What do other pet parents and vets think?
Read testimonials from actual ManyPets customers.
How pet insurance works
Pet insurance covers your dog or cat for unknown and unplanned accidents and illnesses. If they get hurt or sick, your insurance policy may help reimburse you for the cost of vet care, including medications and emergency surgeries.
In exchange, you pay a monthly premium, which is probably why you’re reading this page. And we get it: You’re already contending with a wide array of pet care expenses. If you add the cost of dog insurance or cat insurance to the list, what’s the upside?
When pet insurance makes a difference
With a covered mild illness or injury, pet insurance can put a bit of money back in your pocket. But that’s the least of it.
Some emergency vet care clinics charge as much as $600 just to see your pet, and after treatment these appointments can cost well over $1,000.
Plus, major surgeries often cost multiple thousands of dollars. And some care, like cancer treatment, may cost more than $10,000. So, do potential vet bills justify the price of pet insurance?
Well, when critical treatment is beyond your budget, pet insurance may be the only tool that lets you choose treatment over the unthinkable. We’ve seen it again and again.
Do young, healthy dogs and cats need pet insurance?
Younger pets get sick or hurt more often than you’d think. On average, pets are just under four years old when their owners file accident or illness claims with ManyPets. Plus, insuring your pet while they’re younger means they’re less likely to encounter future exclusions for pre-existing conditions—more on this later.
Is pet insurance worth it for older dogs and cats?
Yes, it may cost more to insure older pets. But older pets are also more likely to suffer from severe health conditions that are wildly expensive to treat, so it's still a good idea to insure them.
Do indoor cats actually need pet insurance?
Cats often lead long and healthy lives, especially if they stay indoors. But you know that old saying about curiosity: Cats are known to have sudden mishaps like falling, or eating something they shouldn’t. Plus, cats are prone to a host of health issues, like urinary tract problems or even long-term conditions such as diabetes.
Do mixed-breed dogs need pet insurance?
Some dog breeds are at higher risk for serious health issues. Less commonly, cats can face breed-specific risks as well. But truth be told, there’s no such thing as a “low-risk” breed. Even mixed breeds and generally healthy pure breeds can face unexpected accidents or illnesses.
Keep in mind that prices hinge on a variety of factors. But let’s give you a general sense of how premiums can change depending on age.⁵
Meet Normy, an adorable medium-sized mixed-breed dog from Kansas City, Missouri (pretty much the exact center of the continental US).
Here’s how Normy’s premium would vary depending on his age, assuming a $500 deductible and an 80% reimbursement percentage:
|2 months old||$20.36|
|1 year old||$18.51|
|2 years old||$18.51|
|3 years old||$18.51|
|4 years old||$20.60|
|5 years old||$24.95|
|6 years old||$30.04|
|7 years old||$36.29|
|8 years old||$44.10|
|9 years old||$53.53|
|10 years old||$63.93|
|11 years old||$73.62|
|12 years old||$79.59|
|13 years old||$79.59|
|14 years old||$79.59|
Now here’s Run-of-the-Meow, an American Shorthair cat in the same location:
|2 months old||$12.24|
|1 year old||$11.68|
|2 years old||$12.27|
|3 years old||$12.88|
|4 years old||$13.52|
|5 years old||$15.55|
|6 years old||$17.89|
|7 years old||$20.56|
|8 years old||$23.64|
|9 years old||$27.19|
|10 years old||$31.28|
|11 years old||$35.97|
|12 years old||$41.36|
|13 years old||$47.57|
|14 years old||$54.70|
Of course, these are just two pet breeds in one specific location. Still, this should give you a good sense of how these things change over time.
There's a reason insurance costs more for older pets: As they age, cats and dogs are more likely to develop serious health conditions that are extremely costly to treat out-of-pocket. The premiums may be higher, but in some emergencies, those costs can be a drop in the bucket compared to your insurance payouts.
Looking for a more precise breakdown of costs vs. rewards?
First, we’ll tell you some of the highest claims⁴ we’ve received for common conditions.
|Condition||Highest individual ManyPets claim received|
|Intervertebral disc disease (IVDD)||>$16,000|
|Bloat (AKA Gastric Dilation-Volvulus)||>$10,000|
|Cruciate ligament disease||>$16,000|
It’s easy to see why so many people underestimate the potential costs of vet care!
Now let’s give you a specific scenario to think about. See that $9,800 hip dysplasia claim we mentioned?
Well, we’ll be conservative and reduce that number to $5,000 (which, by the way, is not at all unusual for a major veterinary hip surgery). Here's how much that could cost with and WITHOUT pet insurance:
|Hip dysplasia surgery||With pet insurance||Without pet insurance|
|Total surgery cost||$5,000||$5,000|
|80% reimbursement level||$4,000 (80% of $5,000)||-|
|Your out-of-pocket cost||$1,500||$5,000|
OR we can imagine a grimmer scenario: no hip dysplasia surgery—because you can’t afford it.
What impacts the cost of pet insurance?
How much IS pet insurance? Very broadly speaking, ManyPets plans often cost between $30-$50 per month for adult dogs, and between $20-$30 per month for adult cats.
But the cost of pet insurance often changes as your pet gets older, and it can vary widely based on a number of other factors, including:
What doesn't impact the cost of pet insurance?
There are some other factors that customers mistakenly worry will influence their pet insurance costs. Here are some things that absolutely DO NOT currently affect your premiums:
Your pet’s claims history
Past or chronic health conditions
Your pet’s gender
Time spent outdoors
Where you bought/adopted your pet
At first, lots of pet parents are confident that their bank balances can stand up to any and all vet bills.
But when push comes to shove, many are forced to use their credit cards instead. Taking care of a pet involves a wide array of expenses, from vet care to supplies to grooming.
According to one survey, more than 60% of pet owners underestimate the cost of pet parenthood, and nearly half have gone into debt to pay for pet care.
of pet owners were caught off guard by an unexpected medical expense
of pet owners have gone into debt for their pet
Unforeseen health conditions can significantly contribute to these challenges.
When major accidents or illnesses arise, pet care costs sometimes spiral out of control. ManyPets has seen INDIVIDUAL CLAIMS for over $20,000.³
Some savings accounts can weather that kind of financial storm, but most can’t, leading to some very tough decisions we hope our pet parents never have to make.
Redditor (username withheld for privacy)
You don't get to know in advance whether your puppy will have a long, healthy life or a challenging one full of expensive health issues.
Insurance means never having to weigh the cost of care against the wellbeing of your pet. I think that's worth the premium."
Learn more about pet insurance for all ages
ManyPets offers insurance³ for dogs and cats of all ages, including puppies and kittens, adult dogs and cats, and older dogs and cats. Get information on options for the whole furry family.
Look, we’re a pet insurance agency—we believe in what we offer! And if you ask us, pet insurance is worth it in the vast majority of cases.
But there is one major factor that could make you think twice about pet insurance: Pre-existing conditions.
Why pre-existing conditions matter
Like other pet insurance offered in the market, the ManyPets insurance policy does not cover these (though we won’t consider a condition to be pre-existing if your pet has been symptom- and diagnosis-free for 18 months³).
We’re not saying a pet with pre-existing conditions shouldn’t be insured, but you should consider the scope of your pet’s conditions. It might still be worth it!
For instance, a pet with allergies might not get coverage for that specific issue, but they’d still be covered for any number of other illnesses, like cancer, if that’s not already a pre-existing condition.
But if your pet has a laundry list of past illnesses, it may be tough to receive any insurance payouts on a ManyPets policy. Plus, some pre-existing conditions could affect future coverage more than you'd think. For example, a systemic issue like an autoimmune disorder could jeopardize coverage for seemingly unrelated conditions.
For these reasons, it’s wiser to maintain coverage into your pet’s senior years than to start a new policy for an older pet. If a condition is NOT pre-existing, it stays covered for as long as your pet remains continuously insured. So don't underestimate the value of getting pet insurance when your furry friend is still young. The sooner they’re insured, the fewer treatments will be off-limits from a coverage perspective.
Of course, if you have a sizable budget and you're open to taking calculated risks, this could also influence your decision on pet insurance.
Dr. Kirsten Ronngren, DVM MRCVS
Hearing the words ‘they’re insured’ from a pet owner is such a relief to us as vets. It means we both know that the cost of treatment becomes a less significant factor in major medical decision making. Our choices get to be made primarily based on what we all agree is best for the pet.
Dr. Jennifer Coates, DVM
The peace of mind that pet insurance provides is truly priceless. Unfortunately, unexpected veterinary costs do pop up, and the last thing you want to worry about is money when your focus should be on helping your pet feel better.
Find out what ManyPets customers have to say about pet insurance.
Get your risk-free pet insurance quote
Pet insurance is more than just an added expense; it's an investment in your pet's well-being and your own peace of mind. And with ManyPets, you get insurance coverage without hidden fees or annual payout limits.
Find out what it would cost to give your furry family member nose-to-tail pet insurance coverage. Get an insurance quote today.
Save on preventative care
Speaking of healthy, you can save big on preventative care, too. Our non-insurance Wellness plan is the perfect complement to your Accident and Illness policy. Get up to $600 in annual Wellness reimbursements for covered products.
ManyPets Wellness Plan for Dogs & Cats
¹According to Forbes Advisor’s “Best Pet Insurance of 2023”
²Data from Lending Tree's Pet Debt Survey, updated September 2020
³ManyPets analyzes every claim on its own merits, subject to the terms and conditions of your policy. Exclusions apply, including those for pre-existing conditions. Only claims unrelated to an excluded treatment or condition are eligible for coverage. The payment received in the event of a claim depends on various factors, including the policy coverage, the specific incident, and the cost of veterinary treatment. Please review the policy terms and conditions to understand how claims are processed and what coverage is provided.
⁴Claims displayed are received from various locations and are isolated to the specific condition and specific invoices for that particular claim situation. Veterinary costs may differ depending on the location. Please note that these are not intended to represent average treatment costs for these conditions but rather serve as examples of the potential extremes in veterinary expenses.
⁵Quotes pulled October 3, 2023, from zip code 64129. The selected location and selected breed have been chosen as representative examples for demonstrating how premiums may change with age, and are intended to provide a general sense of cost trends for these factors alone only on October 3, 2023. These figures are not universally applicable to all pets or all locations, as premiums can vary based on a number of factors, including location, age, and breed, to name a few. In addition, prices are subject to change over time. For an accurate and current price, get a quote for your pet today.