What is Spot?

The company offers flexible plan options and even discounts if you enroll multiple pets. Aside from this, pet owners don’t have to worry about upper age limits for enrolling their pets for insurance. However, the other side of the coin is that Spot Pet Insurance only covers cats and dogs and that preventive care isn’t automatically included and you’ll need to avail of it as an add-on.

This article is a review of Spot Pet Insurance to provide you with what’s needed to make an informed decision regarding insurance for your pets.

Pros and Cons – Spot

Injuries, accidents, illnesses, as well as emergency treatments, and diagnostics such as MRIs and X-rays are covered by Spot Pet Insurance. Your insurance policy with the company will also cover medications, prescription meals, and behavioral treatments conducted by a veterinarian. Spot Pet Insurance also covers your pet’s hereditary and chronic conditions. The company will also even pay for alternative therapies such as acupuncture if it’s prescribed to treat a covered condition.

Pros

• Discount for multiple pets
• Prescription foods and supplements are covered.
• There is no maximum age limit for enrolling in coverage, and there is a 30-day money-back guarantee*.
• More options for reimbursement: 70% , 80%, and 90%

Cons

The company does not cover any pre-existing conditions, even if these conditions are curable. Aside from this, they also don’t cover any routine care like teeth cleaning or annual physical checkups. But you can get this as a purchased add-on in your preventive care plan.

If you opt for an accident-only plan, only those medical expenses that directly result from an accident are covered. If you want to get coverage for routine care such as annual checkups and teeth cleaning, you need to add a preventive care plan. Another thing to take note of is the annual payout limit starting at $2,500.

• No coverage for exotic pets

Available Plans and Pricing

Costs and Plans

Your Spot Pet Insurance policy pricing will depend on the age and breed of your pet, annual reimbursement limit, reimbursement model, and the deductible you opt for. If you have multiple pets, Spot Insurance gives you a 10% discount for every additional pet you’ll be enrolling.

Insurance Waiting Periods

All insurance policies from Spot Pet Insurance have a waiting period of 2 weeks. After 14 days upon purchase, your insurance policy will take effect. The Spot Pet Insurance 30-day guarantee means that you can receive reimbursement within a month of submitting a claim.

Reimbursement Models and Deductibles

The company has three reimbursement models which they offer: 70%, 80%, and 90%. Pet owners have the option to set their deductible at $100, $250, $500, $750, or $1,000 per year for their insurance package.

Filing Claims and Services

The nice thing about Spot Pet Insurance is that they don’t require approval before visiting a vet or emergency clinic. Instead, they’ve made the process simple and you can easily just submit your claim for reimbursement afterward through the Spot mobile app or their online portals. Customers are given up to 270 days after treatment to submit their claim.

To submit a claim, you just need to submit a photo of your invoice. In certain cases, the company may follow up with you or with your veterinarian to get your pet’s full medical records or any additional details about the treatment. Spot Pet Insurance does not provide details on how long they process a claim. However, you can check the status of your claims through your online account at any time.

Should you need additional help when filing a claim, the company’s customer support team can be reached by phone or email from 8:00 AM to 8:00 PM ET, Monday to Friday.

Advantages and Disadvantages

The company offers customizable insurance packages that cover accidents, illnesses, and injuries. The waiting time is only a short 2 weeks compared to other insurance companies. You also don’t need to get their approval first before taking your pet into a clinic; this is great especially in emergency cases. Spot Pet Insurance will reimburse you for all covered treatments from any licensed veterinarian or clinic within the United States.

The downside with Spot Pet Insurance is that they don’t cover pre-existing conditions and that preventive care treatment is an add-on.

Spot Pet Insurance Vs Market Competitors

Spot Vs Pumpkin

Both Spot and Pumpkin pet insurance companies have crafted their names for their impeccable services and offers.

Spot is definitely a more affordable option and what makes it the best amongst all its competitors is the fact that they offer fully customisable coverage plans to suit your requirements. They associate with only licensed vets to ensure only the best treatments. Moreover, they offer no per-incident or lifetime caps. However, they don’t cover cosmetic procedures and have a 2 week long illness waiting period.

On the other hand, Pumpkin is known best for their accident and illness coverage all across USA and Canada. They have a very simplified plan structure and allow easy and quick claims process. You will also receive vet-recommended preventive care option. Like Spot, Pumpkin has a 2 week waiting period and doesn’t have a mobile app for easy and quicker access.

Spot Vs Trupanion

Which is a better pet insurance service provider? If you are confused whether Spot is a better option than Trupanion or not, then let’s have a look at their differences and analyse.

Spot and Trupanion are both very famous pet insurance service providers, both with an array of differences. For instance, Spot covers pet examination fees when you visit your veterinarian while Trupanion doesn’t cover your pet’s vet examination fees. Also, with Trupanion you will have to meet with the deductible every single time you take your pet for an examination. Whereas with Spot, you will simply need to use their annual deductible option and once you meet the selected yearly amount, you will get back a reimbursement for the pre-set reimbursement rate for the remaining period.

Another interesting difference is that Trupanion has a 30 day waiting period for illness coverage while Spot has just 14 days waiting period for illness and accident. Also, they don’t have any waiting period for other add-on coverage. Spot offers you a 10% multi-pet discount while if you choose Trupanion for multiple pets, then you will have to pay a full premium cost for all the pets based on the policy.

Conclusion

The flexible insurance policies with customizable deductibles, coverage limits,  and reimbursement rates make Spot Pet Insurance a company worth looking at and considering. Pet owners can choose to add preventive care or go for an accident-only package.

Their insurance coverage may not work for all budgets, however, just being able to take your pet to any licensed vet or emergency clinic without much worry for finances definitely makes getting insurance for your pets worth it.