Pet Insurance Discounts That Can Lower Your Premium

In 2023, U.S. dog owners paid an average annual premium of $675.61. Cat owners paid $383.30, on average, for an accident and illness policy.

Resourceful owners can often find discounts on pet insurance. Here’s a look at nine of the most common pet insurance discounts available and how much they might be able to save you.

Pet insurance discounts

Pet insurance discounts are a way to reduce the monthly premium of your policy. These discounts are awarded for enrolling multiple pets, bundling policies, certain memberships and affiliations, and more.

Before enrolling your pets, be sure you’ve checked to see whether your carrier offers the discounts listed below and, if so, whether you’re eligible.

• Multi-pet discount
• Bundle discount
• Military discount
• Employee benefit discount
• Online policy discount
• Animal care employee discount
• Medical services animal discount
• Organization affiliation/membership discount
• Exam day discount

Multi-pet discount

You may earn a discount when you purchase pet insurance coverage for more than one animal. This could be a flat “family plan” for a maximum number of pets or a discount on subsequent policies.

Here are seven companies offering discounts for insuring two or more pets:

Company	Discount
Embrace	10%
Spot	10%
ASPCA	10%
Pumpkin	10%
FIGO	5% – 10%
Lemonade	5%
Pets Best	5%

To learn more, check out our guide on discounts for multiple pets.

Bundle discount

It’s common for an insurance carrier to offer a discount when buying more than one policy type. A bundle discount may apply to your pet insurance policy if the company offers other insurance products you also purchase.

Here’s one company offering discounts for bundled coverage:

Company	Discount	Requirements
Lemonade	10%	Bundle renters and pet

Military discount

Active-duty military members and veterans may qualify for discounted pet insurance policies through select carriers. Proof of military service is often required.

Here are two companies offering discounts for active or former military pet owners:

Company	Discount
Fetch	Up to 10%
Embrace	5%

Employee benefit discount

Your company or corporation may offer pet insurance discounts to employees. These typically range from 5% to 10% and may sometimes be combined with other discounts.

Here are four companies offering discounts for eligible employees or groups:

Company	Discount
Embrace	10%
Spot	10%
ASPCA	10%
FIGO	5% – 10%

Online policy discount

A handful of insurance carriers offer discounts in exchange for you buying your new policy online. This discount isn’t as common as it once was—likely because so many policyholders buy their plans online—but here’s one carrier to consider:

Company	Discount	Requirement
Fetch	10%	AARP members save when purchasing a plan online

Animal care employee discount

You may qualify for a discounted pet insurance policy if you work for a veterinary clinic, animal hospital, shelter, or other eligible animal care facility. In some cases, your workplace must enroll with a provider to unlock the discount; other carriers require you to prove you’re an animal care employee.

Here are three companies offering discounts for animal care employees:

Company	Discount	Requirements
ASPCA	10%	Employees of participating veterinary practices
FIGO	5% – 10%	Employees of participating veterinary practices
Pets Best	5%	Adopters, volunteers, and veterinary staff of participating organizations

Medical services animal discount

If your pet is a licensed therapy, support, or comfort animal, you may be able to get a discount on an insurance plan. Here’s one company that offers a discount for eligible medical service dogs:

Company	Discount	Requirements
Fetch	Not disclosed	Have a licensed support, comfort, or therapy pet

Organization affiliation or membership discount

Members of certain organizations can be eligible for a discount. Two companies that offer this type of discount are listed below:

Company	Discount	Requirement
Embrace	Up to 15%	USAA members
Fetch	10%	AARP members

Exam day discount

You may be eligible for a discount if you purchase coverage the same day your pet gets a veterinary exam (usually within 24 hours). For example, Trupanion offers an Exam Day Offer Program that discounts premiums for the first 12 months for Florida residents.

Company	Discount	Requirement
Trupanion	Not disclosed	Enroll in a policy within 24 hours of a veterinary exam

Other pet insurance savings

Beyond the discounts mentioned above, pet insurance companies may offer additional savings on their policies. Here are other pet insurance discounts you may encounter when shopping for a policy.

Reduced deductible for healthy pets

If your pet is healthy and goes claim-free for a year, you may be eligible for a lower deductible in the future. Embrace offers this benefit—called a diminishing deductible.

If your pet doesn’t suffer an accident or illness in a given year, your provider will reduce your deductible the following year. This reduction will continue down to $0.

However, once you file a claim, your deductible resets back to the original value.

Should you choose a policy based on available discounts?

Pet insurance discounts can be a great way to buy the coverage you want at a lower rate. But while these discounts can save you money, you shouldn’t buy a policy based on discounts alone.

Your priority as a pet owner should be finding the most comprehensive coverage you can for your furry friend. Consider the policy’s coverage limits, waiting periods, deductibles, and more to ensure it will be there when you need it.

To do this, you can check out our picks for the best pet insurance policies available.

When are pet insurance discounts applied?

Once you’ve narrowed down your pet insurance policy options, you can start finding out which discounts apply to you. All discounts are applied to your premium, whether monthly or annual.

Some carriers allow you to combine discounts, amplifying your savings even further. Others only let you discount your premiums once or may have overall discount limits.