Marcus Marion, CMA™ Having more pets means more affection for everyone. However, this may increase veterinary costs, totalling about $34.3 billion according to APPA. Pet insurance is one method that owners of several pets can use to alleviate the financial strain of unanticipated pet injuries or illnesses.
If your pet becomes extremely ill or injured, the finest pet insurance policies will pay for all or almost all your veterinary care costs. As a result, you will not have to worry about how to pay for your pet’s medical care while tending to its recovery. A wide variety of injuries and diseases are covered by pet insurance, including cancer, cancer treatment, fractured bones, and even congenital abnormalities.
So read on for our evaluations and rankings of the top firms that provide multi-pet insurance plans for families in the US. Then, you should read our pet insurance guide to learn more about the many types of coverage available and how they function.
1. Embrace
Embrace is one of few insurers that provides a reduction of 10% for purchasing coverage for several pets, making it one of the best multi-pet insurance providers in the country. A variety of policies are available, and you can acquire as much as $30,000 in protection for your pets.
Embrace also offers several different deductible plans and supplemental coverage alternatives.
From our assessment, Embrace is the sole pet insurance provider with a declining deductible. Your deductible will decrease by $50 yearly if you do not make a claim. This implies that if you start with a $200 deductible and spend four years without filing a claim, you can reduce your deductible to zero without incurring any rate increases.
One remarkable option among the offered policies is called Embrace Pet Insurance. Here, you may pick from yearly Wellness Rewards allowances of $250, $450, or $650. When you insure a dog, remember that it has to wait six months for orthopedic issues. Fortunately, if you comply with the Orthopedic Exam and Waiver Process, you could reduce it to no more than 14 days.
2. Pets Best
In a nutshell, we found Pets Best to be a top multi-pet insurance provider for a number of reasons. The insurance company gives you many options for tailoring your policy, and it has more than one plan that gives you endless coverage.
It is accessible in all 50 states and offers shorter wait times than other insurers we researched: accidents take three days, while sicknesses take 14 days. Every policy gives you access to the insurance company’s Pet Helpline, open 24 hours a day, seven days a week.
Direct veterinary payments are available through Pets Best, eliminating the need to submit a claim and wait for reimbursement. This option is known as an add-on to pet insurance policies. The business can pay your veterinarian on your behalf if you fill out a direct payment release form and send it to them. The balance is all you will then owe your veterinarian.
Pets Best has received primarily positive feedback. From more than 3,200 ratings, it has a Trustpilot score of 4.2 (excellent). Customers appreciated Pet Best’s simplicity in filing a claim; negative feedback was typically related to misconceptions regarding preventative care coverage.
3. Spot
Spot is the finest unlimited pet insurance since it is designed for pet owners who need the most protection. It is also an excellent alternative for senior pets because there is no age limit to cover.
Spot gives you the choice of full coverage (100%) and makes it easy to get the most multi-pet insurance coverage for your pet. This means you do not have to pay any co-payments. The business also has very low ($100) deductible plans, lowering your out-of-pocket medical care expenses even more.
However, policy prices will rise if you opt for a modest copayment or deductible. Some will consider Spot’s multi-pet insurance quotes relatively higher than average for young pets, but the company does not have a cap on how old a pet can be before it can be insured. This could be a good thing if your furry friends are seniors.
4. Pumpkin
Insuring several pets with Pumpkin is a smart move because of the company’s generous multi-pet discount insurance of 10% for each extra pet. You can receive up to $20,000 in coverage and 90% reimbursement for veterinary expenses. They provide a variety of choices for deductible amounts, ranging from $150 to $500.
Even though Pumpkin only has two plans ($10,000 and $20,000), both include coverage for alternative therapies. This category includes therapies like acupuncture, chiropractic care, and physical therapy. In other words, they will pay 90% of the allowed costs for the whole medical care prescribed by your veterinarian.
5. Nationwide
Our list wouldn’t be complete without a company like Nationwide. It provides different discounts based on the number of pets enrolled in the program; if you enroll two or three pets, you receive a discount of 5%, and if you register four or more pets, you receive a discount of 10%. There are no coverage levels or deductible choices, unlike other insurers.
If you purchase your insurance policy from Nationwide, its highest coverage is $10,000, and the deductible is $250.
Their Wellness Coverage Plans include protection against the cost of behavioral evaluations and therapies and installing microchips. If your pet suffers from chronic diseases, you may select the Whole Pet or Majestic Medical plan to guarantee they are covered. Should you have an elderly pet, either of these two options is ideal.
6. Figo
Given that Figo offers discounts of 5%-10% for having many pets, they have made our list of the best multi-pet insurance companies. However, these can change based on the state in which you live. You can select from three different levels of protection, including an unlimited plan. There are four separate deductible options available.
Insurance through Figo can be used to cover the cost of alternative medical treatments, including chiropractic and acupuncture. However, routine wellness checks or preventative care costs aren’t part of these plans.
But no matter how old your pet is, they are covered for hip dysplasia under their policy, without additional caps.
7. ASPCA
The next place goes to the ASPCA, which provides a discount of 10% for policies and affordable multi-pet insurance packages. It comes with several policy choices and extras. Your coverage also allows you to select from one of three deductibles.
If you go with Prime Preventive Care, things like vaccinations and dental care will be paid for. Meanwhile, alternative treatments and ongoing medical issues are covered under the Complete Plan. For example, if you take your pet to the vet for behavioral issues like excessive licking or fur tugging, ASPCA’s comprehensive pet insurance plan will pay for these sessions.
8. GEICO
Overall, GEICO provides a diverse variety of maximum coverage limits, the largest of which is $30,000. Insurance policies offer reimbursement of up to 90% of veterinarian fees, with deductibles as little as $200.
Optional Preventive Care coverage from GEICO includes microchip implants, prescription diet foods, and vaccinations. You are not required to keep your companion neutered or spayed by a certain age, but you will receive a discount if you do so at the time of policy enrollment.
Policies from GEICO that cover more than one pet have a short waiting time. For accidents, coverage begins two days following the policy’s effective date and 14 days for ailments.
9. Healthy Paws
Healthy Paws is among the most well-known pet insurance providers, licensed to do business in all 50 states and the District of Columbia. You may quickly obtain quotes online; the application processing should only take a few minutes. Healthy Paws also gives you a choice of plans for your deductible, coinsurance, and overall coverage.
For instance, the price for an unlimited plan for a three-year-old, medium-sized, mixed-breed dog came to $41.61 per month, with a $500 deductible and 80% coinsurance. Switching between options allows you to quickly change your price if you are on a smaller budget, which is especially helpful if you have more than one pet.
Healthy Paws multi-pet health Insurance is primarily a web-based business with a dedicated customer support line. Certain claims may take longer than expected, but having enough coverage in an emergency is invaluable, as customers have noted.
10. Lemonade
Lemonade is a full-service insurance company that protects renters, homes, cars, term life, and pets. It is mainly concerned with the digital experience. Therefore, you can purchase and manage coverage digitally. Nevertheless, Lemonade also offers a user-friendly mobile app. The company’s website advertises pet insurance policies for as little as $10 monthly.
Lemonade is unlike any other claims service. The app allows users to submit video claims for their pets. This completely changes the customer experience for folks who do not have the time to type or are more articulate verbally.
There is a 5% discount for households with many pets and a 10% bundling discount for those who purchase multiple forms of insurance. Lemonade pet insurance, now offered in 37 states, can assist with the costs of surgeries, hospitalization, medication, bloodwork, CT scans, and others. It also allows you to stay healthy and save money on regular care.
Wrapping Up
Not only does pet insurance assist in paying for necessary veterinarian treatment, but customers who insure multiple animals must compare multi-pet insurance rates to ensure they get the best value for money. So, we compared data from numerous insurers and settled on Embrace, Pets Best, and Spot as the best multi-pet insurance providers for most people.
