Compare the Best Pet Insurance Companies in Minnesota
The Best Pet Insurance Companies in Minnesota
How Much Does Pet Insurance Cost in Minnesota?
Pet insurance in Minnesota costs an average of $53 for a dog and $26 per month for a cat, according to our analysis of pet insurance costs. That’s for a policy with $5,000 of annual coverage, a $250 deductible and 80% reimbursement level. A policy with unlimited annual coverage, a $250 deductible and 80% reimbursement level costs an average of $77 per month for a dog and $35 per month for a cat in Minnesota.
Cost of Pet Insurance for Dogs in Minnesota
Cost of Pet Insurance for Cats in Minnesota
How To Find the Best Pet Insurance in Minnesota
When you’re comparing your insurance options, you may be looking for the cheapest pet insurance policy. Before you go for the cheapest option, see if the policy has these features.
Methodology
To find the best Minnesota pet insurance we scored each company based on the following:
- Pet insurance rates (40% of score): We calculated average rates in Minnesota for medium sized mixed breed dogs age 3 months, 2 years, 5 years and 7 years for plans with unlimited coverage, a $250 deductible and a 80% reimbursement level, or the closest options available.
- Special waiting period (10% of score): Many pet insurance companies have a special waiting period for problems such as cruciate ligament issues and hip dysplasia. Plans that had no waiting period, a waiting period of fewer than six months or the ability to have the waiting period waived scored higher.
- Direct payment to vet (10% of score): Pet insurance companies that have the ability to pay a vet directly earned points.
- 24/7 vet health line (10% of score): Insurers that provide access to a 24/7 vet health line earned points.
- Routine wellness plans (10% of score): Insurers that offer optional wellness plans earned points.
- Pays veterinary exam fees (10% of score): Plans that cover the vet exam fee received points. Not all insurers cover exam fees, even if the fee is for an illness or accident-related visit.
- Euthanasia or end of life expenses (5% of score): Insurers that cover end of life expenses, such as euthanasia, cremation or burial fees, received points.
Multipet discount (5% of score): Many pet insurance companies offer a discount if you insure more than one pet. Insurers that offer a multipet discount earned points.
Minnesota Pet Insurance FAQs
Is pet insurance more expensive in Minnesota?
Minnesota has cheaper average pet insurance compared to other states such as Arizona, California and Connecticut.
But pet owners in Georgia, Indiana and Maine are paying less.
What is the cheapest pet insurance in Minnesota?
the lowest average insurance price for dogs in Minnesota, among the companies in our analysis. Its cost averages $35 per month for dogs for unlimited coverage.
For cats, Figo has the cheapest Minnesota pet insurance, at an average of $11 per month for unlimited coverage.
Is pet insurance worth it in Minnesota?
A good way to determine if pet insurance is worth it is to consider how a large vet bill could impact your personal finances. For example, if you’ve been paying about $50 per month for pet insurance for three years, you’ve paid $1,800 in pet insurance premiums.
Let’s say your dog swallows a tennis ball and treatment costs $3,500. If you have a $250 deductible and 80% reimbursement level, your out-of-pocket cost for the vet would be $900 ($250 deductible + 20% of $3,250 = $900). Adding up the premium for three years and what you’ve paid toward treatment, you’ve paid $2,700 and saved $800 by having pet insurance.
