Deciding to get dog insurance can be tough, especially with all the different prices out there. With vet bills going up, it’s key to know how much it costs to keep your dog healthy and safe. So, just how much does dog insurance really cost?
Key Takeaways
- The average cost of pet insurance for dogs is $51 per month for a policy with $5,000 in annual coverage, a $250 deductible, and an 80% reimbursement level.
- For a policy with unlimited annual coverage, a $250 deductible, and an 80% reimbursement level, the average cost is $76 per month.
- Dog owners can expect to pay anywhere from $25 to $150 per month for pet insurance, depending on factors like the dog’s age, breed, and the amount of coverage chosen.
- Breed and age are significant factors in determining the cost of dog insurance, with higher premiums for certain breeds and senior dogs.
- Exploring options like mixed-breed dogs, higher deductibles, and employer-based discounts can help lower the cost of pet insurance for dogs.
Average Cost of Pet Insurance for Dogs
The average cost of pet insurance for dogs in the U.S. is $51 monthly for $5,000 coverage. It’s $76 monthly for unlimited coverage, says Forbes Advisor. But, the cost can change a lot based on the dog’s age, breed, and where you live.
Younger dogs and smaller breeds usually cost less for insurance. Older dogs and some breeds, like Rottweilers, cost more. For example, a 2-year-old mixed-breed dog costs between $23 and $63 monthly, depending on where you are.
| Pet Insurance Coverage | Average Monthly Cost |
|---|---|
| $5,000 Annual Coverage | $51 |
| Unlimited Annual Coverage | $76 |
NAPHIA says the average yearly cost for dog insurance is about $1,058, or $88 monthly. But, costs can vary from $18 to $72 monthly. This depends on the coverage and customizations you choose.
“The overall average of the lowest and highest premium for dog insurance across 17 companies is $94.13 per month.”
Many things can affect how much pet insurance costs for a dog. These include the dog’s species, breed, gender, age, and where you live. You can also change the cost by adjusting deductibles, setting custom payouts, and changing the reimbursement percentage.
Factors Affecting Dog Insurance Cost
Several key factors can change the cost of pet insurance for dogs. A dog’s breed and age are two main things that insurance providers look at. These factors greatly influence the prices they set.
Breed
A dog’s breed can greatly affect insurance costs. Small mixed-breed dogs are usually the cheapest to insure. They cost about $34 a month for $5,000 in coverage and $51 for unlimited.
On the other hand, some purebred breeds like Rottweilers are very expensive. They can cost up to $88 a month for $5,000 in coverage and $154 for unlimited.
Age
A dog’s age is also a big factor in insurance costs. Older dogs often need more medical care, which raises their insurance rates. As dogs get older, they face a higher risk of health problems.
Getting insurance for your dog when they’re young can save you money. This way, you can keep costs lower as your dog ages.
In summary, a dog’s breed and age are key factors in pet insurance costs. Knowing these can help pet owners choose the best insurance for their dogs.
How Much Is Pet Insurance for a Dog by Breed
The cost of pet insurance varies a lot based on a dog’s breed. Forbes Advisor found that small mixed breed dogs are the cheapest to insure. They cost about $34 a month for $5,000 in coverage and $51 for unlimited coverage.
On the other hand, Rottweilers are the priciest. They cost around $88 a month for $5,000 in coverage and $154 for unlimited coverage.
Mixed Breed Dogs
Mixed breed dogs usually cost less to insure than purebreds. This is because they are less likely to have health problems common in certain breeds. The average monthly cost for a mixed breed dog is about $34 for $5,000 in coverage and $51 for unlimited coverage.
Rottweilers
Rottweilers are very expensive to insure because of their health issues. They cost about $88 a month for $5,000 in coverage and $154 for unlimited coverage. This is because they often get hip and elbow dysplasia, common in big and purebred dogs.
| Breed | Average Monthly Cost (Accident & Illness, $5,000 Annual Limit) | Average Monthly Cost (Accident & Illness, Unlimited Annual Limit) |
|---|---|---|
| Mixed Breed | $34 | $51 |
| Rottweiler | $88 | $154 |
The cost of pet insurance for dogs varies a lot by breed. Small mixed breed dogs are the cheapest, while big and purebred dogs like Rottweilers cost more. This is because they are more likely to have health problems. Knowing these differences helps pet owners choose the best insurance for their dogs.
How Much is Pet Insurance for a Dog
The cost of pet insurance for dogs varies a lot. On average, a policy with $5,000 annual coverage, a $250 deductible, and 80% reimbursement costs about $51 a month. But, if you choose a policy with unlimited coverage, the monthly cost goes up to $76.
Your dog’s age, breed, and where you live also affect the cost. Younger, smaller, and mixed breed dogs are usually cheaper. In contrast, older, larger, and purebred dogs might cost more because they’re at higher risk for health problems. For instance, a small mixed breed dog might cost just $34 a month for $5,000 coverage. But, a Rottweiler could cost up to $88 a month for the same coverage.
| Breed | $5,000 Annual Coverage | Unlimited Annual Coverage |
|---|---|---|
| Mixed Breed | $34 | $51 |
| Rottweiler | $88 | $154 |
When picking a pet insurance plan, think about your dog’s specific needs and how much coverage you need. Knowing what affects dog insurance pricing and canine medical coverage costs helps you choose the best plan for your dog.
“The average cost of pet insurance for a dog is $51 per month for a policy with $5,000 of annual coverage, and $76 per month for a policy with unlimited annual coverage.” – Forbes Advisor
Dog Insurance Cost by State
Location is a big factor in how much dog insurance costs. The price of pet insurance changes a lot from state to state in the U.S. This change is mainly because of the cost of vet care and living costs in each area.
In Georgia and Texas, dog owners pay about $44 a month for a $5,000 plan. But in Maryland, the cost is much higher, with an average of $91 a month for unlimited coverage.
| State | Average Monthly Cost for $5,000 Annual Coverage | Average Monthly Cost for Unlimited Annual Coverage |
|---|---|---|
| Georgia | $44 | $60 |
| Texas | $44 | $67 |
| Maryland | $54 | $91 |
| New York | $49 | $77 |
| California | $52 | $83 |
These changes in dog insurance costs by state are key for pet owners to think about. They help understand how location affects pet insurance rates. This is important when planning for your pet’s health care costs.
Knowing how location impacts insurance costs helps dog owners choose the right plan. It ensures they get coverage that fits their budget and their pet’s needs.
Cost of Cat Insurance
While dogs might cost more, cat insurance is key for pet owners. The average cost of pet insurance for cats is about $27 monthly for $5,000 coverage. For unlimited coverage, it’s $37 monthly. The cost of cat insurance changes based on the cat’s age, breed, and coverage level. Owners usually pay between $14 and $65 monthly.
One in three pets needs unexpected vet care each year. This shows why good pet insurance is crucial. Young pets are cheaper to insure than older ones. The deductible and maximum payout also affect the cost. Fetch offers customizable plans to fit your cat’s needs and budget.
| Pet Species | Average Monthly Cost | Cost Range |
|---|---|---|
| Cats | $28.57 | $8 – $38 |
| Dogs | $26 – $277 | $18 – $72 |
Compared to dogs, cat insurance is more affordable. Yet, owners should still pick the right plan for their cat. Good pet insurance means peace of mind and better health for your cat.
“1 out of 3 pets require unexpected veterinary care each year, underscoring the importance of comprehensive pet insurance.”
Pet Insurance Companies and Costs
Pet insurance costs vary a lot based on the provider and plan. Forbes Advisor found that ASPCA has the cheapest prices for dogs and cats. For dogs, it’s $25 a month for a $5,000 policy. For cats, it’s $14 a month for the same policy.
On the other hand, Pumpkin and Trupanion have the priciest plans. Trupanion’s dog plans can cost up to $150 a month. By looking at quotes from different pet insurance providers and pricing, you can find great deals.
Here’s a closer look at the top pet insurance companies and their average costs for dogs and cats:
| Company | Dog Insurance (Monthly) | Cat Insurance (Monthly) | Rating |
|---|---|---|---|
| ASPCA | $31 – $73 | $14 | 5/5 stars |
| Embrace | $44 – $80 | N/A | 5/5 stars |
| Hartville | $32 – $77 | N/A | 5/5 stars |
| MetLife | $42 – $78 | N/A | 5/5 stars |
| Pets Best | N/A | N/A | Best for Dogs |
| Spot | N/A | N/A | Best for Cats |
In the U.S., pet insurance costs range from $17 to $56 a month for dogs. For cats, it’s $10 to $32 a month. The price depends on coverage, deductible, and the pet’s age and breed.
By comparing dog and cat insurance rates across companies, you can find the best coverage for your pets at a good price.
Conclusion
The cost of pet insurance for dogs and cats varies a lot. This depends on the pet’s age, breed, where they live, and the coverage level. On average, dog insurance costs $51 monthly for $5,000 coverage and $76 for unlimited. Cat insurance is $27 monthly for $5,000 coverage and $37 for unlimited.
To find affordable pet insurance, owners should compare quotes from different providers. They should think about what affects the cost for their pets. This way, they can choose the best plan for their pets without spending too much.
Whether to get pet insurance or not, owners should plan for vet bills. Being informed and proactive helps them give their pets great care while keeping their finances stable.
FAQ
What is the average cost of pet insurance for dogs?
Forbes Advisor found that dog insurance costs about $51 monthly for $5,000 coverage. For unlimited coverage, it’s $76 per month.
What factors affect the cost of dog insurance?
Several things can change how much dog insurance costs. These include the dog’s age, breed, and where you live. Younger, smaller, and mixed breed dogs are cheaper. But older, bigger, and purebred dogs cost more because they’re at higher risk for health problems.
How much does pet insurance cost for different dog breeds?
Forbes Advisor found that small mixed breed dogs are the cheapest to insure. They cost $34 monthly for $5,000 coverage and $51 for unlimited. On the other hand, Rottweilers are the priciest, costing $88 monthly for $5,000 coverage and $154 for unlimited.
How do insurance costs vary by location?
Insurance costs can also change based on where you live. Forbes Advisor found that Georgia and Texas are the cheapest for dog insurance with $5,000 coverage, at $44 monthly. For unlimited coverage, Georgia is cheapest at $60 monthly, while Maryland is the most expensive at $91.
How much does cat insurance cost compared to dog insurance?
Forbes Advisor found that cat insurance is cheaper than dog insurance. It costs $27 monthly for $5,000 coverage and $37 for unlimited. This is lower than the $51 to $76 monthly range for dogs.
How do insurance costs vary across different providers?
The provider and plan you choose also affects costs. Forbes Advisor found that ASPCA has the cheapest prices for dogs and cats. Pumpkin and Trupanion, however, have the most expensive plans.