We decided to compare three of the top pet insurance companies<\/strong> in Canada and look at the plans most pet parents are likely to consider to give you an idea of what they cost, what they cover and, just as importantly, what they don’t cover<\/strong>.<\/p>\n\n\n\n Pet insurance can look straightforward when you compare reimbursement percentages and monthly premiums. But the real differences often don’t become obvious until you look at annual and per-condition limits, deductibles, waiting periods, pre-existing-condition definitions, exam fees and whether you have to pay a large veterinary bill upfront.<\/strong> A policy that looks less expensive each month may leave you with considerably more to pay when you actually need it.<\/p>\n\n\n\n That’s why we’ve put the CONS first<\/strong>. Most of what we’d want insurance to cover when something seriously goes wrong is more important to us than the \u201cnice\u201d little riders or extras we may never use. If your dog needs a $10,000 surgery or develops a chronic condition requiring years of treatment, the payout limits, exclusions and deductible structure can matter much more than a lost-pet advertising benefit.<\/strong><\/p>\n\n\n\n Much of the information that determines what an insurer will actually pay is contained in its policy wording<\/strong>, yet not everyone reads the full policy before signing up. We did. The comparison below is based on our reading of the insurers’ current coverage information and policy documents, and we’ve included links to those documents so you can read the wording yourself. We tried to accurately capture them below based on our read.<\/p>\n\n\n\n