Best Pet Insurance in New Mexico

Lemonade ranks highest on our list due to its affordable plans and well-rounded coverage. It also uses the latest AI technology to help users manage their plans and file claims via its website or mobile app. 

• Deductibles: $100, $250, $500
• Reimbursement options: 70%, 80%, 90%
• Maximum coverage limits: $5,000, $10,000, $20,000, $50,000, $100,000

Learn more: Lemonade Pet Insurance review

We ranked Lemonade as the best overall coverage with a score of 96 out of 100. The company stands out for its affordable, customizable plans and unique AI technology, allowing customers to upload claims quickly and easily.

Lemonade offers up to $100,000 in annual coverage in its accident-and-illness plan. You can choose from several wellness add-ons to cover vet visits, physical therapy, dental care, behavioral therapy, and end-of-life services.

Spot provides the most customizable policies of the providers on this list. It offers accident-only and accident-and-illness coverage with seven annual limits, including an unlimited option.

• Deductibles: $100, $250, $500, $750, $1,000
• Reimbursement options: 70%, 80%, 90%
• Maximum coverage limits: $2,500, $3,000, $4,000, $5,000, $7,000, $10,000, unlimited

Learn more: Spot Pet Insurance review

We scored Spot 91 out of 100 for its customizable, affordable coverage options. The company offers two plans (accident-and-illness and accident-only), six annual limits, five annual deductibles, and three reimbursement rates so users can tailor their policy to fit their budget needs.

Although Spot is a newer provider founded in 2019, it’s underwritten by the Crum & Forster Pet Insurance Group, which has more than 16 years of experience in the pet insurance industry. Spot’s base pet insurance plan includes unique coverage for alternative therapies such as acupuncture, chiropractic care, and rehabilitative therapy. Most providers don’t cover preexisting conditions, but Spot will cover them if your pet has been symptom and treatment-free for 180 days.

Embrace offers some of the best pet insurance deductible options and a unique vanishing deductible, which lowers your deductible each year you don’t file a claim. 

• Deductibles: $200, $300, $500, $750, $1,000
• Reimbursement options: 70%, 80%, 90%
• Maximum coverage limits: $5,000, $8,000, $10,000, $15,000, $30,000

Learn more: Embrace Pet Insurance review

Embrace scored 93.5 out of 100 in our review. It offers more deductible options than any provider on this list, with a choice between five ($200, $300, $500, $750, and $1,000). Embrace guarantees coverage for any illness that’s not preexisting. Like Spot, it will cover a curable preexisting condition if your pet has been without symptoms or treatments for 12 months.

Embrace has a comprehensive accident-and-illness policy covering dental illness, physical therapy, and breed-specific genetic conditions. It also covers alternative treatments, such as homeotherapy and acupuncture, plus treatments from a specialist, such as an oncologist or radiologist.

Healthy Paws might be your best option if you want a singular, straightforward plan with unlimited coverage.

• Deductibles: $250 or $500
• Reimbursement options: 70% or 80%
• Maximum coverage limits: Unlimited coverage

Learn more: Healthy Paws Pet Insurance review

We scored Healthy Paws 93.5 out of 100 due to its unlimited coverage, ensuring you never have to worry about running out of coverage for expensive vet bills. Healthy Paws’ costs are slightly higher than competitors, but its plans are more affordable than other unlimited coverage options.

Healthy Paws offers one comprehensive accident-and-illness policy, covering emergency care, specialist care, and alternative treatments. It processes claims quickly and has a simple process: Pet owners must upload a photo of their vet bill on the mobile app or website. Healthy Paws also provides a comparison tool to help customers find the best price, even from a competitor.

Fetch Pet Insurance stands out for its alternative and holistic therapy coverage, including stem cell therapy, acupuncture, and hydrotherapy.

• Deductibles: $250, $300, $400
• Reimbursement options: 70%, 80%, 90%
• Maximum coverage limits: $5,000, $10,000, $15,000

Learn more: Fetch Pet Insurance Review

Scoring a 91.5 out of 100, Fetch Pet Insurance is ideal for pet parents looking for holistic coverage. It covers stem cell therapy, homeotherapy, hydrotherapy, acupuncture, and chiropractic care in its standard accident-and-illness policy. It also covers expenses such as advertising and rewards for lost pets, boarding fees, and vacation cancellation costs.

Fetch offers multiple discounts plus a “Healthy Pet” credit, which gives pet owners 15% off their monthly premium if they go a year without filing a claim. After that, savings increase to 30% for the second year.

Figo made our list for its 100% reimbursement option and impressive Extra Care Pack add-on, which covers unique costs such as vacation cancellation if your pet has an emergency.

• Deductibles: $100, $250, $500, $750
• Reimbursement options: 70%, 80%, 90%, 100%
• Maximum coverage limits: $5,000, $10,000, unlimited

Learn more: Figo Pet Insurance review

Figo scored 93 out of 100 in our ranking. It offers distinctive add-ons to its three standard plans:

• Wellness: This package is offered at a basic and premium level, covering routine care such as vaccinations, spay/neuter surgery, bloodwork, flea/tick/heartworm prevention, and more.
• Veterinary exams: This add-on covers exam fees related to diagnosing your pet with a covered illness or injury and the required treatments. It doesn’t cover exams related to preventive care.
• Extra care pack: This add-on covers the costs of specific circumstances, such as cremation and burial, lost pet advertising and rewards, vacation cancellation if your pet has an emergency, pet theft, boarding fees, and up to $10,000 for damage caused by your pet.

Figo also offers a Pet Cloud app that helps pet parents organize their pet’s appointments and medical records and provides 24/7 access to a licensed veterinarian. The app can connect you to other local pet owners to share photos and coordinate playdates at nearby pet-friendly locations.

Trupanion has many distinctive features, but its direct vet payments stand out the most. It offers unlimited coverage, a 90% reimbursement rate, and flexible deductible options. 

• Deductibles: Customers choose a per-condition deductible between $0 and $1,000 (in $5 increments)
• Reimbursement options: 90%
• Maximum coverage limits: Unlimited coverage

Learn more: Trupanion pet insurance review

Trupanion scored 89.5 out of 100. Unlike many providers, it pays your vet directly at checkout rather than making you file a claim and wait for reimbursement. All you have to do is pay your portion of the bill.

Trupanion offers one comprehensive accident-and-only plan with a 90% reimbursement rate and unlimited coverage. The company handles its deductibles differently than other providers, allowing customers to choose their own deductible from a range between $0 and $1,000 (in $5 increments). The deductible is also per incident rather than per year, meaning that if your labrador suffers from allergies, you’ll only pay one deductible for that condition throughout its entire life.