Last time we talked about pet insurance, we presented a general overview, in our article Understanding Pet Insurance. Today, we wanted to present three of the pet insurance companies we always go over with every one of our pet parents — Trupanion, Nationwide, and Embrace.
We consider Trupanion to be the “Cadillac” of pet insurance. It offers 90% reimbursement for illnesses and accidents, has no maximum benefit limits for the life of your pet, and pet parents can choose a $0 deductible. Trupanion also offers pet parents the ability to directly pay their veterinarian the co-pay (10%) and any applicable per condition deductible ($0 – $1,000). The rest of the bill is handled between the hospital and Trupanion. Please note that not every hospital offers this service. At Passionate Paws, we do.
Nationwide offers three products but only one — Whole Pet with Wellness — is recommended by us. Unlike other providers, Nationwide covers routine care (vaccines, dentals, preventives) alongside illnesses and accidents. This product is packaged with a $250 annual deductible, has no annual maximum benefit, and reimburses at 90%.
Embrace is the most affordable of the three providers because you are able to select your reimbursement level (70%, 80%, or 90%) as well as your deductible ($200 – $1,000). Embrace offers a unique add-on called Wellness Rewards, which is a health savings account for your pet. The Wellness Rewards can be used on an annual basis for routine care and grooming. Like Trupanion, Embrace also offers the ability to directly pay the veterinarian the co-pay and applicable deductible. Embrace will settle the difference directly with the hospital. We do not currently work with this feature of Embrace.
Pet insurance is an absolute must for your pet’s’ wellbeing and your peace of mind. Please contact us with any questions and we would be happy to discuss the best insurance option for you and your furbaby.