Best Pet Insurance In Colorado For May, 2024

Our experienced team of pet insurance professionals thoroughly evaluated quotes from eighteen different pet insurance companies to determine which offered the best coverage for various situations. Lemonade Pet Insurance emerged as the top choice among pet insurance carriers for Colorado.

In addition to providing the leading pet insurance policies in the state, Lemonade also received high marks for offering the most competitively priced premiums. While Lemonade Pet Insurance ranked first in our assessment, there were other carriers that performed exceptionally well in their respective categories.

In the following sections, we will explore some of the top-ranking pet insurance carriers in Colorado, as well as how various factors can impact premiums.

Average Pet Insurance Cost In Colorado

Average Cost of Pet Insurance In Colorado — By Dog Breed

Average Cost of Pet Insurance In Colorado — By Cat Breed

Average Cost of Pet Insurance In Colorado — Accidental-Only Coverage

Average Cost of Pet Insurance In Colorado — Comprehensive Coverage

Largest Pet Insurance Companies In The United States

Things That Have An Impact On The Cost Of A Pet Insurance Policy In Colorado

Some pet owners mistakenly believe that pet insurance premiums are determined by only one or two factors. However, several variables influence the rates for pet coverage. These factors include:

• Breed
• Animal Type
• Age
• Insurance Type
• Location

When you’ve completed your research and compared pet insurance carriers, it’s time to make a purchase. It’s important to note that the type of pet you own significantly impacts the cost of monthly premiums. On average, dog owners will pay two to three times more than cat owners, primarily because dogs are more prone to accidents and illnesses due to spending more time outdoors.

Breed

The breed of your pet also plays a crucial role in the cost of pet health insurance. While many dog breeds may not result in significant premium differences, certain breeds are considered high risk. For example, breeds like bulldogs and boxers have a predisposition to sinus problems and skin issues, leading to higher insurance costs.

Age

Your pet’s age is another factor in the quotes you receive from various pet insurance carriers. Some companies maintain affordable premiums regardless of your pet’s age, while others may decline coverage if your pet is considered too old according to their criteria. Therefore, if you’re a senior pet owner, it’s essential to shop around for the best pet insurance for older pets.

Insurance Type

Typically, you’ll have two options when purchasing a pet insurance policy: Accident-only or accident and illness coverage. Both types of policies provide protection for your pet and your finances when your pet requires medical care. A comprehensive policy that covers both accidents and illnesses will generally cost more than accident-only coverage. When deciding between the two, consider whether the added coverage is worth the cost in the long run.

Location

While there isn’t a significant difference in the cost of pet insurance from city to city, certain areas within a state may be deemed high risk due to a higher number of claims. If you reside in one of these areas, your pet insurance premiums may be higher.

How To Find The Best Pet Insurance Company For You

Selecting pet insurance mirrors the process of buying health or life insurance for yourself. Comparing rates is essential, but before delving into that aspect of your research, it’s vital to understand the key features crucial in pet insurance coverage.

Many pet insurance providers offer coverage solely for accidents, excluding illnesses. Alternatively, some companies provide accident and forgiveness plans. Both options have their advantages, and the most suitable one depends on your and your pet’s needs.

For instance, young pets are less likely to develop age-related illnesses common in older pets. In such cases, accident-only coverage is often preferable. Conversely, if your pet belongs to a breed predisposed to certain health conditions, a comprehensive plan may offer more benefits than accident-only coverage.

Another factor to consider is the waiting period before insurance benefits take effect. Different pet insurance companies impose varying waiting periods for illnesses and accidents. It’s crucial to be aware of these details beforehand, so conducting research before purchasing a policy is advisable to determine the best fit for your pet.

Pet Insurance Discounts In Colorado

Like other forms of insurance, the cost of pet insurance can vary based on your location. One way to reduce premium costs is by taking advantage of discounts offered by pet insurance companies. However, not all insurers offer the same discounts, so it’s beneficial to compare and contrast different insurers to identify available discounts. Consider exploring the following options:

• Wholesale and special interest clubs discounts
• Special service animal discounts
• Active and retired military discounts
• Employer sponsored discounts
• Multi-pet discount
• Animal care employee discounts
• Employee union discounts
• Multi-policy discount
• Senior discounts
• Online policy discounts