What Are the Different Types of Pet Insurance?

According to a recent survey, one out of four pet owners said an emergency expense of $100 to $250 is difficult to cover. With that in mind, it’s no surprise that an increasing number of pet parents are looking into pet insurance.

But with so many options on the market, it can be hard to decide which type of pet insurance is right for your furry friend.

Here’s a rundown of the different types of pet insurance plans to help you make the best decision for your pet.

Main Types of Pet Insurance Plans

As you research pet insurance, you’ll likely come across the following types of plans:

Wellness Plan

These can come as standalone plans or as add-ons to another type of pet insurance. If you want to proactively care for your pet and save money on vet visits, this is the plan to choose.

A wellness plan typically covers preventative care and routine procedures such as wellness checks, vaccinations, spaying or neutering, flea/tick/heartworm prevention, and teeth cleaning.


  • It can help you save money on routine care costs.
  • It may improve your pet’s quality of life and overall health.


  • These plans often have waiting periods before coverage begins.
  • Wellness plans may not cover unexpected accidents or illnesses.

Exotic Pet Plan

Exotic pets are becoming more popular, but it’s often more expensive to keep them in good health. If you have an exotic pet, an exotic pet insurance option can help offset some of those costs.


  • This type of insurance can connect you with exotic pet-friendly veterinarians.
  • These plans cover illnesses and injuries.


  • Not all exotic pets are eligible for coverage.
  • These plans often have higher premiums than other types of pet insurance.

Comprehensive Plan

A comprehensive pet insurance plan is the best way to financially prepare for anything that could happen to your pet. It covers a range of accidents, illnesses, and even hereditary conditions. While it may have a higher premium, it can be worth it for the peace of mind it provides.


  • A comprehensive plan covers a wide range of procedures and conditions.
  • It may cover preventive care, such as vaccinations and routine check-ups.


  • The plan can be more expensive than other types of pet insurance.
  • It may have a deductible that you will need to pay before coverage kicks in.

Accident-Only Plan

Even the most responsible pet owner can’t always prevent accidents from happening. If you’re looking for basic protection for your furry friend, an accident-only pet insurance plan may be what you need.

This type of insurance is only for unexpected injuries and accidents. It’s the most basic and affordable type of pet insurance. It usually covers car accidents, broken bones, poisoning, and the removal of foreign objects.


  • This insurance plan covers unexpected accidents and injuries.
  • It may be less expensive than other types of pet insurance.


  • The plan won’t cover illnesses or routine care costs.
  • Infections, chronic conditions, and congenital defects are not typically covered.

No matter what type of pet insurance you choose, always be sure to read the fine print. And remember, pet insurance is not just for emergencies—it can also help you save money on routine vet visits to your pet’s doctor.

Factors to Consider When Choosing a Pet Insurance Policies

There are a few factors you’ll want to consider when choosing a pet insurance plan, such as:

Pet Characteristics

With cars, your insurance policy depends on the make and model of your vehicle. With pet insurance, your premiums consider your pet’s age, breed, and species.

For example, younger pets are typically cheaper to insure than older pets because they’re less likely to have health problems. Insurance plans for purebred dogs are typically more expensive as well. This is because they’re more prone to certain hereditary conditions.

Coverage Needs

Another factor to consider is what types of coverage you need for your pet. For full-scale coverage, choose a comprehensive pet insurance plan. But if you’re only interested in covering accidental injuries, an accident-only pet insurance plan may be a better choice.


Of course, you’ll also want to consider your budget when choosing a pet insurance plan. Pet insurance plans can range in price from a few dollars per month to over $400.

Safeguard Your Pet’s Health with the Right Insurance Plan

No matter what type of pet insurance plan you choose, you can rest assured knowing that you’re taking steps to safeguard your pet’s health. And that’s always worth the peace of mind.


Sierra Pope is a content writer currently based in Raleigh, North Carolina. She enjoys writing high-quality content on financial, pet, and home topics. In addition to writing content, Sierra is the founder and lead of her own digital marketing business, where she works with a variety of clients on their content needs.