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Are Their Higher Premiums Worth It?


Prudent Pet Insurance is a relative newcomer to the industry. They launched in late 2018 but have a high-rated underwriter and administrator for their pet insurance products for both cats and dogs. With competitive coverage, they’re a promising prospect for pet insurance. But how do their premiums and claim processing stack up against some pretty stiff competition from well-established companies?


Prudent Pet Insurance Review

Product Name: Prudent Pet Insurance

Product Description: Prudent Pet offers pet insurance for dogs and cats.

Summary

Prudent Pet has some impressive coverage, but it comes at a higher price than its competitors. Claim processing customer feedback is sporadic, with some saying it’s speedy and others saying it’s slow. However, it’s showing some promise for being newer to the pet insurance industry.

Our pet insurance experts read through each pet insurance company’s policy to provide detailed comparisons and information regarding how a provider fares against others in the industry. We also speak with customers, read online feedback, and communicate one-on-one with pet insurance companies to obtain a well-rounded, unbiased analysis of a company’s standings.

Our team rates pet insurance companies based on several factors, including A.M. Best ratings (an indicator of financial stability), claim processing reputations, contract coverage, customer service, pricing, plan customizations, and more.

Pros

  • No lifetime payout limits on any plans
  • No upper age limits
  • 60% of claims are processed within 1 day
  • Your pet is covered when they travel with you in the U.S., Canada, Puerto Rico, and other U.S. territories
  • Competitively priced wellness plans

Cons

  • Premiums were significantly higher than average when we ran quotes
  • 5-day waiting period for accidents (some cover within 2-3 days)
  • If there’s a knee injury prior to enrollment or during the waiting period, they won’t cover the second leg if an injury occurs. It’s considered a bilateral condition.
  • No mobile apps
  • $2 transaction fee