Figo | Pet Insurance Review

When I first signed up with this company, I gave them stellar reviews; however, things have gone downhill. This company lured me in with very low rates for pet insurance for all 3 of my dogs. After 2 years there was a significant increase in premium that raised my cost by almost $200 a year. They explained it was due to my premiums being too low compared to the national average and they needed to be raised. At this point, my dog was sick and I just kept the insurance. The following year there wasn't a large increase and they assured me that they wouldn't have a significant increase like that again. Fast forward 3 years later and they have changed underwriters. Now my premium has increased by $10-$15 per dog, raising my premium by $380 a year. At renewal, the company hid this significant increase by lowering my dogs coinsurance from 80% to 70% without my authorization. They said they did this automatically to not have my premiums raise significantly. When I asked them to change my policy back to what I authorized (what I signed up for) I then saw this large increase to my insurance rates. Had I not read my declaration page very closely, I would not have noticed this small change to my policy and wouldn't have seen this increase in premium. This is being done during the covid-19 pandemic and most insurance companies are offering discounts to their clients. Figo, is changing your policy design without your consent to hide the insanely large increase to your premiums. This company uses unethical business practices to lure you in with very low rates, knowing that after 4 years your dogs will have been to the vet several times and anything your dog has been to the vet for, another pet insurance company with not cover because it will be considered a pre-existing condition. Figo let me know that if I cancelled my policy, no other insurance company would cover my dogs cancer treatment. So either I pay the new high premium or just create a savings account to save an emergency fund for my dogs.

Figo always responds quickly to accurately to claims. Thanks for your great work!

I've had this insurance for over 4 years. In January, the price went up 235%. I have never filed a claim before, but have been attempting to in the last few months, as my dog recently got Cushing's Disease. It is impossible to file. Despite sending them reams of documents, they still say it isn't enough. Don't buy this - I've given them hundreds of dollars for absolutely no results, and now I can't get insurance for this costly disease anywhere else as it is an existing condition. They are all very polite, but it is still impossible to get any claim filed. Do not buy from this company.

Worst experience I have ever had with an insurance company, and that includes auto insurance which is saying something. Paid my premiums for a year, COVID-19 pandemic hit and I get notification that my premiums are increasing by over $6/mo and my benefits are being decreased substantially. Annual benefit decreased by $4k most notably. Went back and forth with customer service who didn’t listen to what I was saying and just regurgitated prepared statements. Then, proceeded to blame their underwriters. When that failed they blamed my state, and told me to reach out to state policy makers because it was their fault. When the rest of the country is looking out for each other and lending a helping hand to their neighbors Figo raised premiums, slashed benefits and blamed everyone but themselves. Please think about that before you give your business to a company charged with helping your family through difficult times.

Worst experience I have ever had with an insurance company, and that includes auto insurance which is saying something. Paid my premiums for a year, COVID-19 pandemic hit and I get notification that my premiums are increasing by over $6/mo and my benefits are being decreased substantially. Annual benefit decreased by $4k most notably. Went back and forth with customer service who didn’t listen to what I was saying and just regurgitated prepared statements. Then, proceeded to blame their underwriters. When that failed they blamed my state, and told me to reach out to state policy makers because it was their fault. When the rest of the country is looking out for each other and lending a helping hand to their neighbors Figo raised premiums, slashed benefits and blamed everyone but themselves. Please think about that before you give your business to a company charged with helping your family through difficult times.