Compare the Top Pet Insurance in Colorado [July 2021]
Colorado residents love the outdoors and they love their animals, with Denver and Colorado Springs consistently ranking among the most dog friendly cities in the United States. They even have the most dog walkers and dog sitters per capita! With over 100,000 dogs and 20,000 cats, that is great news for owners who want a little extra help with their furry friends.
Colorado cats and dogs face health issues like arthritis and kidney disease at a higher rate than the rest of the country, according to research by Banfield on their more than 2.5 million dogs and 518,000 cats in their network. Most popular dog breeds in Colorado are the Labrador retriever and the Golden retriever, while the most popular cat breeds are the Domestic Medium Hair and Domestic Long Hair.
Colorado residents and vacationers understand the need for good Colorado pet insurance to help them pay for veterinary care for unexpected illnesses and injuries. Choosing the right pet insurance involves choosing not just the cheapest policy but also the one that best meets the needs of their pet.
What is Pet Insurance?
Pet insurance is a type of insurance pet owners can purchase to help with veterinary bills. Depending on the insurance company, the pet owner can choose from an accident and illness plan, an accident-only plan, or a wellness plan. The cost of the plan depends on the deductible amount, the reimbursement amount, and the annual payout limits. Most pet insurance companies offer pet owners many options from which to choose. Below is an overview of some of the top Colorado pet insurance companies.
Best Pet Insurance Companies in Colorado
For the best pet insurance in Colorado, you can choose from one of our trusted brands, all listed below. All policies won’t break the bank, have great features, are mostly customizable, and have a long history in pet insurance. We didn’t put any brand-new companies on our list, simply because they don’t have enough claims experience and history for us to properly evaluate them.
Pets Best Pet Insurance
Underwriter: American Pet Insurance Company and Independence American Insurance Company underwrite Pets Best.
Highlights: Many Colorado pet owners choose Pets Best not just for its affordable monthly premiums, but also because they allow pet owners to customize the plans to fit their budgets. Pets Best also offers a wellness plan, which covers annual wellness checks and routine visits. They offer a 90 percent reimbursement rate and no annual limit on what they’ll pay. Some Colorado vets work with Pets Best, which allows them to pay the vet directly rather than having the pet owner submit their bill for reimbursement.
SPOT Pet Insurance
Underwriter: Underwritten by United States Fire Insurance Company, SPOT is a pet insurance company that is ideal for pet owners that are into training their own dog.
Highlights: They collaborate with Cesar Milan to encourage dog owners to train their dogs to prevent unnecessary accidents, which can reduce the number of claims and injuries. In addition to their accident and illness plans, they also offer a wellness plan. SPOT has no age cap for insurance coverage.
Figo Pet Insurance
Underwriter: Markel Insurance Company underwrites Figo pet insurance policies.
Highlights: They are a technology-driven company that allows pet owners to view their pet’s health histories online. They also now offer wellness plans and provide great coverage on their plans. They have customizable plans so owners can configure the plant to what best meets their budget and the needs of the dog or cat. Additionally, they do not have a maximum payout on repeated health issues.
Nationwide Pet Insurance (NPI)
Underwriter: Nationwide, which is underwritten by National Casual Company, is the nation’s oldest pet insurance company.
Highlights: They are well known for their fast, easy, and convenient claims process. They also offer customizable pet insurance plans and wellness plans. One unique feature of Nationwide is that they also offer pet insurance on exotic pets. Their premiums may appear high at first until the pet owners realizes all the coverage they’re getting for the price.
Healthy Paws Pet Insurance
Underwriter: Chubb Insurance underwrites Healthy Paws.
Highlights: Potential Healthy Paws customers are not confused with many different plans from which to choose because they offer one simple plan that comes with a low monthly premium. They cover accidents and illnesses that are covered under the policy. Healthy Paws doesn’t offer a wellness or preventive care plan, but the insurance they do offer has no lifetime limits. Their easy claims process and fast reimbursement attract many pet owners.
Trupanion Pet Insurance
Underwriter: Underwritten by the American Pet Insurance Company, Trupanion offers pet insurance coverage both in the United States and in Canada. It’s also one of the longest-operating pet insurance companies.
Highlights: Although they don’t offer a wellness plan, their regular pet insurance offers a lot of coverage aimed to reduce the need for emergency visits. They offer a few different plans, all of which offer 90 percent reimbursement. Trupanion also offers Vet Direct Pay, which means they will pay the vet directly, so the pet owners don’t have to.
Embrace Pet Insurance
Underwriter: Embrace is underwritten by American Modern Insurance Group.
Highlights: Embrace has a unique feature called a diminishing deductible. How this works is that the company will decrease the deductible by $50 for each year the pet goes without a claim. They also have a reimbursement rate of 90 percent on all claims. Embrace offers pet insurance that covers many things not covered by other companies like cancer, dental, and hip dysplasia. They offer a wellness plan and also cover pre-existing conditions.
Petplan Pet Insurance
Underwriter: Petplan, which is underwritten by XL Specialty Insurance Company, is a company that’s been offering pet insurance for many years.
Highlights: They offer a 90 percent reimbursement rate and cover online visits without setting a payout limit each year or charging extra. Petplan offers full coverage pet insurance that even covers annual visits and examination fees. They also cover holistic therapy.
Different Types of Pet Insurance
There are different types of pet insurance available today. The more familiar Colorado pet owners become with each type and what they cover, the better able they’ll be to choose the plan that best meets their pet’s needs without breaking the bank.
- Lifetime – Pets covered under this plan will be covered for all of their life as long as they continue to renew the policy every year.
- Accident–Only – This type of policy only pays for visits to the vet for conditions caused by an accident or injury. It does not cover illnesses.
- Accident and Illness – This policy covers both accident and illness-related vet visits.
- Maximum Benefit – With this policy, the pet has a maximum benefit amount on any covered visit. Once the benefit amount has been used, the pet owner cannot make any more claims.
- Time-limited pet insurance – This policy allows the pew owner so much time in which they can submit a claim.
Pet Friendly Colorado
Dogs, particularly large dogs, are a big part of day-to-day life in Colorado, and they are often visitors at popular hiking spots, lakes off-leash dog parks and even glamping. Denver is the most pet-friendly city, with dogs allowed to eat with their owners on the patio of restaurants, and doggie boutiques popping up all over town.
Bringing your dog (and sometimes your cat) to work is growing in popularity, and Denver has a lot of companies that are seeing this as a perk. Many of these are web development or technology companies, such as Name.com, Brandfolder and Sustain.
Colorado Veterinary Costs
Colorado pet owners may spend about $1400-$1500 per year on emergency veterinary care, which is on the higher end of costs across the country. Pet insurance may typically run about $400 for the year, so this is a great savings if anything were to happen. Remember that number is an average and many veterinary visits cost far more than that.
An ASPCA research study found that the majority of pet owners will spend $2,000 to $4,000 during their pet’s life on an emergency situation. Since you never know when that may occur, it is best to be prepared. With the right pet insurance policy, you can be reimbursed up to 100 percent of these costs.
Where you live in Colorado makes a bit of a difference when we pulled a pet insurance quote, and this can depend on location and also pet insurance provider, but costs are usually decided based in part on zip code.
*For our sample quote, we used a three-year-old mixed breed dog, weighing 21-70 lbs. If you have a puppy, a senior dog or a large breed dog, your quote will vary. If you are looking for cat insurance, you’ll find that is a bit cheaper than dog insurance, and you can also get savings by doing a multi-pet discount.
Some pet owners find that the cost of pet insurance and pet care is too expensive for them, but Colorado has several resources to make pet care available to all.
Pet Health Help for Low-Income in Colorado
Fort Collins Cat Rescue – Food pantry for pets in need. (970) 484-8516.
Spa 4 Paws Pet Pantry – Fort Collins resource for cat and dog food, toys and treats for short-term or long-term needs. (970) 484-7297.
Duncan’s Place – Loveland, CO resource for low cost vaccinations and spay/neuter. Duncansplace.org
The LadyBug Fund – Limited financial assistance for emergency veterinary care. (970) 484-8080.
The Pet Fund – Limited financial assistance for non-emergency veterinary care. Thepetfund.com
If you are a Colorado resident, then you want your pet to have access to the best care, food, training, boarding and more, just like you would for any member of your family. Pet insurance is a great way to give you protection and peace of mind for any situation that may occur.