In a world where it feels like insurance is necessary for nearly every aspect of your life like home insurance, life insurance, car insurance, or small business insurance, you may be hesitant to add one more policy to this list.
However, when you purchase pet insurance coverage for your dog or cat, you’re more likely than not to save yourself money in the long run and make sure your fur babies stay healthy. Many pet insurance providers offer customizable plans so you can determine how much you’re able to pay each month and pick a policy that fits your budget.
Take a look at our ManyPets Pet Insurance review below to learn about this new company and potentially find a plan you like.
Company Overview
A relative newcomer to the game, ManyPets Insurance started in the US in 2021. However, company founders Steven Mendel and Guy Farley were no novices to the insurance world. The duo had already started another insurance company called Bought By Many in the United Kingdom in 2012 that eventually was rebranded as ManyPets. Today, the company has home offices in both London and Atlanta, Georgia.
Pros
- Exam fees included in coverage
- No annual limits
- Includes annual stipend for vitamins, supplements, dental cleanings, and parasite tests/prevention
- Coverage in the United States, United Kingdom, and Sweden
- Waiting period waived if switching from another insurance provider
Cons
- Pets over the age of 6 not eligible for hip dysplasia coverage at enrollment
- Not available in Hawaii, Idaho, Maine, Massachusetts, and Minnesota
- Requires medical records from previous 18 months upon enrollment
Option to Pay Vet Directly: No
App Support: No
Accident Waiting Period: 15 Days
Illness Waiting Period: 15 Days
Orthopedic Waiting Period: 15 Days
Vet Helpline Available: Coming Soon
Multi-Pet Discount: No
Deductible Type: Annual
Policies for ManyPets are underwritten by the Accredited Surety and Casualty Company. Coverage is available in the U.K., Sweden, and most states in the U.S. While ManyPets is actively working to bring coverage to all 50 states, it currently does not operate in Hawaii, Idaho, Maine, or Minnesota.
ManyPets focuses its business model on always keeping your pet's best interest at heart. The company's goal is to ease the financial burden of owning a pet and to make sure no pet parent has to forgo getting the vet care that’s needed.
As one of the best pet insurance companies, competitors of ManyPets include:
- ASPCA Pet Health Insurance
- Embrace Pet Insurance
- Healthy Paws
- Lemonade Pet Insurance
- Nationwide Pet Insurance
- Pet Assure
- Pets Best Insurance
- Prudent Pet
- Pumpkin Pet Insurance
- Spot
- Trupanion
Why We Like ManyPets Insurance
ManyPets Pet Insurance has managed to stand out from the competition in just a few short years by offering coverage options that appeal to pet parents like no annual reimbursement caps, optional dental illness coverage and preventive care, and a hefty 15% multi-pet discount.
However, its pet insurance plans aren’t available in all states yet, so depending on where you live it may not be an option. The plans offered are fairly simple but still give you options to customize by choosing your own deductible and reimbursement level. On average, overall premium costs with ManyPets are lower than many other providers making this a good choice for those who need to stay within a budget.
How Pet Insurance Works with ManyPets
ManyPets follows a basic pet health insurance model in that you take out a policy for your cat or dog, pay for your accident or illness services from a licensed vet, and then submit a claim to be reimbursed according to the details of your pet insurance plan.
ManyPets Insurance Overview
| Feature | Details |
|---|---|
| Eligible Pets | Cats and Dogs |
| Age Eligibility | 8 weeks old to 14 years old |
| Coverage Continuation | Coverage continues for life if insured before 14th birthday and remains insured |
| Network | No in- or out-of-network providers; any licensed vet in the U.S. |
| Pre-Authorization | Not required |
| Waiting Period | 15 days for accidents or illnesses (can be reduced to 24 hours) |
| Wellness Plan | Optional; covers routine care up to $600 per policy term |
Like all types of insurance, there are certain restrictions on what services are and aren’t covered (for example, no pet policy will cover pre-existing conditions), and for each policy term, you’ll first have to meet your deductible before your plan will start paying out. ManyPets offers one basic coverage option for accidents and illnesses that can be used for both cats and dogs, as well as a wellness plan that can be added as a rider to help pay for preventative care.
ManyPets Plans
The ManyPets plan covers vet services for accidents or illnesses and any care received is subject to a mandatory 15-day waiting period; however, this can be waived and brought down to just 24 hours if you can prove you held a valid policy with another pet insurance company leading up to your new policy effective date with ManyPets. There are no in- or out-of-network providers, and all insured pets can see any licensed vet in the U.S. without needing pre-authorization.
Pets must be at least eight weeks old but no older than 14 years old to qualify for dog and cat insurance, but once your pet is insured they will not lose coverage as they age (so as long as they have a valid policy before their 14th birthday and they remain insured, they can stay covered for the rest of their life). While the upper age limit may be a sticking point for a pet owner of an elderly cat or dog, it is somewhat standard in the business since these pets are more prone to certain illnesses and health conditions. For instance, both Healthy Paws Pet Insurance and Embrace Pet Insurance have coverage restrictions on pets over the age of 14.
What’s Covered
- Laboratory, x-rays, and diagnostic tests
- Medication
- Surgery
- Exams
- Hospitalization
- Digestive illnesses
- Broken bones
- Chiropractic and Acupuncture
- Cancer treatments
- Hereditary conditions
- Congenital conditions
- Euthanasia and cremation
What’s Not Covered
- Pre-existing conditions – though conditions that are treatment-free for 18 months may be eligible for coverage
- Hip dysplasia for pets over the age of six (or if it’s a pre-existing condition)
- Routine care
- Training for behavioral modification
- Elective or cosmetic procedures
- Microchipping
- Regular dental care
- Parasite control
- Anal gland expression
- Boarding
- Breeding
ManyPets Wellness Plan
| Feature | Details |
|---|---|
| Wellness Exam | $150 coverage |
| Vaccines | Included in wellness exam coverage |
| Flea/Tick Prevention | $150 coverage, including heartworm test |
| Dental Cleaning | $150 coverage |
| Holistic Care | $150 for supplements and holistic treatments |
| Monthly Cost (Dogs) | Approx. $34.99, potential savings of $180 |
| Monthly Cost (Cats) | Approx. $24.99, potential savings of $300 |
The ManyPets Wellness Plan can be added on separately to your standard pet insurance plan, but it works in a slightly different way as it’s technically not insurance. Instead, it’s an account that you’ll pay into each month (much like a health savings account (HSA) that’s connected to your health insurance) that you can then be reimbursed from.
This plan pays out up to $600 per policy term for routine care for your cat or dog for the following services:
- $150 for a wellness exam and vaccines
- $150 for flea, tick, and heartworm prevention including a heartworm test
- $150 for dental cleaning
- $150 for holistic supplements and care
Reimbursements for this work in the same way as your regular pet insurance policy, meaning you’ll submit a detailed claim form that includes an itemized copy of your vet’s invoice and a payment receipt. Wellness plans cost around $34.99 a month for dogs, so if you use all four services within your policy term you’ll save up to $180 in expenses. For cats, you’ll only pay around $24.99 a month earning you a potential savings of $300 per policy term.
How Much Does ManyPets Cost?
Your pet insurance cost is determined by the deductible and reimbursement level you choose as well as your zip code and your pet’s age and breed. You have three deductible options of $250, $500, or $1,000 and your two choices for reimbursement rates are 70% and 80%.
No matter what options you choose for these, all plans come with unlimited annual coverage, meaning there’s no yearly cap on reimbursement for your covered services. Many companies like Figo Pet Insurance or Spot Pet Insurance may offer the option of an unlimited annual payout, but this will significantly increase your premium.
Estimated Monthly Costs
| Pet Type | Deductible | Reimbursement Rate | Monthly Cost |
|---|---|---|---|
| Three-Year-Old, Mixed Breed, Dog | $250 | 80% | $50.32 |
| Three-Year-Old, Domestic Shorthair Cat | $250 | 80% | $35.31 |
| Three-Year-Old, Mixed Breed, Dog | $1,000 | 70% | $17.60 |
When estimating monthly costs, we used a plan with an 80% reimbursement level coupled with a $250 deductible. With this, you can expect to pay about $50.32 a month for a three-year-old, mixed breed, medium size dog, and $35.31 a month for a three-year-old, domestic shorthair cat.
Monthly premiums can be significantly reduced by choosing the highest deductible and the lowest reimbursement rate. For instance, a policy for the same dog at a $1,000 deductible and 70% reimbursement rate would only be $17.60 a month.
Vet Bill Coverage Example
| Vet Bill Cost | Deductible | Insurance Coverage | Your Out-of-Pocket Cost |
|---|---|---|---|
| $500 | $250 | 80% | $150 |
| $1,000 | $250 | 80% | $300 |
| $3,000 | $250 | 80% | $750 |
| $4,500 | $250 | 80% | $1,050 |
ManyPets also offers one of the best discounts for pet owners with multiple pets at 15%. Those insuring more than one furry friend may find pet insurance worth it if they’re able to take advantage of this deal.
How To Sign Up
On the company’s website, click on the pink box in the upper right-hand corner that reads, “Get My Price.” You’ll need to enter some basic information about yourself and your pet, then you’ll be given a quote where you can adjust the deductible and reimbursement level to achieve the price you’re looking for. If you find a quote you like that fits your budget, you can sign up right away and submit your credit card information to have your monthly premium automatically withdrawn.
ManyPets currently doesn’t provide the option to link your membership to a checking account for payment. Alternatively, you can call the company directly at 1(888)-978-5291 to talk with a representative, get a quote, and find the best pet insurance policy for your needs.
How To File a Claim
To be reimbursed for a covered service, you must submit a claim request within 180 days of the date of treatment. You should then log into your customer account through ManyPet’s website and click on the “Make a Claim” button. Here, you’ll be prompted to fill in a few details about your claim and upload a copy of your itemized invoice and your payment receipt.
If this is your first claim, you may also need to include your pet’s medical records which must cover the previous 18 months of their life. If additional documentation is needed, ManyPets may contact your vet directly to request these.
Most claims are processed within 48 hours unless further documentation is needed. Once approved, nearly all claims are paid out within 24 hours though depending on your bank, it may take longer for the transaction to show up in your account. Approved claims will be paid to the policyholder via direct deposit or by mailing a check. For questions regarding a claim, you can email the customer service department at [email protected].
Contact Information
For general questions, email [email protected] or call the company directly at (888) 978-5291 Monday through Friday from 9:00 am to 9:00 pm, or Saturday from 10:00 am to 6:00 pm EST. You can also submit a request for help online where you’re able to upload photos or other files, and a ManyPets representative will review your question and contact you with an answer.
How To Cancel
Cancellations can be made by calling or emailing the company. If you cancel within the first 30 days, you will receive a full premium reimbursement as long as you haven’t filed any claims. However, some states may have different policies about this, so it’s best to consult your cat or dog insurance policy page.
The Bottom Line
With its low monthly premiums, easy-to-understand plan options, significant multi-pet insurance discount, and unlimited annual coverage, it’s easy to see why ManyPets might be one of the best pet insurance companies for you. Keep in mind that there are not a lot of custom options when choosing a plan, so some pet parents may wish to look elsewhere. However, most homeowners should be pleased with an affordable pet insurance policy from ManyPets.
What is the waiting period for claims with ManyPets Insurance?
The waiting period for accidents and illnesses is 15 days, which can be reduced to 24 hours if the pet was previously insured by another provider before switching to ManyPets.
How much does ManyPets Insurance typically cost?
The cost varies based on the deductible, reimbursement rate, pet's age, and breed. Estimated monthly premiums for a three-year-old mixed breed dog can be around $50.32 with an 80% reimbursement rate and $250 deductible.
Does ManyPets offer discounts?
Yes, ManyPets offers a 15% discount for pet owners who insure more than one pet, providing a cost-saving opportunity for those with multiple pets.
What is the ManyPets Wellness Plan?
It's an optional plan covering routine care up to $600 per policy term, including wellness exams, vaccines, flea/tick prevention, dental cleaning, and holistic care, offering savings on monthly costs.
How do I file a claim?
To file a claim, submit a request within 180 days of treatment through the ManyPets website, and include an itemized invoice and payment receipt. Most claims are processed within 48 hours.
Can I choose my own deductible?
Yes, pet owners can choose from three deductible options ($250, $500, $1,000) and two reimbursement rates (70% and 80%) to find a plan that fits their budget and needs.
