Co-insurance

The percentage of covered expenses you pay after meeting your deductible.

How Co-Insurance Works in Pet Coverage

Co-insurance is your share of covered costs after the deductible—understanding it helps you plan for what you'll actually pay at claim time.

Co-Insurance in Simple Terms

After you meet your deductible, co-insurance determines how the remaining eligible bill is split between you and your insurer. For example, with 80% reimbursement, your insurer pays 80% of covered costs and you pay the remaining 20%.

How Your Reimbursement Rate Is Set

Most pet insurance plans offer reimbursement rates of 70%, 80%, or 90%. A higher rate means more of the eligible claim is covered by the insurer, but typically results in a higher monthly premium. Choosing the right rate depends on your budget and risk tolerance.

Co-Insurance vs. Deductible: What's the Difference?

Your deductible is a fixed amount you pay before coverage starts. Co-insurance kicks in after the deductible and represents a percentage of the remaining costs. Both apply to the same claim, so understanding how they interact helps you estimate your actual out-of-pocket expense.

A Real-World Example

If your vet bill is $1,000, your deductible is $200, and your reimbursement rate is 80%, your insurer covers 80% of the remaining $800—reimbursing $640. You pay $200 (deductible) plus $160 (your 20% co-insurance share), totaling $360 out of pocket.

Choosing a Co-Insurance Rate That Fits

If your pet is young and healthy and you want to keep premiums low, a lower reimbursement rate (like 70%) may make sense. If your pet is older or prone to health issues, a higher rate (80–90%) helps limit unexpected out-of-pocket costs during a difficult year.

What Co-Insurance Doesn't Cover

Co-insurance only applies to eligible, covered expenses. Non-covered services, excluded conditions, and charges above a benefit schedule are not subject to reimbursement at any rate. Always review your policy's coverage list to know exactly which expenses qualify.

Your Pet, Your Companion, Your Pocket

Our dedication lies in connecting you with equitable and accurate pricing, tailored to your pet’s breed, age, and location. If you’re seeking further recommendations, feel free to contact us via our social media channels or by email at [email protected].