Costco does not run its own pet insurance. In the US, the program on Costco.com is a member discount on plans from Figo Pet Insurance, and Figo’s policies are underwritten by Independence American Insurance Company. As of September 30, 2026, Costco’s pet insurance page is live and still offers members “an exclusive discount” on Figo plans, with one exception: it states that the Costco Insurance Agency is currently not offering new pet insurance policies in Washington state.
Because the policy itself is a Figo policy, coverage, waiting periods and claims work the same way as buying from Figo directly. The main difference is the member discount. Costco’s Canadian program is separate and is run through a different insurer (Pets Plus Us), so Canadian reviews do not apply to US plans. Real Pet Cost is not an insurance agent and does not sell policies; this review describes published features and prices.
Costco Pet Insurance at a Glance
| Feature | Costco pet insurance (Figo) |
|---|---|
| Who runs it | Figo Pet Insurance; offered through the Costco Insurance Agency to members |
| Underwriter | Independence American Insurance Company |
| Plan type | Accident & illness (Essential $5,000, Preferred $10,000, Ultimate unlimited annual limit) |
| Reimbursement | 70%, 80%, 90% or 100% |
| Annual deductible | Commonly $100, $250, $500 or $750 (options vary by state) |
| Waiting periods | 1 day for accidents; 14 days for illnesses; 6 months for orthopedic conditions, which can be waived with a vet exam in the first 30 days |
| Age limits | From 8 weeks; no upper age limit |
| Exam fees | Not in the base plan; optional “Veterinary Exam Fees” Powerup |
| Wellness add-on | Optional Wellness Powerup (reported at about $7–$38/month) |
| Member discount | Reported as up to 15%; Costco’s page describes it only as “an exclusive discount” |
| Other discounts | 5% multi-pet; military discount reported by reviewers |
Sources: Costco.com, Figo, Costco Connection (July 2022), Forbes Advisor and NerdWallet reviews; checked September 2026. Reviewers disagree slightly on deductible options (NerdWallet lists choices up to $1,500), so confirm the exact menu in your quote.
How Much Does Costco Pet Insurance Cost?
Costco does not publish a price list. Independent reviewers who ran sample quotes in 2026 report these figures, before or after the member discount depending on the study:
| Source (date) | Sample pet and plan | Dogs | Cats |
|---|---|---|---|
| Forbes Advisor (July 2026) | Mixed breed, $250 deductible, 80% reimbursement, unlimited limit | About $79/month | About $25/month |
| MoneyGeek (Sept 2026) | 6-year-old Labrador, 7-year-old Ragdoll | About $55/month | About $29/month |
| NerdWallet (May 2026) | Range of sample quotes, Katy, Texas | $25–$122/month | $12–$35/month |
For comparison, NAPHIA’s industry averages are about $62 a month for dogs and $32 for cats on accident & illness plans. Your price depends on breed, age, ZIP code, deductible, reimbursement rate and annual limit. See our pet insurance cost guide for national tables by age, breed and state.
What’s Covered and Not Covered
Covered (base accident & illness plan)
- Accidents and emergencies, including surgery and hospitalization
- Illnesses, including chronic conditions that are not pre-existing
- Hereditary and congenital conditions
- Cancer treatment (surgery, chemotherapy, radiation)
- Diagnostics, prescription medications and specialist care
- Dental illness and injury
- Holistic and alternative therapies
- Curable pre-existing conditions may be covered if there are no signs or symptoms for 12 months after the last treatment
Not covered or extra
- Pre-existing conditions (other than the curable exception above)
- Routine and preventive care unless you add the Wellness Powerup
- Exam fees for sick visits unless you add the exam-fee Powerup
- Items reviewers list as excluded, such as behavioral therapy, stem cell treatment and prescription food or supplements
An optional “Extra Care” pack, per Forbes Advisor, adds benefits such as lost-pet advertising, boarding during your hospitalization, cremation or burial and vacation cancellation. Coverage is subject to each policy’s terms, exclusions and state availability.
Pros and Cons
Pros
- Member discount on top of Figo’s standard pricing
- Up to 100% reimbursement option, which few insurers offer
- 1-day accident waiting period, among the shortest in the market
- No upper age limit at enrollment
- Unlimited annual limit available
- Possible coverage of curable pre-existing conditions after 12 symptom-free months
- Any licensed vet; claims filed in the Pet Cloud app; free 24/7 live vet access
Cons
- Exam fees and wellness care cost extra
- No direct payment to vets reported: you pay first and get reimbursed
- Not currently offered to new customers in Washington state through Costco
- Mixed customer feedback: Figo’s Trustpilot rating was 3.4 out of 5 from about 2,300 reviews (checked September 30, 2026), with complaints about claim denials and renewal increases
- Orthopedic conditions have a 6-month wait unless waived with a vet exam
How Claims Work
- Take your pet to any licensed vet, including emergency and specialty hospitals.
- Pay the bill at the clinic.
- Upload the itemized invoice and any records through the Figo Pet Cloud app or website.
- Figo reviews the claim; the company says most claims close in about three working days, based on its 2025 claims data.
- Covered amounts, after the deductible and your reimbursement rate, are paid to your bank account.
Processing can take longer if Figo needs medical records to rule out a pre-existing condition, so keeping your pet’s records organized from day one helps.
Who It May Suit and Who Might Look Elsewhere
May suit owners who
- Already have a Costco membership and want a discount on an accident & illness plan
- Want the option of 100% reimbursement or an unlimited annual limit
- Have an older pet and need an insurer with no upper enrollment age
- Value a very short accident waiting period
Might look elsewhere if they
- Live in Washington state (new Costco policies not currently offered)
- Want exam fees included in the base plan without an add-on
- Prefer an insurer that can pay the vet directly
- Only want low-cost accident-only coverage (see our accident-only pet insurance guide)
Could pet insurance cover a bill like this?
Accident & illness plans typically reimburse 70–90% of eligible vet costs after the deductible, if the condition is not pre-existing and the waiting period has passed. Premiums for dogs average about $62/month and for cats about $32/month (NAPHIA, 2025).
Coverage is subject to each policy’s terms, exclusions and state availability.How It Compares
| Feature | Costco (Figo) | Spot | Embrace |
|---|---|---|---|
| Underwriter | Independence American Insurance Co. | Independence American or United States Fire Insurance Co. | American Modern Insurance Group insurers |
| Reimbursement options | 70–100% | Up to 90% | 70%, 80%, 90% |
| Deductibles | About $100–$750 | Several options | $200–$1,000 |
| Accident waiting period | 1 day | 14 days | Varies by state |
| Upper enrollment age | None | None | Full coverage under 15; accident-only 15+ |
| Multi-pet discount | 5% | 10% | 10% |
Based on each company’s website, September 2026. Read our Spot pet insurance review and Embrace pet insurance review for details.
Real Vet Bills It Could Help With
An accident & illness policy is designed for the large, unexpected bills. For reference, here is what common situations cost:
- An emergency visit without surgery typically runs $500–$1,500: see emergency vet cost.
- A TPLO knee surgery on a large dog is often around $4,500 per knee: see dog ACL surgery cost.
- A standard dog x-ray study is about $250: see dog x-ray cost.
As a simple illustration: on a $4,500 covered surgery with a $250 deductible and 90% reimbursement, the plan would pay $3,825 and you would pay $675. At the 100% reimbursement option, you would pay only the $250 deductible. Actual payouts depend on what the policy covers and any annual limit.
A policy would reimburse part of such costs after the deductible, provided the condition is covered, not pre-existing and past any waiting period. Whether that is worth the premium for your household is covered in Is pet insurance worth it?
Frequently Asked Questions
Who underwrites Costco pet insurance?
In the US, Costco’s pet insurance program offers plans from Figo Pet Insurance, and Figo’s policies are underwritten by Independence American Insurance Company. Costco markets the plans to members through the Costco Insurance Agency.
Is Costco pet insurance still available in 2026?
Yes. As of September 30, 2026, Costco’s pet insurance page still offers members a discount on Figo plans. The page notes that the Costco Insurance Agency is currently not offering new pet insurance policies in Washington state.
How much is the Costco member discount on pet insurance?
Costco’s own page describes it only as an exclusive discount. Independent reviews, including NerdWallet, report a discount of up to 15% for members. Confirm the exact amount in your quote.
Is Costco pet insurance the same as Figo?
The coverage is the same Figo policy, with the same waiting periods, exclusions and claims process. The difference is the Costco member discount on the premium.
Does Costco pet insurance cover pre-existing conditions?
Generally no. Figo says it may cover pre-existing conditions considered curable if they show no signs or symptoms for 12 months after the last treatment. Chronic pre-existing conditions are excluded.
Is there an age limit for Costco pet insurance?
Pets can enroll from 8 weeks old, and Figo has no upper age limit. Premiums are higher for older pets and usually rise at renewal.
Not veterinary advice. Prices are estimates for budgeting, not quotes. Ask your veterinarian for a written, itemized estimate. If your pet is injured, in pain or acting unwell, contact your vet or an emergency animal hospital right away.
