Best Reviews TopConsumerReviews.com Best Pet Insurance Best Reviews
Best Reviews
      May 23, 2019

Home  >  Pet Insurance  >  Figo Review

Best

Pet Insurance

  1. Embrace
  2. Healthy Paws
  3. Figo
  4. PetPremium
  5. ASPCA
  6. Trupanion
  7. Petplan
  8. Pet Assure
  9. Nationwide
  10. Pet First
  11. 24 Pet Watch

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
The Perfect Handbook for Imperfect Dog Owners Newsletter

Latest Reviews

Cruise Vacations

Fruit Baskets

Hair Removal

Learn to Read Programs

Menopause Relief

Paid Surveys

Pet Meds

Pool Tables

Tax Software

Watches

 

Individual Reviews

Pets Best

Embrace

Healthy Paws

Figo

Pet Premium

ASPCA

Trupanion Pet Insurance

Petplan

Pet Assure

Nationwide

Pet First

24 Pet Watch

 

Related Articles

Can Pet Wellness Plans Replace Pet Insurance?

Should You Adopt a Pet with Special Needs?

Summer Safety Tips for Dogs

The Complete Guide to Adopting Your First Dog

Unusual Pets and How to Care For Them

What You Should Expect From Pet Insurance

What You Should Know Before Buying Pet Insurance

Why Has Pet Insurance Become So Popular?

Why Pet Insurance Is Easier Than You Think

Why Veterinarians Appreciate Pet Insurance

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Figo Review

Best Pet Insurance

To help you find the Best Pet Insurance, TopConsumerReviews.com provides you with an in-depth Figo Review.

To see ALL of our reviews for the Best Pet Insurance, please Click Here

Who has the Best Pet Insurance? Medical care is rarely cheap - and the same goes for our four-legged friends. While pet owners are grateful for advances in technology and medicine that make it possible to keep their "fur kids" healthy, these procedures and prescriptions often come with a hefty price tag.

Without pet insurance, a simple blood test can cost well over $200. Even a standard yearly checkup can set you back by hundreds of dollars. How's your wallet feeling now? Chances are, you would do almost anything to take care of your beloved pet - but you might find yourself having to make difficult choices, especially if your dog or cat experiences a traumatic injury or life-threatening illness.

Continue reading below reviews

Best Reviews

2019

Pet Insurance Reviews

4 stars
Figo

FIGO Visit Site

Cost:

Plans starting at $5.04 for kittens and $9.28 for puppies

Unlimited annual coverage available

100% reimbursement available

One-time admin fee of $9

Figo wants to revolutionize the pet insurance industry. As the creator of the first cloud-based approach to pet policies, they've made it easier than ever to keep your pet healthy and happy - and to submit claims for fast payment.

Figo is the only company in our review that offers plans with 100% reimbursement on qualified claims. Combine that with an unlimited annual coverage plan and your pet could be extremely well-covered in the event of a life-threatening accident or disease. Although some customers reported that claims processing had slowed down in recent months, Figo has been quick to respond, apologize, and reassure policyholders that they've gotten it worked out. The most recent customer comments we found confirmed that: claims are being processed and paid in less than a week.

Some pet insurance companies include reimbursement for veterinary exam fees, and others do not. Figo splits it down the middle: if you'd like that coverage for accident and illness visits, you can opt in for an extra premium each month. On a puppy policy, for example, you'd pay less than $2 per month for that additional coverage.

At the bottom of the main quote page, we also saw that Figo wants you to contact them if you adopted from a shelter or rescue, if you're a veterinary student or staff at a veterinary practice. Why? To give you an additional discount! You'll also save 5% if you pay for a full year of coverage in advance, rather than month-to-month. All plans have a $9 administrative fee for starting the policy.

Figo's premiums are very affordable. Using our own furry friend, a 7-year-old male Boston mix, we'd pay $13.18 for a policy with a limit of $10,000 in annual benefits, reimbursement at 70%, and a deductible of $1000. Veterinary exam fee coverage would be an extra $2.64 per month with that plan. On the higher end, we could cover him with a policy offering unlimited annual benefits, 100% reimbursement, and an annual deductible of $200 for just $52.41/month. That premium is an amazing rate, given that most competitor plans at those levels cost twice as much, if not more. Even adding the veterinary exam fee coverage, we'd still pay less than $65 per month.

Once you've entered your information, Figo makes it very simple to see what you can expect in terms of waiting periods. Just look on the right side of the page. Your pet will need to have been seen by a vet in the last 12 months, because Figo requires you to submit those records to process any claims. But, if your pet hasn't had an exam in the last year, you can still sign up for the policy and take him or her to the vet during the mandatory 14-day waiting period. If knee coverage is important to you, you can waive the 6-month waiting period if your pet has a clear exam within 30 days of your policy start.

We did find one feature disappointing – when it comes to reimbursements, Figo utilizes a "copay then deductible" model. This actually costs you a little more out-of-pocket for each claim than other pet insurance companies who follow a different model.

Unfortunately, if you're looking for routine/wellness coverage, you won't find it at Figo. These plans can typically save you between 10-20% a year on regular pet exams, office visits, and other costs to maintain the health of your pet. We're not sure if Figo has plans to introduce this in the future, but as of this review they don't offer any plan with this option.

Although every pet insurance company receives its share of complaints regarding denied claims due to pre-existing conditions or premium increases, Figo gets fewer of those than their competitors. It was much easier to find happy customers than unsatisfied ones.

Figo has excellent, affordable coverage options, straightforward pricing, and a cloud-based way to manage your pet's health. This "A" rated, BBB accredited company should be on your short list when it comes to your pet's accident and illness pet insurance plan.

Visit Site

Continued from above

Just like their owners, pets can be protected with pet insurance plans that help ease the financial strain of medical care. Pet insurance has become very popular in the last few years, with dozens of companies offering to help you keep your pet healthy for a long time. But, every pet insurance plan is different with respect to deductibles and fees, covered services, and claims processing.

As you decide which pet insurance company is the best fit for you and your pet, keep in mind the following criteria:

  • Cost. What will you pay for your coverage? Is there a deductible, and is it annual or per incident? Will you pay any enrollment fees?
  • Coverage. What services and procedures are covered in the plan you have selected? Does it cover preventative measures like annual checkups? Are there any noteworthy exclusions? Does the company offer a variety of plans to meet your needs?
  • Reputation. Is the pet insurance provider rated by the Better Business Bureau? What do other customers say about their experience? Are claims paid quickly, or do you have to jump through a lot of hoops to file paperwork? Do many claims get denied? Are the company's customer service representatives knowledgeable and friendly?

TopConsumerReviews.com has reviewed and ranked the best Pet Insurance companies available today. We hope this information helps you find the best pet insurance plan for you and your animal companion!

Grumpy Cat's owner confronts the fact that pet life insurance is not designed for the influencer set

Grumpy Cat leaves behind a beloved legacy and a profitable business. Feline celebrity Grumpy Cat, whose real name was Tardar Sauce, died last week due to complications from a urinary-tract infection, ...

Published:  Tue, 21 May 2019 10:30:00 GMT



Does having pet insurance really make financial sense?

The global pet insurance market was valued at $ 3.2 billion in 2017 and is expected to reach $ 7.1 billion by the end of 2023, flourishing at a compound annual growth rate (CAGR) of 14.4% during the ...

Published:  Wed, 22 May 2019 05:30:00 GMT



6 things you need to know about pet insurance

Almost two-thirds of households have pets, and our furry friends mean a lot to us. In a recent CHOICE Consumer Pulse survey, we found that more than half cat and dog owners are prepared to pay up to ...

Published:  Wed, 22 May 2019 00:25:00 GMT



Pet Insurance Company Worried Anti-Vaccination Beliefs Could Be Affecting Pets and Their Health

Anti-vaccination sentiments among humans have made waves, and led the Center for Disease Control to label anti-vaxxers as the top threat to global health. Healthy Paws Pet Insurance is concerned this ...

Published:  Mon, 20 May 2019 15:24:00 GMT



Is pet insurance a good bet?

Having coverage allows you to make decisions about your pet's care based on its well-being, not your wallet. Most dog owners don't have thousands of dollars sitting around to cover surgery or cancer ...

Published:  Fri, 10 May 2019 20:56:00 GMT



Grumpy Cat's owner is facing a major financial loss - there's no insurance for pet influencers

Grumpy Cat leaves behind a beloved legacy and a profitable business. Feline celebrity Grumpy Cat, whose real name was Tardar Sauce, died this week due to complications from a urinary-tract infection, ...

Published:  Tue, 21 May 2019 05:55:00 GMT



Blog: How digital can help the pet insurance sector reach its full potential

Research by the Association of British Insurers has confirmed pet insurance pay-outs hit a record-high of Ā£785m in the UK in 2018. Despite the number of individual claims falling, the size of an ...

Published:  Tue, 21 May 2019 22:05:00 GMT



China venture capital invests in Hong Kong pet insurance startup

SHANGHAI -- China's BitRock Capital led a recent round of fundraising for OneDegree, a Hong Kong-based online pet insurance company, tapping growth opportunities in the region as the territory ...

Published:  Tue, 21 May 2019 12:05:00 GMT



Pet Insurance Helps REALTORSĀ® Keep Fido and Fluffy Happy, Healthy

Americans love their pets. So, it's no surprise that they also embrace advances in veterinary medicine to keep their pets healthy and happy. But medical progress comes at a price, and people are ...

Published:  Fri, 10 May 2019 21:07:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure