Best Cheapest Pet Insurance Companies Of 2024

A pet is a man’s best friend, and it is so widely true. For a best friend, we tend to do one bit extra, be it with food choices or insurance. Their health and wellness is always at the forefront for every pet parent which is why opting for the right insurance company is key.

Pet insurance can cover most or all of the expenses incurred in case your pet needs medical attention. From treatments like neutering/spaying or tick treatments to vaccination, some treatments can leave a hole in your pocket. Pet insurance is the best option to prevent that from happening.

Here, our team of experts have compiled the list of cheapest pet insurance companies best to be opted for in 2024.

Cheapest Pet Insurance Companies Of 2024

  • ManyPets: Most Annual Coverage
  • Lemonade: Most Affordable
  • Healthy Paws: Most Cheapest Plans
  • Embrace: Most Coverage Benefits
  • Spot: Most Customizable
BPA Rating
Cheapest Pet Insurance Companies
Average cat plan cost:
 $15 per month
  • From emergency treatment to preventive care, unlimited coverage for qualified vet bills
  • Wellness plans also covers routine check-up, vaccinations, professional cleanings and at-home dental care
  • Average dog plan cost: $20
BPA Rating
Cheapest Pet Insurance Companies
Average cat plan cost:
 $16 per month
  • Offers a 5% annual payment discount + a 5% discount for enrolling multiple pets + a 10% discount for bundling your policy with Lemonade property insurance
  • Takes a flat fee. Has the cheapest premiums when average policy options are selected
  • Average dog plan cost: $30
BPA Rating
Cheapest Pet Insurance Companies
Average cat plan cost:
$25 per month
  • Cover includes accidents, illnesses, cancer, emergency care, genetic and hereditary conditions, breed-specific conditions, and alternative care.
  • Coverage is provided with no maximum limits on claim payouts, no per-incident, annual or lifetime caps
  • Average dog plan cost: $58
BPA Rating
Cheapest Pet Insurance Companies
Average dog plan cost:
$58 per month
  • Covers vet exam fees and access to a 24/7 pet health line
  • Coverage includes illnesses & conditions, accidents & injuries, dental work and prescriptions
  • Pet Wellness Plan for routine health care available
BPA Rating
Cheapest Pet Insurance Companies
Average dog plan cost:
$59 per month
  • Offers a 10% discount for insuring more than one pet & 10% group employee discount (if your company offers this benefit)
  • It is the same plan offered by ASPCA with different choices for annual limits and deductibles
  • Free pet insurance quote can be generated in 30 seconds

What Is the Best And Most Affordable Pet Insurance?

According to our research, ManyPets is the most affordable pet insurance company for pets including cats and dogs. They are offering highly-customizable plans with protection against illnesses and accidents as well as an optional wellness plan for preventive and routine care.

Their plan offers:

✅Unlimited coverage for qualified vet bills
✅Fast direct deposit reimbursements
✅Free quote in 2 minutes with no commitment

They have several unique coverage features with competitive pricing, but unfortunately, they are not available across all of the United States.

What Should Pet Insurance Cover?

Different pet insurance provides offer different services and features. Comparing them and their estimated quotes are the best ways to decide which one suits your needs the best. Keeping the unique features aside, the standard features provided in a coverage are as follows:

Accidents (e.g. wounds)

Regular illnesses (e.g. vomiting)

Congenital conditions – (e.g. eye or limb defects)

Serious illnesses (e.g. cancer)

Imaging (e.g. MRIs)

Chronic illnesses (e.g. skin conditions)

Hereditary conditions (e.g. epilepsy)

Diagnostics (e.g. ultrasounds)

Surgery (e.g. anesthetic & vet-prescribed drugs)

Do You Need A Pet Insurance For Your Pet?

The short answer is ‘YES’. Medical treatments are expensive be it for humans or the pets. Through the life of a pet, thousands of dollars are expected to be spent behind their medical treatments. Treatments for some severe conditions can easily single-handedly exceed $10,000. In addtion to the calculated medical costs, there are emergency situations where immediate treatments cost a huge amount. And if you are not in a position to pay, it can be an emotional ride for the family of the pet. Insuring your cat or the dog is a smart financial move that saves tons of money and gives you the needed piece of mind.


Our team of experts have reviewed different plans, costs and discounts provided by various pet insurance companies to narrow down the list to top 5 cheapest pet insurance companies.

Our team analyzed the data for more than 15 top pet insurance companies from their authorized websites and various other recommended sites.

Following are further factors taken into consideration before rating the pet insurance companies: 

  • Monthly pricing
  • Plan options
  • Plan benefits
  • Covered treatments
  • Wellness care 
  • Customer care 

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