Many people these days have more than one pet, so it’s worth considering whether to take out separate pet insurance cover for each animal, or one policy for all your pets.
A number of insurers offer multi-pet insurance – and it can make it easier to manage your pet cover.
With a multi-pet plan you only have to deal with one insurer, one renewal date and one set of documents instead of juggling correspondence from several different firms.
Is multi-pet insurance cheaper? Are there discounts?
Multi-pet insurance can also work out cheaper as many insurers offer discounts if you cover more than one animal on the same policy. The discounts vary. Some companies cut the cost by between 5% and 10%. Others give a discount of £12 a year for each additional pet you insure.
Most multi-pet policies are for cats and dogs, or a combination of the two
For example, if you took out insurance for two pets, you would get a £24 discount, or a discount of £36 if there were three pets on the policy.
The maximum number of pets you can insure on a multi-pet policy is usually capped, and the typical maximum is six. In other words, if your insurer offers a £12 discount and you insure the maximum six pets on the policy, you could expect a discount of £72.
Do multi-pet policies only provide cover for cats & dogs?
Most multi-pet policies are for cats and dogs, or a combination of the two. So, you might insure one dog and two cats. But some insurers cover other animals, such as rabbits, on multi-pet plans. Our service allows you to add multiple quotes for cats and dogs only – simply add each pet one at a time to get a quote for multiple cats and dogs.
For example, you could buy one multi-pet policy to cover your dog, cat and rabbit. If you have an exotic or unusual pet, such as a parrot or snake, you will probably have to buy separate insurance.
Tailored multi-pet cover
You can usually tailor a multi-pet insurance plan to suit the needs of your individual pets.
For example, you might want to insure one pet on a standard policy that covers vet fees of up to £3,000, but prefer a premium plan with vet fees up to £7,500 for another animal. You might also want to buy additional dental cover for your dog but not for your cat.
The flexibility of multi-pet insurance can be particularly useful if you have animals of different breeds, ages and with different health needs. But don’t forget that the premiums will reflect the level and type of cover you buy.
It’s also worth bearing in mind that insurers impose similar restrictions on multi-pet plans as on single pet insurance policies.
For example, the minimum age limit is usually eight weeks for cats and dogs, up to a maximum of nine or 12 years. Some breeds of dog, notably pitbulls, are commonly excluded. You will also find it difficult – if not impossible – to get cover for a pet’s pre-existing medical condition.
Compare multiple pet insurance quotes with MoneySuperMarket
You can compare multi-pet insurance policies on MoneySuperMarket, a free independent comparison site. But it’s also worth checking out the cost of separate cover for each of your pets, just in case it is cheaper to buy several individual pet insurance policies rather than one multi-pet plan.