Pet Insurance for Multiple Pets: Best Plans and Discounts

If you have more than one pet, you may be wondering whether it makes sense to insure all of them — and whether you’ll get a discount for doing so. Here’s what you need to know about multi-pet insurance.

Multi-Pet Discounts

Many pet insurance companies offer discounts for insuring multiple pets under the same policy or account. Typical discounts range from 5% to 10% per additional pet.

Companies known for multi-pet discounts include ASPCA Pet Insurance, Healthy Paws, and Lemonade. Always ask about multi-pet pricing when getting quotes.

Should You Insure All Your Pets?

The value of insuring each pet depends on their individual health risks. Consider insuring a pet if:
– They are young and active (higher accident risk)
– Their breed is prone to expensive health conditions
– You couldn’t comfortably cover a $3,000–$8,000 emergency bill out of pocket

Best Approach for Multiple Pets

Get separate policies for each pet rather than a combined policy. This gives you the flexibility to choose different coverage levels based on each pet’s needs and adjust or cancel individual policies without affecting coverage for other pets.

Tracking Multiple Policies

Keep a simple spreadsheet tracking each pet’s policy number, premium, deductible, reimbursement rate, and renewal date. Most providers also offer online portals where you can manage all pets in one account.