Pet Insurance

Companion Protect Pet Insurance Review: Instant Coverage With No Waiting Periods


Last Updated: August 10, 2023 | 3 min read | Leave a Comment

This content was reviewed by our licensed insurance agent, Michelle Schenker.

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Dog at vet (caption: Companion Protect Pet Insurance Review)

Companion Protect offers a pet insurance policy that differs widely from every other provider we’ve reviewed (and we’ve reviewed a lot). With an in-network setup and some requirements you don’t see from other providers, does Companion Protect stand above or fall short compared to such stiff competition in the pet insurance industry? We’ll give you all the details you need to know to make the best decision for your situation.

Companion Protect Pet Insurance Review

Product Name: Companion Protect Pet Insurance

Product Description: Companion Protect offers pet insurance for dogs and cats.


Companion Protect is the only pet insurer incorporating in-network and out-of-network vet care. It has good in-network benefits with no waiting periods and a free annual wellness. However, using an out-of-network vet can become expensive, and in-network vets may be located far from your home.

Our pet insurance experts read through each pet insurance company’s policy to provide detailed comparisons and information regarding how a provider fares against others in the industry. We also speak with customers, read online feedback, and communicate one-on-one with pet insurance companies to obtain a well-rounded, unbiased analysis of a company’s standings.

Our team rates pet insurance companies based on several factors, including A.M. Best ratings (an indicator of financial stability), claim processing reputations, contract coverage, customer service, pricing, plan customizations, and more.

Overall Score



  • Premiums don’t increase due to your pet aging
  • No waiting periods
  • No upper age limits
  • Good in-network benefits
  • Multi-pet discount up to 15%
  • Free annual wellness exam (with in-network vet)
  • Coverage for alternative and holistic care


  • Lifetime payout limits
  • No information about annual payout limits
  • Using an out-of-network vet can be pricey
  • Inflexible policy options
  • Strict prior approval requirements
  • No wellness plans available
  • Doesn’t cover your pet if they travel outside the U.S. with you
  • No BBB rating

Alternatives To Companion Protect

While Companion Protect has a unique spin on its pet insurance offering, it didn’t make it into our top picks for best pet insurance providers. Our experts have analyzed over a dozen pet insurance providers. Check out our pet insurance reviews to learn more about this year’s top-ranked companies. You can also use our free tool below to get multiple quotes instantly.

Key Features

  • Underwriter: Aspen American Insurance Company
  • May require an exam prior to enrollment if your pet hasn’t had one in the last 12 months
  • Free annual wellness exam (if you use an in-network veterinarian)
  • Requires prior approvalfor the following (except with emergency treatment):
    • Surgeries and overnight hospitalization (they also reserve the right to select the provider of any surgical procedure)
    • Covered services and treatments over $2,500
    • Veterinary specialist fees
    • Hip dysplasia treatment
    • Organ or tissue transplants
  • Claims process:
    • In-network veterinarians will submit claims on your behalf and be reimbursed directly
    • For out-of-network veterinarians, their sample policy states: “You should report to us any covered services obtained from an out-of-network veterinarian within seven (7) days of completion of the treatment or covered service to initiate a claim. Claims initiated more than sixty (60) days from the date of the covered service may be denied.”
    • Can submit claims and check status online
  • They allow up to 30 days for out-of-network claim repayments, but average 3-5 business days
  • Agile Health Insurance sells Companion Protect pet insurance policies

Pre-Existing Conditions

Pet insurance providers don’t cover pre-existing conditions, but the specific definitions can vary by company. Companion Protect defines a pre-existing condition in their policy as:

Pre-existing Condition(s) means any Injury, Illness, or other condition which was identified or suspected prior to or at the time of enrollment or diagnosed by a Qualified Veterinarian or Qualified Staff prior to the effective date of this policy.

Customer Service

  • Email:
  • Phone: 800‑304-9930
  • Live chat
  • FAQ and blog
  • Hours: Monday — Friday from 8am to 8pm CST and Saturday — Sunday from 9am to 6pm CST

Waiting Periods*

Companion Protect Pet Insurance waiting periods

Unlike all other pet insurance providers we’ve reviewed, Companion Protect has no waiting periods in its policies, so you have coverage for your pet as soon as your policy is active. Most providers have a 2-15 day waiting period for accidents and/or illnesses once your policy begins.

*Waiting periods for California, Delaware, Louisiana, Maine, Mississippi, Nebraska, New Hampshire, and Washington are as follows:

  • Accidents - 0 days
  • Illnesses - 14 days
  • Cruciate Ligament Conditions - 30 days
  • Routine Care - 0 days

What Does Companion Protect Cover?

Please know that none of the providers in our pet insurance comparison cover pre-existing conditions or cremation and burial costs. All of them cover the following items when deemed medically necessary: x-rays, blood tests, ultrasounds, cat scans, MRIs, rehabilitation, specialized exams, surgery, hospitalization, emergency care, specialty care, hydrotherapy, chronic conditions, cancer, diagnostic treatment, alternative/holistic therapy, and euthanasia. However, there may be limitations to this coverage, so please check your policy.

ConditionCovered By Companion Protect
Exam Required To Set Health BaselineCheckmark
Behavioral TherapiesX
Exam FeesX
Wellness Care Available For An Extra FeeCheckmark
Non-Routine Dental TreatmentCheckmark
Hereditary ConditionsCheckmark
Congenital ConditionsCheckmark
Prescription MedicationCheckmark
Breed, Whelping, PregnancyX
Cosmetic Procedures (e.g., Tail Docking, Ear Cropping, Dew Claw Removal) Unless Medically NecessaryX

Pricing Quotes

Unlike many other pet insurance providers, you don’t have the option to choose from a variety of reimbursement and deductible levels with Companion Protect. And you get knocked if you don’t use one of their in-network veterinarians. Here’s how Companion Protect handles these:

  • In-network vets: 90% reimbursement, $50 deductible, and 10% co-pay
  • Out-of-network vets: 80% reimbursement, $100 deductible, and 20% co-pay
  • A $200 deductible applies for all surgeries (in-network and out-of-network)
  • A $200 deductible applies for all out-of-network emergency clinics
  • Medication: 10% co-pay and 90% reimbursement
  • Prescription Food: 50% co-pay; deductible does not apply

Additionally, Companion Protect has a lifetime payout limit of $100,000 but doesn’t list any annual payout limit restrictions on its website or in its sample policy.

We’ve gathered some sample prices from Companion Protect. Individual premium prices are based on location and age (they have two categories: seven weeks through under seven years old or seven years old+). Unlike many other providers, they don’t base premiums on your pet’s breed or gender. Our quotes are from December 2020.

Dog DogDogDogCat
LocationVirginia (22901)California (90210)Indiana (46201)Florida (33601)Illinois (60169)
Price Per Month Under 7 Years Old$44.99 $59.99 $44.99 $41.99 $22.99
Price Per Month 7+ Years Old$67.99 $89.99 $67.99$78.99$33.99

What’s Our Final Verdict?

Companion Protect does have some good things going for it — competitive premiums that don’t increase as your pet ages, no waiting periods, etc. However, to get the most out of their benefits, you’d want to go with one of their in-network vets.

This in-network model is highly unusual in the pet insurance industry. Other providers let you use the vet of your choice without “penalties.” We’re also not crazy about their relatively strict prior approval requirements (again, an unusual practice in the industry today).

The only customer reviews that we could find online were on their Facebook page, and all of those were positive. We would also expect to find reviews in other locations with a broader range of experiences, especially for a company that has been around since 2015.

If you’re unsure if Companion Protect is the best fit for your pet insurance needs, you’ve got lots of options. See our top picks for pet insurance to see how they compare. And you should always get multiple quotes to compare coverage and costs to find the best value for your family.

The information provided through this website should not be used to diagnose or treat a health problem or disease; it is not intended to offer any legal opinion or advice or a substitute for professional safety advice or professional care. Please consult your health care provider, attorney, or product manual for professional advice. Products and services reviewed are provided by third parties; we are not responsible in any way for them, nor do we guarantee their functionality, utility, safety, or reliability. Our content is for educational purposes only.

Disclaimer: Information regarding insurance company offerings, pricing, availability, and other contract details are subject to change by the insurance company at any time and are not under the control of this website. Information published on this website is intended for reference use only. Please review your policy carefully before signing up for a new insurance contract or any other contract as your unique circumstances will differ from those of others who may be used for example purposes in this article.

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