As a Canadian who is also a pet owner, purchasing pet insurance in Canada is the best way to protect your furry friend.

This is because proper insurance coverage for your pet will help protect you from financial loss anytime your pup gets suddenly sustains an injury or become ill.

In this article, we have put together some of the best and cheapest pet insurance companies in Canada as well as how to find the insurance that fits your needs.

Not only that, we have answered most of the frequently asked questions about pet insurance in Canada.

Without much ado let’s get into details.

You may also like to read about the 5 Best Pet Insurance Companies For Dogs and Cats in 2023.

How Does Pet Insurance in Canada work?

Pet insurance in Canada works like every other health insurance for Canadians in which you pay a fee in installments monthly.

Whereby the insurance company offers a variety of insurance packages with each one having different levels of packages.

Then, whenever your pup gets ill suddenly or injured the insurance will cover part of the maximum percentage or all the bills.

With this, you can ensure that your pet will have access to a good quality of care while also limiting how much you will spend out of your pocket.

However, the premium you pay is usually affected by some factors which are the type of animal, breed, age, gender, and location as well as the amount of coverage.

Remember that just like other insurance policies, pet insurance in Canada does include a waiting period as well.

Continue reading to find out what pet insurance in Canada covers.

Also read about Dog Breeding For Beginners: What You Should Know.

best and cheapest pet insurance companies in Canada

What Does Pet Insurance In Canada Cover?

For Canadians, pet insurance in Canada does vary depending on the company and the type of policy.

However, when it comes to pet insurance it actually covers a wide range of costs and they include:

  • Hospital care
  • Sudden illness
  • Accidents and injuries
  • Surgery
  • Hereditary or breed-specific conditions
  • Diagnostics
  • Medications
  • Various therapies (eg. alternative or behavioral)

Now you know what pet insurance in Canada covers, let’s see what it will cost to get coverage for your pet.

See also, Spirit Airlines Pet Policy For Travelling With Dogs and Cats.

How Much Does Pet Insurance Cost in Canada?

There are some policies that cost as little as $10 a month however, pet insurance in Canada is estimated at $35 to $50 monthly on average.

This might look expensive but considering that the amount for annual vet bills might cost between $200 to $2000.

Sometimes when the cost comes unexpectedly it might even cost you more thus having pet insurance will come in handy.

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Above all when it comes to the cost of pet insurance in a particular state it all depends on your zip code, pet’s breed, age, gender, and insurance coverage.

Now that you know that the cost is not fixed and there are various factors that affect the cost, let’s review some of the best and cheapest pet insurance companies in Canada.

List of Best and Cheapest Pet Insurance Companies In Canada 

There are different types of pet insurance companies that are available in Canada although, their prices vary they still offer the same coverage for pets.

Below are some Canadian pet insurance companies and a short description of what they cover on a minimum-level plan.

1. Trupanion Canada:

This is one of Canada’s leading pet insurers and they have been in Canada since 2000.

They have a very simple plan which has 90% coverage for new injuries and illnesses.

The type of conditions they handle is breed-prone types, unidentified issues like (eg vomiting and change in weight) as well as congenital conditions like heart diseases or cataracts.

One wonderful thing about Trupanion is that they offer a lifetime per condition deductible.

This implies that pet owners will only have to pay a deductible for a chronic ailment once.

So, if you own a certain type of breed or purebred animal this coverage will be a good one for you.

Trupanion provides coverage to pets from 8 weeks to 14 years old.

That said, Trupanion has a deductible plan which ranges from $0 to $1000 which you can select from, and copays of 10%.

In addition, they offer extra coverage known as the “recovery and complementary care” package at a fee to pet owners who desire it.

This package covers alternative treatments like acupuncture, chiropractic treatment, hydrotherapy, naturopathy, and more.

Also read about these 15 Best Exotic Pets That Are Easy To Care For (With Pictures).

2. Petsecure Canada: 

Petsecure is also another good pet insurance company that is one of the oldest in Canada which was founded in 1989.

They offer four levels of insurance for accidents, illness, and dental treatment which range from $1000 to unlimited.

While Trupanion covers 90%, Petsecure covers 80% of your bills including both exam fees and taxes.

Here are the features of what Petsecure insurance plan include:

  • Dental care coverage from $200 to $600 per year
  • No age limits for enrollment
  • 7-10 business days for claims to be paid
  • 10%-15% discount on premium if you have three or more pets insured
  • 14-day waiting period for illnesses; 48 hours for accidents; 6 months for cruciate ligament injuries or intervertebral disc disease, and dental coverage.
  • Coverage of alternative treatments
  • Lost pet advertising
  • Cremation and burial costs

It’s important for you to note that Petsecure does not cover pre-existing conditions and these:

  • Spray or neuters
  • Elective treatment 
  • Pregnancy 
  • Whelping
  • Special Diets

Check out this American Airlines Latest Pet Policy.

3. Pets Plus US:

Pets Plus US offers two different types of plans for both dogs and cats.

The first is a comprehensive plan known as the Accident & Illness Plan that provides $7,500 or $15,000 per year.

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You also get to choose how much they will pay you if it’ll be 70%, 80%, or 90% of the total cost (tax included).

Again, you’ll also choose how much you can pay either 10%, 20%, or 30% in addition to your monthly premium.

The second plan is very useful if you have a pet that doesn’t like staying at a place. This plan is known as the Accident plan.

With this plan, you get $5,000 in coverage per year for medical services that are necessary for treating injuries.

Aside from that, 80% is for reimbursement of vet fees then you pay 20% plus the monthly premium.

Also, there is an annual deductible of $100 only when you make a claim for the year. Again the standard cost for this plan is $22.06 for dogs and $19.73 for cats.

Another option that Pet Plus US provides as an addition to Accidents and Illness coverage is the Flex Care Policy.

Which extends your coverage to cover yearly checkups, vaccinations, flea and tick control, nail care, dental work, and pre-existing conditions.

Finally, they have The Blue Ribbon Benefits which is a selection of products and services, which includes free access to PetHelpFone.

A Pet Poison Helpline, which is a Compassionate Care Line, and $1000 in emergency pet insurance coverage.

Costco Pet Insurance:

If you’re a Costco member, you’re eligible can get a preferred rate on pet insurance with Pets Plus Us.

An executive member gets a 15% discount while a Gold star and Business member gets a 10% discount.

That said, now you know the best pet insurance companies in Canada, let’s learn how to find pet insurance that suits your needs.

Don’t fail to also read about how to get a Letter for Emotional Support Animals.

How To Find A Pet Insurance In Canada That Fits Your Needs

As a pup owner, the first you need to do is to find out what it will cost you in covering your furry friend.

As much as some animals might be healthy throughout their lifetime others will be more prone to developing conditions that require care and treatments.

For such cases, it’s essential you get an insurance policy that can provide enough coverage that’s worth the cost.

It’s important for you to verify upfront the type of medical conditions a plan covers because some pet insurance does not cover pre-existing conditions.

Basically, pet owners should consider the amount of the premium of the pet insurance company.

Because the coverage may not be worth the cost of the premiums paid if the policy’s benefits are not regularly utilized.

Most importantly, when coverage is combined with another policy, such as house insurance or auto insurance, several pet insurance providers in Canada grant a discount.

However, when purchasing insurance, be certain to enquire about these discounts.

If you want to travel with your pet using Jetblue Airline, then you use this Jetblue Pet Policy as a guide.

What is The Purpose Of Purchasing Pet Insurance In Canada?

The purpose of pet insurance is to offer you peace and mind and as well protect you from any financial loss whenever your pup gets suddenly ill or injured.

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With pet insurance you only get to pay a little percentage of the total veterinary bill then the insurance will reimburse you for the other percentage for the coverage of accidents and illnesses.

There are also cases where pet insurance also covers routine care for pets. Wellness exams, dental cleaning, neutering or spaying,

In addition, there are times when pet insurance will occasionally pay for routine treatment as well.

Some pet insurance carriers allow you to add vaccinations, wellness checkups, dental cleanings, neutering or spaying, and other services for an additional fee.

So, having these types of coverage in place is beneficial if you can not afford to pay the full amount for vet bills.

Above all, it’s essential to weigh the monthly expense of the chosen coverage against the potential reward received.

Read this article next: Seizure Alert Service Dogs (Top 10 Breeds With Pictures).

Conclusion 

In Canada, pet owners are not required to have pet insurance. However, the security it provides can provide pet owners peace of mind and become a wise financial investment.

Before choosing pet insurance, it is important you do your research in order to find the right policy for you.

Review coverage quantities, premiums, and exclusions for specific conditions that your pet might have during your search.

Make sure to base your choice on these factors as well as the present and future insurance needs of your pet.

We hope this article provides you with all the information you need in choosing the best plan for you and your furry friend.

Frequently Asked Questions

Which Pet Insurance In Canada Covers Dental?

Trupanion provides optional cover that reimburses up to 90% of animal dental care.
They are a popular Canadian insurer that covers up to $1000 per year on their top plan.

Does Pet Insurance in Canada Cover Neutering?

Basically, most pet insurance plans do not cover neutering or spaying for your animal.
However, there are some insurance plans that will cover the sterilization procedure under a wellness benefit add-on. To see what is covered before enrolling in a plan, it’s important you read the fine print of the insurance and wellness package.

Does Pet Insurance in Canada Cover Vaccinations?

Actually, vaccines fall under routine and preventative care which are generally excluded under a basic pet insurance plan. Although, just like neutering, having a wellness benefit add-on to your policy may cover routine care such as vaccines.

Which Pet Insurance In Canada Covers For Pre-existing Conditions?

Unfortunately, pre-existing conditions are not likely to be covered by pet insurance carriers. In order to ensure excellent coverage in the event of a diagnosis, you must purchase insurance while you are well, just like with health insurance for individuals. This is the same way you purchase insurance for your pup early enough in order to give them better access to affordable care.

References 

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