How Much is Pet Insurance?

How Much Does Pet Insurance Cost on Average 

Unexpected vet bills can be a real shocker, turning a simple visit into a financial dilemma. Imagine this: every 6 seconds, a pet owner faces a vet bill over $1000, while 56% of Americans have less than $1000 in savings. It's a recipe for stress and tough decisions.     But here's the good news: pet insurance doesn’t have to be a wallet-buster. It's surprisingly affordable and, best of all, customizable to fit your budget.    So, how much does pet insurance actually cost? According to US News, you’re looking at an average monthly cost between $26 to $277 for the dog parents out there. Cat owners, you’re in luck with slightly lower averages ranging from $11 to $90. Remember, these figures can vary based on your pet’s breed, age, and your location.    Now, here's the even better news: Embrace's averages are much more budget-friendly. 

But hey, let’s not just throw numbers at you. We want to be transparent and help you understand what you're really signing up for. Scroll down to see what our policyholders actually pay – real rates for real pets. 

And the best part? Getting a quote from us is easy-peasy – free, fast (under 2 minutes), and you get your answer on the spot. Ready to find out?   

How Much is Dog Insurance?

The average cost of dog insurance hovers around $88 per month, according to quotes analyzed by Investopedia. But much like our canine companions, rates vary widely.     Now let’s take a peek at Embrace's rates - for most of our pet parents, it's surprisingly affordable. Most of our dog parents pay between $18 and $72 per month. Plus, Embrace goes the extra mile by covering exam fees, saving you an additional $50-$200 per visit. 

Protecting your furry friend has never been this accessible. From Labs to Frenchies and every mixed breed in between, Embrace has you covered. 

Your coverage choices, like annual limits and deductibles, allow you to create a plan as unique as your furry friend while making sure it meets your budget.  

How Much is Cat Insurance 

Navigating the world of pet insurance can be as perplexing as figuring out why cats love boxes so much. Just like our diverse dog friends, cat insurance rates vary widely.  

On average, cat insurance comes in at around $28.57 per month, according to the North American Pet Health Insurance Association (NAPHIA). But when it comes to Embrace's rates for different cat breeds, you'll find flexibility to fit your furry friend's needs. 

Our cat insurance plans usually range from $8 to $38 per month for most pet parents. And here's the cherry on top – Embrace goes above and beyond by taking care of those pesky exam fees, putting an extra $50 to $200 back in your pocket with each visit.     Tailoring your coverage with options like annual limits and deductibles lets you craft a plan that perfectly aligns with your furry companion's needs while staying within your budget. 

How Can You Get Affordable Pet Insurance? 

Getting affordable pet insurance doesn't mean sacrificing coverage - you have options that provide both peace of mind and protection for your furry friend.    Some providers offer plans with more exclusions and low lifetime limits that might not provide the protection you need when it matters most. 

Or, you can choose a pet insurance provider that lets you customize your coverage. Look for insurance plans that allow you to adjust your deductible, set custom annual payouts, and change your reimbursement percentage.  

With Embrace, you're in control of your plan. You can adjust your deductible, set custom annual payouts, and change your reimbursement percentage to create a plan that fits your budget. 

With this flexibility, you have the freedom to design a plan that suits your budget while still providing comprehensive coverage for your furry friend.  

Don't compromise on your pet's well-being or your financial peace of mind when you can have both.   

Factors that affect the cost of pet insurance 

Pet Species 

When it comes to pet insurance, the type of pet you have matters. Dogs and cats each have their unique quirks, and that can impact insurance costs. While dogs may have higher premiums on average, remember that the final price is a blend of various factors, not just your pet's species. 

Pet Breed 

Different breeds come with their own set of tendencies when it comes to health. For example, some breeds like Rottweilers and Shepherds are more prone to conditions like hip dysplasia and cruciate ligament tears, which require expensive treatments. This leads to higher insurance premiums for these breeds. On the flip side, breeds like Shih-Tzus and Cocker Spaniels are less likely to face these issues, resulting in more budget-friendly insurance rates. 

Pet Gender 

Pets have their unique personalities, and sometimes that can lead to differences in insurance costs. Statistics show that male pets often engage in riskier behaviors, such as adventurous escapades that can result in injuries. Additionally, certain health conditions like testicular cancer and prostate disease are more common in males. As a result, insurance companies may charge slightly higher premiums for male pets. Female pets, on the other hand, are often considered lower risk and are priced accordingly. 

Pet Age 

Our furry friends age gracefully, but it's important to consider their age when it comes to insurance. Pet insurance plans often adjust their cost as pets grow older. Why? Because older pets are more likely to require medical attention. The premium reflects the increased care they might need during their golden years. 


Where you and your pet call home can also influence insurance costs. It's a simple fact that veterinary care varies in price across different locations. Big cities tend to have higher costs due to advanced treatment options and the overall cost of living.  

Is Pet Insurance Worth the Cost? 

Veterinary costs are skyrocketing, and as a pet owner, it's a problem we'd all prefer to avoid. 

Picture your pet facing a health issue, and those vet bills start piling up. The stress builds, and you wonder if you can provide the care they need without emptying your wallet. It's a tough spot no pet parent wants to be in, leading to heartache and tough choices. 

Now, let's talk numbers. Treatment for pneumonia? It can hit you for over $1700 per claim. Neuropathy? That's often more than $1500 per claim. And a car accident? Be prepared for a bill of over $2000. And remember, these are just for single incidents! 

But here's the twist: some health issues require multiple treatments, and those expenses can stack up fast. A gastrointestinal tract obstruction? That's an average of over $6500. And if your pet faces meningioma, the bill averages over $7000! 

So, the bottom line is crystal clear – one unexpected event is all it takes for pet insurance to ride in as the hero, saving your pet (and your hard-earned savings). It's the kind of peace of mind that's truly priceless. 

Beware Cheap Pet Insurance 

When it comes to pet insurance, a low price tag might seem tempting, but beware: sometimes, cheap pet insurance comes with a hidden catch. The problem lies in its limited coverage. 

You think you're saving a few dollars, but when an unexpected vet bill lands on your doorstep, you're left with hefty expenses because your insurance doesn't cover much. It's a situation that can quickly turn a pet parent's world upside down, causing stress and tough decisions.    But not all pet insurance plans are created equally. At Embrace, we believe in going the extra mile to ensure your furry companion gets the care they need. We don't cut corners when it comes to coverage. Unlike some other plans, you’ll find we: 

  • Cover exam fees, saving you an extra $50 to $200 per visit.  

  • Don't charge extra premiums for pets involved in activities like racing or working.  

  • Offer dental illness coverage 

  • Provide extra office visits for senior pets 

  • Cover conditions like hip dysplasia 

And because we understand that your pet's health concerns don't always stick to a 9-to-5 schedule, we've got a 24/7 pet telehealth hotline, so you can get answers and guidance whenever you need them. 

The solution? Invest in comprehensive pet insurance that provides the coverage your furry companion deserves. Don't settle for a cheap plan that leaves you high and dry when you need it most. Prioritize your pet's well-being with quality coverage that ensures their health is always in good hands. 

Pet Insurance Costs by State 

Just like everything else, pet insurance costs can vary depending on where you live. It's a bit like how gas prices change from state to state. In some places, you might find that pet insurance is more budget-friendly, while in others, it can be a bit pricier.     Factors such as regional veterinary care costs and the overall cost of living can influence the price of your pet insurance policy. So, whether you're in a bustling urban center or a tranquil rural area, you'll want to know what you're in for, right? Well, the best way to see the pricing for your specific state is by grabbing a free instant quote. 

Pet Insurance Costs by Breed 

The world of pet insurance is as diverse as the pets it covers. Costs can vary significantly based on your pet's breed, species, and age. Different breeds come with their unique health considerations, influencing the price of insurance. Whether you have a playful puppy or a wise old companion, understanding these factors can help you make an informed choice when it comes to your furry friend's coverage. 

FAQs on Pet Insurance Costs

What is the average cost of pet insurance in the US?

The average cost of pet insurance in the US can vary significantly depending on factors such as your pet's breed, age, and the specific coverage you select. On average, Embrace offers affordable monthly premiums, typically ranging from approximately $8 to $38 for most cats and $18 to $72 for most dogs. These averages provide a snapshot of what pet parents can expect, but keep in mind that your individual circumstances may result in slightly higher or lower costs.  

Is it better to have pet insurance or not?

Whether to have pet insurance or not depends on your individual situation and your willingness to cover unexpected vet bills. Pet insurance provides peace of mind and financial support during emergencies, ensuring your pet receives the care they need. It can be a valuable investment in your pet's health and your peace of mind. 

What does pet insurance cover?

Pet insurance typically covers a wide range of veterinary expenses, including accidents, illnesses, surgeries, diagnostic tests, and medications. Some policies also offer coverage for preventive care, such as vaccinations and annual check-ups. The specific coverage can vary between insurance providers and plans, so it's essential to review policy details. 

Why would you want pet insurance?

Pet insurance means you can always afford top-notch care for your furry companion when accidents or illnesses happen. No tough choices between your pet's health and your budget. Think about it – expensive treatments like pneumonia at over $1700 per claim, neuropathy often costing more than $1500 per claim, or car accident bills exceeding $2000 for a single incident! And some health issues mean multiple treatments, like gastrointestinal tract obstruction at over $6500 on average or meningioma averaging over $7000. Pet insurance ensures you can provide the best care without hesitation, securing your furry friend's well-being and happiness.

Does pet insurance cover medication?

Yes, most pet insurance plans cover medications prescribed by a licensed veterinarian as part of the treatment for covered conditions. This can include medications for illnesses, injuries, or chronic conditions. However, coverage details may vary between policies, so it's essential to review the terms of your specific plan to understand the extent of medication coverage. 

*Complementary treatments were previously called alternative therapies.