It's no secret that Americans love their pets. Each year, US dog owners spend between $500 and $1,000 on their pups.
while cat owners spend approximately $600 a year, according to the ASPCA. These are not small numbers.
A good pet insurance policy can help mitigate unexpected and hefty vet bills
and policies with wellness coverage may pay for all of a routine exam fee, plus prescription medication.
If you struggle to pay for vet care or are just looking for a way to minimize your out-of-pocket costs, pet insurance may be worth the investment.
We've evaluated six of the top pet insurance companies to help you decide.
Coverage type: Accident, illness, wellness
Starting rate: $37 a month for dogs; $28 a month for cats
Maximum annual coverage: $5,000 to unlimited
Deductibles: $100 to $750
Pets covered: Dogs, cats
Figo
Coverage type: Accident, illness, routine care
Starting rate: $9 a month for dogs, $6 a month for cats
Maximum annual coverage: $5,000 to unlimited
Deductibles: $50 to $1,000
Pets covered: Dogs, cats
Coverage type: Accident, illness, wellnessStarting rate: $72 monthly for dogs, $31 monthly for catsMaximum annual coverage: $20,000Deductibles: $100 to $500Pets covered: Dogs, cats
Pumpkin
Coverage type: Accident, illness, wellness
Starting rate: $34 a month for medical coverage, $64 a month for complete coverage
Maximum annual coverage: $10,000 to defined per condition
Deductibles: $250
Pets covered: Dogs, cats, birds, exotic pets
Nationwide
Coverage type: Accident, illness
Starting rate: $38 monthly for dogs, $24 monthly for cats
Maximum annual coverage: $5,000 to $30,000
Deductibles: $200 to $1,000
Pets covered: Dogs, cats