Updated: June 10, 2025
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Start by determining the right coverage level, finding available insurers and comparing your options. You can also consult your vet, check for discounts and carefully review plans before deciding on an option.
There are four major factors to consider when figuring out how much pet insurance to get: the pet’s age, breed, size and location.
The cost of pet insurance may vary by pet, but average annual rates are $608 for dogs and $300 for cats.
Getting pet insurance protects you from unexpected veterinary bills that can reach $3,000 to $10,000 or more. With average annual costs of $608 for dogs and $300 for cats, pet insurance makes quality healthcare affordable when your pet needs it most.
Finding the right policy doesn't have to be overwhelming. Follow these seven straightforward steps to secure coverage that fits your pet's needs and your budget.
Figure out what type of coverage fits your pet’s needs.
Consider your budget. The broader the range of coverage offered by insurance, the higher the premium. Higher coverage amounts are also more expensive.
Research pet insurance companies that provide coverage in your area. You can start by searching online or asking friends or family for recommendations. Create a list of possibilities and explore their websites to get an idea of their plans.
Keep in mind that premium rates vary by insurance provider.
Examine the company’s track record. Reading customer reviews can give you an idea of how the insurer handles claims and complaints.
Get personalized quotes from multiple insurers. Some companies offer online quotes, which makes it easier to compare plans, covered conditions and pricing.
Pet insurance costs vary by state, coverage limit, insurer and pet.
Ask your veterinarian if there’s a certain coverage type they recommend. Depending on your pet’s health, there may be conditions and illnesses they’re at risk of getting down the road.
Although some vets may not want to endorse insurance providers to their patients, some are open to giving advice based on their experience.
Some companies may offer special deals. For instance, you may get a discount if you take out more than one type of insurance from the same company. Some insurers also offer a multi-pet discount for clients who insure more than one pet.
If you’re unsure whether a company offers discounts, ask an agent about special deals you may qualify for.
Once you’re confident about an insurer, your next step is to inform them about your desire to get pet health insurance. Discuss the details of their policy offer. Don’t hesitate to ask about things that are unclear to you. Make sure you read the fine print. Take note of the coverage limit, conditions covered, payment frequency and deductible.
Understanding the options available will help you find the best pet insurance. Weigh the pros and cons of each company. Check what types of coverage they offer and if special policy features are suitable for your pet. For example, the best provider for cats may not be the best option for exotic pets.
When choosing a pet insurance policy, ensure that you're getting the right coverage. Evaluating certain factors can help you determine how much pet insurance to get.
Consider your pet's age, breed and size. Where you live may also affect the coverage limit that you'll need. Insurance providers also use these factors when calculating premium rates.
If you’re getting pet insurance coverage early, a lower coverage limit may be enough. Typically, younger pets are healthier. Older pets may require higher limits as they’re more at risk of having pre-existing conditions, getting injured and developing serious conditions.
Some breeds are more prone to developing certain illnesses and hereditary conditions. They may require more visits to the vet and expensive treatments.
Certain breeds also exhibit more dangerous behaviors, such as swallowing foreign objects. If such is the case for you, consider getting a higher coverage level.
Typically, larger breeds are more expensive to insure and may require higher coverage amounts. They may need higher dosages of medication. They often age faster, so they may get sick more often than smaller breeds.
Life spans also vary. Larger breeds tend to have shorter life spans.
The recommended pet insurance coverage amount may vary by state. For instance, the recommended coverage is $3,000 to $8,000 in Alabama and $8,000 to $20,000 in California.
Location is also a significant factor in determining pet insurance premiums. Policies are typically more expensive in states with a higher cost of living because veterinarians in these areas charge more. Pet owners in rural areas spend less on pet insurance because of the lower cost of living.
State | Coverage |
|---|---|
Alabama | $3k to $8k |
Alaska | $8k to $20k |
Arizona | $5k to $10k |
Arkansas | $3k to $8k |
California | $8k to $20k |
Colorado | $5k to $15k |
Connecticut | $8k to $20k |
Delaware | $5k to $15k |
Florida | $5k to $10k |
Georgia | $3k to $8k |
Hawaii | $8k to $20k |
Idaho | $5k to $10k |
Illinois | $5k to $10k |
Indiana | $5k to $10k |
Iowa | $5k to $10k |
Kansas | $3k to $8k |
Kentucky | $5k to $10k |
Louisiana | $5k to $10k |
Maine | $5k to $15k |
Maryland | $8k to $20k |
Massachusetts | $8k to $20k |
Michigan | $3k to $8k |
Minnesota | $5k to $15k |
Mississippi | $3k to $8k |
Missouri | $3k to $8k |
Montana | $5k to $15k |
Nebraska | $5k to $10k |
Nevada | $5k to $15k |
New Hampshire | $5k to $15k |
New Jersey | $8k to $20k |
New Mexico | $3k to $8k |
New York | $8k to $20k |
North Carolina | $5k to $10k |
North Dakota | $5k to $10k |
Ohio | $5k to $10k |
Oklahoma | $3k to $8k |
Oregon | $8k to $20k |
Pennsylvania | $5k to $15k |
Rhode Island | $8k to $20k |
South Carolina | $5k to $10k |
South Dakota | $5k to $10k |
Tennessee | $3k to $8k |
Texas | $5k to $10k |
Utah | $5k to $10k |
Vermont | $5k to $15k |
Virginia | $5k to $15k |
Washington | $5k to $15k |
West Virginia | $5k to $10k |
Wisconsin | $5k to $10k |
Wyoming | $3k to $8k |
Pet insurance provides financial protection, but it can also be costly. Fortunately, there are ways to reduce costs.
These are only some ways to get lower premiums. Comparing quotes from multiple insurers can help you find affordable options.
There are several factors affecting the cost of pet insurance, including breed, age, location and possible pre-existing conditions.
Based on MoneyGeek’s study, dog owners spend an average of $608 per year on pet insurance. Pet insurance for cats, on the other hand, costs an average of $300 annually. Actual premiums may vary depending on coverage options and other factors.
Some animals are more expensive to insure. For example, dog owners tend to pay more than cat owners. But there’s also a disparity across animal breeds.
The most expensive dog breed to insure is the Bernese Mountain Dog, with an average cost of $1,246 per year. Pet insurance plans for Chihuahuas are the cheapest, with an average annual rate of $450.
Price disparity can also be observed across cat breeds. Pet insurance for Maine Coons is the most expensive at $1,211 per year on average. Policies for medium-hair cats are the cheapest at $510 per year on average.
The cost of pet insurance may also vary by breed size. Having smaller breeds may help you qualify for lower pet insurance rates. Generally, smaller breeds have fewer health problems. Insurance providers also see them as less risky to insure.
Getting the best pet insurance requires considering your pet's age, breed, size and location when determining coverage needs. This guide outlines the steps to compare quotes from multiple providers and thoroughly review plan details. It also helps you find affordable coverage that protects against unexpected veterinary expenses.
Start by assessing your pet's specific needs, then compare personalized quotes from providers in your area before making your final decision.
Understanding the answers to some of the most frequently asked questions about getting pet insurance coverage can help you determine the best insurance plan for your pet.
Finding the right pet insurance policy can be challenging, especially for first-time buyers. But knowing the steps you need to take can help.
Complete each step one at a time to make the whole ordeal more manageable.
The right coverage limit depends on your pet’s needs. Among the factors, you need to consider are your pet’s age, breed, size and location.
Pet insurance for dogs costs an average of $608 per year. Meanwhile, the average annual cost of pet insurance for cats is $300.
Actual costs may differ. Rates depend on the insurance provider, coverage limits, conditions covered and the pet’s circumstances.
MoneyGeek believes that data helps us make better financial decisions. For pet insurance, our data team spent countless hours gathering thousands of pet insurance quotes across the 13 largest providers to ensure you find the best affordable policy to meet your pet’s needs.
For the MoneyGeek rating score, we weighted affordability by coverage level at 50% of the total score and weighted our 24 qualitative research policy option data points at 50%.
To obtain average cost data, the data used in this article were based on a male Goldendoodle dog. Your coverage costs and limitations will vary based on the type of pets you own and other factors. The details for the sample policies used above are as follows:
Maximum Coverage Amount | Deductible | Reimbursement (Percentage) |
|---|---|---|
$5,000 | $500 | 80% |
$10,000 | $250 | 80% |
Unlimited | $250 | 90% |
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
