Written by If your household is home to more than one pet, each with their own unique needs and personalities, keeping them happy and healthy is a top priority. Therefore, you may be wondering if it is possible to insure all the pets in your household under one policy?
Multiple pet insurance is designed to provide coverage for all your furry family members under the one insurance policy. Whether you have dogs or cats, this insurance offers cover for multiple pets to ensure each one receives the care they deserve for the lowest cost. In this Savvy guide, we explore the possibilities for insuring multiple pets, helping you make informed choices about how best to finance your pets’ healthcare. Â
Is it possible to get a multi-pet insurance policy in Australia?
Yes, it is possible to get a multi-pet insurance policy. Many insurance providers offer pet insurance policies that allow you to insure more than one animal under a single policy. The specifics of how these policies work, including the number of pets allowed and any associated discounts, varies from one insurance company to another. Â
Some insurers have no maximum limit on the number of pets you can insure together, while others may provide discounts for each additional pet covered. It's a great idea to compare different insurance options to find the one that best suits your needs and offers cost-effective coverage for all your pets.Â
What benefits does a multi-pet insurance policy offer?
The benefits of insuring all your pets under one policy come down to cost and convenience. These are some of the benefits of having all your pets insured with the same provider:Â
Cost savings: Â
One of the primary advantages is cost savings. Insuring multiple pets under a single policy often comes with discounts for each additional pet, often either 5% or 10% of the premium cost for each additional animal you insure on the same policy. This can significantly reduce the overall insurance expenses compared to having separate policies for each pet.Â
Simplified management: Â
Managing insurance for multiple pets can be complicated. With a multi-pet policy, you have a single policy to track, making it easier to stay organised and ensure all your pets are covered.Â
Convenient renewals: Renewing multiple policies individually can be time-consuming. Multi-pet policies typically have a single renewal date, streamlining the process.Â
Coverage options: Â
Multi-pet policies offer the same coverage options as individual policies, including protection for accidents alone, or accidents and illnesses, or comprehensive coverage.
Are there any limitations to the cover I can get on a multi-pet policy?
The only major limitation to multi-pet insurance policies is that many insurers only allow dogs and cats to be included on the same policy. Therefore, if you have a more unusual pet, it may not be possible to include it on the same policy. Â
What types of multi-pet insurance can I get?
There are three basic types of pet insurance available to choose from. As the extent of cover increases, so does the cost of the policy, with accident-only cover being the cheapest pet insurance, and comprehensive cover being the most expensive.Â
Accident-only coverage:
This is the cheapest and simplest pet insurance. It mainly pays for unexpected accidents like car injuries, poisonings, burns, fractures, and bites from snakes or spiders. But it doesn't cover illnesses or regular check-ups.Â
Accident and illness cover:
This type of insurance goes beyond accidents and also includes illnesses. It covers conditions like cancer, stomach problems, and issues with the eyes, ears, and skin. But it usually doesn't pay for routine pet care like check-ups or immunisations.Â
Comprehensive cover:
This is the most expensive option but offers extensive cover for many of your pet’s healthcare needs. It includes accidents, illnesses, and sometimes routine care like immunisation shots, worm and flea treatments, and microchipping.Â
You can also add extra forms of cover onto the policy, like dental plans covering dental treatment and other forms of preventive care.Â
The types of pet insurance
This is the most basic type of pet insurance, covering costs for accidental injuries such as car accidents, poisoning, burns, fractures, snake and spider bites, but not illnesses and other conditions.
This type of insurance provides cover for accidental injuries as well as illnesses like cancer, gastrointestinal problems and eye, ear and skin conditions, but not routine care for your pet.
This offers the highest level of protection cover accident and illness and potentially routine care such as vaccinations, dental care, worm and flea treatments and microchipping.
Why compare pet insurance through Savvy?
Out comparison service is free to use, providing you with a range of pet insurance quotes at no cost.
You'll be able to compare offers online side by side in a matter of minutes before you buy.
We've partnered with a range of pet insurers to give you more choice when selecting a policy.
More of your questions about multi-pet insurance
Most insurers do offer a discount for adding an additional pet under a multi-pet policy, but it's important to compare quotes to find the best deal as the size of the discount varies between 5% and 20%. Discounts vary based on the insurer and the number of pets covered, so comparing and shopping around is advisable.
No, generally pre-existing conditions won't be covered for new additions to a multi-pet policy. Always check with your insurer for specific details on how pre-existing conditions are handled when adding new pets.
Some insurers do offer flexibility in multi-pet policies, allowing you to select different coverage levels or add-ons for each pet. However, other insurers require you to have the same level of cover for all pets under the one policy. For this reason, it’s important to compare pet insurance policies carefully if you have multiple pets to make sure you’re getting the best deal possible.
Yes. Typically, pets should be at least eight weeks old but under nine years old to be included in a multi-pet policy. However, age limits do vary by insurer, so it's essential to check with your chosen provider regarding their specific age requirements.
