Figo vs Trupanion Pet Insurance: Cost, Coverage, Overview

Pets may seem like part of the family, but they are not considered dependents for health insurance purposes. Pet insurance allows you to pay a small monthly charge for significantly cheaper medical bills for your pet.

For accident and illness coverage, Figo offers three pricing options, while Trupanion offers a sliding scale where you can set your own deductible to get the best price and coverage.

If you have a dog or cat at home, read on to learn more about the benefits and differences between Figo and Trupanion, as well as which pet insurance option is right for your budget and your pet’s health.

Here is a full Figo and Trupanion review, their pros and cons, what sets them apart, and why you should go for one.

Figo Overview

Figo is a pet insurance company that was founded in 2015. Deductibles range from $100 to $750, with reimbursement percentages of 70%, 80%, 90%, and even 100% available.

Annual coverage limits range from $5,000 to $10,000, with unlimited coverage options also available.

Trupanion Overview

Trupanion is another pet insurance provider that is innovative in its own right.

While it lacks a social network, it is one of the few insurance companies that provides immediate reimbursement to the vet, which means you don’t have to pay the vets first and claim your money later.

What is Figo pet insurance?

Figo pet insurance protects dogs and cats from accidents and illnesses, helping to cover the costs of emergency visits, hospital stays, veterinary exams and treatments.

This pet insurance is like the health insurance you get for yourself in that you must meet an annual deductible before coverage kicks in, the policy spells out what is covered (and what isn’t), and you pay a monthly fee.

Figo’s pet insurance is unique in that instead of paying a copay at the time of service, you pay the vet’s fee first, then file a claim.

Most pet insurance policies, including Figo’s, do not cover pre-existing conditions if your pet is showing symptoms at the time you purchase a policy.

Figo will make an exception for treatable conditions if your pet has shown no signs in the last 12 months.

There are also waiting periods before your coverage kicks in for some ailments. This means that if you get Figo pet insurance for your dog and he’s diagnosed with a knee condition before the waiting time is up, your plan won’t cover the vet’s exam and treatment.

Figo will not cover breed-specific illnesses, unlike some of our other best pet insurance companies of 2022.

Please read through the sample policies to learn what pet insurance does and does not cover, how and where the policy can be used, and how the claims and reimbursement process works, just as it would with any other type of insurance.

Chronic and hereditary diseases, cancer treatment, diagnoses, surgeries, emergency visits, medications, imaging, prosthetics and orthotics are covered by Figo pet insurance.

What is Trupanion pet insurance?

Trupanion offers pet insurance for dogs and cats that includes coverage for accidents, illnesses, injuries, and medical care ranging from hospitalizations and emergency visits to chronic and breed-specific disorders.

Additionally, Trupanion pet insurance works the same way as health insurance for people in that you pay a monthly premium, meet a deductible before you receive 90 percent coverage, and the policy specifies specific coverages and exclusions. . Trupanion has a lifetime deductible for illness.

This means that you will not have to pay a deductible each year. Instead, each covered condition has a deductible, which you pay only once during the life of the plan. This can help you save money on veterinary treatment in the long run.

Another significant distinction between Trupanion’s pet insurance and health care programs for family members is the absence of a copay. You will pay the vet and bill Trupanion for reimbursement.

On top of that, Trupanion doesn’t cover wellness services like vet visits and immunizations.

Another distinction is that most pet insurance policies do not cover illnesses discovered or diagnosed before coverage begins. A pet insurance policy, like the one offered by Trupanion, provides financial protection against substantial medical costs associated with illnesses and disorders that pets may incur.

Trupanion pays 90% of covered medical conditions, which can save you a lot of money. You can also choose Supplemental and Recovery Coverage to help pay for services like chiropractic and behavioral therapy.

Trupanion also covers up to two months of prescription food, as well as prescription drugs and supplements for specific conditions.

While traveling, they cover your pet as long as it stays within the United States, Canada, Puerto Rico, US Territories and Canada, and US military bases.

How is the coverage of Figo vs Trupanion?

Figo vs. Trupanion: Coverage

The first place to go when evaluating any insurance is your coverage selections. Both Figo and Trupanion cover cats and dogs, but their options are presented in quite different ways.

Essential, Preferred and Ultimate are the three plans that Figo offers. All plans include a wide range of annual veterinary treatments, including emergency care, hospitalization and diagnosis and treatment of chronic, hereditary, congenital and cancer diseases.

Any plan does not cover pre-existing conditions. Dental cleanings, operations not related to a covered illness or accident, breeding and childbirth, and most parasites are also not covered by Figo. Lifetime maximums may apply in addition to annual limits, depending on your plan.

The annual coverage limit is the main distinction between Figo plans. You can choose from annual deductibles ranging from $100 to $750 and rebates ranging from 70% to 100% when you sign up. Your monthly premium expenses will increase as your deductibles and reimbursement levels decrease.

Trupanion is a pet insurance company underwritten by American Pet Insurance Company and Omega General Insurance Company in the United States and Canada, respectively.

This insurer has been in business for decades and allows you to customize your policy and receive a premium that works for you by letting you choose your own level of coverage on a sliding scale of deductibles. Deductibles range from $0 to $1,000 in $5 increments.

Pre-existing conditions are not covered, however, injuries, illnesses and breed-specific conditions are covered. Once you’ve met your deductible, all Trupanion plans cover 90% of qualified costs.

Preventive dental treatment and dental disease are not covered. There is also a long list of other exclusions. There are restrictions on prescription dog foods that have been approved by a veterinarian.

  • Both Figo and Trupanion allow you to purchase riders or coverage.
  • Veterinary Examination Rates for Accident and Illness Visits (Figo)
  • Recovery and Supportive Care with Trupanion

Trupanion is a service that helps pet owners.

Because both organizations provide substantial coverage for new illnesses, price is more likely to be the deciding factor.

How is the registration process for Figo vs Trupanion?

Both Figo and Trupanion offer a simple and fast online registration process. You’ll enter your pet’s information, enroll and pay, then wait for coverage to begin under both circumstances.

Figo’s online registration process is light-hearted and fun. It’s a simple process to manage and understand, and coverages and exclusions were clearly stated during the registration process.

Accidental accidents have a one-day waiting period, illnesses have a 14-day waiting period, and knee problems have a six-month waiting period once it starts.

The web experience at Trupanion isn’t as up-to-date or welcoming, but all the information is available. Injuries have a five-day waiting period, while illnesses have a 30-day waiting period.

In general, both registration processes were transparent in terms of charges and easy to use. However, Figo’s registration experience was superior to the other.

Figo vs. Trupanion: Filing Claims

The good digital experience that Figo provides begins with the registration procedure and continues with the membership and claims process.

You can use Figo Pet Cloud to upload invoices and submit claims from your computer, smartphone or tablet. You can also file a claim by phone, fax, or email if you don’t want to file online for any reason.

In most circumstances, Figo tries to pay claims within seven to ten days, with a maximum processing time of 30 days when additional paperwork is required.

They process approximately 60% of claims in less than 24 hours at Trupanion. That is quite an achievement.

A significant advantage is that they do not always require you to pay and then be reimbursed. Trupanion collaborates with several veterinarians and pet hospitals to provide a direct line of communication.


Figo vs. Trupanion: Reviews

Trustpilot gives both Figo and Trupanion four stars, although other online review sites, such as Yelp, give them different scores. Here’s a snapshot of how customers rated these pet insurance businesses as of May 5, 2021:

Figo or Trupanion might be a bit taller depending on where you’re looking. Except for a few critical reviews, none had any major issues.

Recent concerns about Figo revolved around a poor experience with claims and huge rate increases as her pets aged. Trupanion’s objections focused on claim denials and rate increases due to pre-existing conditions.

How much does trupanion cost?

Trupanion pet insurance costs $18.87 per month with a $1,000 deductible and $62.22 per month with a $0 deductible for a cat (a year-old male domestic shorthair).

For a one-year-old mixed breed dog weighing between 50 and 90 pounds, Trupanion dog insurance costs $38.93 per month with a $1,000 deductible and $155.34 per month with no deductible.

The cost of a policy is determined by your race, your location, your deductible, and any pre-existing medical conditions you may have.

Trupanion insurance includes a lifetime deductible per condition, which means you only pay for it if your pet is diagnosed with a new covered ailment after you first meet the deductible.

There are no payment limits on pet insurance. For eligible veterinary facilities, Trupanion introduces a vet direct pay option that automatically submits your claim at checkout at the vet, allowing you to pay your 10% amount (after you meet the deductible) and Trupanion pays you directly To veterinary.

How much does Figo cost?

Figo states that his plans cost around $1.50 per day on average. A typical monthly premium for dog insurance is $22.15, while cat insurance costs an average of $23.40 per month (the only business we reviewed where this is the case).

With a maximum annual benefit of $5,000, a 90% reimbursement and a $500 annual deductible, these prices are for a one-year-old mixed-breed female dog weighing between 50-90 pounds and a one-year-old male domestic shorthair cat .

According to Figo, your monthly premium is determined by your pet’s age, breed and location, since veterinary care can be more expensive in some cities and places.

Your policy will cost a bit more if you choose the optional exam fee coverage or extra care package. You’ll enter this information throughout the online pricing procedure to get a quote for your dog or cat’s pet insurance plan.

Your annual benefit ($5,000, $10,000, or unlimited) and annual deductible ($100, $250, $500, or $750) determine the cost of your plan.

This depends on where you live. Figo may charge a one-time administration fee.

The company offers a 30-day money-back guarantee, which is a unique feature of Figo pet insurance prices. If you cancel during this time period without filing a claim, Figo will refund your subscription.

They base refunds on state rules if you cancel after 30 days and/or have filed a claim. Additionally, Pennsylvania residents are not eligible for the 30-day money-back guarantee. Administrative costs are non-refundable in most states, according to Figo.

What is the cost of Figo vs Trupanion?

Figo vs. Trupanion: Costs

One of the most important factors to consider when purchasing insurance for your dog or cat is cost. Compare the costs of your specific dog or cat to get a better idea of ​​what you might pay.

With Figo, the essential plan pays up to $5,000 in benefits per year, the preferred plan pays up to $10,000, and the ultimate plan pays no benefits.

Race, age, region, coverage options and other factors can influence your price.

Comparing as many similar dog insurance policies as possible, Figo ranked first on a monthly basis, with the same 90% reimbursement rate and a $250 deductible.

Trupanion’s coverage is a bit more comprehensive, which for some pet owners may be more important than price. Keep in mind, however, that the price trend for your pet may be different.

Who regulates pet insurance?

The insurance department of each state is usually regulated by evertate pet departments. Does pet insurance cover surgery?

Medically necessary surgeries, including emergency surgeries and some prophylactic procedures, may be covered under pet insurance coverage.

They rarely cover elective or optional operations. And they may deny some surgeries if they link it to a pre-existing condition.

Frequent questions

What are Figo and Trupanion?

There are pet insurance companies like Figo and Trupanion. Pet insurance is a type of medical coverage often offered to owners of pets, including dogs, cats, and other animals. After meeting annual deductibles, pet insurance pays for a large number of accidents or illnesses covered by one monthly payment.

How do Figo and Trupanion work?

Other pet insurance companies, like Figo and Trupanion, work in a similar way. When you sign up, you select a plan that fits your budget and your pet’s requirements. You can take your pet to the vet or pet hospital as needed after any necessary waiting periods. Depending on your insurance plan and claims process, you’ll either pay for the service and file a claim for reimbursement, or you’ll pay a portion of the cost and let the insurer cover the rest. There are waiting periods, pre-existing conditions aren’t covered, and there may be annual or lifetime limits on how much your insurer will pay for your pet’s coverage. As a result, it’s critical to read the fine print when making a purchase.

Who should use Figo or Trupanion?

Many pet owners have the financial means to self-insure their animals. This means that you will have to pay for pet medical expenses as they arise. That’s enough for people who have healthy dogs and a substantial emergency fund. If you’re worried about paying for your pet’s medical treatment if it suffers from a serious injury, illness, or chronic condition, pet insurance may be worth the extra monthly expense for your peace of mind and financial security.

Does Figo offer a wellness plan?

No. A separate wellness plan covering preventive visits, vaccinations, vitamins and dental cleaning is not available through Figo pet insurance.

Does Trupanion offer a wellness plan?

No. Trupanion does not offer a single wellness package that includes preventive visits, vaccinations, supplements, and teeth cleaning.


Both Figo and Trupanion provide comprehensive coverage for your pet. Cost and the level of coverage you need should be your main considerations when determining what is best for your pet.

Trupanion offered more topping alternatives, such as prescription pet food, but was significantly more expensive than Figo because of those advantages.

If you’re just looking for budget and want equivalent coverage, Figo is clearly the best option. Trupanion is worth considering if you want more comprehensive coverage and are willing to pay more for it.


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