The Best Pet Insurance for Multiple Pets

The American Veterinary Medical Association found that spending on veterinary care and pet products increased to $29.3 billion in 2019. Other costs associated with pet ownership include food, toys and grooming.

Expenses can add up if you have multiple pets, but you can manage costs by finding affordable insurance. Fortunately, some insurers offer a discount if you insure several pets with them.

MoneyGeek compared several pet insurance companies to determine which offers the best multiple-pet insurance plans.

MoneyGeek used several factors to determine the best pet insurance companies, including the amount of discount each offers if you insure multiple pets with them. We also considered coverage amounts, deductibles and reimbursement percentage options.

Overall, GEICO offers the best pet insurance for multiple pets. It has a wide range of maximum coverage amounts, the highest being $30,000. Depending on the policy you choose, your deductible can be as low as $200, and you can have as much as 90% of your veterinary costs reimbursed.

GEICO has an optional Preventive Care plan covering microchip implants, prescription diet food and vaccines. You don’t have to have your pet spayed or neutered by a specific age, but you can get a discount if it is when you enroll it in a policy.

There is a slight waiting period for GEICO’s multi-pet insurance policies. Coverage kicks in two days after the policy takes effect for accidents and 14 days for illnesses.

Coming in second is the ASPCA, which offers a 10% discount for multi-pet insurance plans. It has several policy options and various add-ons available. You can also choose between three deductibles for your policy.

Vaccines and dental work will be covered if you opt for Prime Preventive Care. The Complete Coverage plan includes alternative therapies and chronic conditions. For instance, if you bring your pet to the vet for behavior issues such as excessive licking or fur pulling, Complete Coverage will cover the costs of these visits.

Another insurer that offers a 10% discount for multiple pet insurance is Embrace. You can get as much as $30,000 coverage for your pets and choose between several plans to find the right coverage for your needs. Embrace also has several deductible options and add-ons available.

Embrace Pet Insurance is one of the available plans. It offers you three Wellness Rewards allowance options — you can choose between $250, $450 or $650 per year. If you’re insuring a dog, remember that it has a six-month waiting period for orthopedic conditions. Fortunately, there’s a way for you to shorten it to 14 days if you follow the Orthopedic Exam and Waiver Process.

You can get up to 90% of your veterinary bills reimbursed with Pets Best. It offers multiple options for deductibles, ranging from a low of $50 to a high of $1,000. What sets Pets Best apart is its offering of a policy with unlimited coverage.

Pets Best can cover your pet’s microchip implant if you purchase the EssentialWellness or BestWellness plan. These add-ons also include vaccination coverage, deworming and flea or tick prevention.

Although their policies do not include most herbal, holistic or experimental therapies and medications, Pets Best does cover chiropractic care, physical therapy and hydrotherapy.

Pumpkin is a solid option for multi-pet insurance because it offers a 10% discount for each additional pet you include in your policy. You can have as much as $20,000 coverage and 90% of your vet expenses reimbursed. They offer several deductible options, ranging from $150–$500.

Pumpkin only offers two coverage levels ($10,000 and $20,000), but both cover alternative therapies. Some treatments falling under this classification are chiropractic care, acupuncture and physiotherapy. They will reimburse you for 90% of eligible expenses based on the entire treatment your veterinarian recommends.

Figo makes our list of the best pet insurance companies for multiple pets because you can get a discount ranging from 5%–10% on your premium. These, however, vary depending on your state. You can choose between three coverage amounts, one of which is unlimited. They also offer four choices for deductibles.

Figo’s policies can help you with expenses from alternative therapies like chiropractic and acupuncture services. What these don't cover are costs for routine wellness or preventive care.

However, their policies provide coverage for hip dysplasia for all pets of any age with no additional caps.

The last company on our list is Nationwide. It offers varying discounts depending on how many pets you enroll — two or three give you a 5% discount, while four or more get you 10%. Unlike other insurers, there are no options for coverage levels or deductibles. If you go with Nationwide, your policy has a maximum coverage amount of $10,000 and a $250 deductible.

Their Wellness Coverage Plans cover behavioral exams and treatments and microchip implantation. If your pet has chronic conditions, you can choose either the Whole Pet or Majestic Medical package to ensure these are covered. These two plans are also best if you have senior pets.

Pet insurance companies offer plans that allow you to cover several pets under a single policy. You can obtain a multi-pet discount from most insurers, making pet insurance more affordable.

Multi-pet insurance works similarly to standard pet insurance policies. You can choose your policy details, including the coverage amount, deductible and reimbursement percentage options.

The multi-pet discount helps you manage costs since it’s applied to every pet you add to your policy. Some insurers offer a straight-up discount from your premium, while others take a specific percentage off the cost of each pet you enroll after the first one. Others, like Nationwide, offer a different discount option depending on the number of pets you include. If you insure two or three pets, you get a 5% discount. It increases to 10% if you have four or more.

Multi-pet insurance covers the same things as a standard policy. These include unexpected injuries, along with accidents and illnesses. Pet insurance also protects you against costs from surgery, medication, tests and exams.

Remember that your choices determine the extent of your policy’s coverage. Although all multi-pet insurance can protect you against costs related to accidents, illnesses and routine wellness, not all policies include all of these coverages. If you want to have everything included, you must specifically choose a plan that contains all of them.

Pet insurance can be costly, and it may add up when you have several pets. Purchasing pet insurance plans for multiple pets is a way to get more affordable coverage. Understanding the answers to some commonly asked questions about multi-pet insurance can help you find the best policy for your needs.

To obtain average cost data, MoneyGeek gathered quotes manually from 13 pet insurance companies. The data used in this article were based on a male Goldendoodle dog. Your coverage costs and limitations will vary based on the type of pets you own and other factors. The details for the sample policies used above are as follows: