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Best pet insurance Australia – December 2023

We researched 60+ policies to help you find the best pet insurance for your furry friend.

Get help finding the best pet insurance

All the pet insurance policies below will cover your pet for accidents and illnesses. They all have an annual limit (how much you can claim back each year) and a benefit percentage (how much of the vet bill it will cover you for, e.g. 90%).

To select our top picks, we used our Finder Awards data and researched 69 pet insurance policies (that's nearly all pet insurance policies available in Australia), looking at features including annual limit, benefit percentage, discounts and excess. Remember, there's no single best pet insurance policy that suits each one of our furry friends, since we all have different budgets and priorities.

Why you can trust our research

69 pet insurance policies analysed

700+ prices gathered

80+ hours of research

Gary Ross Hunter
Expert picks selected by Gary Ross Hunter – insurance and innovations editor at Finder

Top pick for features: Medibank Max Pet Insurance


What we like about Medibank pet insurance:

  • $30,000 annual limit – one of the highest limits on the market.
  • Covers 90% of eligible vet bills. The average is 80%.
  • GapOnly cover lets you claim on the spot and 24/7 VetChat subscription lets you chat to a vet.
  • Up to $2,000 towards dental conditions – most insurers don't offer this.
    • 90% back is higher than average but Coles and PD can cover 100%.
    • There's a 10% discount but it's only available to Medibank and ahm health members.
    • Its other plans are not as comprehensive.

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Top pick for perks: Everyday Comprehensive Plus Pet Insurance


What we like about Everyday pet insurance:

  • 10% off your Woolies shop every single month.
  • Free access to VetAssist with every policy, valued at $199 per year.
  • GapOnly cover lets you claim on the spot, as opposed to pay for the full vet bill and wait to be reimbursed.
  • $30,000 annual limit – one of the largest on the market.
    • 80% back on vet bills. Coles, Medibank and Knose can cover 90% or 100%.
    • The discount is no good if you don't shop at Woolies.
    • No multi-pet discount.

    Go to Everyday Pet Insurance 's website

Top pick for value: Knose Pet Insurance

Knose pet insuance

Finder Pet Insurance Award Winner

What we like about Knose:

  • It won 2 Finder Awards for best comprehensive policy and best value policy. Knose covers 90% of eligible vet bills and you can claim up to $25,000 per year. The majority of insurers in Australia don't do this – most cover 80% of vet bills and let you claim around $15,000 a year.
  • Finder currently has an exclusive offer that lets you get 10% off your first year. (Sign up using the promo code FINDER10. T&Cs apply.)
  • There are also no sub-limits on specific conditions. For example, some insurers only let you claim up to $1,500 for certain conditions such as paralysis ticks. Knose doesn't do this.
    • There are a small number of policies that cover 100% of vet bills. There are also some that let you claim more in a year (such as PIA and Trupanion).
    • It doesn't do GapOnly payments. You need to pay the full vet bill and wait to be reimbursed.
    • It's no good for pets aged over 9. They aren't eligible.

    Go to Knose Pet Insurance's website

Top pick for price: Budget Direct Pet Insurance

Budget Direct

What we like about Budget Direct:

  • It's typically cheaper than every other pet insurer whether you own a cat or a dog.
  • It covers vet bills for accidents and illnesses and you can take your pet to your preffered vet.
    • It's a pretty basic policy. You can claim up to $12,000 a year towards vet bills. That's below the average of $15,000.
    • It comes with sub-limits on specific conditions (e.g a $1,200 cap on snake attacks). Lots of insurers don't do do sub-limits now.
    • It doesn't cover routine or preventative care.

    Go to Budget Direct Pet Insurance's website

Highly commended: Petsy Pet Insurance

Petsy insurance

What we like about Petsy

  • Petsy was a highly commended brand for value and comprehensiveness in the 2023 Finder Awards. It covers 90% of eligible vet bills and you can claim up to $25,000 per year. The average is 80% and around $15,000 a year.
  • There are no sneaky sub-limits. This means you're covered for up to $25,000 for any accident or illness. This is a really helpful benefit because, as any owner who's had to pay for surgery will tell you, it can be extremely expensive in Australia.
  • It can cover illnesses after you've held a policy for 14 days. The average is between 21 and 30 days.
  • If you're looking for a basic policy, look elsewhere. Providers including Budget Direct, Medibank and Coles are all typically cheaper but don't come with the high limits Petsy offers.
  • It doesn't do GapOnly payments. You need to pay the full vet bill and wait to be reimbursed.
  • Pets 9 and over aren't able to take out a new policy.

Go to Petsy Pet Insurance's website

Top pick for routine care: PIA Major Medical Cover

Pet insurance australia

What we like about PIA Major Medical Cover:

  • It's the only policy out of 60+ policies to automatically covers routine care. It gives you up to $145 a year towards costs such as desexing, microchipping, council registration fees and vaccinations. All other insurers make you pay extra for this or don't include it at all.
  • It has the highest annual limit out of all Australian pet insurers. You can claim up to $30,145 per year towards vet bills if your dog or cat gets sick or injured.
  • You get the first 2 months free. Based on average pet insurance costs, that could work out as a saving of around $160.
    • You can get 80% back on vet bills. Insurers including PD, Coles and Vets Choice all offer up to 100% back.
    • It has some sub-limits, a $3,000 cap on tick paralysis and $1,200 for emergency boarding.
    • The $145 routine care benefit might not be enough for everyone.

Go to Pet Insurance Australia's website

Why compare pet insurance with Finder?

  • You pay the same price as buying directly from the pet insurer.

  • We're not owned by an insurer (unlike other comparison sites).

  • We don't ask for your phone or email.

  • We've reviewed over 35 policies on the market, so you don't have to.

Tips to find the best pet insurance policy

Keep these 3 tips top of mind and it'll be much easier for you to find a good pet insurance policy:

Don't settle for a low annual limit

Pet insurance policies typically let you claim up to $15,000 a year. This may seem like a lot but surgery can exceed $20,000 in some cases. Always check the annual benefit limit before you buy. Everyday ($30,000), Petsy ($25,000) and RSPCA ($20,000) all offer more than average.


Look for a reimbursement rate of 80% or higher

The reimbursement rate, or benefit percentage, is the amount of the vet bill the pet insurer will cover you for. Most comprehensive pet insurance policies will pay 80% of all eligible vet bills. Some, such as Coles (100%), Vets Choice (100%), PD (100%) and Petsy (90%) offer more. A high benefit percentage is best for those who don't want to risk facing big out-of-pocket expenses.


Don't hold off on pet insurance until your pet is older

If they develop any health conditions before you've taken out pet insurance, they will be considered pre-existing conditions by the insurer and you won't usually be covered for any treatment related to that condition. Some insurers won't cover your pet at all once they are 9 or older.

Once you have narrowed down your options, get some quotes from each insurer. This will help you see who offers the best-priced pet insurance policy for you.

Read our pet insurance reviews

If you're still not sure which pet insurer is right for you, you can check out our pet insurance review page which outlines the main pros and cons of each provider. We also have individual pet insurance reviews to help you make a decision.

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Cost of living pressures bite
A Finder survey has found nearly half of Australian pet owners (45%) have cut back spending on their pets to save money. An easy way to save on your pet insurance is to compare deals. There’s a difference of more than $1,000 a year between the cheapest and most expensive policy, according to 2023 Finder Awards research.

Why you can trust Finder's pet insurance experts


We're free

You pay the same as buying directly from the pet insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.
expert advice

We're experts

Our team of pet insurance experts have researched and rated 25+ policies as part of the Finder Awards. We've produced guides on everything from the best policies to jargon-free explainers.

We're independent

Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of pet insurance brands, making it easier for you to find a good deal.

We're here to help

Since 2016, we've helped 110,000+ people find pet insurance by explaining your cover options, simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.

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