Top 7 Best Pet Insurance in Canada

Pet insurance can help to reduce the financial impact on your wallet when your pet becomes sick or becomes injured. It additionally gives you the peace of mind that your pets will receive adequate veterinary care when they need it.

Owning a pet in Canada can be expensive. Based on a report by the Ontario Veterinary Medical Association in 2022, the yearly cost of owning a canine averages $3,999 per year, while a feline costs around $2,796 annually.

Veterinary care is a huge portion of these costs, and pet insurance can help you offset part of it.

1. Fetch Pet Insurance

Fetch by the Dodo (formerly Petplan) is one of the leading pet insurance providers in North America and offers pet health coverage in Canada and the United States.

It was founded in 2003. In 2020, the insurer partnered with The Dodo, a popular creature media brand.

2. Trupanion Pet Insurance

Trupanion is a pet insurance company that has been around since 2000. It was initially known as Vet insurance in Vancouver.

It covers 90% of eligible expenses after you meet your yearly deductible, and there is no cap or payout limit, which is a unique feature.

Trupanion offers “Vet Direct Pay,” which means your veterinarian is paid directly, and you can stay away from the hassle of submitting paper claims for reimbursement.

3. Petsecure Pet Insurance

Petsecure is one of the best pet insurance companies in Canada. It was founded in 1989.

It offers four levels of insurance with coverage ranging from $1,000 to unlimited. The unlimited plan (Secure 4) likewise includes wellness coverage.

4. Pets Plus Us Pet Insurance

Pet Plus Us offers two main pet insurance plans: Accident and Illness or Accident coverage.

Assuming you are a member of Costco, you might have already seen that the retailer promotes this insurer to its members at a 10-15% preferred rate.

5. OVMA Pet Insurance

OVMA Pet Health Insurance is provided by the Ontario Veterinary Medical Association. They offer three coverage packages: Unlimited, Extended, and Comprehensive.

They cover up to 80% of your veterinary bill in case of accidents or illnesses, including any taxes and exam fees.

6. Furkin Pet Insurance

Launched in 2021, Furkin is a Canadian pet insurance company designed by a team with more than 20 years of combined experience.

Furkin covers up to 80% of medical costs with coverage of up to $20,000 annually, which automatically renews each year.

7. Sonnet Pet Insurance

Sonnet is Canada’s most memorable completely online insurance company. Alongside providing coverage for your pets, they additionally offer home and accident protection.

It covers up to 80% of your pet’s bill in case of illness or accident. Sonnet covers little things like lost pet advertising, boarding, and kennel fees, and that’s only the tip of the iceberg.

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