Last Updated on April 26, 2023 by Dogs Vets
How does multiple pet insurance work?
If you have more than one furry friend at home, you might be wondering if pet insurance is cheaper for two dogs than for one.
After all, vet bills can add up quickly, especially if your pets have any health issues or accidents.
In this blog post, we will explore the benefits and drawbacks of multi-pet insurance plans, and help you decide if they are worth it for your situation.
What is multi-pet insurance?
Multi-pet insurance is a type of policy that covers two or more pets under one plan.
Usually, you can get a discount for insuring multiple pets with the same provider, ranging from 5% to 20% depending on the company and the number of pets you have.
Some providers also offer other perks for multi-pet policies, such as a single deductible, a single claim form, or a single renewal date.
The advantages of multi-pet insurance
There are several reasons why you might want to consider multi-pet insurance for your dogs:
– You can save money on premiums by getting a multi-pet discount
– You can simplify your paperwork and administration by having one policy for all your pets
– You can avoid paying multiple deductibles or excesses if your pets need treatment at the same time
– You can ensure that all your pets have the same level of coverage and benefits.
The disadvantages of multi-pet insurance
However, multi-pet insurance also has some drawbacks that you should be aware of:
– You might not be able to customize your policy for each pet’s individual needs and preferences
– You might have to pay more if one of your pets has a pre-existing condition or a higher risk profile
– You might have to switch providers or cancel your policy if one of your pets passes away or is rehomed
– You might have to deal with a lower customer service quality or satisfaction if you choose a provider based on price rather than reputation.
Is pet insurance cheaper for two dogs?
The answer to this question depends on several factors, such as:
– The breed, age, and health of your dogs
– The type and level of coverage you want for your dogs
– The provider and plan you choose for your dogs
– The discounts and offers available for multi-pet policies
To give you an idea, we compared some quotes from different providers for two mixed-breed dogs, one male and one female, both aged 2 years old, with no pre-existing conditions.
We assumed that they live in Redmond, Washington, and that they are spayed/neutered and microchipped.
We also looked for comprehensive policies that cover accidents, illnesses, hereditary conditions, chronic conditions, alternative therapies, behavioral issues, dental care, prescription food, and euthanasia. Here are the results:
| Provider | Plan | Annual limit | Reimbursement | Deductible | Monthly premium | Multi-pet discount |
| ——– | —- | ———— | ————- | ———- | ————— | —————— |
| Figo | Preferred | Unlimited | 80% | $250 | $64.92 | 5% |
| Pets Best | Elite | Unlimited | 90% | $250 | $69.58 | 5% |
| Lemonade | Ultimate | $100,000 | 90% | $250 | $71.98 | 10% |
| ManyPets | Premium | Unlimited | 90% | $250 | $72.90 | None |
| TrustedPals| Best | Unlimited | 90% | $250 | $79.18 | None |
As you can see, the cheapest option for two dogs is Figo with a monthly premium of $64.92 and a 5% multi-pet discount.
The most expensive option is TrustedPals with a monthly premium of $79.18 and no multi-pet discount. The difference between the cheapest and the most expensive option is $14.26.
If you have multiple pets, it can be difficult to come up with a plan to take care of them. There are many different options depending on the number of pets in your home.
When purchasing pet insurance for multiple pets, you have the option of purchasing a single policy for all qualifying pets or purchasing individual coverage for each.
Additionally, even if your pets are covered under the same policy, you may have a separate annual deductible and reimbursement amount for each pet.
Filing a claim is identical for numerous pets as it is for a single pet. You’ll pay your pet’s vet cost in full and then file a claim to the insurance company for reimbursement. You’ll only need to specify which pet was the subject of the claim.
If you do have different policies for each of your dogs, you can often manage them all using the mobile app or online site of your provider.
What Are Some Good Reasons to Get Pet Insurance?
There are many reasons to get pet insurance. Some of them include:
- You can save money on vet bills
- You can have peace of mind that your pet is taken care of if it gets sick or injured
- You can be sure that your pet will be taken care of in the event that you cannot be there
- It’s a good idea to get pet insurance if you have a new puppy or kitten, so you know what the cost will be when they grow up.
Reasons to get pet insurance
Pet insurance is a must-have for any pet owner. Not only do they protect your furry friends from the unexpected, but they also provide peace of mind when you’re away from them.
Whether or not you have an existing pet, or if your kids are bringing home a new one soon, now is the time to get pet insurance.
How to Find the Best Pet Insurance for Your Needs
When you’re looking for a pet insurance company, it can be difficult to know where to start. There are so many options out there and not all of them are created equal.
To avoid getting scammed, make sure that you use a reputable company that has been around for a while and has happy customers.
When you’re looking for the best pet insurance company, it’s important to know what kind of coverage you need. Do you want to just protect your home or your pet? Or maybe both?
The type of coverage that is right for your needs will depend on the size of your dog or cat and what they like to do in their day-to-day life.
Try Using a pet insurance search engine
A pet insurance search engine is an online tool that allows users to compare pet insurance policies. It also provides information about the different types of pet insurance plans and the features of each plan.
PolicyGenius is a website that provides an easy way to search for policies, compare them, and purchase insurance from one of the many companies available. The site also allows users to create their own policy for a fraction of the cost.
Can I tailor my policy to the specific needs of each pet?
Even if your pets are covered under a single policy, you may be able to customize their deductible and reimbursement levels.
Additionally, some insurers allow you to select a separate plan type for each pet.
For instance, you may get a plan that covers simply accidents for one pet and a comprehensive plan that covers both accidents and illnesses for the other pet.
The requirements differ per insurer; therefore, you should contact your provider for additional information.
What is the cost of insurance for many pets?
The cost of insurance for several pets varies according to a variety of circumstances, including the following:
- Number of pets: The more pets you cover, the higher the premiums may be.
- Age: The older the pets are at the time coverage begins, the more expensive it is.
- Breed: Insurers are aware of which dog and cat breeds are more prone to illnesses and chronic ailments. This knowledge is applied to the pricing of insurance policies.
- Injury risk and veterinary care costs vary by location.
- As with individual health insurance, a lower deductible results in a higher coverage premium and vice versa.
Percentage of reimbursement: Once your deductible is met, many pet insurance policies will reimburse you for a portion of the remaining veterinary bills.
The majority of pet insurance companies offer reimbursement rates of 70%, 80%, or 90%. The higher the reimbursement percentage, the more expensive your pet insurance policy will be.
Can I get a discount for insuring multiple pets?
Most insurers will offer you a multi-pet discount if you have multiple pets on a pet insurance policy or multiple pets insured through them.
Sometimes it’s the same discount for every added pet, and sometimes it’s higher with each additional pet. Ask your pet insurer how their multi-pet discounts work.
Providers Offer Discounts for Multiple Pets
There are numerous pet health insurance providers in the United States; therefore, we compiled a list of organizations that accept multiple pets to assist you in finding the best plan at the greatest price for your furry family members!
Overview of Multi-Pet Insurance
Certain providers give a 5% discount for adding more than one pet. Other businesses give a 10% discount to consumers who own multiple pets. While that may not seem like much, consider the following.
The average monthly premium for a single-dog insurance policy is $32. Therefore, if you have two dogs, you will save $38.40 per year with the 5% discount and $76.80 per year with the 10% multi-pet discount.
Why Pet Insurance is required?
Whether it’s a single dog or cat, a pair of cats, a trio of cats, or a blue cat.
If you own more than one pet, you’ll need a pet insurance policy that covers several pets.
The good news is that the majority of firms provide programs that accommodate several pets… and some even give discounts to multi-pet customers! And don’t worry if you have a dog and a cat, or even three cats; these multi-pet insurance plans can cover any combination of your pet family’s members.
Statistics on Multiple Pets
Why settle for a single pet when you may have two, three, or even four times the love? Pets bring so much unconditional happiness into our lives that it’s difficult not to appreciate them or desire more than one.
Whether your multi-pet household includes dogs, cats, or a combination of the two, it is your responsibility to provide them with the necessities for a long, healthy, and happy life.
Providing good health care for your pets is one of these things, which is why it is critical to get great pet insurance.
For multiple dogs, you’ll want a policy that not only provides comprehensive coverage but also gives lower rates wherever available. Multiple-pet insurance policies are precisely what you need.
Numerous pet families are extremely common. Indeed, 20% of our visitors are multi-pet owners, corresponding to national figures.
If you have several pets, it is preferable to find an accommodating firm. Additionally, we believe that grouping your pets together is the ideal solution.
Occasionally, pet owners become too fancy and attempt to match each pet with a different firm or enrol a second pet with a different company.
Our experience indicates that it is always advisable to enrol all of your dogs with the same company. This will simplify billing and claim processing for you.
What Exactly Is a Multiple-Pet Plan?
Multiple-pet insurance enables pet owners to cover all of their animals under a single policy. This form of insurance is a straightforward strategy to minimize the quantity of paperwork you’ll need to manage.
Additionally, it may be used to cover many types of pets, so if you have a cat and a dog, they can both be covered under the same policy. While the majority of insurance companies provide this type of plan, not all do.
The Advantages of Multi-Pet Insurance
There are numerous advantages to having all of your dogs insured under the same insurance. For instance, you’ll pay a single monthly or annual premium rather than a payment for each pet.
Additionally, some pet insurance providers give discounts to individuals who enrol in this sort of pet insurance.
While having multiple pets in a family can be a lot of fun, they can also be rather costly.
Although published estimates on the expected yearly cost of veterinarian care per cat or dog vary, the 2015-16 APPA National Pet Owners Survey claimed that it might be more than $1,200, though the most recent AVMA Sourcebook stated that it might be as low as $150. As a result, it’s critical to conduct research and compare multiple-pet insurance policies, as the discount amount differs by an insurer.
Our multi-pet insurance comparison chart allows you to compare all 12 pet insurance providers to determine which companies offer pet insurance for several dogs and cats and which plans include savings.
What Are They Covered For and How Do They Operate?
There is virtually little difference between pet insurance for numerous pets and other plans in terms of how it operates. After receiving and processing a claim, the insurance company reimburses the pet owner for covered treatments.
Due to the fact that covered services and exclusions differ by provider and plan, it is critical to undertake thorough research prior to enrolling.
Additionally, the maximum number of pets that can be covered under a single insurance varies by insurer.
Ideally, you should purchase insurance as soon as possible, providing your dogs reach the required minimum age. This will ensure that they have adequate medical coverage in the event of an emergency.
Use PetInsuranceQuotes.com to obtain free quotations before enrolling in a plan for numerous dogs. By comparing insurers, you increase your chances of finding the most suitable and economical plan for your family.
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