Best Pet Insurance In Canada For November 2024

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Rating
4.9
Features
Deductible
$300, $500 or $700 age-based annual deductible
Reimbursement Rates
90% reimbursement for accidents and illnesses
Annual max coverage
Three options: $5,000, $10,000, $15,000
Age Limits
Pets must be at least 6 weeks
Policy Highlights
Fetch does not serve Quebec users
  • Injuries, illnesses, dental illnesses
  • Veterinary fees
  • Surgeries and emergency care
  • Cancer treatment
  • Advertising/rewards for lost or stolen pets
With our sponsored partner Fetch
Our detailed review

Fetch Pet Insurance offers a single, comprehensive plan that covers accidents and illnesses with annual coverage limits of $5,000, $10,000, or $15,000. Reimbursement options are 70%, 80%, and 90%, and deductibles vary from $300, $500 or $700*, adjusted based on the pet's age (age-based deductible).
Fetch Pet Insurance includes extensive coverage for various medical needs, including prescription medications, emergency visits, surgeries, and breed-specific issues like hip dysplasia. Fetch also provides unique benefits such as coverage for every tooth and treatment for behavioral issues. The optional wellness add-on enhances coverage, including annual exams, vaccinations, and dental cleanings.
Fetch stands out due to its extensive dental coverage and the inclusion of sick-visit exam fees, which many competitors do not cover. A unique Healthy Pet Credit can reduce premiums by up to 30% for pets with no claims over two years. Compared to other companies like Trupanion, Fetch's maximum annual limit of $15,000 may seem limited, but it provides a balanced option between cost and coverage.

Read our detailed review
  • Complete sick visits are covered
  • Exam fees are included, which saves you around $50-$250 per sick visit
  • Comprehensive dental and behavioural treatments (often excluded by other insurers)
  • Healthy Pet Credit reduces premiums over time by up to 30% for pets with no claims over two years
  • Extensive Dental Coverage for every tooth and related issue, unlike many competitors
  • Breed-specific issues covered
  • No Multi-Pet Discount
  • Annual limit is capped at $15,000
  • No Coverage for Pre-Existing Conditions
  • Not available in New Brunswick and Quebec
Rating
4.9
Features
Deductible
$100 - $300 age-based annual deductible
Reimbursement Rates
70% to 90% (age-based)
Annual max coverage
Unlimited
Age Limits
No mention of a specific age
Policy Highlights
Free Pet Insurance Quote in 30 Seconds
  • No per-incident or lifetime caps
  • Short waiting periods for faster coverage activation
  • Optional wellness coverage available for routine care
  • Low $100 deductible for affordable out-of-pocket costs
  • Multi-pet discounts available
With our partner Spot Pet Insurance
Our detailed review

Spot Pet Insurance offers both Accident & Illness and Accident Only plans with annual coverage limits of $5,000, $10,000, or unlimited. Reimbursement rates range from 70% to 90%, and deductibles from $100 to $300 are adjusted based on the pet's age. The Accident & Illness plan covers vet exam fees, surgeries, diagnostics, and alternative therapies. Spot also offers two wellness plans that can be added to any plan, covering routine and preventive care.
Spot's flexibility in plan options and coverage makes it ideal for pet owners looking for customizable insurance. Compared to other insurers, Spot has shorter waiting periods for coverage activation, making it a more favourable option.

Read our detailed review
  • Customizable Plans to suit different needs
  • Wellness Plan Options: Includes routine and preventive care
  • No Per-Incident or Lifetime Caps: Unlimited annual limit option available
  • High Trustpilot Rating of 4.7, indicating high customer satisfaction
  • Shorter Waiting Periods; faster coverage activation compared to other insurers
  • Multi-Pet Discount
  • No Coverage for Dental Illnesses
  • Age-Based Deductibles
  • Not Available in Quebec
Up to 10% Multi-Pet Discount
Rating
4.7
Features
Deductible
$100 - $700 age-based annual deductible
Reimbursement Rates
Reimbursement level of 70%, 80%, or 90%
Annual max coverage
Annual limit of $15,000
Age Limits
Pet must be at least 7 weeks old to enroll
Policy Highlights
  • Accidents and illnesses
  • Exam fees and taxes
  • Hereditary conditions
  • Multi-pet discount
In agency
Our detailed review

Pets Plus Us Pet Insurance offers two comprehensive plans: Accident & Illness and Accident Only. The Accident & Illness plan provides coverage options of $7,500 or $15,000, while the Accident Only plan offers a coverage limit of $5,000. Pets Plus Us is among the few providers that provide an accident-only plan.
For the Accident & Illness plan, you can choose reimbursement rates of 70%, 80%, or 90% of the veterinary bill, including taxes. The Accident Only plan has a reimbursement rate set at 80%. Deductibles range from $100 to $700 and are age-based, adjusting as your pet grows older. The 4Life Guarantee ensures that your pet’s benefits are renewed continuously throughout their lifetime. Pets Plus Us covers all breeds and breed-associated health conditions, except pre-existing conditions.
Additional benefits include boarding fees, holiday trip cancellations, and lost pet advertising. Pets Plus Us offers a multi-pet discount, making it attractive for households with multiple pets. The coverage for hereditary and congenital conditions and a shorter waiting period for accidents and illnesses sets it apart from many competitors. Notably, Costco Pet Insurance is offered through Pets Plus Us. If you're a Costco member, you can get up to 15% off on your Costco Pet Insurance premiums.

Read our detailed review
  • Unique benefits like 24/7 PetHelpFone and a Compassionate Care Line
  • Up to 15% discount for insuring multiple pets
  • Short Waiting Periods compared to many competitors
  • Coverage for breed-specific hereditary conditions
  • Coverage for boarding fees and trip cancellations due to pet emergencies
  • Accident-Only Plan option
  • Costco members (Costco Pet Insurance) earn between 10% and 15% off
  • BCAA Pet Insurance and CAA Pet Insurance are also offered through Pets Plus Us
  • BCAA and CAA members get up to 13.5% off
  • Does Not Cover Pre-Existing Conditions
  • Age-based deductibles increase as pets age, which can raise costs over time
  • No unlimited coverage option
  • Does not cover wellness or preventive care, unless Flex Care is added
trupanion-logo
Trupanion
Rating
4.7
Features
Deductible
$0 to $1,000 age-based annual deductible
Reimbursement Rates
90% reimbursement for accidents and illnesses
Annual max coverage
None
Age Limits
Can insure eligible pets from birth, but age limit
Policy Highlights
  • Care and intervention
  • Diseases and accidents
  • Advertising/reward for a lost or stolen pet
  • Direct payment by veterinarians at participating veterinary hospitals
In agency
Our detailed review

Trupanion Pet Insurance offers a single, straightforward plan with unlimited annual coverage and a 90% reimbursement rate. Deductibles range from $0 to $1,000 and are per medical condition for the pet's lifetime, which can significantly lower out-of-pocket costs. Coverage includes new and unexpected injuries and illnesses, hereditary and congenital conditions, and advanced treatments like surgeries and hospital stays.
Trupanion's Vet Direct Pay system, which allows for direct payment to veterinarians, sets it apart from competitors like PHI Direct and Sonnet. However, it does not cover wellness care, exam fees, or preventive care.

Read our detailed review
  • Unlimited Coverage as there are no annual or lifetime limits on coverage
  • 90% reimbursement rates
  • Direct Vet Payments
  • Customizable Deductibles: from $0 to $1,000 per condition
  • Coverage for Advanced Treatments including surgeries, hospital stays, and hereditary conditions
  • 24/7 Support offering round-the-clock customer care
  • Advanced Dentistry
  • Routine care and wellness treatments are not included
  • Exam fees are not covered under the policy
  • More expensive than some competitors, like PHI Direct
PHI-logo
PHI Direct
Rating
4.5
Features
Deductible
As low as $200 annually
Reimbursement Rates
80% reimbursement for accidents and illnesses
Annual max coverage
Up to $10,000 in coverage annually
Age Limits
No mention of a specific age
Policy Highlights
  • Illness and accidents
  • Dental care included
  • Behavioural therapy
  • Exams fees
In agency
Our detailed review

PHI Direct Pet Insurance provides a simple plan with annual coverage options of $5,000 or $10,000, an 80% reimbursement rate, and a low deductible of $200. This plan covers a range of treatments, including accidents, illnesses, and emergency care, making it a cost-effective choice for pet owners. It also includes coverage for behavioural therapy, dental fractures, and diagnostics.
PHI Direct is notable for its affordability, with lower premiums than many competitors. According to the 2021 North American Pet Health Insurance Association (NAPHIA) Industry Data Report, PHI Direct's average premiums are approximately 45.8% less for dogs and 37.7% less for cats compared to other insurers. However, it does not cover wellness care or pre-existing conditions, and it is not available in Quebec.

Read our detailed review
  • Premiums are significantly lower than other insurers, making it a budget-friendly option
  • Low Deductible: $200 deductible is lower than many competitors
  • Coverage includes a wide range of treatments and emergency care
  • Covers treatments for behavioural issues
  • Does Not Cover Pre-Existing Conditions
  • Maximum coverage is $10,000 per year
  • Not Available in Quebec
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Pet insurance in Canada is a valuable safety net for pet owners, covering a portion of vet costs when unexpected health issues or accidents happen. With veterinary expenses rising—HelloSafe reports that dog ownership costs have jumped 23.3% since 2021, now averaging $3,020 annually in 2024—pet insurance can make a big difference in managing these costs.

To help you find the best pet insurance in Canada, HelloSafe evaluated 11 top Canadian providers, comparing their coverage options, pros, cons, and more.

This guide covers everything you need to know, from how pet insurance works to what’s covered, as well as tips on finding the cheapest pet insurance plans. You can also use our free tool to compare pet insurance quotes quickly and find the perfect plan for your needs and budget.

What is pet insurance?

Just like we have health insurance for ourselves, pet insurance provides coverage for your pet's medical needs. According to the Ontario Veterinary Medical Association, about half of all pets will face some sort of illness or accident throughout their life, and the resulting treatments can come with hefty price tags. This is where pet insurance steps in to help ease the financial burden of pet ownership and provide you with peace of mind.

When it comes to pet insurance plans, there are generally two main types to choose from accident-only or accident and illness coverage.

  1. Accident-only pet insurance provides comprehensive coverage for injury-related vet visits, ensuring your pet receives the necessary care in times of sudden trauma or physical injury. Whether it's a broken bone, foreign body ingestion, poisoning, torn ligaments, or any other related emergency, these plans have you covered.
  2. Accident and illness pet insurance goes beyond covering accidents alone; it also protects a range of health conditions that may affect your pet. From common ailments like allergies, arthritis, and ear infections to more serious concerns such as cancer and urinary tract infections, these policies have you covered.

It's important to note that these conditions must generally not have been pre-existing before enrollment and waiting periods.

Good to know

By signing up for accident and illness coverage when your dog is young, you can minimize pre-existing condition exemptions. It's worth mentioning that neither accident-only nor accident and illness policies cover wellness-related items such as vaccines, preventive medications, or spay/neuter procedures.

What does pet insurance cover?

Pet insurance in Canada will cover your pet for costs associated with medical bills stemming from various pet-related expenses. Some plans also offer wellness packages that include preventative care such as checkups, vaccinations, and parasite prevention, but this is far from the norm. For the most part, the vast majority of pet insurance plans will follow the rules outlined below:

What Does Pet Insurance Cover?What Does Pet Insurance Not Cover?
Accidents and injuries
Pre-existing conditions
Illnesses (e.g., infections, chronic diseases)
Elective or cosmetic procedures (e.g., ear cropping)
Diagnostics (e.g., blood tests, X-rays)
Routine wellness care (e.g., vaccinations, check-ups) without add-on
Surgeries
Breeding or pregnancy-related expenses
Hospitalization
Behavioral treatments (mostly as an add-on)
Prescription medications
Preventive dental cleaning
Specialist visits (e.g., dermatology, orthopedics)
Non-prescription diets and supplements
Emergency and urgent care
Parasite treatments without add-on
Alternative therapies (e.g., acupuncture)
Grooming and boarding costs
Dental illness treatment (varies by plan)
End-of-life expenses (e.g., cremation, burial)
Pet Insurance Canada Coverage

Does pet insurance cover dental?

When it comes to coverage for dental care, it's important to note that it's more commonly offered on higher-tier premium plans. For instance, Trupanion pet insurance offers an optional add-on that reimburses up to 90% of dental expenses for animals.

However, it's crucial to understand that not all pet insurance plans will cover routine dental treatments like exams or cleanings. Typically, dental coverage is limited to treatment directly associated with a covered injury or accident. Some insurance providers may offer additional coverage for preventive dental care through a wellness benefit add-on.

It's essential to carefully review the terms and conditions of different plans to determine the extent of dental coverage they offer. By doing so, you can ensure that your furry friend's dental health needs are adequately addressed and that you're making an informed decision to protect their well-being.

Here are the top pet insurance providers that cover dental care in their plans:

Insurance ProviderDental CoverageCoverage DetailsNotes
Fetch Pet Insurance
Covers every tooth and gum diseaseExcludes routine cleanings unless Wellness Add-on is purchased
Pets Plus Us
(as add-on)Dental fractures and treatments, dental wellness through Flex CareRequires Flex Care add-on for wellness coverage, including dental treatments
Trupanion
Covers unexpected dental illnesses and injuries, including extractions and root canalsCovers advanced dentistry, but not routine wellness care
PHI Direct
LimitedCovers dental fractures onlyRoutine dental care is not included
Furkin Pet Insurance
LimitedCovers dental fractures due to traumaRoutine dental treatments are not covered
OVMA Pet Health Insurance
Covers dental illnesses; wellness plan on Unlimited+ includes cleaningsSix-month waiting period for dental coverage
Sonnet Pet Insurance
Limited$300 annual limit for dental due to illness or traumaSix-month waiting period for dental coverage
Desjardins Pet Insurance
(Silver & Gold)Up to $1,000 annual coverage on Gold Paw planBronze Paw plan includes optional dental add-on
Petsecure
Dental illness and annual cleaning (up to $600 on top plan)Six-month waiting period applies
Best Pet Insurance in Canada for dental care coverage

You can compare pet insurance quotes from the best companies in Canada using our free tool at the top of this page. You get instant results for free.

Does pet insurance cover vaccines?

Pet insurance generally does not cover vaccines as part of standard accident or illness plans. Vaccinations are considered preventive or routine care, which is typically excluded from basic coverage. However, many pet insurance companies offer wellness or preventive care add-ons that cover vaccinations and other routine services for an additional premium.

Here are some Canadian pet insurance providers that offer vaccine coverage as part of their wellness or preventive care add-ons:

  1. Fetch Pet Insurance – Offers wellness add-ons that cover vaccines, annual check-ups, and other preventive care for an additional premium.
  2. Pets Plus Us – Provides a "Flex Care" package that includes vaccination coverage, routine check-ups, and preventive treatments for pet owners who choose to add it on.
  3. Petsecure Pet Insurance – Includes vaccines in its optional wellness coverage, which also covers routine exams, flea treatments, and dental cleanings.
  4. OVMA Pet Insurance – Has a wellness add-on under the "Unlimited+" plan, which covers vaccinations, dental care, and other preventive services.
  5. Spot Pet Insurance – Offers an optional wellness rider that covers vaccinations, spay/neuter, and routine check-ups, although coverage details and availability may vary by region.
  6. Furkin Pet Insurance – Includes vaccinations and other preventive care in its add-on wellness package, offering coverage for annual exams and other routine services.

To get the most comprehensive coverage, consider these wellness add-ons if vaccines and preventive care are priorities.

How much is pet insurance in Canada in 2024?

The average pet insurance cost in Canada is around $24 for cats and $40 for dogs per month. This is based on sample premiums obtained from insurers across Ontario, Alberta, and Quebec.

how much is pet insurance
Pet Insurance Canada Cost

How is pet insurance cost calculated?

There are a few critical factors that can influence the cost of your pet insurance:

  1. Pet's breed: Certain pets are more susceptible to specific conditions. Great Danes are prone to hip dysplasia, which may result in higher insurance costs. In general, larger dogs generally have higher insurance premiums.
  2. Pet's age: As pets age, their likelihood of experiencing accidents and illnesses increases. Consequently, insuring older pets tends to be more expensive. Some insurance providers also implement an age-based deductible, raising the deductible amount to offset the higher healthcare costs associated with senior pets.
  3. Pet's gender: Female pets may be considered lower risk, potentially leading to lower insurance premiums.
  4. Location: Veterinary costs can vary depending on your geographical location. Factors such as improved access to advanced treatment options and higher labour costs can contribute to increased coverage expenses in certain areas. Pet insurance costs in Ontario are typically higher than in other provinces.

How much is pet insurance for dogs?

The average cost of dog insurance in Canada is $40 a month. Like most insurances, the cost of dog insurance in Canada varies depending on the policy. The price depends on what is covered, your reimbursement rate, the deductible, and the annual payout limit. The age and breed of your dog will also affect the cost of health insurance for your dog.

Below, you can see how much dog insurance costs for Canada’s most common breed using Fetch pet insurance as an example. These are pet insurance Ontario quotes.

AgeMax annual payoutMax annual deductibleReimbursement rateMonthly premium
<11 months
$5,000$70070%$50.73
<11 months
$15,000$30090%$112.85
5 years
$5,000$70070%$80.17
5 years
$15,000$30090%$182.75
Dog Insurance Cost from Fetch Pet Insurance Canada

How much is pet insurance for a cat?

The average cost of cat insurance in Canada is $24 a month. The cost of cat insurance in Canada also varies on your cat (is it old or a kitten, healthy or sick), on what is covered, on your reimbursement rate, on the deductible, and the annual payout limit.

Below, you can see how much cat insurance costs for Canada’s most common breed using Fetch pet insurance as an example. These are pet insurance quotes for Ontario.

AgeMax annual payoutMax annual deductibleReimbursementMonthly premium
<11 months
$5,000$40070%$23.78
<11 months
$15,000$25090%$50.90
5 years
$5,000$40070%$31.85
5 years
$15,000$25090%$70.95
Cat insurance cost in Canada

We recommend that you get personalized quotes to assess your exact premiums. Use our tool at the top of this page and compare pet insurance quotes online for free.

What does pet care cost without pet insurance?

While it may initially appear as an additional expense, pet insurance is quite affordable when compared to the potential costs of unexpected vet bills. The table below shows how pet insurance can reduce major medical expenses, making routine and emergency care more affordable.

Expense CategoryAverage Annual Cost of owning a pet (Without Pet Insurance)Average Annual Cost of owning a pet (With Pet Insurance)
Routine Vet Visits
$375$75
Preventive Care (vaccines, flea treatments)
$250$70
Dental Cleanings
$350$150
Emergency Care (per incident)
$2,000$300
Total Estimated Annual Cost
$2,975$595
Cost of owning a dog with and without pet insurance comparison

How does pet insurance work in Canada?

how does pet insurance work

Understanding how pet insurance works is essential to make informed decisions about your pet's healthcare. Let's break it down in a simple way. When you have pet insurance, the process generally involves reimbursement. Here's a typical scenario:

  1. You visit a licensed veterinarian of your choice for your pet's medical needs, such as treating an ear infection.
  2. You pay the veterinary bill upfront (unless you have a direct vet pay option as with Trupanion Pet Insurance).
  3. Afterward, you submit a claim to your pet insurance company. This typically includes the vet's invoice and medical records.
  4. Your insurance provider reviews your claim, considering the specifics of your policy and coverage.
  5. If the medical problem is covered, the insurer will reimburse you for eligible expenses.
  6. The time it takes to receive reimbursement varies among insurance companies. It can range from the same day for simple cases to around two weeks for more complex situations.

The amount you'll be reimbursed depends on several factors: your coverage limit, reimbursement rate, and deductible. Let's illustrate this with an example:

What is the coverage limit?

In Canada, pet insurance coverage limits refer to the maximum amount an insurance provider will pay out on claims during a set period, typically per year, per condition, or over the lifetime of the policy. These limits vary widely depending on the provider and the plan you select. Here’s a breakdown:

  1. Annual Coverage Limit: This is the maximum amount your insurance will cover in total each year, regardless of the number of claims. For example, if you have an annual limit of $5,000, your insurance will pay up to $5,000 in covered expenses each year. So, if your dog has multiple surgeries in one year totalling $6,000, you’d receive $5,000 in reimbursement, and the remaining $1,000 would be out-of-pocket.
  2. Per-Condition Limit: This type of limit caps the reimbursement for a specific illness or injury. If you have a per-condition limit of $2,000 and your cat develops diabetes, your insurance will only cover up to $2,000 for all diabetes-related treatments over the life of the policy. This may not be ideal if your pet has a chronic condition requiring long-term care.
  3. Lifetime Limit: Some policies have a maximum lifetime limit, capping the amount they’ll pay out over the pet’s entire life. For instance, if the lifetime limit is $15,000, the insurance will reimburse expenses until this total is reached, after which you’ll have to cover all costs.
  4. Unlimited Coverage: Higher-end plans, like those offered by providers such as Trupanion, may provide unlimited coverage, meaning there’s no cap on how much you can claim in a year or per condition. This can be beneficial if your pet has significant or ongoing medical needs.

Good to know

Coverage limits affect premiums, so a higher or unlimited limit typically comes with a higher monthly cost but provides peace of mind for more extensive coverage.

What is a pet insurance deductible and how does it work?

In Canada, a pet insurance deductible is the amount you pay out-of-pocket on vet bills before your insurance coverage kicks in. You can choose a deductible (usually between $0 to $1,000) when you buy your plan.

A lower deductible means you'll pay less upfront, but your monthly premiums will be higher. Most providers may increase the deductible as your pet ages.

You can opt for no deductible, an annual deductible, or a lifetime deductible. An annual deductible means you'll need to meet the deductible multiple times throughout your pet's life, while a lifetime per-condition deductible requires payment for a chronic condition only once.

What is a waiting period in pet insurance?

A waiting period is the time between when you buy your pet insurance policy and when your coverage officially starts. During this waiting period, specific conditions or illnesses may not be covered by your insurance plan.

pet insurance waiting period

Let's break down the waiting periods into three categories:

  1. Waiting periods for accidents: The duration before your coverage begins for accidents, such as broken bones or swallowed objects. Typically, the waiting period for accidents is 48 hours.
  2. Waiting periods for illnesses: The time it takes for coverage to kick in for illnesses like cancer or urinary tract infections. Most pet insurance companies have a standard waiting period of 14 days for illnesses.
  3. Waiting periods for other conditions: Certain specific conditions, such as cruciate ligament damage, intervertebral disc disease, or dental coverage, may have their waiting periods. In general, this waiting period can be as long as 180 days. However, it's worth noting that not all companies have waiting periods for these specific conditions. For instance, Pets Plus Us and Trupanion do not impose special waiting periods for cruciate ligaments or intervertebral disc disease.

How much pet insurance coverage do I need?

In Canada, you should consider pet insurance coverage of at least $5,000 to $10,000 annually. This range helps cover rising veterinary costs, which have increased by 23.3% in three years from 2021 to 2024. Assess your pet's breed, age, and health history to choose a plan that provides adequate protection for both accidents and illnesses.

Best Pet Insurance in Canada: A Quick Summary

Pet Insurance CompanyAnnual Maximum CoverageReimbursement RatesDeductiblesKey Coverage Highlights
Fetch Pet Insurance
$5,000, $10,000, $15,00070%, 80%, 90%$300, $500 or $700* One simple, comprehensive plan
Flexible and customizable deductible and reimbursement
Extensive dental illness coverage in all plans
Pet owner assistance, lost pet advertising, and boarding at no additional cost
Spot Pet Insurance
$5,000, $10,000, Unlimited70% to 90%**$100-$300* Up to 90% reimbursement on vet bills
Visit any Vet in Canada or the U.S.
Multi-pet & microchipped pet discounts
No per-incident cap, unlimited payouts
Trupanion Canada
Unlimited90%$0 to $1,000 90% of vet bill covered and paid at checkout
One comprehensive plan with unlimited coverage
No age-based deductible
No payout limits for the life of your pet
Desjardins Pet Insurance
$4,000, $8,000, Unlimited80%$100* Low $100 deductible
Generous dental illness coverage
Multi-pet discount
Discounts on premiums after first year
Pets Plus Us
$5,000 (Accident only), $7,500, $15,00070%, 80%, 90%$100-$700* Flexible reimbursement and deductible
Benefits automatically renew each year for pet's lifetime
No breed exclusions
Extensive additional benefits like boarding, lost pet advertising, holiday trip cancellation
Furkin
$20,00080%$100, $300, $750* Single, straightforward plan with up to $20,000 coverage
Low $100 deductible option
Multi-pet discount
No per-condition limits
Peppermint Pet Insurance
$1,500, $3,000, $5,000, $10,00080%$100* Four plans with various coverage limits for different budgets
Low deductible of $100
Lower monthly premiums
Alternative therapies and behavioural therapy included in most plans
OVMA Pet Health Insurance
Unlimited, $5,000, $2,50080%$100-$400* Designed by Ontario vets
Dental coverage included in all plans
Loyalty discounts after first year
No waiting period for preventive care with Unlimited+ plan
PHI Direct
$5,000, $10,00080%$200 Lower premiums than most competitors
Low $200 deductible
Alternative and behavioural therapy included in base plan
24/7 access to telehealth care
Sonnet
$5,00080%$100, $300* Lower monthly premiums than most competitors
Low deductible of $100
Alternative and behavioural therapies covered without additional cost
Includes travel coverage in U.S. and Canada, and boarding fees
Petsecure
$2,000, $5,000, $10,000, Unlimited80%$100-$400* Four plan options for different budgets
Good dental coverage with cleanings
Multi-pet discount
Multiple deductible options
Comparison of Best Pet Insurance Companies in Canada
  • *Deductible is age-based.
  • * *Reimbursement is age-based

Good to know

Apart from these companies, other notable options are Costco Pet Insurance Canada and CAA Pet Insurance. Both of these plans are provided by Pets Plus Us. Costco members can get up to 15% off their Costco Pet Insurance premiums. CAA and BCAA members can get up to 13.5% off their BCAA/CAA Pet Insurance.

What are the benefits and drawbacks of pet insurance in Canada?

ProsCons
Cost savings on veterinary bills
Comprehensive coverage options
Peace of mind
Choose your preferred veterinarian
Coverage for all breeds and older pets
Routine visits may not be covered
Out-of-pocket costs may still apply
Pre-existing conditions are typically not covered
Reimbursement process and upfront payments
Consider your needs and usage
Breed exclusion
Pros and Cons of Pet Insurance Canada Plans

Benefits of Pet Insurance

  • Cost savings on veterinary bills: By having pet insurance, you can potentially save thousands of dollars on veterinary expenses that would otherwise come out of your pocket. For instance, if your pet develops a condition like hip dysplasia, the long-term cost of medications and surgery can exceed $7,800. However, with the right policy offering coverage of $10,000, an 80% reimbursement rate, and a $100 deductible, your expenses would be significantly reduced to $1,660.
  • Comprehensive coverage options: With more inclusive policies, such as those that cover dental care, you are more likely to prioritize your pet's regular check-ups and preventive care.
  • Peace of mind: Pet insurance grants you the confidence that, in the event of an accident or illness, you can afford the necessary treatment for your pet. This peace of mind allows you to make decisions based on what's best for your pet's health rather than being constrained by financial concerns.
  • Choose your preferred veterinarian: Pet health insurance allows you to select the veterinarian you trust and prefer to treat your beloved furry friend. This gives you control over your pet's healthcare decisions.
  • Coverage for all breeds and older pets: While it's recommended to get coverage early to secure lower premiums, you can still obtain coverage for your pet even years later. However, note that as pets age, the likelihood of pre-existing conditions increases, which may be excluded from coverage.

Good to know

Which Pet Insurance Covers Pre-existing Conditions?

If you think your pet may have pre-existing conditions, take a look at our guide on the best pet insurance that covers pre-existing conditions.

Drawbacks of Pet Insurance

  • Routine visits may not be covered: Many policies do not include coverage for routine checkups and vaccinations, which means you'll need to cover these expenses out-of-pocket.
  • Out-of-pocket costs may still apply: Even with a comprehensive coverage policy, it's essential to understand that not all treatments or procedures may be covered. There may be certain exclusions or limitations to the coverage provided.
  • Pre-existing conditions are typically not covered: If your pet has been diagnosed with pre-existing conditions such as allergies or cancer before obtaining insurance, any related treatment expenses may not be covered.
  • Reimbursement process and upfront payments: Some providers require you to pay the veterinarian directly and then submit a reimbursement claim. It's important to familiarize yourself with the reimbursement process and understand the turnaround times for receiving the reimbursement.
  • Consider your needs and usage: Be mindful that you may end up paying for benefits that you may not fully utilize. So, it's essential to find a balance that aligns with your pet's health and your budget.
  • Breed exclusion: Breed-specific exclusions refer to limitations imposed by insurance companies on coverage for hereditary illnesses that are common in certain breeds. For instance, large dog breeds like Great Danes may be susceptible to conditions like hip dysplasia, while Dalmatians may be prone to urinary tract issues. These breed-related health concerns may not be covered by pet insurance policies with breed exclusions.

Is pet insurance worth it in Canada?

Pet insurance is definitely worth considering, especially with the rising costs of pet care in Canada. According to a recent survey conducted by HelloSafe, the average annual cost of owning a dog is now $3,020, a 23.3% increase over the past three years.

For larger dogs, expenses can reach up to $4,605 per year, with food and vet bills being the biggest contributors. Veterinary care alone for larger breeds can be twice as much as for smaller dogs, and emergency treatments or surgeries can quickly add up.

Pet insurance can be a lifesaver by covering unexpected vet bills and bringing down these costs by at least 50%, letting you focus on your pet’s health without the financial strain.

Read our full report on how the cost of owning a dog in Canada has changed since 2021.

How to get the cheapest pet insurance in Canada?

To get the most affordable pet insurance in Canada while still ensuring your pet is well-covered, here are some tips to consider:

  1. Choose an Accident-Only Plan: If you’re mainly worried about sudden injuries, an accident-only plan is often much cheaper than a full-coverage policy. It covers emergencies like fractures or injuries without including illness coverage.
  2. Pick a Higher Deductible: Plans with higher deductibles have lower monthly premiums. If you’re prepared to cover a larger portion of costs upfront, this can significantly reduce your premium.
  3. Opt for Lower Coverage Limits: If your pet is young and healthy, choosing a plan with a lower annual limit can save you money. You can always increase coverage as they age or if they develop medical needs.
  4. Check for Discounts: Many companies offer discounts for multiple pets, adoption from a shelter, or for being part of certain organizations. Ask about any available savings when you’re comparing quotes.
  5. Avoid Add-Ons Unless Needed: Additional wellness or dental coverage is useful but not essential for everyone. Skipping these add-ons can make your plan cheaper, especially if you don’t expect frequent preventive visits.
  6. Use a Comparison Tool: Online comparison tools let you quickly check multiple quotes, helping you find the best value plan for your budget and your pet’s needs.

You can start comparing pet insurance quotes from Canada's best companies right here. Use our free HelloSafe tool at the top of this page to get personalized pet insurance quotes and the best deals based on your unique needs.

FAQs on Pet Insurance in Canada

How much is pet insurance?

The average cost of pet insurance in Canada is $40 per month for dogs and $24 for cats. The premiums can range from $20 to $100 per month, depending on factors like your pet's age, breed, and coverage level. Basic accident-only plans are cheaper, while comprehensive plans covering illnesses and preventive care cost more.

How much is pet insurance in Ontario?

Basic pet insurance cost in Ontario generally starts at around $39 per month for a dog and $29 per month for a cat.
More comprehensive insurance with higher reimbursement rates and higher coverage levels, may cost as much as $150 per month. It's recommended to obtain quotes from different providers to get an accurate idea of the pricing specific to your location.

What does pet insurance not cover?

Pet insurance generally does not cover pre-existing conditions, elective or cosmetic procedures, breeding costs, routine care (unless added), or behavioural treatments. Most plans also exclude dental cleaning unless it’s part of a wellness add-on.

What is the best pet insurance in Ontario?

The best pet insurance in Ontario includes Trupanion Canada, Fetch Pet Insurance, and Spot Pet Insurance, known for comprehensive plans and flexible deductibles. The best choice depends on your budget, your pet’s needs, and desired coverage.

How much is pet insurance for dogs?

The average cost of pet insurance for dogs in Canada is $40 per month. Dog insurance premiums can range from $30 to $100 per month, with higher prices for breeds prone to hereditary conditions. Accident-only plans are less expensive, while full-coverage plans, especially for larger or older dogs, are at the higher end.

What does pet insurance cover?

Pet insurance typically covers unexpected veterinary costs from accidents, illnesses, surgeries, hospitalizations, diagnostic tests, and prescription medications. Some plans also include preventive care like vaccinations and dental, usually with an additional premium.

How much is pet insurance in BC?

Pet insurance in BC typically costs $30 to $100 per month, with prices influenced by your pet’s breed, age, and chosen coverage. Urban areas, like Vancouver, may have higher premiums due to increased veterinary costs.

How does pet insurance work?

Pet insurance works by reimbursing you for a portion of eligible vet bills after you pay the deductible. You choose a plan with coverage limits, deductible, and reimbursement rate; then, submit claims for unexpected medical expenses.

How much is pet insurance for cats?

The average cost of pet insurance for cats in Canada is $24 per month. However, premiums can range from $15 to $50 per month. Coverage for accidents and illnesses usually falls on the lower end, while plans with wellness care, higher limits, or older cats cost more.

Does pet insurance cover neutering?

Pet insurance generally does not cover routine preventive care, such as spaying or neutering, vaccinations, or regular check-ups. However, some comprehensive plans or optional add-ons may offer coverage for certain preventive procedures.
It's important to review the policy terms and conditions to understand what is included in the coverage.

Keep reading about pet insurance

Have more questions? Explore our other in-depth articles and reviews on pet insurance providers, pre-existing conditions, and everything else you need to know.

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Nishadh Mohammed
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Nishadh Mohammed is a seasoned news editor and financial writer, working with HelloSafe since May 2023. Nishadh has developed expertise in financial markets, insurance, and investment products, with a deep understanding of the Canadian financial landscape. He has honed his SEO skills and content marketing strategies while writing for Canadian publishing houses. Armed with a master's in Business Analytics and extensive journalistic experience, Nishadh uniquely combines data proficiency and thorough research to deliver comprehensive and accessible information.

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4 comments
Gob
on

What happens if you rescue a senior cat from a shelter and don’t know any of the cats history when you get it? Will you still be able to get coverage for the cat?

author-profile-picture Nishadh Mohammed Our expert

Hi Gob,
Different insurance companies may have different ways to deal with this issue. I suggest you directly contact the insurer of your choice and ask what you can do.

Have a nice day,
The HelloSafe team

Robert B.
on

I am new to pet insurance. I get frequent emails from a company called "24Petwatch" but don't see them in ratings lists. Do you know anything about this company and how it rates compared to those on your list?

author-profile-picture Nishadh Mohammed Our expert

Hi Robert,
We currently do not know this company and thus can't tell you how interesting their plans are compared to the other pet insurers.

Have a nice day,
The HelloSafe team

Lily
on

Looking for the best insurance dor my puppy that is affordable but still provides good coverage

author-profile-picture Nishadh Mohammed Our expert

Hi Lily,
You can use the comparator tool at the top of the page to find the perfect policy for you. Use the different buttons and the slider to set your parameters and find the best insurance for your situation.

Have a nice day,
The HelloSafe team

Janie
on

would like a quote for a 4 month old basset hound

author-profile-picture Nishadh Mohammed Our expert

Hi Janie,
Please contact the insurance company of your choice to get a quote. You can find the best insurer for you by using the comparator at the top of the page.

Have a nice day,
The HelloSafe team