If you are looking for affordable pet insurance that covers the payment for unforeseen veterinarian expenses, Costco pet insurance is a good idea for you. It offers exclusive discounts on insurance plans to their members and policyholders. They consist of different factors that make them the best for pet parents to get for their pets.
This pet insurance company offers flexible policies, customer support, claim handling, and affordable insurance coverage prices. At lower rates, pet owners can easily purchase pet insurance and enjoy different benefits and discounts. If you are a member of Costco pet insurance through Figo, you stand a chance to get different benefits, flexible rates, and prices. Before purchasing coverage, you need to read through this write-up to understand its pet insurance policies, coverages, and how it works.
Costco Pet Insurance Plans and Coverage
Costco offers pet insurance through Figo, which provides illness and accident plans for their pet. These plans are very common among different pet insurance companies. Unlike accident-only insurance plans, they cover various events. It does not offer an accident-only insurance plan.
What Does Costco Pet Insurance Cover?
As previously stated, Costco pet insurance covers a wide range of events. This means that, unlike other pet insurance plans, this insurer covers a wide range of pet medical issues. Some of thiscoverage includes
- Dental illnesses and injuries.
- Hereditary and congenital conditions.
- Imaging.
- Prescription medications.
- Surgeries.
- Chronic conditions.
- Emergencies and hospitalizations.
- Hip dysplasia.
- Knee conditions.
- Prosthetics and orthopedics.
- Veterinary specialists.
Aside from these, this pet insurance offers a large range of different additional coverages through Fogo. These additional coverages are added to your insurance plan,, and just as it is named, it offers your pet a wider range of coverage. Its additional coverage includes wellness power-up, veterinary exam fees, and extra care pack additional coverage.
What Does Costco Pet Insurance Not Cover?
- Neutering.
- Cosmetic surgeries.
- Pre-existing conditions.
- Experimental methods.
- Cloning procedures.
- Breeding, pregnancy, or childbearing.
These things are not covered under this pet insurance.
Waiting Periods
Every pet insurance plan requires pet parents to wait for a specific period before their insurance kicks in. After this waiting period has ended, the insurance plan begins reimbursing for your pet’s vet costs. However, after purchasing this pet insurance, you will go through the following waiting periods.
- 14-day waiting period for illnesses.
- Single-day waiting period for accidents.
- The orthopedic case has a six-month waiting period.
While the 14-day waiting period for illnesses is quite standard in the insurance industry, Costco’s single-day waiting period is competitive.
How Much Does It Cost
Costco pet insurance’s average cost is $38 each month. This means that this insurance costs $5,000 yearly. Aside from this, Costco insurance deductibles cost $250 and have a reimbursement level of 80%. However, depending on your pet’s breed and other factors, your pet insurance monthly cost is determined.
How to Save on Costco Pet Insurance
Through Figo, Costco customers can receive discounts on pet coverage. Gold Star and business members receive a 15% discount on pet insurance, waive the $15 enrollment fee, and offer a 15% discount to executive and business executives. However, Figo offers 5% multiple discounts for pet owners insuring more than one pet.
Can I Add Multiple Pets to a Costco Pet Insurance Policy?
It is possible to insure more than one pet on a Costco pet policy. Unfortunately, they can’t all be under one insurance policy;; instead, they would each need to have their own own insurance policy. Costco allows you to customize your coverage levels for each pet and manage more than one policy on one account.
Is Costco Pet Insurance Good for Pets?
Figo is known to be one of the best pet insurance companies to work with; since Costco pet insurance works through Figo, it is good for pets. It provides the best coverage for your pet insurance policy at a price you can afford.
