Top 10 Pet Insurance Companies in Canada (2023)

When considering pet insurance in Canada, it’s important to evaluate the best options available based on coverage, price, and customer satisfaction. Here are the top 10 pet insurance companies to help you make an informed decision:

1. Trupanion

• Best for Comprehensive Coverage
• Trupanion offers customizable plans with no payout limits, ensuring your pet’s medical bills are covered as long as you need them. They have a simple, direct payment process to the vet, which makes claims hassle-free.
• Key Features:
  • Covers 90% of veterinary costs after deductible
  • No annual payout limits
  • Covers accidents, illnesses, surgeries, and hereditary conditions
• Monthly Premium: From $59 for dogs, $32 for cats

2. Petplan

• Best for Older Pets
• Petplan is known for offering coverage without age restrictions, making it ideal for older pets who are often excluded from other policies. They also offer flexible deductibles and reimbursement rates.
• Key Features:
  • No upper age limits for coverage
  • Covers chronic and hereditary conditions
  • Includes alternative therapies like acupuncture
• Monthly Premium: From $40 for dogs, $30 for cats

3. Pets Plus Us

• Best for Multi-Pet Coverage
• Pets Plus Us provides flexible plans and discounts for multi-pet households. Their comprehensive plans include accident and illness coverage, as well as routine care options.
• Key Features:
  • Wellness coverage available as an add-on
  • 24/7 PetHelpFone for emergency advice
  • Accident-only or accident and illness plans
• Monthly Premium: From $36 for dogs, $22 for cats

4. PC Financial Pet Insurance

• Best for Value
• PC Financial offers a variety of plans that cater to budget-conscious pet owners. Their policies cover major accidents and illnesses, with the option to add wellness coverage for routine check-ups.
• Key Features:
  • Affordable monthly premiums
  • Customizable plans based on needs
  • Up to 80% reimbursement for eligible claims
• Monthly Premium: From $29 for dogs, $19 for cats

5. Desjardins Pet Insurance

• Best for Canadian Customers
• Desjardins is a trusted Canadian brand offering pet insurance that covers a wide range of services, including vet visits, surgeries, and medications. Their plans also come with fast claim processing.
• Key Features:
  • Accident and illness coverage
  • Optional wellness plans
  • Up to $5,000 annual coverage limit
• Monthly Premium: From $35 for dogs, $25 for cats

6. Petsecure

• Best for High Coverage Limits
• Petsecure offers one of the highest annual limits in Canada, up to $20,000. They also include preventive care in their plans, such as dental cleaning and routine exams.
• Key Features:
  • Covers both accidents and illnesses
  • Preventive care, such as vaccinations and dental coverage
  • Up to $20,000 in coverage annually
• Monthly Premium: From $47 for dogs, $32 for cats

7. Fetch by The Dodo

• Best for Customizable Plans
• Fetch allows you to tailor your pet insurance policy to your pet’s specific needs. You can adjust your coverage limits, deductibles, and reimbursement rates, offering flexibility for pet owners.
• Key Features:
  • Customizable coverage options
  • Includes exam fees and holistic care
  • Up to 90% reimbursement on eligible claims
• Monthly Premium: From $48 for dogs, $28 for cats

8. CAA Pet Insurance

• Best for Accident-Only Coverage
• CAA Pet Insurance is ideal for pet owners who primarily want accident coverage. Their accident-only plan is affordable and offers coverage for emergency visits, surgeries, and injuries.
• Key Features:
  • Affordable accident-only coverage
  • No annual limits on accident claims
  • Additional illness coverage available
• Monthly Premium: From $20 for dogs, $15 for cats

9. RBC Pet Insurance

• Best for Customer Service
• RBC Pet Insurance offers a wide range of coverage options with excellent customer support, making it a popular choice for first-time pet insurance buyers. Their plans cover vet bills for accidents, illnesses, and some hereditary conditions.
• Key Features:
  • Excellent customer service with 24/7 support
  • Coverage for congenital and hereditary conditions
  • Flexible deductibles and reimbursement options
• Monthly Premium: From $35 for dogs, $24 for cats

10. BCAA Pet Insurance

• Best for No Waiting Period
• BCAA offers a unique no-waiting-period policy for accidents, allowing pet owners to get immediate coverage. This makes them a great choice for those looking for fast protection.
• Key Features:
  • No waiting period for accident claims
  • Covers 80% of vet bills after deductible
  • Coverage for medications, surgeries, and more
• Monthly Premium: From $45 for dogs, $30 for cats

Conclusion: Is Pet Insurance in Canada Worth It?

Pet insurance can be a smart investment, especially if your pet is prone to accidents or hereditary illnesses. However, it’s essential to weigh the costs, coverage options, and potential out-of-pocket expenses to determine if it’s the right choice for your situation. Many Canadians find peace of mind in knowing that their pets are protected against unexpected vet bills.

1. Trupanion
   • Website: Trupanion Canada
2. Petplan
   • Website: Petplan Canada