Pet insurance has become a mainstream financial product as veterinary costs climb. Three companies stand out for different needs in June 2026.
Figo leads for comprehensive coverage and fast reimbursement. The company offers accident-and-illness plans that cover hereditary conditions, behavioral issues, and wellness add-ons. Pet owners can choose deductibles ranging from $100 to $1,000, with reimbursement levels hitting 90 percent at the highest tier. Figo processes claims through a mobile app, delivering payouts within days rather than weeks.
Pumpkin targets cost-conscious owners seeking affordable premiums without sacrificing major coverage. The plan covers accidents, illnesses, and hereditary conditions from day one, with no breed restrictions. Pumpkin's accident-only option provides budget relief for owners who want catastrophic coverage at rock-bottom rates. The company also reimburses wellness visits up to $500 annually on select plans.
MetLife brings brand recognition and bundling options for owners with multiple pets or existing MetLife insurance. The company offers three plan tiers spanning basic accident coverage to comprehensive illness protection. MetLife's waiting periods remain longer than competitors, typically 10-14 days for accidents and up to 30 days for illnesses.
What separates these three matters for your wallet. If your dog or cat needs frequent vet visits, Figo's faster claims processing and higher reimbursement caps save money over time. If budget is tight, Pumpkin's entry-level plans cost 30-40 percent less monthly than competitors while maintaining decent coverage limits. MetLife works best for existing customers bundling policies, though standalone coverage costs more than Pumpkin.
Veterinary costs in 2026 average $400-$800 annually for routine care and can exceed $5,000 for emergencies. Pet insurance