Best Pet Insurance for Multiple Pets
If you have a furry family, insuring your pets can be a smart move. Many pet insurance companies offer discounts for insuring multiple pets, making it more affordable to protect all your companions. This guide reviews the top pet insurance companies for multiple pets, considering factors like cost, coverage, multi-pet discounts, wellness plans, and more.
Here are the top picks:
Our Expert Picks
- Embrace: Best for Healthy Pet Discount
- Pumpkin: Great for Senior Pets
- Spot: Best for Annual Coverage Choices
- Pets Best: Great for Choices of Deductible
Best Pet Insurance Companies for Multiple Pets Summary:
- Embrace: 5.0
- Pumpkin: 5.0
- Spot: 5.0
- Pets Best: 4.5
What Is Multi-Pet Insurance and How Does It Work?
Multi-pet insurance involves insuring more than one pet with the same pet insurance company. You’ll typically buy separate policies for each pet, but you can manage them from one account. Many insurers offer a multi-pet discount, usually around 5% or 10%.
How Much Does Multi-Pet Insurance Cost?
The average cost to insure two dogs is $152 per month for a plan featuring unlimited annual coverage, a $250 deductible, and 80% reimbursement. This data does not take multi-pet discounts into account.
Multi-Pet Insurance Discounts
A multi-pet discount can significantly lower your premiums. With a 5% discount, you could save approximately $91 per year on the average annual cost of pet insurance for two dogs; a 10% discount would save you about $182 per year.
What’s Covered Under a Multi-Pet Insurance Policy?
Multi-pet insurance policies provide the same coverage as single-pet policies. This often includes coverage for:
- Accidents (bite wounds, broken bones, etc.)
- Illnesses (infections, cancer, diabetes, etc.)
- Diagnostics and lab tests
- Emergency care
- Surgery
- Prescription pet medication
How Do I Find a Multi-Pet Insurance Policy?
To find the best multi-pet insurance, consider this:
- Decide what features you want: Do you want coverage for illnesses, accidents, or both?
- Check eligibility: Ensure the plan covers older pets, if applicable.
- Choose your deductible & reimbursement: Customizing coverage can impact costs.
- Consider the multi-pet discount: Compare plans with and without discounts.
- Compare quotes: Getting quotes from different companies helps you find the best price.
Embrace
Embrace offers a 10% multi-pet discount and additional benefits like a 24/7 pet health line. Customizable plans exist with varying annual maximums and deductibles. They also have accident-only policies for budget-conscious owners and a Healthy Pet Discount program that can provide further savings.
Coverage and Costs
- Cost to Insure Two Dogs: $152 per month with unlimited annual coverage, a $250 deductible, and 80% reimbursement.
- Multi-pet Discount: 10% per pet.
Pumpkin
Pumpkin features a 10% multi-pet discount and a range of coverage options. It also allows adding a wellness plan for preventative care. Pumpkin offers coverage like alternative therapy, behavioral therapy, microchipping, and dental illness. It has no upper age limit to buy a new policy and offers high reimbursement levels for senior pets.
Coverage and Costs
- Cost to Insure Two Dogs: $248 per month with unlimited annual coverage, a $250 deductible, and 90% reimbursement.
- Multi-pet Discount: 10% per pet.
Spot
Spot includes a 10% multi-pet discount and offers plans for accidents, illnesses, and wellness. It provides no upper age limits to purchase a new policy and it has a 24/7 vet telehealth line. Spot offers comprehensive coverage that frequently includes alternative and behavioral therapies, stem cell therapy, prescription food and supplements, vet exam fees, dental illnesses and end of life expenses..
Coverage and Costs
- Cost to Insure Two Dogs: $194 per month with unlimited annual coverage, a $250 deductible, and 80% reimbursement.
- Multi-pet Discount: 10% per pet.
Pets Best
Pets Best provides a 5% multi-pet discount. They provide a variety of accident and illness plans, alongside an accident-only policy. Spot policies include a 24/7 pet telehealth line giving an option to add wellness plans. They also offer direct payments for vet bills if the vet signs the Veterinarian Reimbursement Release form.
Coverage and Costs
- Cost to Insure Two Dogs: $96 per month with unlimited annual coverage, a $250 deductible, and 80% reimbursement.
- Multi-pet Discount: 5% per pet.
Frequently Asked Questions (FAQs)
What are the benefits of a multi-pet insurance policy?
One key benefit is the convenience of managing multiple policies with one insurer. They can also provide discounts.
Is pet insurance cheaper with multiple pets?
Yes, if your insurer offers a multi-pet discount. However, price comparison across multiple providers is also crucial.
Does a pet insurance policy cover more than one pet?
Typically, separate policies are needed for each pet, but they can be managed through one account.
Is there a time limit for adding a pet to my account?
No time limit exists for adding a pet to the current account.
Methodology
The analysis used data from PetInsurer.com to score each pet insurance company based on:
- Pet insurance rates (40% of score)
- Special waiting periods (10%)
- Direct payment to vet (10%)
- 24/7 vet health line (10%)
- Wellness plans (10%)
- Veterinary exam fees (10%)
- Euthanasia or end-of-life expenses (5%)
- Multi-pet discount (5%)
