Compare Pet Insurance Australia

Welcoming a new pet into your home? Here at Mozo, we compare some of Australia’s top pet insurance policies from multiple providers. We also tackle your frequently asked questions and explore all aspects of pet insurance with a range of guides below.

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What is Pet Insurance?

Pet insurance is a health policy designed specifically for cats and dogs. It can help reimburse the cost of vet bills you've already paid so your sick pet can receive the medical treatment they deserve and you can worry a little less about life’s surprises.

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Pet insurance providers we compare

How does pet insurance work?

Just like car or home and contents insurance, pet insurance can help cover the costs of vet bills if your pet gets sick or injured. It does this by reimbursing the eligible costs of veterinary bills you've already paid. 

Once you compare pet insurance policies and have picked your desired level of cover (including any optional extras you might want), you sign up and pay either a monthly or yearly premium.

From there, if your pet needs veterinary care, you'll need to pay for the cost of the treatment up-front and submit a claim for reimbursement from your pet insurance provider later.

Based on recent numbers from several popular providers, you may get back as much as 85% of the total cost of your vert bills (or up to $20,000 per year).

Pet insurance coverage can vary depending on the policy and provider. That's why it's important to compare pet insurance, to ensure you're getting what you want from a policy. For the most accurate understanding of a specific pet insurance policy, it’s essential to read the product disclosure statement (PDS) carefully. This document outlines all the inclusions, exclusions, limits, and excesses that may apply to your policy.

What animals are covered under pet insurance?

The most common policies you'll find in Australia are for dog insurance and cat insurance

Most pet insurance providers usually only provide cover for cats and dogs. So if you have a pet rabbit, hamster, or another animal, you’ll need to check whether your potential provider offers coverage first.

Some pet insurance providers will offer specialised policies for other animals – for example, you might be able to insure your pet rabbit under an ‘exotic pet’ policy. Animals used for business purposes (such as farming, breeding, or guard animals) will require a different dedicated policy than household pet insurance, but some other animals like show, guide, or emotional support animals may receive coverage.

What does pet insurance cover?

What's included in a pet insurance policy often depends on the provider, the policy, and the level of cover. Some common inclusions and optional extras are: 

  • Vet bill costs for accidental injuries or illnesses.
  • Microchipping and desexing.
  • Some routine care (annual checkups, teeth cleaning, vaccinations, etc.).
  • Surgery and hospitalisation.
  • Medication.
  • Third-party liability.
  • Pet boarding and care.

Usually, basic and often cheap pet insurance policies will offer less coverage than more comprehensive ones. As always, check the PDS to determine what is and isn’t covered, as it can vary between policy types and providers.

What doesn’t pet insurance cover?

Generally, most pet insurance policies will not cover the following:

  • Some routine care.
  • Pre-existing conditions.
  • Bilateral conditions.
  • Elective or experimental treatments, medications, and procedures.
  • Some or all dental care.
  • Injury or illness caused by abuse or neglect.
  • Treatment for preventable illnesses.
  • Banned breeds.
  • Psychological conditions.
  • Third-party damage or injury in pets with a history of bad behaviour.
  • Grooming and cosmetic surgery.
  • Training.
  • Pet food or supplements.
  • Organ transplants, artificial limbs, or prosthetics surgery.

How much does pet insurance cost?

Many factors go into determining the cost of pet insurance. These can include the type of pet you own, where you live, your level of cover, any optional extras you add, and your pet’s size, age, and lifestyle. 

Did you know your pet's breed also plays a part in the price of your insurance premium? Mozo's 2021 Pet Insurance Report details the different insurance costs of dog breeds, showing Bullmastiffs as the price leaders and terriers as more affordable dogs to insure. 

Read about cheap pet insurance for more information on pet insurance quote pricing.

How to find the best pet insurance

No one policy will be the best for everyone because so many factors go into deciding both your premium and level of coverage. However, if you’re comparing policies, you can start by checking out some of the best pet insurance award winners, as decided by our research experts, for the 2022 Mozo Experts Choice Pet Insurance Awards.

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Evlin DuBose
Senior Money Writer
Evlin is RG146 certified for Generic Knowledge and has become a leading voice in finance news since joining Mozo two years ago. She is regularly featured in Google's Top Stories alongside major publications like and Yahoo Finance, and seasoned journalists. Despite being in the industry for just two years, she is Mozo's go-to writer for all things RBA and her research has been referenced by the Victorian Government. With a Bachelor of Communications degree from UTS, where she won the Dean's Merit Award and acted as the Director of Student Publications.

Pet insurance FAQs

Is pet insurance worth it?

Like most insurance policies, it can be hard to see their value when everything has gone smoothly.

But if you can foresee a situation where you need to choose between your bank balance or treatment for your furry friend, then you might find it's better to be safe than sorry.

Getting good value pet insurance is about balancing your monthly budget with your level of coverage. A cheap or expensive policy isn’t worth the money if your pet isn’t adequately protected. 

When considering your policy options, read through the relevant product disclosure statements (PDS) to understand the benefits, exclusions, and other conditions and whether the policy is suitable for you and your pet's needs.

How do I compare pet insurance policies?

Before choosing a pet insurance policy, it's vital to read the PDS to fully understand inclusions, exclusions, costs, and other terms and conditions. This way, you'll be better placed to pick the best option for you and your pet. Here are some things to keep in mind:

  • Budget: When selecting a policy, assess your income and budget to determine how much you can afford. This will give you insight into which type of cover you should go for and show you whether a monthly or annual premium will suit you better.
  • Waiting periods: There's usually a set period between your visit to the vet and when you can make a claim. Waiting periods can vary for treatments, so read up on this in the PDS – it could help decide which policy may work best for you.
  • Pre-existing conditions: Disclose any pre-existing conditions to your insurance provider before you take out a new policy. This way, you can confirm whether your pet’s illness is covered. Remember to carefully read the PDS to check whether the provider will also cover your pet's pre-existing condition.
  • Benefit caps: Check the PDS on your pet insurance policy to determine the annual limit on claims.
  • Pet breed: Certain illnesses, health risks, and character traits are more common among particular breeds. This means that depending on your pet's breed, insurance might be more expensive or unavailable to them.
  • Pet age: Most pet insurance providers won't newly cover pets over eight or nine years old, so you'll want to get your furry friend insured while they're young. Some insurance companies will increase your premium as your pet gets older and as they become more of a health risk. So remember to check this before signing up.

Can I cover my pet if they have a pre-existing condition?

Pets with pre-existing conditions can still be covered by pet insurance – but you might find that your coverage isn't extended to any claims relating to said condition. 

One option would be to purchase an accident-only policy, which gives you coverage for accidental injuries not caused by diseases. 

Alternatively, you might choose not to get pet insurance and open a savings account dedicated to emergency pet expenses and vet bills. Just be sure to regularly deposit money into the account or set up an automatic monthly or fortnightly debit (depending on when you get paid), so there's always money there if you need to cover some vet bills.

How do I make a pet insurance claim?

How you claim your pet insurance policy will depend on your insurance company. Nowadays though, most insurance claims are made online. This will usually involve uploading receipts, invoices, vet statements, or other relevant documents online for your insurance provider to assess. Remember that if this is your first claim, you may be required to provide additional documentation, so check with your insurance provider first.

How do I renew my pet insurance policy?

When you sign up for a pet insurance policy, the policy usually renews each year automatically unless you cancel your policy.

Can you get pet insurance for multiple pets at once?

You sure can! If you've got more than one furry friend running around at home, you'll be happy to know that many insurance providers allow cover for multiple pets. You might even score a multi-policy discount with some insurance providers.

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