Cheap pet insurance

Cheap pet insurance does exist! You can protect your dog or cat from as little as $23 a month.

Medibank Pet Insurance

Get 12% off your first year.¹

Promo code 12OFF
Ends 15 May 2023.

  • Over 10 years of experience
  • Choose from 2 cover options
  • Insurance for dogs and cats
  • Choose any licenced vet²
Get quote
¹T&Cs apply. Visit our website for more details.
²Licensed Australian vets only other than yourself.

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What you need to know

  • Our research shows a cheap accident and illness dog insurance policy costs $23/month ($271/year).
  • Cat insurance tends to be cheaper, averaging $16/month.
  • You can often knock more off the price by taking advantage of sign-up deals and discounts.

Cheap pet insurance policies for dogs

To help you find a cheap pet insurance policy, we calculated the average yearly cost of 23 pet insurance policies. Prices are based on 87 quotes using multiple different dog profiles, varying from small young male dogs to large older female dogs. All policies cover accidents and illnesses but the cheaper policies tend to come with lower annual benefits and reimbursement rates.

ProviderAverage Annual Price (Dog)
Medibank$271.33Get quote
Budget Direct Logo$578.77Get quote
Kogan pet insurance$812.63Get quote
Vets Choice pet insurance$650.15Get quote
Everyday Insurance$455.35Get quote
Guardian$679.91Get quote
Picture not describedRSPCA pet insurance$637.11Get quote
Coles pet insurance$416.94More info
Pet insurance Australia$583.99Get quote
Real pet insurance$693.40Get quote
Petbarn pet insurance$537.13More info
Potiki Insurance$598.80More info
Bupa$641.16More info
Bow wow meow pet insurance$798.49More info
Petcover pet insurance$864.54More info
Guide dogs logo$814.00More info
HCF logo$873.74More info
Prime pet insurance$808.98More info
Pounce pet insurance logo$1,335.50More info
pet secure pet insurance$1,345.38More info

Remember these prices won't be the exact same for you. Pet insurance costs differ depending on your pet's breed, age, health and the type of policy you buy. To get a precise quote, you'll need to click "get quote" from one or more of the pet insurers above where you'll be asked a few questions about your pet.

Cheap pet insurance policies for cats

Here's a breakdown of some cheap pet insurance policies for cats. We calculated the average yearly cost of 23 accident and illness pet insurance policies. 78 quotes were collected in October 2022 based on multiple different cat profiles, varying from small young female cats to large older male cats. All policies cover accidents and illnesses but the cheaper policies tend to come with lower annual benefits and reimbursement rates.

ProviderAverage Annual Price (Cat)
Medibank$186.88Get quote
Budget Direct Logo$518.66Get quote
Kogan pet insurance$742.46Get quote
Vets Choice pet insurance$430.92Get quote
Everyday Insurance$310.94Get quote
Guardian$568.70Get quote
Picture not describedRSPCA pet insurance$532.76Get quote
Coles pet insurance$259.87More info
Pet insurance Australia$398.27Get quote
Real pet insurance$579.84Get quote
Petbarn pet insurance$297.23More info
Potiki Insurance$398.19More info
Bupa$447.45More info
Bow wow meow pet insurance$522.42More info
Petcover pet insurance$518.36More info
Guide dogs logo$687.59More info
HCF logo$591.95More info
Prime pet insurance$702.42More info
Pounce pet insurance logo$877.54More info
pet secure pet insurance$887.34More info

Deals and discounts to make your pet insurance cheaper


Want to get 2 months free on your first year's premium?

Verified 5 days ago
Sign up and use our promo code to get 2 months free across your first year of Medibank pet insurance. T&Cs apply. Plus, Medibank and ahm health members save 10% every subsequent year.
Code exclusive

30% off your first month of pet insurance

Verified 5 days ago
Includes a custom pet tag. T&Cs apply.

$100 Pet Routine Care Card

Verified 5 days ago Expires 30 Jun 2023
If you purchase a new policy by 30 June 2023, you receive a $100 card to spend on your pet’s healthcare needs. T&Cs apply.

Save up to 15% when you buy Budget Direct Pet Insurance online

Verified 5 days ago
Get 15% off on your first year’s premium when you buy online.

Get your first month free

Verified 5 days ago
Apply for a PD pet insurance policy online for your dog or cat and get your first month free. T&C’s apply.

Get three months free

Verified 5 days ago
Apply for a PD pet insurance policy online for your puppy or kitten and get three months free. T&C’s apply.

Get 10% off your groceries at Woolworths

Verified 5 days ago
Everyday Insurance customers who scan their Everyday Rewards card can receive 10% off their Woolworths shop once per month. T&Cs apply.
Deal exclusive

Get 10% off your pet insurance premiums

Verified 5 days ago
Get 10% off of the first year. Lower prices for lower risk pets. T&C's apply.

1st month free

Verified 5 days ago
Get one month free for the first year of new policies, applied across the year.

Get free pet insurance for the first 2 months

Verified 5 days ago
Get 2 months' free pet insurance when you sign up for cover with Pet Insurance Australia.

Get 10% of premiums back in the first 12 months

Verified 5 days ago
Receive 10% of premiums you’ve paid in the first 12 months with The Real Reward program.

10% off if you're over 50

Verified 5 days ago
If you're over 50 years old, get 10% off your policy

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.

What does cheap pet insurance cover?

Cheap pet insurance policies usually only cover accidents. If you want cover for illnesses, you'll need to pay a little more. A basic accident-only pet insurance policy usually comes with an annual claim limit of between $3,000 and $12,000 and will typically cover your pet for the following:

  • Injuries from car accidents
  • Burns and electrocution
  • Snake bites
  • Allergic reactions to insect bites, excluding ticks and fleas
  • Injuries such as bite wounds caused by other animals
  • Falls

How to find cheap pet insurance

Follow these 4 quick and easy steps, use the filters at the top of the page and you'll be able to find a cheap pet insurance policy in just a few minutes.


Go for an accident-only policy

Accident-only pet insurance policies are the cheapest type of cover you can get. If you're happy to go without illness cover, narrow your search by selecting accident-only policies from the filters.


Select a higher excess

The higher the excess you choose, the cheaper your premiums will be. Our filters let you choose between a $0 and $500 excess to help lower costs. Just remember that you'll need to pay this excess whenever you make a claim.


Opt for a lower annual limit and reimbursement rate

An annual limit is the maximum amount you can claim per year. The reimbursement rate refers to the percentage of a vet bill the pet insurer will pay. Generally, the lower the annual limit and reimbursement rate, the cheaper your pet insurance policy is likely to cost.


Get multiple quotes

While we can't show you exactly how much you'll pay for a pet insurance policy, there's nothing stopping you from clicking through, answering some questions about your pet and getting a couple of different quotes. If price is your only concern, go with the insurer that gives you the cheapest quote.

➡️ Get quick quotes from leading pet insurers

It's tempting to go for the cheapest accident-only pet insurance policy but it's probably not worth the risk. Most visits to the vet are due to illnesses, so you should consider getting an accident and illness policy. The younger your pet is, the cheaper the policy will be.

What to watch out for when buying cheap pet insurance

Before you go buying the cheapest policy out there, ask yourself these questions:

  • How much can you claim back? Policies will reimburse you a certain percentage of costs, typically from about 60% to 80%. Consider how low you're willing to go just for a cheap policy.
  • What's the excess? The excess is a fee you pay when you make a claim. A higher excess generally results in a lower premium.
  • What are the limits? This is the maximum amount you can claim in a year. Some events will have sub-limits applied.
  • Does it cover illnesses? Accident only cover is cheaper, but you might want to pay a little more and get illnesses covered as well.
  • Can you add routine care cover? If it's available, routine care cover is often a worthwhile inclusion that can save more than it costs.
  • Does it have lifetime cover? Many policies on Finder let you get lifetime cover for your pets. If it is a guaranteed renewal offer, you can continue to renew an existing policy as long as you keep paying your premiums.

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 reviewed over 60 pet insurance policies and produced curated 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.

Frequently asked questions

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8 Responses

    Default Gravatar
    AngelaMay 21, 2017

    I got my cat for free 2 weeks and was advised by previous owner that he had been bitten by a snake. The owner gave the medication for the wound, which I feel isn’t healing the wound. Would I be able to get insurance for pre-existing injury

      Default Gravatar
      LiezlMay 22, 2017

      Hi Angela,

      Thanks for your question.

      Although your pet has a pre-existing condition, it does not mean you can’t get pet insurance. For this, you have to make special arrangements with your insurer. As terms and conditions vary extensively among insurance companies, it would be best to check it with the insurer beforehand.


    Default Gravatar
    GeorgeNovember 4, 2016

    I am about to buy my 6th Labrador from Guide Dogs Australia, age 15 months and in perfect health. My previous dogs suffered from tick bites and one, a ruptured cruciate ligament. As these are common ailments, it seems that all insurers cap their benefits at less than half the cost of actual treatment in order to maximise profits. Is there any pet insurance policy that does not include caps on these ailments and will pay the advertised 80%, or whatever, of the actual cost within the advertised annual limit?

      Avatarfinder Customer Care
      RichardNovember 7, 2016Staff

      Hi George,

      Thanks for getting in touch. It will depend on the policy but most pet insurers offer either yearly benefits or a percentage of total cost benefit.


    Default Gravatar
    NigelJanuary 11, 2016

    Do any insurance companies actually offer a zero waiting period? Seems a bit of a rip off paying for 12 months insurance when your pup isn’t covered for the first 30 days …

      Avatarfinder Customer Care
      RichardJanuary 12, 2016Staff

      Hi Nigel,

      Thanks for your question. We currently only have two pet insurers in our panel and both have waiting periods. Both the Bow Wow Meow and Woolworths Pet Insurance waiting periods are:
      30 days – For Conditions covered under the Illness and tick paralysis sections.
      6 months – For cruciate ligament conditions.

      I hope this was helpful,

    Default Gravatar
    MichaelJune 24, 2015

    Looking for a pet insurance that covers at least half the cost of obedience training/behavior training. Can you please assist.

      Avatarfinder Customer Care
      RichardJune 24, 2015Staff

      Hi Michael,

      Thanks for your question.

      Many pet insurance policies provide some cover for obedience training. The insurers listed below all provide $50 each year for obedience training (seems to be an industry standard):
      Woolworths Pet Insurance
      Real Pet Insurance
      Guardian Pet Insurance
      Medibank Pet Insurance

      Please make sure to read the eligibility criteria, features, and details of the policy, as well as the relevant Product Disclosure Statement of the policy before making a decision and consider whether the product is right for you. If necessary, speak to the insurance brand to verify any details.

      I hope this was helpful,

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