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In This Review:

Farmers Pet Insurance Review ( 2025 Guide)

By:
Quartz Advisor Reviews Team
By: Quartz Advisor Reviews Team QZ.com
12/20/2023 10:23 AM
In our Farmers Pet Insurance review, we gave the company a 3.7 out of 5.0 and the best pet insurance company for Farmer’s Insurance members.

Owning a pet can be a lot of fun, but it can also be a big responsibility. Whether you get a little puppy, a kitten or an adult dog from a shelter, you’re going to be responsible for this pet all the days of its life. Making sure your pet gets proper medical care when needed is an important part of being a good pet owner. Pet insurance is a good way to ensure you can afford to pay for veterinary care for your pet. Farmers Pet Insurance is there to help you take care of your pet. Through a collaboration with Pets Best, Farmers is able to offer excellent pet insurance that can be customized to meet your needs and the needs of your pet.

Farmers Pet Insurance Plans and Coverage

Farmers Pet Insurance reimburses pet owners for 90% of covered veterinary services and also gives them the choice of three different policies: Best Benefit Accident and Illness, Accident Only and Wellness Routine Care. The Best Benefit Accident and Illness plan, which is the most comprehensive and the most popular, covers the following.

  • Accidents like lacerations or broken bones
  • Illnesses like allergies, cancer, ear infections, arthritis, diabetes and skin infections
  • Surgeries
  • Hereditary conditions
  • Congenital conditions
  • Cancer treatments
  • Physical rehabilitation
  • Prescription medications

The Accident-only option is a cost-saving policy that helps pay for services resulting from accidents. Regardless of the breed or the age of the animal, it’s offered at $9 per month for dogs and $6 per month for cat insurance. In Washington, the rates are $10 and $7, respectively. This policy does NOT cover any illnesses.

Farmers Pet Insurance does not cover the cost of exam fees; wellness and preventative care; your deductible; pre-existing conditions; elective or cosmetic procedures; and conditions that happen during the policy’s waiting period. The Wellness Routine Care can be purchased as an add-on to either the Accident-only policy or the Best Benefit Accident and Illness plan. It offers extra coverage to help pay for regular veterinary services not normally covered, like vaccinations, annual checkups and preventative medication for ticks and fleas.

To give you an example of what you can expect to pay in premiums, we’ve put together a few sample quotes on different dogs and cats to give you an idea of what to expect to pay in premiums.

Quote 1

The first quote is for insurance on a 1-year old, female Cocker spaniel dog with a $200 deductible, 90% reimbursement and unlimited payout amounts. The premium for their most popular plan is $30.34 per month. Changing the deductible to $100, $200, $500 and $1,000 resulted in monthly premiums of $39.79, $32.80, $22.03 and $12.53.

Quote 2

This quote is for a 2-year old, mixed-breed male dog weighing between 20 and 55 pounds with a $250 deductible, 90% reimbursement and unlimited payout amounts. The premium for their most popular Plus plan is $27.15 per month. Changing the deductible to $100, $200, $500 and $1,000 resulted in monthly premiums of $35.60, $29.35, $19.71 and $11.22.

Quote 3

This quote is for a 6-month old, female American Longhair cat with $200 deductible, 90% reimbursement and unlimited payouts. The premium for the most-preferred plan is $18.25. Changing the deductible to $100, $200, $500 and $1,000 resulted in monthly premiums of $23.93, $19.73, $13.25 and $7.54.

Quote 4

This quote is for a 4-year old male mixed-breed cat with a $200 deductible, 90% reimbursement and unlimited payouts. The premium for the most-preferred plan is $16.07. Changing the deductible to $100, $200, $500 and $1,000 resulted in monthly premiums of $21.08, $17.37 and $11.67 and $6.64.

Although Farmers Pet and Pets Best proudly offer a 90% reimbursement rate, pet owners can choose to lower the reimbursement rate to lower their premiums. By lowering the reimbursement rate from 90% to 80% on the Cocker spaniel’s $250 deductible policy, the premium goes from $30.34 to $27.31.

While this savings might not seem like a lot, it can result in about $50 less per year in premiums. Pets Best also offer other discounts to pet owners. One of the discounts offered is a 5% discount for people who insure more than one pet with Pets Best.

Limits

Farmers Pet has a 14-day waiting period for illnesses and a 3-day waiting period for accidents and injuries. What this means is that if your pet is injured or becomes ill before the waiting period is up, the condition will be considered pre-existing and will not be covered.

Once the waiting period is up, all covered conditions are paid at up to 90% reimbursement. Unlike many other pet insurance companies, Farmers Pet does not have any limitations on the annual payout amounts or on the pet’s age.

Deductibles

A policy’s deductible is the amount you are required to pay before the insurance company will pay for anything. Farmers Pet offers you a variety of deductibles: $50, $100, $200, $250, $500 and $1,000, so you can choose the one that best meets your needs. The lower your deductible, the higher your premium will be.

Although they offer an unlimited payout amount, you can also choose a $5,000 annual payout amount to give you lower premiums. Depending on the plan you chose, you can also choose from a 70%, 80% or 90% reimbursement amount. Farmers Pet offers all sorts of options to ensure you get the policy you want at a price you can afford.

Claims

Farmers Pet has an excellent reputation regarding their claims processing. Your claim is typically processed without five days. If you so choose, you can have it directly deposited into your account at no additional fee. All you need to do is show the original paid invoice, a signed claim form and proof of payment. You can also submit the claim through a mobile app or over the internet.

Methodology

​​Here at Quartz, our research team looks to examine all pet insurance policies and comes up with reviews based on:
  • Coverage
  • Plan options
  • Cost 
  • Reputation
  • Customer service 
  • Species available
  • Wellness benefits 
We’ve created a 5-star rating system to score pet insurance brands based on a 100-point scale. To develop a list of the best pet insurance plans, we looked into plans, rating coverage, claims handling, reimbursements, deductibles, and limitations.  Each factor is weighted differently based on the following factors:
  • Monthly Pricing (25 points): How each pet insurance company charges for their plans is a crucial part of the decision-making process of the customer. Affordable rates and comprehensive coverage are the defining characteristics of providing the best pet insurance.
  • Coverage (20 points): We scored companies based on the treatments and procedures they cover. Providers offering broader coverage and more unique treatments received more points.  Pet insurance policies are not offered by all companies for older pets. Providers who have an age limit on the pets they cover were deducted points.
  • Plans (15 points): Pet insurance providers offer accident-and-illness plans, accident-only plans, wellness add-ons, and pet preventive care add-ons, so customers can choose the right plan for their pets. We also factored in costs to achieve the most comprehensible review for your pet’s needs.
  • Customization Options (10 points): You can ensure your pet only gets what they need by customizing your policy. A higher score was earned by providers who offered a greater range of annual limits, deductibles, and reimbursement rates.
  • Customer Service (10 points): We scored companies based on their website accessibility and usability, mobile apps, and grating points to companies with the most customer experience options.
  • Industry Reputation (10 points): We assessed each company’s industry reputation by reviewing up-to-date BBB ratings and accreditation information, as well as their years of experience in the industry.
  • Waiting Periods (10 points): Companies with shorter accident and illness waiting periods scored higher than companies with longer waiting periods.
Our team revisits each company’s information at the end of every month to make updates and ensure the information is as accurate as possible.

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