Pets are family! So, if anything were to happen to your animal companion, you’d want to offer them the best care possible. This can, however, cost you thousands of dollars in veterinary bills. That’s where pet insurance comes in.
Examining Trupanion vs Healthy Paws pet insurance eye to eye, we’ll look at two of the most popular and well-known names, comparing and contrasting all they have to offer.
Trupanion has a straightforward plan
Healthy Paws ranked as one of the few great insurances.
Trupanion vs. Healthy Paws: At a Glance
Right off the bat, it’s clear that Trupanion and Healthy Paws policies share quite a few similarities with one another. They’re both based in the US, offer cat and dog insurance, and exclusively sell policies with unlimited annual benefits. Typically, they’d be appealing to the same type of customers. However, they do share slight differences that we’re here to break down in detail.
Trupanion vs. Healthy Paws: Coverage
70%, 80%, 90%
$100, $250, $500
$0 up to $1,000
15 days for accidents and illnesses
5 days for accidents, 30 days for illnesses
Up to 10 business days
60% in 24 hours
Upper Age Limits
Only younger than 6 years with a 12-month waiting period
Not only do both companies have unlimited annual benefits, but they have absolutely no caps on any payouts. This means no maximum limits ever, whether it be per-incident, annual, or lifetime. Their base policies cover the usual expenses you’d expect and differ from each other very slightly.
Trupanion and Healthy Paws both exclude exam costs and pre-existing conditions; however, they do cover diagnostic tests, hospitalization, surgery, medication, veterinary supplements, and hereditary conditions. What sets them apart is that Trupanion provides dental coverage, whereas Healthy Paws offers alternative and holistic care – both options overlooked by the other’s base policy.
Healthy paws doesn’t have any additional offers, but Trupanion, on the other hand, has two policy riders available. The Recovery and Complementary Care Rider covers non-clinical, alternative procedures. Meanwhile, the Pet Owner Assistance Package covers advertising and rewards in case your pet is lost, liability for third-party damage, cremation or burial costs, boarding fees, and vacation cancellation costs.
Trupanion only sells policies with a 90% reimbursement rate – expecting you to cover the remaining 10% – so the only thing you can customize on their policies is the deductible. They do, however, go all out with this feature, allowing you to set your deductible anywhere between $0 and $1,000 in $5 increments.
Healthy Paws offers a bit more flexibility in its policies, allowing you to choose between deductibles of $100, $250, or $500 and reimbursement amounts of 70%, 80%, or 90%.
Trupanion vs. Healthy Paws: Enrollment Process
You can enroll with both providers online through their websites. Both companies have an upper limit, and your pet is not eligible for coverage if over the age of 13 for Trupanion and 14 for Healthy Paws.
Healthy Paws screens for pre-existing conditions by asking for proof that your pet has had a checkup in the 12 months prior to enrollment. Trupnation doesn’t have this requirement but does charge new members a $35 one-time enrollment fee.
Trupanion has a waiting period of 5 days for injuries and 30 days for illnesses, while Healthy Paws has a 15 day waiting period for both.
Trupanion vs. Healthy Paws: Claim Filing
Filing a claim is a quick and easy procedure for both companies. Both Trupanion and Healthy Paws give you the option to submit a claim online, requiring you only submit a copy of the vet invoice. You could also download the claim form off of their websites, fill it out and send it by email or fax. You could also mail claims; however, those tend to get processed slower.
Healthy Paws offers its own smartphone app that guarantees to process your claim within 2 days.
Unlike its competitor, Trupanion offers Vet Direct Pay. If you visit any of the 2,300 veterinary hospitals and over 10,000 veterinarians the providers partnered with, Trupanion will provide direct payment for the services and all you’ll have to do is cover your copay. This won’t prevent you from using any vet of your choosing; however, for non-partnered vet offices – you’ll have to cover the bill out of pocket, submit a claim and wait to be reimbursed.
Trupanion vs. Healthy Paws: Reviews
Both Healthy Paws and Trupanion have stellar reviews. On the customer review site TrustPilot, Healthy Paws is rated 4.3 out of 5 stars, while Trupanion has a rating of 4.5/5. On top of this, the Better Business Bureau has given both companies an A rating.
Trupanion vs. Healthy Paws: Costs
The cost of a policy will vary based on the deductible, reimbursement rate, breed, and age. Trupanion also has riders available for purchase. These add to the coverage, but also the overall cost.
Trupanion vs Healthy Paws Cats
In general, both providers average cheaper rates for cat insurance, with Trupanion being the more costly among the two, at times more than doubling the monthly price of an equivalent Healthy Paws policy.
Trupanion vs Healthy Paws Dogs
When looking at dogs, Trupanion is still the less affordable option with monthly premiums that may go into the hundreds of dollars.
Trupanion vs Healthy Paws Cost Older Dogs
Insurance for older dogs is expensive, so taking a policy on an older pet is usually not worth it, regardless of which of the two providers you’re looking at.
What Are Trupanion and Healthy Paws?
Trupanion and Healthy Paws are both pet insurance companies that provide accidents and illness coverage for cats and dogs. Healthy Paws is available in all 50 states, while Trupanion is available both in the US and in Canada.
How Do Trupanion and Healthy Paws Work?
These companies provide pet insurance that you pay for in monthly installments. If your pet later needs medical treatment and the cause is eligible for coverage by the provider, they will reimburse you for up to 90% of the bill.
Who Should Use Trupanion or Healthy Paws?
Looking at Trupanion vs Healthy Paws pet insurance, it’s obvious that the latter is a more affordable option. Not only that, but Healthy Paws offers great service and definitely seems like the clear choice for those on a tighter budget.
Trupanion does, however, offer coverage its competitor does not, which might appeal to certain pet owners. For example, the Pet Owner Assistance rider is only 4.95 a month, and if you feel you’d benefit from that package – perhaps you’d like liability coverage for third-party damages – you may be more drawn to choose a policy by this company instead, regardless of the extra cost.
So, when it comes down to Trupanion vs Healthy Paws, who comes out on top? The right choice comes down to your and your pet’s specific needs. Healthy Paws is more budget-friendly; however, If you want a wider degree of coverage – Trupanion definitely offers more options for its users.
Are your pets prone to dental problems? Or, maybe they tend to mistake other people’s belongings for their chew toys. If that’s the case, Trupanion’s policy riders and add-ons can definitely be a benefit to you.
Ultimately, both providers are great options for your cat or dog, and by choosing either one you can rest easy knowing in the event of an accident your pet’s medical fees are covered.