Costco pet insurance is a Figo Pet Insurance policy sold to Costco members at a discount. Costco does not write the policy, pay the claims or set the coverage. This page explains who does, what the Figo policy form says, and what a Costco membership actually changes.
selectyourcover.com is not affiliated with Costco or Figo. We read policy documents and report what they say. We are not an insurance agent and this is not advice.
Who actually provides Costco pet insurance
Figo Pet Insurance provides it, and Independence American Insurance Company underwrites it. Costco's pet insurance page, built on November 9, 2026, says members "may be eligible to receive an exclusive discount on plans through Figo Pet Insurance" [1].
Figo's own pages fill in the rest. Policies are underwritten by Independence American Insurance Company, a Delaware insurer based in Scottsdale, Arizona, and the plans are administered by Figo Pet Insurance, LLC in Chicago [3]. Costco's role is distribution. Its services page says Costco Insurance Agency, Inc. is a licensed insurance agent and "may receive compensation from Figo and/or its affiliates" [2].
So when you file a claim, you file it with Figo, not Costco. Reviews of Costco pet insurance are, in practice, reviews of Figo's claims handling.
One state is currently out. Costco's page says: "The Costco Insurance Agency is currently not offering new pet insurance policies in WA" [1].
Costco pet insurance is a Figo policy. The coverage terms below come from Figo's Texas accident and illness policy form, which Costco's own terms point members to.
What the policy covers
The policy is Figo's accident and illness policy. Costco's terms say "For all terms visit https://figopetinsurance.com/sample-policy" [2], which is Figo's standard page of state policy forms [4]. We read the Texas version of that form [5]. Your state's form may differ on a few points, which we note below.
NerdWallet's May 2026 review says Figo does not offer an accident-only plan, with optional add-ons sold on top of the accident and illness plan [6].
Waiting periods. Figo's Texas form covers accidents after 1 day and illnesses after 14 days. There is an important exception for dogs: orthopedic conditions, including orthopedic injuries like fractures, fall under a 6-month waiting period. A broken leg in month two is not covered for a dog on the standard terms. Figo lets you remove that 6-month wait with an orthopedic exam and a waiver form within the first 30 days. For cats, the 6-month orthopedic wait does not apply.
State versions vary. Figo's California disclosure sets a 5-day wait for injuries, and its Maine disclosure sets 30 days for orthopedic illnesses.
Pre-existing conditions. These are excluded. The form has a cure clause, though: a curable condition becomes coverable once your pet has gone 365 consecutive days with no symptoms and no treatment. Some conditions can never be cured under this policy. The form lists genetic conditions, ligament and knee conditions, orthopedic conditions and chronic conditions as not curable.
Dental. Dental illness is covered, with conditions. You must follow your vet's dental advice, including an annual dental exam and any treatment they recommend. If signs of periodontal disease were present before coverage started or during the waiting period, dental illness cover does not apply. Routine cleanings are not covered.
Exam fees. The base policy does not pay the vet's exam fee. That needs the optional Office Visit and Exam Fees coverage.
Deductible and limits. Figo uses an annual deductible that drops by $50 at each renewal with no paid claims, down to $0. It returns to the full amount after a paid claim. Figo's site lists annual limits of $5,000, $10,000 or unlimited, and says there is no upper age limit to enroll, with a minimum age of 8 weeks.
| Insurer | Accident waiting period | Illness waiting period | Knee & hip (orthopedic) wait | Pre-existing conditions |
|---|---|---|---|---|
| ASPCAPet Health Insurance | Cured: covered after 6 mo Excluded. Curable conditions cured and free of treatment and symptoms for 180 days become a new occurrence (not ligament/knee) (from a 2020 sample form; newer forms may be stricter on chronic conditions). Policy, p. 4 | |||
 | Dogs: lifetime exclusion risk 180-day window for dogs (cruciate ligament disease, IVDD, patellar luxation, hip dysplasia): signs in the first 180 days = excluded for life. Kansas and South Carolina (v5 terms): 6-month wait for dogs instead Policy | Cured: covered after 12 mo Excluded. Temporary (curable) conditions free of signs and treatment for 12 consecutive months are no longer pre-existing. Policy | ||
 | Day one None for accidents from an unexpected event; injuries from 'normal activity' fall under the 15-day wait Policy, p. 6 | Lifetime exclusion risk 180 days, lifetime exclusion if the condition occurs in that window (knee exception with vet exam; accidents exempt) Policy, p. 11 | Cured: covered after 12 mo Excluded. Curable conditions seen in the 365 days before enrollment or during the wait: 365-day exclusion, then coverable with an annual vet exam; if it recurs, a second 365-day period; recurrence in the second period = excluded for life. The policy's wording is unclear on the second year; check with Fetch. Policy, p. 10 | |
 | 1 day 1 day (dogs: orthopedic injuries, including fractures, fall under the 6-month orthopedic wait) Policy, p. 3 | Dogs: 6 months 6 months (dogs only; waivable with an orthopedic exam and waiver form within 30 days) Policy, p. 4 | Cured: covered after 12 mo Excluded. Curable conditions become coverable after 365 consecutive days without symptoms or treatment; genetic, ligament/knee, orthopedic and chronic conditions are never curable. Policy, p. 5 | |
 | No cure clause Excluded. The 2021 sample policy we read has no cured-condition clause; MetLife's website says curable conditions are typically covered. Policy, p. 7 | |||
 | 3 days 3 days (0 days in CA, DE, LA, MD, ME, MS, MT, NE, NH, OH, PA and WA per Odie's state table) Policy, p. 5 | 6 months 6 months (cruciate ligament events); 30 days in CA, DE, LA, MD, ME, MS, MT, ND, NE, NH, OH, OR, PA and WA, and 120 days in VT, per Odie's state table Policy, p. 5 | 18-month look-back, no cure clause Excluded. 18-month look-back: anything Present in the 18 months before the effective date (or during the wait) is excluded. No cure clause. Chronic, bilateral and IVDD conditions are excluded if Present at any time before. Policy, p. 16 | |
 | Cured: covered after 6 mo Excluded. Curable conditions free of treatment and symptoms for 180 days become a new occurrence (not chronic or ligament/knee). Policy, p. 6 | |||
 | Cured: covered after 6 mo Excluded. Curable conditions free of treatment and symptoms for 180 days become a new occurrence (not chronic or ligament/knee). Policy, p. 5 |
- ASPCAPet Health Insurance
- Accident waiting period
- Illness waiting period
- Knee & hip (orthopedic) wait
- Pre-existing conditions
- Cured: covered after 6 mo
Excluded. Curable conditions cured and free of treatment and symptoms for 180 days become a new occurrence (not ligament/knee) (from a 2020 sample form; newer forms may be stricter on chronic conditions).
Policy, p. 4
- Accident waiting period
- Illness waiting period
- Knee & hip (orthopedic) wait
- Dogs: lifetime exclusion risk
180-day window for dogs (cruciate ligament disease, IVDD, patellar luxation, hip dysplasia): signs in the first 180 days = excluded for life. Kansas and South Carolina (v5 terms): 6-month wait for dogs instead
Policy - Pre-existing conditions
- Cured: covered after 12 mo
Excluded. Temporary (curable) conditions free of signs and treatment for 12 consecutive months are no longer pre-existing.
Policy
- Accident waiting period
- Day one
None for accidents from an unexpected event; injuries from 'normal activity' fall under the 15-day wait
Policy, p. 6 - Illness waiting period
- Knee & hip (orthopedic) wait
- Lifetime exclusion risk
180 days, lifetime exclusion if the condition occurs in that window (knee exception with vet exam; accidents exempt)
Policy, p. 11 - Pre-existing conditions
- Cured: covered after 12 mo
Excluded. Curable conditions seen in the 365 days before enrollment or during the wait: 365-day exclusion, then coverable with an annual vet exam; if it recurs, a second 365-day period; recurrence in the second period = excluded for life. The policy's wording is unclear on the second year; check with Fetch.
Policy, p. 10
- Accident waiting period
- 1 day
1 day (dogs: orthopedic injuries, including fractures, fall under the 6-month orthopedic wait)
Policy, p. 3 - Illness waiting period
- Knee & hip (orthopedic) wait
- Dogs: 6 months
6 months (dogs only; waivable with an orthopedic exam and waiver form within 30 days)
Policy, p. 4 - Pre-existing conditions
- Cured: covered after 12 mo
Excluded. Curable conditions become coverable after 365 consecutive days without symptoms or treatment; genetic, ligament/knee, orthopedic and chronic conditions are never curable.
Policy, p. 5
- Accident waiting period
- Illness waiting period
- Knee & hip (orthopedic) wait
- Pre-existing conditions
- No cure clause
Excluded. The 2021 sample policy we read has no cured-condition clause; MetLife's website says curable conditions are typically covered.
Policy, p. 7
- Accident waiting period
- 3 days
3 days (0 days in CA, DE, LA, MD, ME, MS, MT, NE, NH, OH, PA and WA per Odie's state table)
Policy, p. 5 - Illness waiting period
- Knee & hip (orthopedic) wait
- 6 months
6 months (cruciate ligament events); 30 days in CA, DE, LA, MD, ME, MS, MT, ND, NE, NH, OH, OR, PA and WA, and 120 days in VT, per Odie's state table
Policy, p. 5 - Pre-existing conditions
- 18-month look-back, no cure clause
Excluded. 18-month look-back: anything Present in the 18 months before the effective date (or during the wait) is excluded. No cure clause. Chronic, bilateral and IVDD conditions are excluded if Present at any time before.
Policy, p. 16
- Accident waiting period
- Illness waiting period
- Knee & hip (orthopedic) wait
- Pre-existing conditions
- Cured: covered after 6 mo
Excluded. Curable conditions free of treatment and symptoms for 180 days become a new occurrence (not chronic or ligament/knee).
Policy, p. 6
- Accident waiting period
- Illness waiting period
- Knee & hip (orthopedic) wait
- Pre-existing conditions
- Cured: covered after 6 mo
Excluded. Curable conditions free of treatment and symptoms for 180 days become a new occurrence (not chronic or ligament/knee).
Policy, p. 5
What Costco members get
Costco members get 15% off Figo's base premium rates. Costco's services page says: "As a Costco Member, you are eligible to receive an exclusive 15% pet insurance discount through Figo Pet Insurance" [2].
How that 15% works depends on your state [2]:
- Everywhere except Tennessee: the 15% is a discount from the base rates Figo offers non-members.
- Tennessee: Figo sells a separate member-specific product whose base rates are 15% lower than the standard non-member product.
The current footnote on Costco's site says "As a Costco Member" and does not limit the discount to one membership tier [2]. It also says "Products, schedules, discounts, and rates may vary and are subject to change" and that more information is available at checkout [2].
What we could not confirm. Several third-party reviews say Costco Executive members skip Figo's enrollment fee, and some mention a free first month or a gift card. None of these appeared on Costco's pet insurance page, Costco's services page, or Figo's pages when we checked on November 9, 2026 [1][2][3]. They may have been past promotions or may still exist at checkout. Do not count on them until you see them on your quote.
What it costs. We do not publish premiums, because a pet insurance price depends on species, breed, age, ZIP code and the deductible and limit you choose. The fair comparison is simple: get a Figo quote with your Costco membership number and one without it. The difference should be the 15%.
Costco pet insurance vs buying Figo directly
Outside Tennessee, the policy is the same and the price is lower through Costco. Costco's terms send members to Figo's standard sample policy page for the full terms [2][4], and the discount is calculated from Figo's regular non-member base rates [2]. Nothing on Costco's pages describes different waiting periods, exclusions or limits for members.
That means the waiting periods, the 6-month orthopedic wait for dogs, the 365-day cure rule and the dental conditions above apply whichever way you buy. The underwriter is the same, Independence American Insurance Company, and Figo administers both [3].
Tennessee is the exception on paper. There, Costco says Figo offers a member-specific product [2]. We have not read a Tennessee member form, so we can't say whether its terms differ from the standard Tennessee policy beyond price. If you are in Tennessee, ask Figo for the member policy form before you buy.
Washington is the other exception. Costco is not offering new pet policies there [1].
One practical point: Costco's pages do not say whether the member discount stacks with any other Figo discount, so check the quote line by line.
How it compares with other insurers
The Costco discount lowers the price, but it does not change the policy. So the useful question is how Figo's terms compare with other insurers' terms.
On the policy documents we have read, Figo's 1-day accident wait is short. The trade-off for dog owners is the 6-month orthopedic wait, which includes orthopedic injuries, unless you complete the exam waiver in the first 30 days. Figo's 365-day cure period for pre-existing conditions is also longer than some insurers in our library, and it never cures orthopedic, knee, genetic or chronic conditions.
If your dog is a breed prone to knee or hip problems, read the orthopedic and pre-existing rows in the table above against the other insurers before the 15% decides it for you. A cheaper premium on a policy that excludes the condition you are worried about is not a saving.
Before you buy through Costco, it is worth checking four things on the Figo quote and policy for your state:
- The orthopedic wait. If you have a dog, decide whether to book the orthopedic exam within the first 30 days to remove the 6-month wait.
- Your pet's history. Anything treated or showing symptoms in the past year will likely be excluded until it has been clear for 365 days, and some conditions never come back into cover.
- Dental. Plan for an annual dental exam, since dental illness cover depends on it.
- Exam fees. Decide whether you want the optional exam fee coverage, since the base policy does not pay for the visit itself.
Top-rated pet insurers
How we score- 1
9.4 Excellent
- 2
9.3 Excellent
- 3
9.3 Excellent
- 4
9.1 Excellent
- 5ASPCAPet Health Insurance
8.8 Very good
- 6
8.8 Very good
- 7
8.8 Very good
- 8
8.1 Good
The ranking above scores insurers on their policy terms, not on any member discount. A Costco member could reasonably pick Figo for the 15%, or pick another insurer whose terms fit their pet better. Both are fair choices when you know what the documents say.
Common questions
Who underwrites Costco pet insurance?+
Independence American Insurance Company, a Delaware insurer, underwrites the policies. Figo Pet Insurance, LLC of Chicago administers the plans. Costco Insurance Agency, Inc. is a licensed agent that may receive compensation from Figo. Costco itself is not the insurer.
How much is the Costco pet insurance discount?+
Costco's services page says members get an exclusive 15% discount through Figo. Outside Tennessee, that is 15% off the base rates Figo charges non-members. In Tennessee, Figo offers a separate member product whose base rates are 15% lower than the standard product.
Do Costco Executive members get extra pet insurance perks?+
Some third-party reviews say Executive members skip an enrollment fee or get a free first month. We could not find either perk on Costco's or Figo's current pages on November 9, 2026. Ask at checkout before you count on one.
Is Costco pet insurance the same as Figo?+
Yes, outside Tennessee. Costco's terms send members to Figo's standard sample policy for the full terms, and the discount is taken off Figo's normal base rates. In Tennessee, Figo sells Costco members a separate member-specific product.
Does Costco pet insurance cover pre-existing conditions?+
Not at first. The Figo policy form excludes pre-existing conditions, but a curable one can become coverable after 365 days in a row with no symptoms or treatment. Genetic, ligament and knee, orthopedic and chronic conditions never count as cured.
How long is the waiting period for Costco pet insurance?+
Under the Figo Texas policy form, accidents are covered after 1 day and illnesses after 14 days. Orthopedic conditions in dogs, including fractures, wait 6 months unless you get the orthopedic exam waiver within 30 days. Some states differ.
Can I buy Costco pet insurance in Washington?+
Not as a new policy right now. Costco's pet insurance page says the Costco Insurance Agency is currently not offering new pet insurance policies in Washington. Washington residents can still compare other insurers that sell there.
How much does Costco pet insurance cost?+
There is no single price. Your premium depends on your pet's species, breed and age, your ZIP code, and the deductible and limit you pick. Costco members then get 15% off Figo's base rate. Get a quote with your membership number to see your number.
Sources
- [1] Pet Insurance | Costco · accessed 2026-11-09
- [2] Costco Services (footnotes 4 and 5: pet insurance) · accessed 2026-11-09
- [3] Figo Pet Insurance: Carrier and Underwriter Information · accessed 2026-11-09
- [4] Figo Pet Insurance: State Documents and Sample Policies · accessed 2026-11-09
- [5] Figo Pet Insurance, Texas accident and illness policy form (IAIC FPI POL AI TX 1025) · accessed 2026-11-09
- [6] NerdWallet: Costco Pet Insurance Review 2026 (updated May 1, 2026) · accessed 2026-11-09
Not insurance or veterinary advice. Terms vary by state and change over time.