Lemonade Pet Insurance Review & Prices (2024)
Written by
Through our extensive research we found Lemonade to be the best pet insurance provider available due to its comprehensive coverage and affordable policies.
A Lemonade pet insurance policy can give you peace of mind that your dog or cat will be kept healthy and receive the necessary medical attention when an unexpected illness or accident occurs, no matter how expensive the vet bill may be. Keep reading to learn more about the company’s history, plans, pricing, and customer reviews.
What Do We Think of Lemonade Pet Insurance?
Lemonade ranks as the highest pet insurance provider that we reviewed. Overall, Lemonade was rated 4.8 out of 5 stars making it our top pet insurance provider. Below is our breakdown of how they performed on a variety of factors.
How Does Lemonade Compare to the Competition?
| Company | Star Rating | Monthly Cost for Dogs* | Monthly Cost for Cats* | Visit Site |
|---|---|---|---|---|
| $23.22 | $11.00 | VISIT SITE | ||
| $45.75 | $25.23 | VISIT SITE | ||
| $57.19 | $34.97 | VISIT SITE | ||
| $43.29 | $23.73 | VISIT SITE | ||
| $48.65 | $22.73 | VISIT SITE | ||
| $46.48 | $21.51 | VISIT SITE | ||
| $26.48 | $13.28 | VISIT SITE |
*Based on sample quotes for a mixed four-year-old dog in Raleigh, North Carolina
How Much Does Lemonade Pet Insurance Cost?
Lemonade offers prices that are generally cheaper than many pet insurance competitors. Based on our research, we found monthly premiums for standard Lemonade policies to fall around $15–$30 per month for dogs and $9–$15 per month for cats. Get a quote using your location and pet’s information to view the most accurate pricing for your plan.
Lemonade’s preventative care add-on comes at an affordable rate of $16–$25 per month for dogs and $10–$20 per month for cats, depending on your policy’s reimbursement rate and the level of coverage you need. Based on our research, we found Lemonade to be one of the cheapest pet insurance companies on the market, offering customizability and generally low monthly premiums.
Additional coverage for vet visit fees typically costs around $2–$8 per month, and the add-on for physical therapy coverage comes at only $1–$4 extra per month.
To customize policy pricing, pet owners can select from the following:
- 70%, 80%, or 90% reimbursement percentages
- $100, $250, or $500 deductibles
- $5,000, $10,000, $20,000, $50,000, or $100,000 annual coverage limits.
Below are some examples of monthly premiums for various four-year-old dog and cat breeds in Raleigh, North Carolina, with a $250 deductible, 80% reimbursement rate, and a $20,000 annual limit.
Sample Monthly Pet Insurance Rates for Dogs and Cats
| Species/breed | Dog – Medium Mixed | Dog – Golden Retriever | Dog – Yorkshire Terrier | Cat – Domestic Medium Hair |
|---|---|---|---|---|
|
Accident and Illness Plan |
$18.50 |
$26.67 |
$17.00 |
$10.83 |
|
Accident and Illness Plan With Preventative Care |
$34.50 |
$42.67 |
$33.00 |
$20.83 |
|
Accident and Illness Plan With Vet Fees and Physical Therapy Coverage |
$23.67 |
$34.08 |
$21.75 |
$13.83 |
Does Lemonade Offer Discounts?
Lemonade offers a 10% discount for pet owners who bundle their pet insurance coverage with a Lemonade home insurance policy.
You can also save an additional 5% on your policy by paying annually rather than monthly.
What Plans and Coverage Does Lemonade Offer?
Lemonade offers one primary pet health insurance plan that includes accident and illness coverage. Here are a few examples of incidents that are covered under this plan:
- Vomiting, diarrhea, poisoning, and infections
- Broken bones, sprains, and other injuries
- Cancer, heart disease, arthritis, allergies
- Skin, congenital, hereditary, and other chronic conditions
- Elbow and hip dysplasia
Lemonade policies will cover procedures, treatments, or other costs related to accidents and illnesses, including the following:
- X-rays, MRIs, CT Scans, ultrasounds, blood tests, labwork
- Emergency care, hospitalization, surgery, outpatient, and specialty care
- Prescription medications
For extra coverage options, you can add coverage for vet visit fees to your plan, which covers vet visit fees and exam fees related to a covered incident. You can also add coverage for costs related to physical therapy, including chiropractic care and acupuncture.
You can also purchase coverage for routine care with the Preventative Care add-on. It’s intended to assist with keeping your pet healthy and preventing any future issues and covers 70%, 80%, or 90% of the vet bills related to routine care, depending on which reimbursement rate you choose with your standard policy.
Here are the covered items and specific annual limits for each benefit on a policy with an 80% reimbursement rate:
| Covered Item | Annual Limit |
|---|---|
|
Wellness exam |
$50 |
|
Heartworm test |
$40 |
|
Internal parasite or fecal test |
$35 |
|
Bloodwork |
$65 |
|
Three vaccines |
$75 |
|
Total benefit |
$265 |
You can also pay extra for a premium version of the preventative care add-on that includes all of the above costs, plus routine dental cleaning in addition to flea, tick, or heartworm medication. Lemonade also offer additional wellness visits and vaccinations in the premium preventative care option for puppies and kittens under 2 years old.
Does Lemonade Have any Coverage Exclusions?
Lemonade pet insurance policies don’t cover pre-existing conditions, which are defined in a sample policy as, “conditions that existed before the policy was purchased, such as chronic conditions, bilateral conditions, or intervertebral conditions.” Other exclusions determined by Lemonade include:
- Dental care, unless necessary to treat an injury
- Cosmetic and elective procedures
- Microchipping
- Grooming
- Anal gland expression
- Spaying, neutering, breeding or pregnancy-related conditions
- Alternative treatments
Lemonade also has age limits for coverage that vary between 6 and 14 years old, depending on the breed’s estimated life expectancy.
Where Is Lemonade Pet Insurance Available?
Lemonade pet insurance policies are available in 36 states across the country, in addition to Washington D.C.
Find the Best Pet Insurance in Your State
What Are Customer Reviews of Lemonade Pet Insurance?
Lemonade isn’t currently rated by the Better Business Bureau (BBB), unlike most competitors, but we found that its complaints come primarily from renters or homeowners insurance policyholders.
BBB reviews from current Lemonade pet insurance customers are mixed. While some rave about the fast claims process and ease of use, others complain about denied coverage and a hard-to-reach customer service team.
Here are some Lemonade pet insurance reviews from the BBB:
“I’ve had Lemonade for a while now and 10/10 would recommend. They are affordable, easy to use, and all communication with them has been understandable—simple language and simple requests.”
Kelsey M. from BBB says:
“I have only been with Lemonade for pet insurance for several months. The company will only review one claim at a time even though more than one vet visit occurred in a two-week period. Nowhere in the agreement that I could find did it tell me I had to wait for one claim to be reviewed before another could be submitted. The decision was made to submit the larger of the two amounts. I had to contact the company [four] times within a month period to find out the status of the claim. They were still reviewing it all the while my premium was being collected.”
Dwin C. from BBB says:
*BBB information accurate as of March 2023
Is Lemonade Pet Insurance Worth It?
Lemonade is the best pet insurance provider for you and your animal if you’re looking for an insurer with customizable annual limits, comprehensive coverage, a wellness add-on, and a fast claims process. However, look to Healthy Paws for unlimited coverage with no annual caps or Embrace for more flexible pet insurance deductibles. We always suggest pet parents get quotes from a few different providers to compare prices based on their location and pet’s species, breed, age, and size.
FAQs About Lemonade Pet Insurance
How long is the waiting period for Lemonade pet insurance?
The waiting period for Lemonade is two days for accidents and 14 days for illnesses after the policy’s effective date before coverage starts. Any incidents that arise during this time are considered pre-existing and won’t be eligible for a claim.
Does Lemonade pet insurance cover pre-existing conditions?
Similar to other pet insurance providers, Lemonade doesn’t cover pre-existing conditions. Any condition that exists before the policy’s coverage starts is considered pre-existing and excluded.
How do I file a pet insurance claim with Lemonade?
Lemonade has one of the easiest claims processes on the market. You initiate the process on the mobile app by interacting with AI technology. Once answering all of the necessary questions, Lemonade may be able to confirm your payout within minutes. Otherwise, a Lemonade representative will review your claim as soon as possible and reach out for any further questions.
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 pet insurance cost.
To share feedback or ask a question about this article, send a note to our Reviews team at reviews@thisoldhousereviews.com.
