Wednesday, June 15, 2022

Is Pet Insurance A Scam

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How Long Do I Have To Wait To File A Pumpkin Pet Insurance Claim

PET INSURANCE Review: Cost, Coverage, Best Providers & If YOU Need It…

Pumpkin imposes a standard waiting period after you initially sign up for a policy before your coverage goes into effect. This is common across the industry. And unlike some pet insurance companies, Pumpkin doesnt impose any increased waiting periods for specific types of ailments, such as hip dysplasia.

Once your policy is in effect, you can file a claim as soon as your vet gives you your itemized bill for any covered procedure. You pay the vet upfront and submit a claim for reimbursement from Pumpkin.

Unlike their insurance plan, however, Pumpkins Preventive Care Essentials plan does not have a waiting period. You can file these preventative claims as soon as you sign up for Pumpkin with no waiting periods required. So, it might be a great time to sign up if youve just adopted a pet and need to take them for their initial check up and vaccinations.

Its Easy To Compare Options

Unlike human health insurance, which can be a labyrinth of plans and riders you need a pro to help decode, pet insurance is relatively straightforward. Policies are simple, tiers are easy to compare, and you can get a no-commitment quote from different companies within minutes, making price shopping a breeze.

How Do I Get A Pumpkin Policy

Getting a Pumpkin Pet Insurance policy is super easy. Just head to and click Create My Pets Plan. From there, youll fill out a few basic details about your pet and yourself, and Pumpkin will generate a policy quote. Once youve selected the policy deductible youd like and any optional add-on coverage, you fill out your billing info and youre done.

Pumpkin identifies for you the day your coverage will go into effect after the waiting period has ended. In most states, they offer a limited-time money-back guaranteedetails are available on their FAQ page.

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The Steps Of A Typical Online Pet Scam


Most pet scams begin with a buyer searching online for free / cheap pets for sale or puppies for sale.


Usually, the seller will offer to give the pet for free and then send the pet directly to them at a discounted price. Other points to look for: They almost always say they are only giving the pet away because their child passed away, that they moved for a new job and cannot provide enough attention for the animal due to work hours, or their new house wont allow pets.


Once committed to the sale, paperwork and delivery requesting additional money. The scammer will then say that the airline is requiring a temperature controlled crate, shipping insurance, additional paperwork or shots, etc. Sometimes, they even set up additional email accounts, websites, etc to look like an airline or shipping company. This is all part of the scam!! They will even try to convince you that if you do not send them additional money they will report you for animal abandonment to the authorities.

Search our list of known emails of pet scammers and websites before purchasing your pet.

Examples of a current pet scam emails:

Crunchin Numbers For The Money Pup

Pet Insurance Review

Unfortunately, I wasnt able to find a LendEdu for Pet Insurance, so I was stuck manually inputting The Money Pups information to each insurance companys website.

Heres my first quote:

Wow, a little more than I expected.

Before we start math-ing, lets speed date a few insurance terms:

  • Deductible: How much youll have to pay out of pocket, before the insurance company starts paying.
  • Reimbursement level: listed as a percentage. How much of the total bill an insurance company will pay.
  • Maximum Payout: self explanatory youll be responsible for anything above your plans maximum payout.
  • Premium: how much you pay each month/quarter/whatever your plans terms are.

So in The Money Pups plan above, were looking at $396 a year, minimum.

Now, $396 isnt bad for total coverage. Not bad at all


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You Get To Choose Your Vet

There are no out of network provider headaches when it comes to pet insurance. As long as your vet is licensed, eligible expenses should be covered and theres no need to worry if your vet accepts your plan. Since you pay for the cost out of pocket and then submit a claim to the company for reimbursement, all you need from your vet is a copy of their invoice and for them to fill out a section of the claim form.

Should You Get Pet Insurance

Like property insurance , you wont necessarily save or make money in an average scenario, but in the event of a catastrophe, you may find its worth the investment.

While you may not get the most bang for your buck with a relatively healthy pet, theres no way to predict what illnesses or injuries might occur, and for many pet owners, knowing they have a safety net in place is value enough.

According to data based on average claims from PetFirst holders, the most common dog treatments cost $252.75 on average, while the most common cat treatments cost $266.79.

Pet insurance can help offset routine medical expenses and can be especially helpful for the unknown, said Dr. Jennifer Welser, chief medical officer of BluePearl Veterinary partners in Tampa. Keeping the coverage may give you the freedom to make medical decisions for your beloved pets based on quality of life, not finances.

To get the most benefit from pet insurance, enroll your pet when theyre young for maximum savings.

Talk to your vet to get an idea of your pets potential breed-specific health problems, and ask them which insurance theyd recommend. If you decide to choose catastrophic coverage , spring for the highest deductible you can afford.

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Figo Pet Insurance Reviews

  • insurers
  • Figo Pet Insurance Reviews
  • Figo offers customizable coverage built for millennial pet parents. Pick from one of their three comprehensive plans, then add powerups like Wellness, Veterinary Exam Fee Coverage, or the Extra Care Pack. Theyre the only pet insurance company to offer up to 100% reimbursement, so big vet bills wont break the bank.

    Figo customers have exclusive access to the Figo Pet Cloud app, including features like a 24/7 Virtual Vet and easy mobile claim filing. No pet insurance company covers pre-existing conditions, but Figo is the only one who will help you identify those conditions at the start of your policy. If you dont think youll get value out of pet insurance after your initial review, just cancel within 30 days of signing up to get your money back.

    Also, we had FIGO for our last dog who has since passed. She went to the same vet as our current dog, and we never had an issue with her vet notes lacking detail. The reporting hasn’t changed, but perhaps the management of FIGO has. 0/10, waste of money and waste of time.

    And now, they are not paying things that they had paid a few months ago . It’s super sad and discouraging to pour so much into premiums and deductibles, only to find them constantly finding loopholes to not pay the claims.

    Our Pumpkin Pet Insurance Review

    Cane Corso Pet Insurance – Is It a Scam?

    Pumpkin is a recent entrant to the industry, but its already a strong contender.

    Collaborating with veterinary professionals, the New York-based pet insurance company took a deep dive into pet industry data to determine what types of ailments most pet owners end up having to pay for, how much they typically spend, and how to help them prevent issues through covered preventive care.

    The result was a simplified pet insurance offeringone policy with two standard annual limits to choose from, a high reimbursement rate to put money back in your pocket, and three annual deductible options, so you can tailor this straightforward policy to meet your needs. The graphic above from Pumpkins website provides details on each component.

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    Additional Ways To Save

    • Ask your vet what vaccines you can skip. Some protect against serious disease, but others might not offer protection. For example, ringworm is a mild condition, and its vaccine isnt that effective, Murray says.
    • Guard against parasites. Flea and tick infestations can cause life-threatening anemia. An inexpensive topical flea and tick solution can keep the critters at bay.
    • Spay or neuter your pet. Doing so can prevent health problems, including uterine, ovarian, and testicular cancers. Many local shelters or local SPCAs provide low-cost or no-cost spay or neuter surgeries.

    Whats The Pumpkin Preventive Essentials Add

    Pumpkins wellness plans are a stand-out among pet insurance providers.

    Most pet insurance companies make you pay for preventative care out of pocketeven though these are the most predictable costs youll face and they help keep your pup healthy. Not Pumpkin.

    With Pumpkins optional Preventive Essentials plans, you can get full reimbursement for eligible portions of your pets routine care. This means youll never have to decide whether to take your pup for their annual check-up or whether you should get that pricey heartworm exam.

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    Stacey Johnson Is A Rockstar

    Stacey walked me through all of the questions I had regarding one of my claims. She answered all of my questions and truly talked me off a ledge!! Thank you Stacey and thank you PetPlan! One of the only companies to recognize boxer cardiomyopathy. You are amazing. My family appreciates it!!

    Reply from Petplan Pet Insurance

    I spoke with Joe P. about a my dog’s policy coverage and expediting a Pre-Authorization for upcoming surgery she requires. Joe was friendly, informative, caring and willing to assist in quickly having the Pre-Authorization processed. PetPlan is not the cheapest pet insurance. However, when your pet is covered by them, they are covered. No nonsense claim processing, and fast. There’s no games played trying to not pay out on a claim that the pet is eligible for. You call their customer service reps and they are nice, easy to deal with and if they cannot answer a question, they will get you an answer. I recommend this insurance company and of course, Joe P. to anyone shopping for Pet Insurance.

    What Pet Insurance Covers

    Progressive Pet Insurance Review

    It might be easier to list what it doesnt cover.

    With human insurance, if Im insured and I visit my doctor for an annual checkup, I pay my $20 copay and get on my merry way.

    With pet insurance, even after paying $396 a year, Im still on the hook for:

    • All exam fees
    • Medication
    • Vaccinations
    • I could continue

    What do you mean, this shampoo isnt covered?

    Looking back through my records, the first 6 months of dog ownership cost me $1,300, and approximately zero of that would have been covered by an insurance policy.

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    It Doesnt Cover Everything

    On average, pet owners with insurance still pay around 20%of their pets medical expenses, according to a report by The New York Times. Routine wellness checkups usually arent covered, so youll still pay for those out of pocket. Certain hereditary/genetic conditions may also not be covered be sure to check each policys specifics carefully.

    Ask For The Fine Print

    If you decide to go with pet insurance, here are some key questions to ask before you buy:

  • Is there a coverage restriction on the age of animal?
  • Is there ever a maximum payout?
  • How much do you pay per claim and does that ever increase?
  • What isnt covered ?
  • Does the policy cover vaccines?
  • The key is to make sure to ask for the fine print, Shroff said.

    Do your homework before and find out what is in there, she said. What they show you online is the equivalent of a glossy brochure.

    You should also talk with your vet about the plan before buying, she added.

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    The Coverage Has Limitations

    Many plans also limit the amount you can claim, either annually or over your pets lifetime. If your pet is unfortunate enough to suffer a major medical problem, you could max out your plans limit quickly and find yourself paying the difference. Its then that pet insurance costs seemed worth it.

    If your pet only needs routine vet care, you wont save much. If they insure their pets, owners spend an average of $324 out of pocket on a dog and $264 out of pocket on a cat, according to the zoology and veterinary sciences journal, Animals, compared to $251 for an uninsured dog and $146 for an uninsured cat.

    This is largely because, unsurprisingly, owners with pet insurance take their animals to the vet more often than those who dont have insurance.

    What We Like About This Coverage

    What EVERY Pet Owner Needs | Healthy Paws Pet Insurance Review
    • What distinguishes USAA pet insurance apart from other providers is the generous discounts and special coverage offered to current or former active-duty military members and their families.
    • Another unique feature is USAAs pet dental insurance with up to $1,000 in coverage for dental illnesses per year, and coverage for dental accidents up to the customers policy limit. This includes veterinary costs for extractions, broken, fractured, and chipped teeth, crowns, root canals, and gingivitis.
    • USAA will reimburse the cost of prescribed pet medications for covered illnesses and accidents, including pain relievers, antibiotics, insulin, steroids, allergy medication, anxiety medication, etc.
    • Unlike some insurance providers, USAA has a flexible policy when it comes to pre-existing conditions. If your pet has been without symptoms or treatment for at least a year, the condition is no longer considered pre-existing.

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    What If I Still Want Pet Insurance

    I wont totally blame you. Because while The Money Wizards job is to crunch the numbers and make poker-faced decisions on those numbers, I also share my animals with Lady Money Wizard, who would happily mortgage everything to save her animals, no matter the cost.

    And while I could afford pretty much any animal emergency thrown my way, having to fork over a five figure vet bill could cause some serious relationship strain for me.

    So I can relate to the desire to pass off some responsibility to the insurance company. Ill still self insure for now, but if you do decide to go the insurance route, just promise me youll run the numbers and find out how much the peace of mind is really costing you.

    Progressive Pet Insurance Coverage

    Progressive offers a few pet insurance plans to choose from, and each offers a different degree of coverage.

    BestBenefit Accident and Illness Plan

    • Accidents

    The dog and cat insurance offered by Progressive does not cover the following:

    • Pre-existing conditions
    • Elective and preventive procedures
    • Testing, treatment, and prevention of parasites
    • Non-veterinary expenses, special diets
    • Herbal, holistic, and experimental therapies and medications

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    My First Claim For My Puppy’s Injury

    My first claim for my puppy’s injury was denied because they claimed it was preventative care and I didn’t have the examination add-on to my injury/illness plan. My puppy injured her paw outside and was bleeding all over the kitchen and house floors and it was an urgent care/emergency vet visit. I guess it is better that I find out early that they find bull crap reasons to not reimburse me than for me to pay into the insurance for a year or more and be denied future claims. Save your money and find a better pet insurance company to invest into your pet.

    Joe Was The Most Helpful

    Innovative Pet Insurance Options

    Joe was the most helpful! After months of going back-and-forth with claims I finally got on the phone and got Joe. He immediately took action and helped me figure out what document was missing because the emails that were sent by claims department were not very clear. I sent him the missing document and he is fast tracking my claim currently and hopefully everything will be resolved sooner than later. If you have a chance to get Joe is your customer service rep than youre in the best hands possible. Thank you joe!!

    Reply from Petplan Pet Insurance

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    How Much Does Progressive Pet Insurance Cost

    BestBenefit Accident and Illness Plans

    The Progressive monthly cost for the comprehensive coverage plan is:

    • Average between $35 and $58 per month for dogs
    • Average between $22 and $46 per month for cats

    Accidents Only Plan

    The Accidents Only Progressive insurance cost is:

    • $6 per month for cats
    • $9 per month for dogs

    Wellness Routine Care Plan

    The Wellness Routine Care Plan can be added for an additional premium:

    • EssentialWellness $16 per month
    • Estimated annual benefits: $305
    • BestWellness $26 per month
    • Estimated annual benefits: $535

    Progressive also offers the following discounts:

    • 5% discount applies to BestBenefit plans if you enroll through Progressive instead of PetsBest
    • 5% multiple-pet discount

    The Progressive Pet Insurance deductible ranges between $50 and $1,000.

    Eu Pet Passport Fraud

    Scammers are now transporting pets from Eastern Europe to Western Europe using false/illegal microchips.

    In some cases, although the number of vaccines required are listed, they are finding upon closer inspection of the documents that the batch may be expired or the dates do not match with the actual age of the pet. You can check if a microchip is legitimate on this website:

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    Costco Pet Insurance Ratings:

    Its hard to find separate customer ratings for Costco Pet Insurance, but you can find reviews of Pet Plus Us. This company has earned four out of five stars on ConsumersAdvocate, but when you read the customer reviews, they tend to be very negative. Most customers report that the company is excessive in denying claims and not providing full reimbursement. A few also report poor customer experience when they call in to speak with a representative.

    Pet Plus Us also has an average three star rating on Trustpilot. One customer reported that they paid for additional dental coverage, but it wasnt covered when they went to submit a claim. Two other customers reported that they had a very positive experience and plenty of support from the company. Although, the premiums increase a lot every year according to one report.

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