Best Pet Insurance in New Mexico
Whether hiking with your pup through White Sands National Park or relaxing at home with your kitten, it’s important to remember that an unexpected accident or injury can happen at any time. Enrolling in an affordable pet insurance policy prevents you from worrying about expensive vet bills, allowing you to focus on getting your pet the necessary care.
We researched the best pet insurance companies across the country, evaluating plan options, coverage, reimbursement rates, waiting periods, and more. Through our research, we’ve found that the best pet insurance provider in New Mexico is Lemonade for its flexible plans and affordable pricing.
How Do NM Pet Insurance Companies Compare?
Company | Star Rating | Monthly Cost for Dogs* | Monthly Cost for Cats* | Visit Site |
---|---|---|---|---|
$33.69 | $13.32 | VISIT SITE | ||
$38.44 | $21.53 | VISIT SITE | ||
$65.15 | $53.43 | VISIT SITE | ||
$44.83 | $24.68 | VISIT SITE | ||
$49.85 | $26.55 | VISIT SITE | ||
$44.79 | $16.36 | VISIT SITE | ||
$114.73 | $57.19 | VISIT SITE |
New Mexico’s Top 7 Pet Insurance Providers
What Does Pet Insurance Cover and Not Cover?
Your pet insurance coverage depends on if you’ve chosen an accident-only or an accident-and-illness plan. You can also expand your coverage by selecting a wellness add-on. Here’s what each plan covers:
Accident-only plan
An accident-only plan covers emergency care, treatments, and procedures relating to an accident or injury. This includes hospitalization, diagnostics, and prescription medication.
Accident-and-illness plan
An accident-and-illness policy covers everything in an accident-only plan, plus costs associated with illnesses and conditions. This can include cancer, arthritis, allergies, diabetes, hereditary conditions, chronic conditions, and more.
Wellness add-on
Most pet insurance providers don’t cover preventive care in their base plans because this is considered an expected cost that pet parents can plan for, and pet insurance is meant to cover unexpected bills. Some providers offer a wellness care add-on at an additional monthly cost. These wellness plans typically cover services and treatments such as spay/neuter surgery, vaccinations, annual checkups, dental cleanings, and flea/tick prevention.
Pet insurance policies also come with some exclusions. For example, no pet insurance providers cover preexisting conditions, defined as any injury, illness, or condition that your pet was diagnosed with or showed symptoms of before the start date of your policy. However, some companies (Embrace, Spot, and Fetch) will cover curable preexisting conditions after a certain waiting period as long there are no recurring symptoms.
Pet insurance policies also typically don’t cover cosmetic or elective surgeries, breeding costs, grooming, and preventive care.
Is Pet Insurance in New Mexico Worth it?
Yes, in most cases, we’ve found that pet insurance is worth it in New Mexico due to the added security and peace of mind. A pet insurance policy provides peace of mind that your pet will be cared for in an emergency, illness, or injury. There are plenty of pet insurance companies to choose from, but we believe the providers on this list offer the best coverage, price, customer service, and unique offerings in New Mexico. Lemonade is our top choice for affordable, comprehensive coverage. Spot, Figo, or Embrace might be better if you’re looking for flexible coverage options.
FAQs About New Mexico Pet Insurance
Is pet insurance in New Mexico worth it?
Many pet owners think pet insurance is worth it for the reassurance that if their pet gets sick or injured, they won’t be in financial turmoil or have to make the difficult decision to say goodbye. Most pet insurance providers reimburse 70% to 100% of vet bills, ensuring you can focus on your beloved pet’s needs and not your wallet.
Can I begin using my pet insurance policy right away?
All pet insurance policies have a waiting period until your policy goes into effect. This period varies between providers and can range from 48 hours to 15 days (sometimes longer for conditions such as cruciate ligament tears or hip dysplasia). Any emergency, accident, or illness during the waiting period won’t be covered.
Does pet insurance cover preexisting conditions?
No, pet insurance doesn’t cover preexisting conditions. However, certain providers, such as Embrace and Spot, make exceptions for curable preexisting conditions if your pet has been without symptoms or treatment for a set amount of time.
Our Rating Methodology
We are dedicated to thorough, in-depth reviews of each product or service that we detail in our content. Determined to build trust with our readers through transparency, accuracy, and accountability, we’ve built a detailed rating system to score pet insurance brands. Included in this methodology are the following six factors with their respective scoring weights:
- Coverage (25)
- Plan options (20)
- Monthly cost (20)
- Company reputation (15)
- Customer service (10)
- Species eligibility (10)
Our researchers keep all data in each company’s score up to date, making any changes to our content when necessary to provide our readers with the most accurate information on relevant metrics, such as plan options, customer service, reputation, and monthly cost.
To share feedback or ask a question about this article, send a note to our Reviews team at reviews@thisoldhousereviews.com.