Wagmo Policies and Pricing
Wagmo is primarily known for its wellness plans, which are different from traditional pet insurance. Unlike insurance plans that are strictly monitored and require agents to determine claim eligibility, wellness plans are like membership plans. This means that Wagmo will cover eligible day-to- day essentials and preventative expenses.
Wagmo offers three wellness plan options that vary in the number of pet services and the maximum reimbursement amount. Wagmo covers vaccines, fecal testing, routine exam fees, dental cleanings, and heartworm treatments, among others.
Unlike many pet insurance companies, Wagmo guarantees a 24-hour turnaround on reimbursements. This means that pet owners receive their routine care reimbursements within one day of filing their claim. Most pet insurance companies take between eight and 10 business days to reimburse policyholders.
According to Wagmo ’s website, it won’t exclude coverage regardless of breed, age, or medical history. And these factors will also not raise your monthly wellness plan premium.
The value plan is the cheapest option for dogs and cats. The plan starts at $20 per month and offers an annual maximum reimbursement of $350 per year. The plan covers one office visit, two vaccines, one round of routine blood work, and one round of fecal testing. This means that Wagmo will only reimburse a certain number of treatments every year.
The classic plan costs a bit more, but it is the most popular option for pet owners. The plan starts at $38 per month and offers an annual maximum reimbursement of $650 per year. This plan covers one office visit, three vaccines, one round of blood work, one round of fecal testing, one round of urinalysis, $100 toward parasite prevention, and $100 toward grooming.
The deluxe plan is the most expensive wellness option, starting at $65 per month. It has an annual maximum reimbursement of $1,100 per year. The plan covers two office visits, four vaccines, one round of blood work, fecal testing, and urinalysis, $200 toward parasite prevention, $200 toward grooming, and $100 toward dental care.
Wagmo ’s wellness plans do not cover any fees associated with accidents or illnesses.
Accident and Illness Coverage
Wagmo also offers traditional insurance plans that cover accidents and illnesses. However, these plans are not available nationwide. Wagmo offers to reimburse 100 percent of veterinary treatments for hip dysplasia, cancer, urinary tract infections, cherry eye, fractures, and foreign body ingestion surgery.
Wagmo offers three different plans that vary in annual deductible. Each plan offers a $10,000 incident limit, a $100,000 lifetime limit, and a 100 percent reimbursement rate. This means that Wagmo will reimburse the entirety of qualifying veterinary invoices but will not pay more than $100,000 throughout your pet’s life. The monthly cost of each plan depends on the breed, location they reside in, and age. The plans cannot be customized.
The cheapest plan has a $1,000 deductible, which means Wagmo will not reimburse any claims until you pay $1,000 out of pocket toward qualifying vet bills. The second most expensive plan has a $750 deductible, and the most expensive plan has a $500 deductible.
Wagmo does not have breed restrictions, but it won’t cover hip dysplasia treatments in pets over the age of six. It also won’t cover pre-existing conditions, dental surgeries, breeding expenses, or alternative therapy.