Lemonade Pet Insurance Review 2024

Lemonade pet insurance offers an accident and illness pet insurance plan like you would find at the best pet insurance companies, but you can add to it by purchasing extra coverage for various types of pet expenses, such as vet visit fees or preventative care.

Pet Accident and Illness Insurance

Lemonade pet insurance offers an accident and illness plan, which is the most common type of pet insurance plan and covers the widest range of problems. This includes major illnesses like cancer and common illnesses like ear infections. It also includes injuries such as bite wounds, torn ligaments and broken bones.

Lemonade Pet Insurance Add-Ons

Lemonade pet insurance offers add-ons so you can customize your plan to pay for expenses like vet visit fees, behavioral conditions and dental illness. You can also buy a pet wellness plan for routine care, such as wellness exams and vaccinations.

Lemonade’s Accident and Illness Insurance Covers:

Accident and illness coverage from Lemonade covers a wide range of expenses, such as:

• Accidents such as broken bones, poisonings and sprains.
• Illnesses such as allergies, diabetes, and elbow or hip dysplasia.
• Diagnostics like bloodwork, ultrasounds, urinalysis and X-rays.
• Hospitalizations.
• Injections and prescription medications.
• Labwork.
• MRIs and CT scans.
• Outpatient or emergency care.

Lemonade’s Add-ons Cover:

Behavioral conditions

This add-on covers the cost of therapies and treatments for behavioral conditions, such as destructive behaviors, excessive barking and separation anxiety. The types of treatments include:

• Prescription medications
• Specialized training
• Therapy sessions

This add-on has a $1,000 annual limit. Your deductible and reimbursement level will apply.

Dental illness

This add-on covers the cost of diagnostics, medications, procedures and treatments related to dental illnesses such as gingivitis and periodontal disease. The types of treatments include:

• Crowns
• Dental surgeries
• Extractions
• Root canals

This add-on has a $1,000 annual limit. Your deductible and reimbursement level will apply.

End-of-life and remembrance

This add-on covers the costs for vet-recommended euthanasia, cremation and commemorative items, such as digital photo storage, framed pictures of paw prints and even a tattoo.

This add-on has a $500 limit. Your deductible and reimbursement do not apply.

Physical therapy

This add-on covers the cost for physical therapy (such as acupuncture and hydrotherapy) related to functionality issues due to an accident or illness. This add-on does not cover physical therapy for pre-existing conditions. Alternative medicines and therapies such as aromatherapy and CBD are not covered by this add-on.

Your deductible and reimbursement level will apply to this add-on.

Vet visit fees

This add-on covers your veterinary exam fees related to accidents and illnesses covered by your policy, such as a laceration or ear infection.

Your deductible and reimbursement level will apply to this add-on.

Preventative and Preventative+ Packages

Lemonade offers two preventative care packages for dogs and cats and one plan for puppies and kittens. These plans pay for vet expenses like wellness exams, vaccinations, and other tests and procedures. These add-ons include online access to a live chat with a vet or vet technician, available seven days a week from 6 a.m. to 12 a.m. ET.

Here’s a look at what each plan covers.

Veterinary expense	Preventative Care plan	Preventative Care+ plan	Preventative care for puppies and kittens
Annual wellness exam	1 exam, up to $50 per year	1 exam, up to $50 per year	2 exams, up to $100 per year
Fecal or internal parasite test	1 test, up to $35 per year	1 test, up to $35 per year	2 tests, up to $70 per year
Bloodwork	1 test, up to $65 per year	1 test, up to $65 per year	1 test, up to $65 per year
Vaccines	3 vaccines or boosters, up to $75 per year	3 vaccines or boosters, up to $75 per year	6 vaccines or boosters, up to $150 per year
Heartworm or FeLV test	1 test, up to $40 per year	1 test, up to $40 per year	1 test, up to $40 per year
Flea/tick or heartworm medication	Not covered	Up to $65 per year	Up to $65 per year
Routine dental cleaning	Not covered	Up to $150 per year	Not covered
Spay/neuter procedure	Not covered	Not covered	Up to $120
Microchip	Not covered	Not covered	Up to $40

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Similar to other pet insurance policies, Lemonade doesn’t cover every expense. Some of Lemonade’s coverage exclusions include:

• Any illness or injury that is a result of neglect
• Dental care (unless you purchase an add-on)
• Elective surgeries not resulting from illness or injury
• Pre-existing conditions

Remember, if you choose not to purchase an additional package, you won’t have coverage for things like exam fees or wellness visits.

Compare Lemonade With Other Insurers

1

Paw Protect

Maximum annual coverage

$5,000, $10,000, Unlimited

Reimbursement choices

70%, 80%, 90%

Deductible choices

$100, $250, $500

1

Paw Protect

Compare Plans

Via PetInsurer.com's Secure Website

2

Embrace

Maximum annual coverage

$5,000, $8,000, $10,000, $15,000, Unlimited

Reimbursement choices

70%, 80%, 90%

Deductible choices

$100, $250, $500, $750, $1,000

2

Embrace

Compare Plans

Via PetInsurer.com's Secure Website

3

Spot

Maximum annual coverage

$2,500, $3,000, $4,000, $5,000, $7,000, $10,000, Unlimited

Reimbursement choices

70%, 80%, 90%

Deductible choices

$100, $250, $500, $750, $1,000

3

Spot

Compare Plans

Via PetInsurer.com's Secure Website

Pet insurance coverage doesn’t kick in until after a certain amount of time, known as a waiting period. The waiting period begins on your policy’s start date. Here are Lemonade’s waiting periods:

• Two-day waiting periods for accidents
• 14-day waiting periods for illnesses
• Six-month waiting period for cruciate ligament events

Lemonade’s two-day waiting period for accidents is pretty competitive compared to other pet insurance companies. Some companies, such as Spot and the ASPCA, have a 14-day accident waiting period. A 14-day waiting period for illnesses is standard across the pet insurance industry.

When it comes to extended waiting periods, not all pet insurers have them. If your pet is susceptible to cruciate ligament injuries, Lemonade might not be the best fit because it has a six-month waiting period for this condition.

Maximum Annual Limit Options

Pet insurance companies typically put a coverage cap on the amount they will pay for qualifying expenses in a given year. Lemonade offers several coverage limits to choose from, including:

• $5,000
• $10,000
• $20,000
• $50,000
• $100,000

Deductible Options

Before your coverage starts reimbursing you for pet medical expenses, you must pay a deductible toward vet bills. Lemonade gives you these options:

• $100
• $250
• $500
• $750

Reimbursement Options

Pet insurance policies also come with reimbursement levels. This means that the pet insurer will only cover expenses up to a certain percentage of the total vet bill. With Lemonade, you can choose reimbursement levels of:

• 70%
• 80%
• 90%

Pet insurance from Lemonade costs an average of $38 a month for a dog, according to Forbes Advisor’s analysis of pet insurance costs. This includes $5,000 of annual coverage, a $250 deductible and 80% reimbursement level. The average cost of Lemonade pet insurance is $46 per month for $100,000 of annual coverage, a $250 deductible and 80% reimbursement level.

Examples of Lemonade Pet Insurance Cost by Dog Breed

Dog breed	Average cost per month
Beagle	$34
Bulldog	$45
Dachshund	$26
French bulldog	$55
German shepherd	$38
Golden retriever	$36
Labrador retriever	$38
Mixed breed (large)	$31
Mixed breed (medium)	$24
Mixed breed (small)	$20
Poodle	$31
Rottweiler	$61

Source: Petinsurer.com. Costs are based on $5,000 in annual coverage with a $250 deductible and 80% reimbursement level.

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Lemonade Pet Insurance Price Comparison for Cats

Cat breed	Average cost per month
Abyssinian	$18
Bengal	$17
Bombay	$18
British shorthair	$17
Exotic shorthair	$17
Maine coon	$19
Mixed breed	$15
Persian	$18
Ragdoll	$17
Siamese	$15

Source: Petinsurer.com. Costs are based on $5,000 in annual coverage with a $250 deductible and 80% reimbursement level.

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There are a few ways you can save on your pet insurance with Lemonade, which include:

• 5% discount when you insure multiple pets
• 5% annual discount
• 10% discount for bundling pet insurance with Lemonade home or renters insurance

Company	Company - Logo	Forbes Advisor Rating	Forbes Advisor Rating	Reimbursement Choices	Deductible Choices	Learn More CTA text	Learn more CTA below text	View More
Pets Best		5.0		70%, 80%, 90%	$50, $100, $200, $250, $500, $1,000	Compare Plans	Via PetInsurer.com's Secure Website
Embrace		4.5		70%, 80%, 90%	$100, $250, $500, $750, $1,000	Compare Plans	Via PetInsurer.com's Secure Website
Paw Protect		4.5		70%, 80%, 90%	$100, $250, $500	Compare Plans	Via PetInsurer.com's Secure Website
Fetch		4.0		70%, 80%, 90%	$300, $500, $700	Compare Plans	Via PetInsurer.com's Secure Website
Figo		4.0		70%, 80%, 90%, 100%	$100, $250, $500, $750, $1,000, $1,500	Compare Plans	Via PetInsurer.com's Secure Website
Healthy Paws		4.0		50%, 60%, 70%, 80%, 90%	$100, $250, $500, $750, $1,000	Compare Plans	Via PetInsurer.com's Secure Website
Lemonade		4.0		70%, 80%, 90%	$100, $250, $500, $750	Compare Plans	Via PetInsurer.com's Secure Website
Spot		4.0		70%, 80%, 90%	$100, $250, $500, $750, $1,000	Compare Plans	Via PetInsurer.com's Secure Website

Reimbursement and deductible choices may vary by state.

Pet insurance waiting periods and benefits vary depending on the pet insurance company. For example, Lemonade pet insurance does not cover vet exam fees unless you purchase additional coverage, but Spot pet insurance includes vet exam fees in its coverage. Lemonade has a short two-day accident waiting period compared to other companies, such as Healthy Paws and Spot.

Lemonade Pet insurance vs. Healthy Paws Pet Insurance

Rating and coverage details	Lemonade pet insurance	Healthy Paws pet insurance
Forbes Advisor rating
Accident coverage waiting period	2 days	15 days
Illness coverage waiting period	14 days	15 days
Special waiting periods	6 months for cruciate ligament issues	12 months for hip dysplasia; coverage for hip dysplasia not available for pets age six or older at time of enrollment
Pays for the vet exam fee?	If you purchase the vet visit fees add-on	No
Optional wellness plan available?	Yes	No
24/7 vet helpline available?	No	Yes

Details can vary by state.

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Lemonade Pet Insurance vs. Pets Best Pet Insurance

Rating and coverage details	Lemonade pet insurance	Pets Best pet insurance
Forbes Advisor rating
Accident coverage waiting period	2 days	3 days
Illness coverage waiting period	14 days	14 days
Special waiting periods	6 months for cruciate ligament issues	6 months for cruciate ligaments, 14 days for hip dysplasia
Pays for the vet exam fee?	If you purchase the vet visit fees add-on	Only with Plus and Elite plans
Optional wellness plan available?	Yes	Yes
24/7 vet helpline available?	No	Yes

Details can vary by state.

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Lemonade Pet Insurance vs. Spot Pet Insurance

Rating and coverage details	Lemonade pet insurance	Spot pet insurance
Forbes Advisor rating
Accident coverage waiting period	2 days	14 days
Illness coverage waiting period	14 days	14 days
Special waiting periods	6 months for cruciate ligament issues	None
Pays for the vet exam fee?	If you purchase the vet visit fees add-on	Yes
Optional wellness plan available?	Yes	Yes
24/7 vet helpline available?	No	Yes

Details can vary by state.

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Lemonade Pet Insurance vs. Trupanion Pet Insurance

Rating and coverage details	Lemonade pet insurance	Trupanion pet insurance
Forbes Advisor rating		N/A
Accident coverage waiting period	2 days	5 days
Illness coverage waiting period	14 days	30 days
Special waiting periods	6 months for cruciate ligament issues	None
Pays for the vet exam fee?	If you purchase the vet visit fees add-on	No
Optional wellness plan available?	Yes	No
24/7 vet helpline available?	No	No

Details can vary by state.

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You can cancel Lemonade pet insurance through Lemonade’s app. You’ll get a refund for the remaining portion that you already paid for.

Lemonade insurance launched in 2016 as a fully licensed insurance company that underwrites its own policies. As a newbie to the insurance industry, Lemonade threw out the traditional insurance model and created a structure that shares its profits with numerous charities.

It does so by taking a flat fee after claims and expenses are paid, then donating up to 40% of what’s left over to a charity you choose, through the Lemonade GiveBack program. Examples of charities that have received money through the program include The Trevor Project, American Red Cross and Teach for America.

To find the best pet insurance we used data provided by PetInsurer.com to score each pet insurance company based on the following:

Pet insurance rates (40% of score): We calculated average rates for medium sized mixed breed dogs age 3 months, 2 years, 5 years and 7 years for plans with unlimited coverage, a $250 deductible and a 80% reimbursement level, or the closest options available.

Special waiting period (10% of score): Many pet insurance companies have a special waiting period for problems such as cruciate ligament issues and hip dysplasia. Plans that had no waiting period, a waiting period of fewer than six months or the ability to have the waiting period waived scored higher.

Direct payment to vet (10% of score): Pet insurance companies that have the ability to pay a vet directly earned points.

24/7 vet health line (10% of score): Insurers that provide access to a 24/7 vet health line scored in this category.

Routine wellness plans (10% of score): Insurers that offer optional wellness plans earned points.

Pays veterinary exam fees (10% of score): Not all insurers cover exam fees, even if the fee is for an illness or accident-related visit. Plans that cover the vet exam fee scored in this category.

Euthanasia or end of life expenses (5% of score): Insurers that cover end of life expenses, such as euthanasia, cremation or burial fees, scored in this category.

Multipet discount (5% of score): Many pet insurance companies offer a discount if you insure more than one pet. Insurers that offer a multipet discount earned points.