Liberty Mutual is an established name in the insurance industry, offering home insurance, life insurance, and car insurance. The company added pet insurance to its list of offerings in 2020.
Business Insider compared Liberty Mutual's pet insurance to the best pet insurance companies and found it to be an above average service with some decent discount opportunities. However, if your pet has preexisting conditions, you may want to look elsewhere.
Liberty Mutual Pet Insurance Pros and Cons
Liberty Mutual Pet Insurance Pros
- 14-day waiting period for knee and ligament conditions
- Relatively low premiums
- Spaying and neutering included with wellness
- Bundling discount up to 20%
Liberty Mutual Pet Insurance Cons
- No coverage for curable preexisting conditions
- Only offers up to $15,000 in annual limits
- Annual premium adjustments factor age into calculations
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A (Excellent)
- Available with all clinics in the US
- It covers curable pre-existing conditions
- Stackable discounts save you up to $20
- All coverages have a 14-day waiting period
- Covers curable pre-existing conditions
- Stackable discounts save you up to 20%
- Choose a deductible of $250, $500, or $1,000
- Policy will not terminate due to pet's old age
Compare Liberty Mutual Pet Insurance
- Offers pet insurance with unlimited coverage
- Offers deductibles of as low as $50 and as high as $1,000 annually
- Company partners with large insurance companies like GEICO
- Rates can be extremely affordable for pets of all breeds
- Coverage is available in all 50 states and Washington, DC
- Alternative and holistic treatments may not be included
- Customer reviews indicate claims processing may take longer
- $12 premiums for basic care
- Add-ons available for other preventative care
- Comprehensive mobile experience for claims and support
- Only available in 37 states and Washington DC
- No 24/7 telehealth line for veterinary advice
Lemonade offers auto, homeowners, renters, pet, and life insurance. It's been around since 2015 and is known for offering some of the lowest rates. Lemonade ranks on J.D. Power's customer satisfaction surveys for renters insurance, however, it doesn't rank for life and homeowners insurance.
Lemonade Pet Insurance- Discounts for bundling policies and having multiple pets
- Starts at $10 a month
- Offers a discount for enrolling in an annual payment plan
- Wellness plans and accident and illness plans available
- Available in all 50 states with comprehensive coverage options
- Coverage available for senior dogs and cats
- Pets have to be at least 8 weeks for coverage
- Does not offer coverage for exotic pets
Spot pet insurance provides comprehensive pet insurance, including an allowance for end-of-life memorials. Some plan upgrades cover dental cleanings and other costly services.
Spot Pet InsuranceLiberty Mutual Pet Insurance Overview
Liberty Mutual is one of the world's largest insurance companies, offering multiple branches of financial protection for consumers. You may know this provider best for its auto, home, and life insurance policies, but Liberty Mutual has also been insuring pets since 2020.
One of Liberty Mutual pet insurance's greatest benefits is its saving opportunities, offering up to 20% off for bundling multiple types of policies, including pet insurance. It also offers a 5% military discount, 5% off for insuring two pets, and 10% off for insuring three or more pets. This is on top of premiums that are already fairly affordable.
Liberty Mutual's coverage is also comprehensive. It offers three tiers of coverage: accident-only, accident, and illness, and accident and illness plus wellness. Its illness coverage includes coverage for alternative treatments, behavioral conditions, and hereditary/congenital conditions. Its wellness plan offers coverage for dietary foods and supplements as well as spaying/neutering.
All of its plans have a 14-day waiting period. While this is relatively long for accident and wellness coverage, it's standard for illness. It's also a very short waiting period for ligament and knee conditions, which usually have a six-month waiting period.
On the other hand, Liberty Mutual's glaring exclusion is its policy toward preexisting conditions. While almost all pet insurance companies do not cover preexisting conditions, some companies will stop considering a condition preexisting when your pet is symptom-free for a set period, usually six months to a year. Liberty Mutual does not cover any preexisting conditions, whether they are curable or not.
It also offers relatively limited options for coverage, offering a maximum of $15,000 in annual limits. While pet insurance companies don't necessarily need to have unlimited coverage, you'll find yourself hitting that limit quickly if your pet is diagnosed with a serious illness like cancer.
Liberty Mutual Pet Insurance Plans and Coverage
Liberty Mutual offers highly customizable pet insurance policies, with the flexibility to use any vet you choose. The company also does not terminate coverage for older dogs, and provides an extremely straightforward sign-up experience with clear, simple guidelines.
As with most insurance companies, Liberty Mutual does not insure preexisting health conditions. However, you can purchase three tiers of pet protection through Liberty Mutual for insurance against future issues:
- Accident-only
- Accident and illness
- Accident, illness, plus wellness
You can further select the amount of coverage that best fits your needs within Liberty Mutual's three insurance plans.
Annual maximum: $5,000, $10,000 or $15,000
Annual deductible: $250, $500 or $1,000
Reimbursement percentage: 70%, 80%, or 90%
Now let's get into the coverage of each Liberty Mutual pet insurance plan.
Liberty Mutual Accident-Only Coverage
As the name implies, this insurance plan only covers unexpected medical bills that may arise from an accident, an attack from another animal, or some other incident of this nature. According to Liberty Mutual, the following expenses are eligible for reimbursement under accident-only coverage:
- Accidental injuries (including to permanent teeth)
- Euthanasia or anesthesia due to an accident
- Cremation and burial expenses due to an accident
- Ingestion of a foreign object (up to two treatments per policy year)
- Accidental death
Liberty Mutual Accident and Illness Coverage
This policy covers all of the eligible expenses above, as well as common illnesses such as:
- Illnesses including cancer, influenza, and kennel cough
- Alternative medicine
- Behavioral therapy
- Hereditary and congenital conditions
Liberty Mutual Accident, Illness, and Wellness Coverage
Liberty Mutual's most comprehensive pet insurance plan includes all of the above coverage, as well as up to $525 in fixed-amount payments up to the following limits for the wellness treatments below:
- Routine physical examination (wellness exam): $50
- Intestinal de-worming and parasite removal: $25
- Routine dental cleaning: $100
- Spaying or neutering: $100
- Flea and tick prevention: $50
- Heartworm test: $25
- Fecal examination: $25
- Prescription medication: $50
- Dietary food and vitamin supplements: $50
- Vitamin boosters and vaccinations: $50
Note that covered prescription medication only covers medicine dispensed with a written prescription from a veterinarian. Additionally, all coverages offer 100% reimbursement up to the annual limit instead of your selected coinsurance level.
Liberty Mutual Pet Insurance Cost
Liberty Mutual pet insurance is highly customizable, with 81 total cost options between annual deductibles, annual maximums, plan options, and reimbursement percentages.
To get a better idea of how much Liberty Mutual pet insurance costs, we'll look at how much a pet owner living in New York City would pay in pet insurance premiums. We chose New York City for our quotes because it is one of the most expensive places to receive vet care, which insurance premiums will reflect. Your premiums will likely be lower than the prices below.
We acquired the following quotes for Liberty Mutual's accident and illness plan with a $500 deductible, 80% reimbursement, and a $10,000 annual limit.
| Breed | 2-year-old (monthly) | 6-year-old (monthly) |
| French Bulldog | $58.04 | $71.10 |
| Labrador Retriever | $52.33 | $63.11 |
| Golden Retriever | $53.65 | $64.95 |
| German Shepherd | $55.16 | $67.06 |
| Standard Poodle | $53.65 | $64.95 |
| Mixed Medium (26-59 lbs) | $48.65 | $57.94 |
In our quotes, springing for the additional wellness option was an additional $26.70, regardless of the dog's breed and age.
Let's go over premiums for a New York City cat covered under Liberty Mutual's accident and illness plan with a $500 deductible, 80% reimbursement, and a $10,000 annual limit.
| Breed | 2-year-old (monthly) | 6-year-old (monthly) |
| Ragdoll | $26 | $31.50 |
| Maine Coon | $26 | $31.50 |
| Devon Rex | $26 | $31.50 |
| Exotic Short-Haired | $26 | $31.50 |
| Persian | $26 | $31.50 |
| Mixed Breed | $25.40 | $30.63 |
In our quotes, Liberty Mutual's plan that includes wellness was a fixed $25.53 more than the accident and illness plan, regardless of the cat's breed and age.
It's also worth noting that pet insurance companies will adjust your premiums annually, accounting for inflation and local pet care costs. Liberty Mutual reserves the right to also factor your pet's age into its annual adjustments. While this isn't an uncommon practice, not all companies adjust rates using your pet's age.
Discounts for Liberty Mutual Insurance Customers
According to Liberty Mutual, you could earn up to a 20% discount for holding multiple policies across the company's offerings.
When filling out your pet insurance questionnaire, you'll be asked if you're an active member of the U.S. military, as well as if you have other Liberty Mutual insurance policies. While the discount is not actively stated, your premium quote will reflect a 5% discount.
You will also receive a 5% discount per premium for insuring two pets through Liberty Mutual, or a 10% discount per premium for insuring three or more pets.
How to Purchase and Manage a Liberty Mutual Pet Insurance Policy
To purchase a Liberty Mutual pet insurance policy, you'll need to obtain a quote on its website. Be prepared to provide your pet's name, species, breed, age, sex, and whether your pet insurance rating methodology.
FAQs
Does Liberty Mutual pet insurance have waiting periods?
Yes, Liberty Mutual pet insurance has a 14-day waiting period for accidents, illnesses, and wellness coverage.
Does Liberty Mutual pet insurance cover preexisting conditions?
No, Liberty Mutual pet insurance does not cover preexisting conditions, whether they're curable or not.
Does Liberty Mutual pet insurance offer discounts?
Yes, Liberty Mutual pet insurance offers up to 20% off for bundling other Liberty Mutual insurance policies, 5% off for insuring two pets, and 10% off for insuring three or more pets.
Can I visit any vet I want if I have Liberty Mutual pet insurance coverage?
Yes, you can visit any veterinarian if you have Liberty Mutual pet insurance coverage, including specialists.
What are Liberty Mutual pet insurance's deductible options?
Liberty Mutual pet insurance offers deductible options of $250, $500, and $1,000.
