Cheapest Pet Insurance Plans
Get protection without breaking the bank. Compare affordable plans starting under $20/mo.
Most Affordable Plans (2026)
Lemonade
Tech-savvy pet ownersSpot
Maximum coverage choicePets Best
Budget-conscious ownersASPCA
Established reliabilityFigo
Flexible plans| Provider | Est. Cost | Deductible | Reimbursement | Limit | Waiting Period | Best For | Action |
|---|---|---|---|---|---|---|---|
| Lemonade AI-powered super fast claims | $45 - $60* | $100, $250, $500 Annual | 70%, 80%, 90% | $20k, $100k | Acc: 2 days Ill: 14 days | Tech-savvy pet owners | |
| Spot Most customizable coverage options | $50 - $70* | $100 - $1000 Annual | 70%, 80%, 90% | Unlimited | Acc: 2 days Ill: 14 days | Maximum coverage choice | |
| Pets Best Budget-friendly unlimited plans | $35 - $55* | $50 - $1000 Annual | 70%, 80%, 90% | Unlimited | Acc: 3 days Ill: 14 days | Budget-conscious owners | |
| ASPCA Covers curable pre-existing conditions | $40 - $65* | $100 - $500 Annual | 70%, 80%, 90% | Unlimited | Acc: 0-2 days Ill: 14 days | Established reliability | |
| Figo 100% reimbursement option | $30 - $45* | $100 - $750 Annual | 70% - 100% | $5k, $10k, Unlimited | Acc: 1 day Ill: 14 days | Flexible plans |
How to Find Really Cheap Pet Insurance
You don't need to sacrifice quality for price. Here are the secrets to getting a low premium:
- The "High Deductible" Hack: Increasing your deductible from $250 to $1,000 can drop your monthly premium by 30-50%. You take on more risk for small bills, but you're still covered for the big $5,000 catastrophes.
- Accident-Only Plans: If you just want coverage for "hit by car" or "ate a sock" scenarios, Accident-Only plans are incredibly cheap (often $10-$20/month) and have locked-in pricing.
- Mixed Breed Discount: If you haven't got a pet yet, consider a mixed breed. They are almost always cheaper to insure than purebreds due to fewer genetic health risks.
Budget Winners
- Lemonade: Often the absolute lowest monthly premium for healthy pets.
- Figo: Competitive rates, especially if you have Costco membership (sometimes offers discounts).
- Pets Best: Excellent pricing for "Unlimited" coverage, giving you high value for low cost.
Frequently Asked Questions
Who has the cheapest pet insurance?
Lemonade and Pets Best are consistently among the most affordable providers, often starting around $10/month for cats and $30/month for dogs. However, prices vary wildly based on your zip code and pet's breed.
Does cheap pet insurance cover anything?
Yes! 'Cheap' doesn't mean bad. An Accident-Only plan is very cheap ($10-$20/mo) and covers broken bones, bite wounds, and swallowed objects. Even comprehensive plans can be made cheaper by choosing a higher deductible (e.g., $500 or $1,000).
How can I lower my pet insurance premium?
Three ways: 1) Raise your deductible (e.g., from $250 to $750). 2) Lower your reimbursement rate (e.g., from 90% to 70%). 3) Pay annually instead of monthly to avoid transaction fees.