedures or treatments like ACL surgery, chemotherapy and foreign object removal can cost thousands of dollars. But even treatments for common ailments like diarrhea or ear infections can cost hundreds. 

Our team reviewed pet insurance companies in-depth to provide the most accurate and up-to-date pricing information available. While pet insurance pricing will vary based on your pet’s personal details, we took the following steps when collecting data to get a full scope of industry pricing.

• Overall cost averages: We pulled individual quotes from each of our recommended pet insurance providers for every state, using individual pet age, breed and other data points as indicated. After pulling hundreds of quotes encompassing the entire U.S., we removed major outliers to create an inclusive and representative average.
• Cost data by provider: To determine cost data for each provider, we pulled sample quotes with similar criteria for a fair comparison between companies. We also pulled quotes using the same pet data from multiple states and then averaged all costs together for four breeds.
• Cost data by breed: We evaluated cost data for 30 dog and cat breeds. To gather this information, we averaged quotes for each breed from five providers via PetInsurer.
• Cost data by age: We looked at pet insurance quotes for younger cats and dogs, adult pets and senior pets to compare cost changes as a pet ages. We collected breed- and provider-specific data for each age range and repeated our method of pulling individual price data from each state to get a comprehensive average.

We manually collected all cost information from each company’s respective website. Learn more about our review standards.

Faith Wakefield is a writer based in North Carolina. She holds economics and English degrees from UNC Chapel Hill, and her work has been featured on EcoWatch, The World Economic Forum and Today’s Homeowner. In her free time, she loves to binge-watch personal finance videos on YouTube, collect books and spend time in nature.

Sabrina Lopez is an editor with over six years of experience writing and editing digital content with a particular focus on home services, home products and personal finance. When she is not working on articles to help consumers make informed decisions, Sabrina enjoys creative writing and spending time with her family and their two parrots.

Dr. Patrik Holmboe completed his veterinary studies at the University of Melbourne in 2015 and spent over five years working as a companion-animal vet in Australia, Dubai, and the Netherlands. In 2021, he merged his interests in veterinary medicine, technology and innovation by joining Cooper Pet Care, the leading veterinary telemedicine provider in the Netherlands. In his role as Head Veterinarian, he oversees all veterinary operations, focusing on elevating client experience.