Your dog or cat is your friend for life! With pet insurance, you get to give them the veterinary care they deserve. Pet insurance softens the blow of expensive veterinary bills and helps you plan ahead with the necessary veterinary care your pet may need throughout their life.

Pet insurance protects your pets and gives pet parents more veterinary care services than those without pet insurance. 

A study by the American Veterinary Medical Association (AVMA) shows that pet parents with health insurance found that owners with pet health insurance were more likely to have a preventive health care plan for their dogs. When you have pet insurance, it is much easier to follow veterinary recommendations.

Petsy Pet Insurance is another award-winning pet insurance company that offers extensive coverage with no sublimits. There are no lock-in contracts, and you can cancel at any time. The takeaway with Petsy pet insurance is that it covers up to 80% or 90% of eligible veterinary bills and helps relieve the financial strain of veterinary bills. 

Who is Petsy Pet Insurance?

Petsy Pet Insurance is the exclusive pet insurance provider to Costco Australia. When taking out a new Pet Insurance Policy, Costco Executive Members get a three-year shop card worth $30 to $600 yearly. It’s a high-ranking cat and dog pet insurance policy with a high reimbursement rate of up to 80% or 90% and a maximum annual claim limit of $25,000. 

The takeaway with Petsy pet insurance is that their premium policy, Top Cover, includes routine and dental care, which most other pet insurance only offers as an add-on benefit. Petsy Pet Insurance has been awarded numerous accolades for the following:

• Best for Value Pet Insurance- WeMoney 2024
• Best for Young Pets Pet Insurance – WeMoney 2024
• Finalist – Pet Insurer of the Year – WeMoney 2024
• Finalist – Best for Value (Multiple Pets) – WeMoney 2024
• Highly commended in ‘Pet Insurance – Value’ – Finder 2023
• Highly commended in ‘Pet Insurance – Comprehensive’ – Finder 2023
• Outstanding Value Pet Insurance – Canstar 2023
• Outstanding Value Pet Insurance – Canstar 2024
• Expert’s Choice Award – Mozo 2024

Petsy Pet Insurance Top Cover

Petsy offers one policy with no sub-limits, making it easy for pet parents to know that their cats and dogs will be covered even for costly treatments up until the annual limit of $25,000. You can easily customize this coverage and opt for excess and lower reimbursement rates for your pets to reduce premiums. With Petsy, you can build your policy or choose the Petsy Top Cover option.

Petsy also offers a policy for indoor cats and adopted cats and dogs, including kittens and puppies. Petsy pet insurance insures cats and dogs exclusively and does not cover horses, birds, or reptiles. 

However, Petsy does not offer customers a GapOnly service, meaning you’ll have to pay veterinary costs upfront and wait for your claims to process before claiming the cost back from the provider. There’s also no coverage for pets over nine years of age if you’re not already on the policy.Additional perks to Petsy Top Cover pet insurance without customizations include the following:

• 80% or 90% of claims covered
• $25,000 annual limit
• 5% multi-pet discount
• You can select the top level of coverage, which has the available options pre-selected at the highest level.
• You can customize the options to choose your preferred level of cover to suit you and your dog.
• No annual sub-limits
• Includes spaying and neutering
• Coverage starts at 6 weeks through nine years.
• No sub-limit for tick paralysis
• Excess options include $0, $150, $200, $300,& $500

Petsy offers a short one-day wait period for injuries and 14 days for illnesses, compared to the usual 30-day wait period. Another perk is that Petsy does not have sub-limits on conditions when making claims. 

For example, it’s common for pet insurance to have an annual sub-limit for things like cruciate ligament and tick paralysis. We also like that Petsy’s Top Cover plan includes routine care like vaccinations, deworming, spaying, and neutering. Here are some additional things we like about Petsy pet insurance:

• Pet insurance for puppies and kittens features a $30,000 annual limit with no sub-limits.
• There’s a special yearly limit bonus for young puppies starting a new policy before they turn 1.
• Cover for injury and illness with the option to include dental disease, alternative therapies, and behavioral problems.
• Cruciate Ligament benefit of $25,000
• Emergency boarding benefit of $25,000
• Optional extra benefits include alternative therapies, behavioral problems, and dental illnesses like periodontal disease and gingivitis.

What to Consider

Petsy can cover up to 90% of veterinary bills, especially for costly surgeries and treatments. And if you’re a fan of Costco like we are, with an executive card, you get a shop card worth $30 to $600 each year for three years when taking out a new Pet Insurance Policy. 

Before purchasing pet insurance, speak to your veterinarian and insurance specialist to learn more. All pets have different health needs, and if you have a senior pet or a breed that may be prone to a breed-specific condition, opt for a pet insurance policy that covers hereditary and genetic conditions and breed-specific conditions. 

Before taking out pet insurance, you should enroll your cat or dog during puppyhood or kittenhood to ensure lifetime coverage before a health issue occurs, which may not be covered if you enroll after your cat or dog gets ill. Many breed-specific conditions are commonly excluded from standard pet insurance policies. This means that you would get no coverage for the following common health issues:

• Hip dysplasia
• Kidney issues
• Retinal disease
• Heart disease 
• Diabetes mellitus in some cat breeds like the Burmese.
• Bloat seen often in Great Danes, St. Bernards, Setters, and Doberman Pinschers.

1. Does Petsy Pet Insurance Cover Dental?

Yes, Petsy pet insurance offers dental coverage as part of their Optional Extra Benefits. Petsy says you must apply for the Optional Extra Benefits before your cat or dog turns three. The downside is that it does not cover routine or elective dental procedures, like teeth cleaning or pre-existing symptoms and conditions related to dental issues that your pet has had before enrolling in this plan.

That said, as part of the Extensive Coverage plan, there are no sub-limits on treatment costs or veterinary expenses related to dental illnesses if selected as part of the Optional Extra Benefits plan. Petsy pet insurance dental coverage includes treatment for the following:

• Gingivitis
• Abscesses
• Periodontal disease

2. What is Pet Insurance for Indoor Cats?

Even if your furbaby stays indoors, it’s beneficial to have indoor cat insurance. Petsy offers comprehensive indoor cat insurance with up to a $25,000 annual limit and no sub-limits. There’s also a $0 yearly excess available for all cat parents.

You’ll be able to customize the indoor cat insurance plan with the Optional Extra Benefits package to get optimal pet insurance benefits, which include beneficial veterinary treatments like:

• Alternative Therapies
• Acupuncture
• Physiotherapy
•  Hydrotherapy
• Behavioral issues include excessive licking, fur pulling, pacing, and destructive chewing. ( dogs and cats)

3. What Major Illnesses Are Covered?

Some of the major illnesses covered include some vaccination diseases, but you must have proof that your pet has been vaccinated and is up to date on their vaccinations.

• Cancer
• Ingestion of foreign objects
• Diabetes
• Heart disease
• Renal disease
• Hyperthyroidism
• Gastrointestinal problems (medical)
• Gastric dilatation-volvulus (GDV)
• Anal gland disorders