Nationwide vs. Embrace Pet Insurance Compared
13 July, 2018
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By:  Lisa Fimberg

If you are looking for a new pet insurance company, there are many companies to consider.  Nationwide Pet Insurance and Embrace are among the best pet insurance companies. Both providers offer more wellness plans than most making them a bit pricier.  While both are solid companies, there are some differences in their coverage and benefit options when compared.

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Nationwide Pet Insurance Overview:

Nationwide is a Fortune 100 company that is financially stable and only recently ventured into the pet insurance marketplace. Nationwide is unique in that it offers expanded coverage beyond just cats and dogs, as well as wellness plans that cover routines like checkups and vaccinations.  If you want truly unlimited coverage, however, it is only offered if you choose the top tier, most expensive plan.  Nationwide is one of the few pet insurance companies that covers all birds and exotics pets.

 

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Embrace Pet Insurance Overview:

Embrace has a very strong customer satisfaction rating and reviews.  Their plans tend to be a little more expensive than most; however, they do cover many conditions and treatments not offered by most pet insurance companies. This includes behavioral therapy and prosthetics. They also offer alternative therapy for an additional fee.  Embrace does not have unlimited coverage (up to $15,000), but does offer a range of annual deductible options.

Nationwides’s coverage includes all of the following:

Medical Conditions Covered:                                                                                

Accidental, Illness, Hereditary, Congenital, Cancer, Chronic, Accidental Dental

Medical Treatments Covered:

Diagnostic Testing, Surgery, Hospitalization, Prescription Medications, Emergency Care, Specialty Care, Alternative Care, Dental Illness

Embrace coverage includes all of the following;

Medical Conditions covered:

Accidental, Illness, Hereditary, Congenital, Cancer, Chronic, Accidental Dental

Medical Treatments Covered:

Diagnostic Testing, Surgery, Hospitalization, Prescription Medications, Emergency Care, Specialty Care, Alternative Care, Behavioral Therapy, Prosthetic and Mobility Aids.

Nationwide coverage details:

Nationwide plans are structured differently than most providers who either don’t offer wellness or offer an add-on for limited wellness coverage.  With Nationwide, you either get the full Wellness benefits via their Whole Pet plan or you only get wellness through their Wellness plans. Wellness is not an add-on with Nationwide which makes their plans more expensive.

Nationwide’s Whole Pet with Wellness plan is one of the most comprehensive pet insurance policies in the market. In addition to the normal accident and illness coverage, it also provides for yearly physical exams, vaccinations, and even flea prevention. While beneficial, it is a little more expensive than most due to its comprehensive coverage.  The Whole Pet with wellness plan even includes hip dysplasia.

Nationwide’s, Major Medical, is more in line cost and coverage-wise with the standard accident and illness plans offered by most companies. Pets under this plan are covered for common medical costs. These may include injuries or illnesses related to accidents, cancer treatments, and hereditary conditions. Chronic conditions covered at no extra cost; however, pet owners with a major medical policy are not reimbursed for wellness visits each year.  You can just purchase its Major Medical plan without the wellness or purchase the wellness plan separately.

With this plan, each potential illness/accident has a listed maximum payout. So you receive set benefits up to the maximum for each potential incident. This can be limiting if your pet is very sick or injured.

The Pet Wellness Plan includes wellness exams and test, wellness exams & tests, flea/heartworm prevention, microchipping and vaccinations.  When purchasing on its own, the plan is relatively inexpensive.

Hereditary and congenital conditions are covered under their more expensive Whole Pet with Wellness plan, and some plans do not cover it at all.

Embrace coverage details:

Embrace offers a standard plan that covers the typical accident and illness conditions. It also covers treatments that most insurers don’t offer including alternative treatments, behavioral therapy, and prosthetics.   Embrace even covers your veterinarian pet exam fee which is unique.

Every Embrace accident and illness policy comes with the same coverage and you can personalize it to fit your budget and your needs.   You can control the annual maximum, deducible and reimbursement.

Embrace offers a Wellness Rewards account that is similar to a flexible spending account. It can give you up to $650 a year in cash rewards that can be used on dental cleanings, nail trimmings, flea prevention, spaying or neutering, and routine visits to the vet.

Embrace also offer three options for Wellness Rewards reimbursement, you can choose the perfect amount for each pet, each year.  For example, you could choose a $250 allowance per policy year up to $650 allowance per policy year for routine expenses.

Embrace offers alternative and holistic veterinarians and are included in your accident and illness policy. Also included are chiropractic care, homeopathy, holistic therapy, hydrotherapy, and even reiki which can be a great option.

Nationwide has limited coverage for hereditary and genetic conditions in their Major Medical plan.. Embrace covers congenital and hereditary conditions with every accident and illness policy as long as they are not pre-existing.

Benefit Limits

Nationwide’s offer unlimited annual benefits only with its top tier Whole Pet plan. Its lower tier plans don’t offer unlimited benefits, but rather, they limit the dollar amount that can be spent on conditions and services based on a benefit schedule.  This can be limiting if your dog or cat has a condition or injury that requires multiple visits to the vet.

Embrace offers an annual maximum that is customizable, although the highest limit is lower than some other companies, and they do not offer unlimited coverage. By allowing their policy holders to customize their options, it can be beneficial in lowering premiums.  This could be a good option for a younger dog or cat.

The lowest limit is $5000 and the highest is $15,000. This refers to the maximum they will pay for all incidents and procedures for the entire year. If your pet requires multiple, serious procedures, or cutting edge treatment, this might be limiting for you dog or cat which is similar to Nationwide.

Deductibles

Nationwide offers just one annual deductible of $250. That makes it simple, but it can also make it more expensive. Without any additional options, you don’t have the choice to lower your premium by picking a higher deductible as you would with other pet insurance providers.  Embrace offers a range of deductible options.

Nationwide’s per-incident deductibles apply to every new claim you file before you’ll be covered. Annual deductibles need to be met just once each 12-month policy term for full coverage to kick in. Nationwide plans have either an annual deductible or no deductible.

Embrace offers a wide range of annual deductible options — $100, $200, $300, $500, up to$1,000 which gives customers even more flexibility in designing a policy that fits their budget.

Embrace policy holders also save with Embrace’s Healthy Pet Deductible program, which decreases the deductible by $50 every year that you don’t submit a claim which is a great benefit.  This can really help especially if you have a younger dog or cat.  Wellness Rewards claims for routine care are handled separately.  As with most policies, the higher the deductible, the lower the monthly premium

Reimbursement

With Nationwide’s top tier plan, you get 90% reimbursement of the actual vet bill.  As mentioned above, you will pay a higher premium because there is no option for choosing a lower reimbursement. Its lower tier plans reimburse based on a benefits schedule, which includes individual payout caps for each condition or service. This could be problematic if your pet is susceptible to certain conditions that have low coverage limits.

Embrace’s policies are among the most customizable to fit your budget. Embrace will cover anywhere from 65% to 90% of your actual vet bill. Choosing a lower reimbursement percentage will lower your monthly premiums

Embrace also offers a lot of flexibility in their Wellness program with three options: $250, 450 or up to $650 allowance per policy year.   It’s a nice and rare addition to have that type of flexibility in a Wellness program.

Pricing

Nationwide Whole Pet with Wellness plan you get one of the best pet insurance plans on the market, but you will pay for the privilege.  Their monthly premiums are a little on the high end as opposed to our other companies.

Whole Pet plans currently start around $60 for dog insurance and $32 for cat insurance. The Major Medical plan currently starts around $34 for dog insurance and $18 for cat insurance.

You can get a 5% discount on all packages if you are already have Nationwide Home or Renters Insurance. They also offer a 5% discount if you insure more than one pet with them.

Embrace’s premiums are in line with other pet insurance providers when insuring a younger pet but can get pricier thereafter.  It does help that due to the wider range of options available, the policy is more customizable, enabling you to keep premiums as low as you need.

The starting monthly premiums for dogs is $13.04 and for cat is $8.98

A 5% discount is available to those with spayed or neutered pets, for those with multiple pets, for those making annual payments, and for members of the military and paying through your bank account i or credit card.

Enrollment and Waiting Periods

Nationwide will enroll pets starting at 6 weeks old. Nationwide has a relatively lower age restriction with older pets at 10 years. However, if the pet is enrolled before age 10, and the policy never lapses, they will be covered for the duration of their lives.

Waiting periods are industry standard at 14 days, although Wellness starts 24 hours after approval.  Their accident and Illness waiting period is 14 days.

Nationwide Policyholders also have access to the vet helpline – a 24/7 hotline offered at no cost that provides guidance on general pet concerns and identifying urgent pet care needs.

Embrace’s waiting periods are pretty much standard when compared to other companies. For accidents and illnesses the waiting period is 14 days. However, in some states the waiting period for accidents is only 48 hours, or two days which is quicker than most.

You can also enroll your pet as young as 6 weeks old and 14 years old is the maximum enrollment age.

There is an additional six month waiting period for dogs for orthopedic conditions, but there is an option to have this reduced to as little as 14 days.

Claims and Service

Nationwide estimates that it will take up to 30 days from receiving all of the necessary information to process your claim, which is slower than many competitors.  If they have all the information right away, the process is faster.  You can track claims in real time and submit them through your phone.

Embrace has some of the best feedback for their customer service. The majority of online reviews are very positive and customers are happy with their quick reimbursement.

Claim forms can also be uploaded through MyEmbrace, their online customer account.  You can check the status of your claim in your MyEmbrace account. Wellness claims usually take 5 business days to process following the receipt of all of the necessary information. Illness and accident claims usually take 10-15 business days to process following the receipt of all of the necessary information.

Embrace also offers unlimited access to this complimentary service called WhiskerDocs which is their 24/7 pet help line providing instant, real-time access to veterinary experts.

Nationwide and Embrace are both excellent pet insurance providers yet each is unique in what they have to offer.  If you are looking to get some other quotes, make sure to take a look at our best pet insurance companies of 2018 to help your search.

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