Best Pet insurance In New Jersey For 2025

In New Jersey, Congressman Josh Gottheimer has publicly chastised pet insurance companies for significant rate increases over the last few years, with many New Jersey families receiving increases of 44% in the last year alone, others experiencing rate hikes of 33% or 56%. This has doubled the cost of pet insurance while the average veterinary bills have only increased 10% during that same time frame.

As requests are being submitted to the Department of Banking and Insurance for New Jersey, many families are looking to find a new pet insurance company or apply discounts to an existing policy.

In the upcoming sections, we’ll explore leading pet insurance providers in New Jersey  and how different factors influence the overall costs.

Largest Pet Insurance Companies In The United States

Understanding the market share of pet insurance companies can provide valuable insights into their prominence and customer base. According to data from the North American Pet Health Insurance Association (NAPHIA), the North American pet insurance industry surpassed $4 billion in total premiums in 2023, with over 6.25 million pets insured across the continent. ​

Please note that market share figures can fluctuate over time due to various factors such as company performance, market dynamics, and consumer preferences. For the most current and detailed information, consulting industry reports or the companies directly is recommended.

Average Cost Of Pet Insurance In New Jersey — By Cat Breed 

Average Pet Insurance Rates In New Jersey — By Dog Breed 

Average Cost Of Accident-Only Pet Insurance In New Jersey 

Average Rates For Comprehensive Pet Insurance In New Jersey 

How to find the best pet insurance company for you

When you are looking for pet insurance in New Jersey, finding the best company is much the same as finding the best health insurance company or life insurance company.

Start by comparing prices as well as discounts and what types of options they provide.

For example:

If you have a new kitten, you might want a policy that includes wellness coverage, something that is more proactive and applies to the costs of things like initial vaccinations during the first two years and spaying or neutering.

If you have an older purebred dog you might want a policy that includes accidents and illnesses so that you are prepared for anything unexpected.

Finding the best pet insurance company in New Jersey involves evaluating several factors to ensure the coverage aligns with your pet’s needs and your financial situation. Here’s a guide to assist you in making an informed decision:​

1. Assess Your Pet’s Specific Needs

Age and Breed: Certain breeds may be predisposed to specific health conditions. For instance, larger dog breeds might be more susceptible to joint issues, while some cat breeds could have hereditary conditions.​

Health History: If your pet has pre-existing conditions, some insurers might not cover related treatments.​
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2. Compare Coverage Options

Pet insurance policies typically offer:​

• Accident-Only Plans: Cover injuries resulting from accidents.​
• Accident and Illness Plans: Include both injuries and illnesses.​
• Comprehensive Plans: May cover preventive care, vaccinations, and routine check-ups.​

Ensure the policy covers potential hereditary conditions, chronic illnesses, and offers options for wellness care if desired.​

3. Evaluate Cost and Value

• Premiums: Monthly costs can vary based on coverage level, deductible, reimbursement rate, and your pet’s details.​
• Deductibles and Reimbursement Rates: Higher deductibles usually mean lower premiums, but you’ll pay more out-of-pocket before coverage kicks in.​
• Annual Coverage Limits: Some plans have caps on payouts; ensure it aligns with potential veterinary costs.​

4. Research Top Providers in New Jersey

Based on recent evaluations, here are some top pet insurance companies serving New Jersey residents:​

5. Utilize Available Discounts

Some insurers offer discounts for:​

• Multi-Pet Policies: Insuring multiple pets can lead to reduced premiums.​
• Military or Senior Citizens: Certain providers offer discounts for military personnel or seniors.​
• Employer Partnerships: Check if your employer has partnerships with any pet insurance companies for group discounts.​

6. Review Customer Feedback and Financial Stability

• Customer Reviews: Look for feedback on claim processing times, customer service quality, and overall satisfaction.​
• Financial Strength: Ensure the company is financially stable to guarantee they can pay out claims.​

7. Consult with Your Veterinarian

Veterinarians often have insights into which insurance companies have good reputations and may recommend providers based on your pet’s specific health needs.​

By thoroughly assessing your pet’s needs, comparing coverage options, and researching providers, you can find a pet insurance policy in New Jersey that offers both peace of mind and financial protection.

Pet Insurance Discounts In New Jersey

In New Jersey there are a wide range of potential pet insurance discounts that can bring your premiums down:

1. Those who have Horizon Blue Cross Blue shield, qualify for a 10% discount on coverage for pet insurance.
2. Anyone with a Costco membership can qualify for up to 15% on certain pet insurance plans.
3. AAA members can get up to 20% off certain insurance plans and another 10% off multi-pet policies.
4. Some providers offer discounts for active duty and retired military members and their immediate families.
5. New Jersey CPA Members qualify for discounts on pet insurance plans.

In addition to these options, some New Jersey residents can get discounts when they choose to pay premiums annually instead of monthly, if they get insurance on multiple pets, and if they combine insurance products such as a pet insurance policy with a car insurance policy.

Factors That Impact Cost Of Your Pet Insurance Policy In New Jersey

Roughly 50% of households in New Jersey have a pet. Of those, around 36% of cat owners and 40% of dog owners have pet insurance. But the cost of a policy can vary widely depending on several key factors.

1. Coverage Type

The most basic plans are accident-only, which cost less but offer limited protection. Comprehensive plans cover both accidents and illnesses — and while they’re more expensive, they offer much broader coverage.

2. Deductible

Your deductible is the amount you pay out-of-pocket before your insurance kicks in. In New Jersey, the most common deductible is $250, but many providers let you adjust this up to $1,000. A higher deductible usually means lower monthly premiums.

3. Reimbursement Percentage (Coinsurance)

This determines how much of your vet bill your insurer will reimburse.

• A 90% reimbursement rate means the insurer pays most of the bill, but your premium will be higher.
• Dropping to 80% or 70% can significantly lower your premium.

Some providers even offer reimbursement options as low as 50% in exchange for lower rates.

4. Annual Coverage Limit

This is the maximum amount your insurer will pay each year.

• Higher limits mean higher premiums, but more protection.
• Lower limits reduce your monthly cost but may leave you vulnerable to large vet bills.

5. Pet’s Age and Breed

You’ll pay more to insure:

• Older pets, as they are more likely to need care.
• Certain breeds prone to health issues — like Labrador Retrievers or Dobermans, which face joint problems or genetic conditions.

Cats are typically cheaper to insure than dogs, but breed-specific risks can still drive up the cost.