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Head-to-Head Comparison

Nationwide vs. Figo

Fortune 100 legacy carrier vs. tech-forward newcomer

Last updated: March 2026Compared by Mike (AAI, PRC, SBCS, CCIC)1 min read

Our Verdict

Figo edges ahead for most pet owners with stronger overall value. Nationwide may be the better choice for owners who prioritize its specific strengths.

Which One Is Right For You?

Real-world scenarios where Nationwide or Figo comes out ahead, based on the categories where each wins.

If…

You have a high-risk breed prone to cancer, IVDD, or hip dysplasia where lifetime claims could exceed $30,000

Choose

Figo— the higher coverage limit gives more catastrophic protection

If…

You're on a tight budget with a young, healthy pet and want the lowest possible monthly premium

Choose

Figo— base premiums run noticeably lower for healthy young pets at comparable coverage tiers

If…

You just adopted a new puppy or kitten and want accident coverage to start as fast as possible

Choose

Figo— its short accident waiting period gets you covered before the first chaotic weeks are over

If…

You want a financially rock-solid underwriter that will reliably pay claims for the next 15+ years

Choose

Nationwide— backed by a higher-rated insurer with stronger long-term claim-paying capacity

If…

You want one policy that covers routine care like annual exams, vaccinations, and dental cleanings

Choose

Nationwide— its wellness coverage handles the predictable annual routine bills, not just emergencies

Frequently Asked Questions

Real answers comparing Nationwide and Figo on the questions buyers actually ask.

Nationwide

3.8/5

Exotic pets and Fortune 100 financial backing

Winner

Figo

3.9/5

100% reimbursement and tech-forward experience

Category-by-Category Breakdown

Coverage Limits

Nationwide

$10K annual

Figo

$5K–Unlimited

Figo offers superior coverage limits for catastrophic protection.

Monthly Premiums

Nationwide

$35–$100

Figo

$20–$80

Figo offers lower base premiums for most demographics.

Accident Waiting Period

Nationwide

14 days

Figo

1 day

Figo's 1 day accident waiting period is shorter.

Claims Speed

Nationwide

5–30 days

Figo

3–10 days

Tie

Both carriers have comparable claims processing times.

Financial Stability

Nationwide

Nationwide (A+ (Superior))

Figo

Independence American (A- (Excellent))

Nationwide's A+ (Superior) rating provides superior financial backing.

Wellness Coverage

Nationwide

Available

Figo

Not available

Nationwide offers wellness coverage; Figo does not.

Deductible Options

Nationwide

$250 only

Figo

$100–$1,500

Tie

Both carriers offer deductible options to fit different budgets.

Expert Take

M

Mike

Licensed Insurance Professional (AAI, PRC, SBCS, CCIC)

Nationwide is the establishment; Figo is the tech-forward challenger. Figo's 100% reimbursement option, 1-day accident waiting period, and Pet Cloud app represent a more modern approach to pet insurance. Nationwide's standard plans feel dated by comparison — lower coverage limits, longer waiting periods, and a less intuitive claims process.

Where Nationwide competes is on breadth: exotic pet coverage, wellness options on premium plans, and multi-policy discounts. Figo's ownership changes (Hartville acquisition) introduce some uncertainty, while Nationwide's Fortune 100 status provides unquestioned stability. For standard dog and cat coverage with a modern experience, Figo is the better product.

Nationwide is the choice for exotic pets, bundling discounts, or pet owners who prioritize brand stability above all else.

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