Costco Pet Insurance Review 2026: Member Pricing on Figo

Buy pet insurance through Costco and the insurer covering your pet is Figo. Costco offers member pricing on Figo policies; it does not write pet insurance itself. Coverage terms, waiting periods, and claims all stay Figo's, so the membership is a price question, not a coverage question.

Figo, founded in 2013 and underwritten by Independence American Insurance Company, is a ranked partner here, with a full review and a dated score card of its own. Its signature offer is a 100 percent reimbursement tier, one of the few in the US market, and that tier travels with the policy whichever door you buy it through.

Disclosure: We earn a commission when you buy through our links. You pay the same state-filed rate as buying direct, and commissions never change a score. How we collect and score quotes.

We publish no separate Costco price and no discount figure, because our knowledge base verifies the arrangement, not its current size. The dated Figo sample in our Figo review shows the direct price for our test profiles; the Costco member quote flow shows the member price for your pet and zip.

Pet insurance rates are filed with state regulators, so member pricing lives inside those filings rather than in a private deal at the register. The practical move takes minutes: run the member quote and the direct Figo quote for the same configuration and let the two numbers settle it. Cat premiums run 35 to 40 percent below dog premiums across the market either way.

The Coverage Map below is Figo's map, because a Costco member policy is a Figo policy. Statuses match our Figo review: a row is marked only where our knowledge base verifies it, and pending rows are confirmed against current policy documents before the next quarterly refresh.

Nothing in this map moves when you buy through Costco: the membership changes the price channel, not the policy text. Two things are settled from our Figo review: the policy is accident and illness at its core, and exam fees sit behind an add-on. The pending rows get verified answers before the next refresh, never guesses.

The day-counts are Figo's, queued for verification against current state filings, and buying through Costco does not change them. Accident waits across the US market run about 1 to 15 days and illness waits about 14 to 30 days. Symptoms during any waiting period count as pre-existing afterward, so verify the dates on your policy documents at checkout.

Figo applies the standard pre-existing exclusion: conditions showing symptoms or diagnosed before enrollment, or during waiting periods, are not covered. Reimbursement follows the standard order: bill minus deductible, times your chosen percentage; at Figo's 100 percent tier that multiplication stops removing anything. One membership question is worth asking before you buy: what happens to member pricing if your Costco membership lapses, because the answer lives in the policy terms, not on this page.

Claims on a Costco member policy run through Figo's Pet Cloud app: submit the itemized invoice and track the claim's status inside the app. Costco plays no part in the claims process; the warehouse sells the membership, and Figo services the policy.

First claims take longer everywhere because the insurer reviews your pet's full vet records. Payout-speed figures for Figo are pending our verification, so we publish none here.

Costco is a membership retailer, not an insurer. The policies behind its member pricing carry Figo's brand and are underwritten by Independence American Insurance Company, an established carrier separate from both retail names. Carrier details and state availability appear in your policy documents, and the quote flow is the availability check for your zip.

The membership changes exactly one thing: the price channel. Member pricing on Figo is the whole product Costco brings, and because rates are state-filed, that pricing is a filed program rather than a spontaneous discount. What the membership does not change is everything else: the policy text, the coverage map, the waiting periods, the claims app, and the underwriter are all Figo's. So the buying order matters. Decide whether Figo fits your pet first, using the full Figo review, and only then let the member quote and the direct quote fight over the price.

• ›Lemonade prices lowest of our 11 in most quote runs and pays simple app claims in minutes.
• ›Embrace rewards claim-free years with its Healthy Pet Deductible, which drops $50 each year you do not claim.
• ›Trupanion drops the levers entirely: unlimited benefit and 90 percent on every policy, at the highest price on our list.

You can cancel a Figo policy bought through Costco at any time, and state free-look rules give a full-refund window shortly after purchase. Line up the replacement policy before you cancel: a coverage gap restarts waiting periods, and anything showing symptoms during the gap becomes pre-existing with the next insurer. The safe sequence is in our guide to switching pet insurance without coverage gaps.