Is 100% reimbursement pet insurance worth it?
Figo is the only insurer in this lineup offering 100% reimbursement, and only with a $500 or $750 deductible, without the unlimited-annual-limit plan (the Popular plan caps at $10,000). After that deductible, covered claims are reimbursed at 100% up to the limit. Whether that tier is worth it depends on Figo's current quote versus a matched 90% alternative.
Is 100% reimbursement pet insurance worth it?
One hundred percent reimbursement means that after the deductible, the insurer pays the rest of a covered claim. It is not "free vet care." Figo will not sell that 100% tier with its unlimited Higher Coverage plan. The buyer who wants 100% accepts a mid-size deductible, a $10,000 Popular-plan ceiling, and a higher monthly bill.
Work one covered $5,000 claim against a $750 deductible. At 100% you pay $750. At 90% you pay $750 plus 10% of $4,250, or $1,175. The gap is $425 on that bill. If the 100% premium costs more every month, a healthy year can erase that gap before you ever claim. We do not publish Figo's 100% versus 90% price delta, so this page does not invent one.
What competes with 100% without a Figo quote link
Trupanion fixes reimbursement at 90% and charges its deductible once per diagnosed condition for the life of the pet, with unlimited limits. For a chronic drug bill, that design can beat a capped 100% plan. Compare current quotes before assessing cost.
Current Lemonade marketing waits (your state policy controls) are 0 days for accidents from the policy effective date, 14 days for illness and 30 days for orthopedic conditions. Lemonade is not sold in AK, ID, KS, SD, VT, WV or WY as of October 2026. Compare current 90% reimbursement quotes at matched settings.
Who should actually buy 100%
Buy Figo's 100% tier if your budget breaks above a few hundred dollars of surprise, you accept the $10,000 Popular cap, and a real Figo quote still wins against a 90% unlimited rival. Everyone else gets more protection per dollar from 90% plus the strongest annual limit they can float.
A 100% plan does not cover pre-existing conditions. Rankings stay editorial. The Lemonade button on this page is a paid alternative, not a Figo enrollment link, and not a ranking of Lemonade over Figo.
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