April 22, 2024

Our experts answer readers’ insurance questions and write unbiased product reviews (here’s how we assess insurance products). In some cases, we receive a commission from our partners; however, our opinions are our own.

ManyPets ManyPets Pet insurance


JD Power Customer Satisfaction Rating

None


AM Best Financial Strength Rating

A-

ManyPets ManyPets Pet insurance


JD Power Customer Satisfaction Rating

None


AM Best Financial Strength Rating

A-

compare policies and rates with Petted


ManyPets Pet insurance

Details


JD Power Customer Satisfaction Rating

None


AM Best Financial Strength Rating

A-

Pros & Cons
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Additional Reading
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Originally branded as “Bought by Many,” ManyPets Pet insurance offers diverse pet insurance plans in the US. Opening its doors in 2017, ManyPets has a short history compared to popular providers like Healthy Paws and Trupanion. The pet insurance industry overall is young but filled with many idealistic pet lovers looking to keep pets healthy and happy.

The average cost of pet insurance is just $20-$60, depending on how much coverage you want. But, like many other pet insurance companies, ManyPets is facing a fundamental question. Is the company offering an affordable product covering what pet parents want?

ManyPets is not currently available in all states, but the brand indicates it’s working on expanding. If you’re hunting for pet insurance and wondering how coverage from ManyPets works and how much it costs, read on to learn more.

Types of Pet Insurance Plans from ManyPets

ManyPets promises pet insurance plans with no hidden fees, networks, or restrictions and hassle-free claims. When we ran a quote, ManyPets gave us one accident and illness plan. It listed unlimited reimbursement for all eligible claims, the option to use any registered vet, and a standard list of qualified services.

ManyPets does not have lower coverage limits, which isn’t necessarily a problem. The company may understand how quickly costs can rise in a pet emergency. Unfortunately, while $5,000 or $10,000 may seem like a lot, a pet’s medical crisis can quickly surpass those limits if hospitalizations, surgeries, etc. are required.

This said ManyPets offers limited options to eligible pets. In addition, the options may vary between states. We only quoted in some covered states. But we received reimbursement options of 70% or 80% and an annual deductible of $500 or $750. The company did offer a 90% reimbursement tier, but it has verified the 90% tier is no longer available through ManyPets.

ManyPets has no breed or age restrictions for covered pets. Its plans include the following coverages right off the bat:

  • Accidents and illnesses, such as cancer, diabetes, genetic issues, and more
  • Exams and tests, including diagnostic tests, X-rays, and urinalysis
  • Medications prescribed by a veterinarian
  • Treatments and surgeries ordered by a veterinarian
  • Hospitalizations
  • Vet visits

During the signup process, you can verify the details. Some conditions may be subject to a 15-day waiting period before coverage beings.

Additional Coverage Options

ManyPets Pet insurance offers one wellness care add-on to help pet owners spread the cost of their furry friend’s routine care throughout the year. Its pet wellness plan pays for regular exams and vaccinations, testing and parasite prevention, dental cleanings, and more.

Specifically, wellness coverage from ManyPets comes with the following:

  • Exam and vaccination coverage worth up to $150 per year
  • $150 per year toward testing and parasite prevention
  • Dental cleaning protection worth up to $150 per year
  • $150 per year in coverage for vitamins and supplements

Wellness plans all have a separate 24-hour waiting period before coverage applies. Also, ManyPets wellness coverage does not cover prescriptions or treatments for accidents and illnesses, grooming, microchipping, spaying or neutering, blood tests, elective or cosmetic procedures, prescription diets, or pet training.

How Much Does ManyPets Pet Insurance Cost?

The average cost of ManyPets coverage depends on your pet’s age, breed, and policy specifics, including your deductible and reimbursement level. To help you estimate what you might pay, we got pet insurance quotes for a range of pet profiles.

As you look at the charts below, note how some reimbursement and deductible options were not offered for every pet based on age and breed.

Average Pet Insurance Costs for Dogs

Average Pet Insurance Costs for Cats

How to File A Claim

Like other pet insurance plans, ManyPets reimburses you after paying your vet bills. This means you’ll pay the total cost of your pet’s care upfront. However, once you file a claim with ManyPets, it will reimburse you after accounting for your deductible and coinsurance amount.

ManyPets’ website confirmed its methods by adding a reimbursement example to one of our quotes. While other carriers may do something similar, ManyPets is the first pet insurance company we’ve seen offer this type of example so clearly with the quote.

ManyPets Claim Example

ManyPets Claim Example


website



ManyPets says it processes most claims within 48 hours. But it can take up to 10 business days to process each reimbursement. So, the best thing customers can do to speed it up is to have all relevant documentation ready to submit with the claim. All claims are filed through the company’s online portal.

ManyPets also asks policyholders to submit pets’ medical records from the last 18 months when filing the first claim. This is its way of establishing what may or may not be a preexisting condition.

ManyPets Pet Insurance FAQs

ManyPets says dog insurance starts at around $20 per month, and cat insurance starts at about $12 monthly. The quotes we got increased with age and higher reimbursement levels or lower deductibles, though the breed is a notable factor in pricing.

ManyPets lets its customers select from deductibles of $500 or $750 based on the quotes we were offered. However, some states may have different options.

ManyPets covers many preexisting conditions your pet might have as long as they have been symptom and treatment-free for at least 18 months. However, exceptions apply to cruciate ligament (CL, CCL, ACL) injuries and hip dysplasia (if your pet is six years or older when diagnosed). Most competitors willing to cover “curable” conditions have waiting periods of six to twelve months.

Pet insurance from ManyPets has a waiting period of 15 days for accidents and injuries.

Methodology

To compile information for this ManyPets review, we compared dozens of top pet insurance companies. We looked at included benefits, exclusions, and riders. We also compared annual coverage limits, deductibles, and reimbursement options.

In addition to facts we gathered from pet insurance companies, this review also considered the financial health of providers and past user reviews. Our insurance rating methodology allows us to score pet insurance companies more objectively without getting caught up in one measure of success. As a result, we can offer better options for consumers looking for guidance.

ManyPets Pet Insurance Competitors

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Editor’s Rating

4.22/5

A five pointed star

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A five pointed star

Editor’s Rating

4.22/5

A five pointed star

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Editor’s Rating

3.56/5

A five pointed star

A five pointed star

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A five pointed star

Compare ManyPets vs. Figo

Figo is a popular pet insurance company covering dogs and cats. Its plans cover many preexisting conditions considered “curable,” and live access to a veterinarian 24/7 comes standard with coverage. Figo will cover “curable” diseases once your pet has been symptom-free for 12 months. Again, ManyPets requires 18 months. When you file a pet insurance claim for the first time, Figo does not need an 18-month veterinary history. As such, the claims filing process may be more straightforward for Figo customers.

Figo Pet Insurance offers annual coverage options of $5,000, $10,000, or unlimited coverage. Costs vary based on coverage limits, reimbursement rates (70% to 100%), and deductibles ($100, $250, $500, and $750 are available). When we selected a 100% reimbursement rate, our only options were $5,000 or $10,000 limits with Figo.

Pricing is similar between the two companies when we quoted similar terms. However, Figo’s more diverse range of options and its shorter waiting period for curable preexisting conditions gave it a greater appeal.

Compare ManyPets vs. Spot

Spot Pet Insurance offers pet insurance for accidents and illnesses or accidents only. It lets pet owners beef up their protection with a wellness plan add-on similar to ManyPets’ wellness rider. Its plans are also highly flexible, with many coverage options available. For example, pet owners can choose from annual coverage limits starting at $2,500 and going up to unlimited.

As mentioned before, veterinary bills can quickly get out of hand, and ManyPets’ simple unlimited plan eliminates lower limits that could be disastrous in a pet emergency. On the other hand, Spot’s lower coverage limits will reduce monthly premiums but may fall short when pet parents need it most. This said rates for the two companies’ unlimited plans were similar.

Spot’s deductible options range from $100 to $1,000, and reimbursement options range from 70 to 90%. ManyPets only offers $500 or $750 deductibles and 70% or 80% reimbursement. According to our sources, its 90% reimbursement rate is no longer available.

Spot offers a unique money-back guarantee lasting 30 days with every pet plan. So if you change your mind early on, you can get your money back. Outside of Spot’s lower deductible options and slightly higher reimbursement rates, we appreciate ManyPets’ simple approach, making choices easier for pet parents.

Compare ManyPets vs. MetLife

You can also consider MetLife Pet Insurance for your pet insurance needs, particularly if you want to customize your coverage or add multiple pets to a single policy. Plans from MetLife come with annual limits of $2,000, $5,000, or $10,000, with no unlimited coverage options available. As mentioned, pet parents may be surprised at how quickly they can reach the $10,000 threshold in an emergency.

However, deductibles can be tailored to your needs, and up to 100% reimbursement options are available for smaller annual limits. MetLife also offers an optional preventative care plan to pay for routine checkups, wellness exams, vaccinations, and heartworm prevention medications.

MetLife’s pet insurance plan is designed to be bundled with other MetLife insurance products instead of being a standalone product designed with the well-being of pets in mind. Unfortunately, next to companies like ManyPets, it comes up woefully short. ManyPets’ prices match industry averages, offering affordable rates for most families. Its unlimited coverage with up to 80% reimbursement and $500 or $750 deductibles leave MetLife in the dust.