State Farm® Unleashes Medical Insurance for Pets through Trupanion®
Helping the pets we love get the best veterinary care
Most pet owners consider their pet as a member of the family. With a pet comes lifelong joy and companionship. Keeping a dog or cat healthy when the unexpected happens can be expensive. Injury or illness can put any owner in the financial doghouse. That is why State Farm has partnered with Trupanion to provide medical coverage for your pet and pocketbook.
Budgeting for pet expenses such as food, grooming, or day care is straightforward. Planning for an accident, illness, or injury is not. The last thing any pet owner wants to decide is whether they can afford to treat their beloved dog or cat for illness or injury. Medical insurance for pets makes the decision easier, allowing for the care they need, when they need it most.
Trupanion’s high-quality medical coverage is designed for the life of the pet. Trupanion pets are never penalized for being “unlucky” and incurring claims. Nor do they raise rates just because a pet ages. Trupanion is the only provider that can pay the veterinary invoice at the time of check-out, often in seconds, eliminating the need for pet owner reimbursement. The option to enroll puppies and kittens from birth, with as few pre-existing conditions as possible, means even better coverage.
“Pet health issues can be unexpected and expensive,” says Ken Heidrich, Agency Vice President at State Farm. “Pet medical insurance helps reduce the stress of veterinary medical bills, allowing families to focus on their beloved pet. We’re excited to expand our alliance with Trupanion and offer this product as a way to help even more customers prepare for and recover from the unexpected.”
Customers in all 50 states and the District of Columbia can now enroll for Trupanion medical insurance online through statefarm.com®. While the short-term focus of this expansion is the online channel, work is underway to enable expansion of the agent channel in all other states.
“We are thrilled to help State Farm better serve all of their customers by making Trupanion’s high-quality medical coverage available for their pets,” said Margi Tooth, Chief Revenue Officer for Trupanion. “Designed with input from veterinarians, our comprehensive product coverage, 24/7/365 customer service and ability to pay veterinarians directly at the time of checkout, provide what we believe is the best value proposition in the industry.”
Trupanion is the leading provider of medical insurance for pets, insuring more than 500,000 cats and dogs in North America.
Trupanion will provide all pet medical insurance policy servicing. Underwriting or claims decisions will be at the sole discretion of Trupanion. Policyholders can access their pet medical insurance account and make changes to deductibles through the Trupanion website.
Pet owners can sign up for medical insurance for their pet by visiting the State Farm website at www.statefarm.com/insurance/pet. In addition, pet owners in Arizona, Illinois, Indiana, Colorado, Missouri, and Oregon can visit directly with a State Farm agent to sign-up for coverage.
In the News:
- New York Times: A Rare Economic Bright Spot in the U.S. Health System: The Vet’s Office (08/10/20)
- Forbes: Virtual Vets Are Raking In Funding—Is Pet Telehealth The Next Big Thing? (08/06/20)
Media: Michael Nank,firstname.lastname@example.org 206-436-9825
- Investors: Laura Bainbridge, Head of Corporate Communications, InvestorRelations@trupanion.com 206-607-1929
For 100 years, the mission of State Farm has been and continues to be to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its more than 19,400 agents and approximately 53,400 employees serve over 87 million policies and accounts – which includes auto, fire, life, health, commercial policies and financial services accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 42 on the 2022 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.