How Pet Insurance Works

What is pet insurance?

Furkin pet insurance can help you rebound from an unexpected pet injury or illness by reimbursing you up to 80% of your total eligible veterinary or care expenses after your annual deductible has been paid.

A large number of vet bills are over $1,000

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At Furkin, you'll get reimbursed up to 80% of your total eligible expenses to help you and your finances bounce back.

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You are responsible for paying the co-insurance amount of 20% on all eligible expenses, after which your annual deductible or any remaining balance of your annual deductible is applied.

Dog insurance

Knowing your four-legged friend is covered in the event of an illness or injury can help put a bounce in your step. The cost to insure your dog is determined by their breed, age, and location, plus the deductible level you choose.

Learn more

Cat insurance

Pet insurance for cats provides coverage that’s purrfect for when your feline friend experiences unexpected illnesses or injuries. The cost to insure your cat is determined by their breed, age, and location, plus the deductible level you choose.

Learn more

All dogs and cats must be between 7 weeks and 14 years of age at the time of enrollment to be eligible for a Furkin Pet Insurance policy. Once your pet is enrolled, you can continue to renew their policy for life.

How does pet insurance work?

Visit

You visit the vet and receive treatment for your pet’s accident or illness.

Pay

You pay the vet and file your claim.

Reimbursed

You are reimbursed a portion of your expenses based upon the policy you have.

With Furkin Pet Insurance, you get reimbursed 80% of your eligible expenses for accidents and illnesses. That’s up to $20,000 annually, less your deductible (if applicable).

Will my premiums go up if my dog or cat gets sick?

No. At Furkin, we do not penalize pets who have had to claim more nor do we change your premium due to your pet’s specific medical history at enrollment or renewal.

For example, let’s say you and your neighbour each adopt a 9-month-old Labrador Retriever and enroll both of your pets with Furkin. You both have the same monthly premium since the demographics of your pet are identical. In year one, you have claimed and been reimbursed for $2,500 in medical expenses and your neighbour’s pet has luckily been in good health and not had to submit any medical claims. When you and your neighbour’s policies renew after 12 months, the two premiums may have gone up or down from what you paid in year one (learn about how pet insurance premiums are calculated), but you will both be paying the same new monthly cost for year two since we do not penalize pets that have been “unlucky” and required medical care.

How are premiums determined?

With pet insurance, there are various factors that are used to determine initial premium costs. One factor is where you live, because the cost of veterinary medicine varies greatly across the country.

Another factor in determining premiums is the species and breed of your pet. For example, simply due to their sheer physical size large breed dogs will incur greater medical costs (e.g., medications) than mid-sized or toy dog breeds and cats.

The final determining factor in calculating premiums is the age of your pet when they are first enrolled for coverage. Older pets are more prone to various medical conditions and as such the premiums will rise as they age.

Learn more about how pet insurance premiums are determined.

What does Furkin Pet Insurance cover?

Furkin Pet Insurance provides comprehensive coverage for illnesses (e.g., cancer, diabetes, allergies, etc.), accidents (e.g., hit by a car, broken limb, etc.), and emergencies — the situations you don’t see coming. Coverage includes, but is not limited to, the following professional veterinary services:

Exam Fees & Applicable Taxes
Diagnostics
Imaging - CT scans, MRI and X-Rays
Medical Procedures
Anesthesia and Surgery
Hospitalization
Emergency Care
Prescription Medications
Dental Injuries
Referral and Specialist Fees
Alternative Therapies
Hereditary and Congenital Conditions

You can find a complete list of what’s covered – plus our additional perks worth over $3,000 per year – starting on page 11 of our Sample Policy.

Loving your fur family is easy.

Help protect them with a simple plan with great coverage - plus three deductible and premium options for you to help manage your budget.

Get a Furkin quote