Comparing Figo Vs Lemonade Pet Insurance

What’s the Difference Between Figo and Lemonade?

When it comes to pet insurance, there are a number of different providers to choose from. Figo and Lemonade are two of the most popular providers, but their coverage options and pricing differ significantly. To make an informed decision, it’s important to compare the two and understand the differences between them.

Figo is a pet insurance provider that offers a range of plans to cover both cats and dogs. The company is known for its customizable plans and the ability to add riders to expand coverage. Lemonade, on the other hand, is a newer provider that focuses on providing low-cost pet insurance with no frills and no hidden fees.

Figo Coverage Options

Figo offers a variety of coverage options and riders for both cats and dogs. The company offers basic accident and illness coverage, as well as comprehensive plans that cover preventative care, prescription drugs, and more. Figo also offers riders for additional coverage, such as dental and wellness, that can be added to any plan.

Figo’s plans are customizable, so you can choose the coverage that best suits your needs. You can also adjust the deductible and annual maximum to fit your budget. Figo also offers a discount if you have multiple pets.

Lemonade Coverage Options

Lemonade’s coverage options are slightly more limited than Figo’s. The company only offers one plan that covers accidents and illnesses, as well as routine care and prescription drugs. Lemonade does not offer any additional riders to expand coverage, but the plan does include coverage for alternative treatments such as acupuncture and chiropractic care.

Lemonade does not offer customizable plans, so you cannot adjust the deductible or annual maximum. However, the company does offer a discount if you have multiple pets. Lemonade also offers a 30-day money back guarantee, so if you’re not satisfied with the coverage you can get a full refund.

Cost Comparison

When it comes to cost, Lemonade is generally more affordable than Figo. Lemonade’s plans are priced based on the pet’s age and the coverage level you choose, with prices starting as low as $10 per month. Figo’s plans, on the other hand, start at $20 per month, but the cost can vary significantly depending on the coverage level and deductible.

Overall, Lemonade is the more affordable option if you’re looking for basic coverage. But Figo’s customizable plans and additional riders may be worth the extra cost if you need more comprehensive coverage.

Which is Right for You?

Ultimately, the choice between Figo and Lemonade will depend on your individual needs. Figo is a good choice if you’re looking for a customizable plan with lots of coverage options, while Lemonade is better for those who are looking for basic coverage at a low price.

No matter which provider you choose, it’s important to compare coverage options and pricing carefully to make sure you’re getting the best deal for your pet. And don’t forget to check for any discounts or promotions that may be available.