Progressive is the greatest auto insurance company, and it also has plans for pet health insurance. Our Progressive Pet Insurance review will tell you everything you need to know about this company, including its plans, exclusions, prices, discounts, and more. This will help you find the best insurance policy for your pet.
Does Progressive have pet insurance?
Progressive was started in 1937 in Ohio. It was one of the first car insurance companies to offer drive-in claims. Over the years, the company has grown to become one of the biggest insurers in the country. It offers policies for homes, cars, and businesses.
Progressive teamed up with Pets Best in 2009 to offer affordable pet insurance, joining large insurance companies like Lemonade, Geico, and Nationwide that had also decided to get into the pet insurance business. Independence American Insurance Company (IAIC) or American Pet Insurance Company is in charge of writing Pets Best insurance policies (APIC).
How Progressive Pet Insurance Works
Progressive Pet Insurance is different from other companies because it pays for prescription drugs used to treat conditions covered by its Accident-Only Policy and Accident-and-Illness Policy. The company also covers alternative rehabilitation treatments and physical therapy, like chiropractic, acupuncture, treadmill therapy, therapeutic exercises, joint mobilization, and cryotherapy as part of its comprehensive plan.
Progressive has both an Accident-Only Plan and an Accident-and-Illness Plan:
- When compared to policies from other insurance companies, the Accident & Illness Policy is a bit harder to change. It has three different plans: Essential, Plus, and Elite. For each of these plans, customers can change the annual coverage limit, reimbursement rate, and deductible, and each plan has its list of covered services.
- The Accident-Only Policy can’t be changed, and it comes with a $250 deductible, 90% reimbursement, and $10,000 in coverage per year. This policy covers exams, X-rays, medications, hospital stays, surgeries, and other treatments needed after different kinds of accidents, such as eating a foreign object, getting hurt, breaking a bone, getting poisoned, getting bitten, or getting into a car accident, etc.
- Progressive also has two wellness care plans, EssentialWellness and BestWellness, that pay pet owners back for routine and preventive care.
- Like most pet insurance companies, Progressive doesn’t provide pet insurance for pre-existing conditions. The company’s policies don’t cover training, boarding, breeding, alternative and holistic treatments, pet supplies and food, anal gland extraction, cremation, and burial.
- Progressive’s pet insurance premiums are among the lowest on the market, especially for policies covering your pet for an unlimited amount of time each year. Accident-Only Insurance only costs $9 a month for dogs and $6 a month for cats. The EssentialWellness plan costs $16 per month and has an annual limit of $305. The best wellness plan costs $26 per month and has an annual limit of $535.
- There are discounts for relatives with further than one pet, paying online, being in the military, and paying an annual premium instead of a monthly one.
Why we like Progressive’s insurance
Most customers are happy with how cheap Progressive’s pet insurance prices are compared to those of other companies. According to our review of Progressive Pet Insurance, the claims process is also easy. There are several ways to file a claim with the company, including an online portal and email. Most claims are processed in about a week. This is faster than some other options, like Geico Pet Insurance, where it can take up to twice as long to get paid back.
- Progressive’s policy options are very flexible, giving customers a wide range of reimbursement rates and deductibles. According to the company’s website, plans for pet insurance start at just $1 a day.
- The Accident-Only Policy gives you a flat rate for your pet, no matter its breed or age. This means that the price of the “Accident Only” coverage and the “Wellness” riders won’t go up as your pet gets older.
- Lastly, Progressive lets customers cancel their insurance policy for any reason within 30 days of its start date and get a full refund, as long as they haven’t been paid for any claims.
What could be done better?
The only bad thing about this cheap pet insurance is that the basic Accident and Illness Policy doesn’t cover vet exams. We also would have liked to see reimbursement for dental care included in the wellness plans since pet insurance companies are doing this more and more.
Accident-Only plans from Progressive only cost a few dollars a month, but if you want more coverage, you’ll need to switch to a more comprehensive plan and buy the wellness add-on. There are also fewer options for annual limits. With the Accident & Illness Policy, there are only two options for annual limits with the Accident-Only Policy, and there are none with the Accident-Only Policy.
Is it worth it to get Progressive Pet Insurance?
Progressive is a well-known insurance company that offers affordable pet insurance plans. The company’s pet insurance plans might be good for pet owners who want to save money on insuring their four-legged friends. Most pet owners and vets agree that pet insurance is a good investment that can protect both your pet and your budget.
Treatments at the vet can cost up to or over a hundred dollars. More than 80% of dog owners in the US spend up to $500 on vet visits for their dog in the first year1. The estimates2 below show how much more it can cost to take your pet to the vet for an emergency:
- $100–$150 for a general exam or consultation
- Bloodwork: $80-$200
- X-rays cost $150 to $250, and ultrasounds cost $300 to $600.
- Treatment or repair of wounds: $800–$1,500
- $600-$3,500 for one to five days in the hospital
- $500 for oxygen therapy
- $800 to $2,500 for emergency surgery
With all of this in mind, it shouldn’t surprise that some pet owners have trouble paying for unexpected medical care if their pet gets sick or hurt. Taking pet insurance is the best method to ensure you can be there for your pet when they need you the most, without worrying about the cost of vet care.
But it’s not easy to find the best insurance for your pet, so take your time and do your research. Talk to your veterinarian to study more about the common genetic diseases your pet’s breed is prone to, and think about how your pet lives. For example, if your pet likes to spend a lot of time outside, it’s more likely to get hurt.
Websites like Policy Advisor are also very helpful. Policy Advisor is a comparison tool for pet insurance that uses your answers to analyze your pet’s breed-specific health risks, policy coverage, exclusions, and expected lifetime costs to help you find the right insurance plan at the best price.