Editor’s note: Bivvy Pet Insurance no longer issues new policies. Instead, we encourage our prospective customers to purchase pet insurance coverage through Spot Pet Insurance, one of the best pet insurance companies.
BV’s website doesn’t provide much information, but we spoke to representatives over the phone and confirmed that the company is out of business.
If you have an existing policy, BVV will continue to provide cover until the policy anniversary date. You can find this date on the description page of your policy.
Many advantages and disadvantages of pet insurance
- It offers a reasonable price
- All types of family pets are covered
- A recent test is not required
- Authorized customers are allowed to make a gift of pet insurance
- Stopped taking new applications
- Waiting times were long.
- It offers lower coverage limits
- It does not cover pre-existing conditions.
- It doesn’t work nationally.
Advantages are explained
The price was affordable.
BV Insurance charges $14 to $15 to insure any pet. The company said it will not increase premiums if you file a claim. This makes Bivvy an affordable pet insurance provider.
All types of family pets are covered
BV was one of the few insurance companies that covered other family pets besides dogs and cats. The company offers insurance for frogs, geckos, rats, lizards, snakes, turtles, tortoises, goats, opossums, ferrets, chameleons, hamsters, guinea pigs, rats, rabbits, chinchillas, hedgehogs, iguanas, gerbils, pot hogs, and other rodents.
BVV covers most birds, although it does not specify the species that can be insured.
A recent test is not required
BV does not require a recent exam before covering pets. Therefore, even if a pet is prone to disease, prone to certain conditions or at risk of frequent diseases, BV can still be insured.
Authorized customers are allowed to make a gift of pet insurance
BV allows customers to purchase pet insurance coverage as gifts for their family or friends. However, it requires listing the family member or friend as the policyholder and listing the customer as the payee only.
Disadvantages explained.
Stopped taking new applications
According to its official website, BVV is not issuing new pet insurance policies. Instead, the company encourages new applicants to take out pet insurance coverage through Spot Pet Insurance.
Bivvy does not renew existing policies, and coverage for all current policies expires on their anniversary date.
Waiting times were long.
Pet insurance providers set waiting periods (the amount of time it takes for coverage to start after purchasing a policy) to protect themselves from scams from customers trying to insure pets that have already been injured or sick.
For accidents and illnesses, waiting times are generally one to 14 days. Canine orthodontic treatments usually have a longer waiting time, ranging from 14 days to six months.
BV had an above-average 30-day waiting time for infections and a standard 14-day accident waiting time. Canine orthopedics had a longer waiting period of 12 months (in some states).
It offers lower coverage limits
Most pet insurance companies offer coverage limits between $5,000 and $30,000 per year. This is the maximum amount the insurer will pay you for claims made in a 12-month period.
Bivvy had a minimum annual limit of $3,500 and a lifetime limit of $25,000. It had options for compensation rates of 50% and down to $250 per year. While deductibles were standard in the pet insurance industry, reimbursement rates were much lower. Most insurance providers offer payment rates between 70% and 90%.
It does not cover pre-existing conditions.
BV insurance does not cover pre-existing diseases in pets. These refer to health problems that pets (excluding congenital and hereditary conditions) had prior to BV coverage.
Despite this limitation, it was standard practice among most pet insurance providers. BV does not treat conditions that have occurred during the waiting period as prediagnosis unless the pet has shown no symptoms for 12 consecutive months.
It doesn’t work nationally.
BV pet insurance is available in 39 US states and the District of Columbia.
Many pet insurance plans
BV offers two insurance plans: Standard Accident and Sickness Policy and Health Care Supplement.
Accident and disease plan
This was BV’s primary policy, and covered a wide range of tests, injuries and illnesses. Covered tests and services include:
- Diagnostic treatment
- Blood tests
- X-ray
- Ultrasound
- Chronic conditions
- Congenital conditions
- Hereditary conditions
- Surgeries
- Cancer treatment
- Orthodontic treatment
- Hospitalization
- Prescribed medication
- Emergency care
In addition to pre-existing conditions, BV does not cover the following in its accident and illness plan.
- Combing
- Vaccinations
- Regular or preventive care
- Cosmetic surgeries
- Neuter or spay procedures
- Food
- Preventive dental care including teeth cleaning
- Boarding of pets
- Non-emergency ground ambulance services
- Air ambulance services
- Confinement or use of confined animals in veterinary medicine
BV health care
BV sells health cover as a supplement to its standard accident and sickness plan. The supplement was sold for $9 a month and paid for routine veterinary expenses like vaccinations and preventative care.
Below are the items included in Bivvy’s wellness care add-on and the coverage limits for each:
| Cover | LIMIT |
| Health examinations | 40 dollars |
| microchip (implantation) | 20 dollars |
| Drying the worm | 20 dollars |
| Rabies vaccine | 15 dollars |
| Other vaccines | 15 dollars |
| FELV screen | 15 dollars |
| Urine test or ERD | 15 dollars |
| Flea, tick and heartworm prevention | 15 dollars |
| Heartworm test | $10 |
Many pet insurance rates
A BV pet insurance policy costs a flat $14 or $15 depending on your state. The plan price is applied to all pets. You can also add the optional Bivvy Wellness care plan for $9/month.
The first premium payment was on the date of registration (although this is not an option as BV no longer accepts new applications). Subsequent payments are due every 30 days. BV accepts debit cards, credit cards and ACH payments.
Financial stability of BV pet insurance
BV is not rated by AM Best, a credit rating agency focused on the insurance industry. It is also not rated by Fitch Ratings, Moody’s or Standard & Poor’s, all major credit rating agencies.
Access to many pet insurance
BV’s website includes information about insurance plans, coverage limits, how to access your user portal, payments or claims, and how to contact the company by email. It doesn’t have a chat feature, nor does it list hours of operation.
Availability
BV Pet Insurance in Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Maryland, Maine, Michigan, Minnesota, Missouri, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Verrigan, Rhode Island, South Carolina, South Dakota, Wisconsin, West Wisconsin, Wisconsin, Wisconsin, Rhode Island
Plans did not exist in Alaska, California, Kentucky, Massachusetts, Mississippi, Montana, North Dakota, New York, Oklahoma, Pennsylvania and Washington.
Contact address
Bivvy customer service is available toll-free at 1-855-434-3744 and by email at [email protected]. You may also write to CUMIS Insurance Association, Satellite Office at 5910 Mineral Point Road, Madison, WI 53705. The Company does not offer preferred contact hours.
User experience
The BV website is easy to navigate. You can log into your online account to submit claims, change payment information or update contact details. After you submit a claim, BVV says it will begin a review within one business day and make a decision within minutes. The company does not have a mobile app.
Bivvy pet insurance customer satisfaction
BVV is not accredited by the Better Business Bureau (BBB) and not rated by JD Power or BBB.
Is Bivvy pet insurance good?
Bivvy Pet Insurance no longer issues new policies. It was a good option for customers looking for an affordable monthly premium. However, the accident and illness plan had lower coverage limits.
Is Bivvy Pet Insurance Legal?
Yes, BV Pet Insurance is provided by CUMIS Insurance Society, Inc. He was a licensed pet insurance provider. The latter has provided insurance, financial and technology services for over 55 years.
How does BVV pet insurance work?
For $14 or $15 a month, BVV provides accident and disease coverage for any pet, not just dogs and cats. For an additional $9, customers can purchase Bivvy’s Wellness Care plan with a regular policy. This supplement is paid for routine veterinary expenses such as preventive care and vaccinations.
The company worked on a compensation model.What does BVV pet insurance cover?
BV’s accident and illness policy covers many diagnostic tests (X-rays, ultrasound and blood tests) and hereditary and hereditary conditions, accidents and other medical procedures.
The wellness plan covers routine veterinary expenses, including preventive care and vaccinations.How we rated BVV pet insurance
We considered the following factors in evaluating Bivvy and its pet insurance plans.
- Valuing: BV stands out because it charges a flat premium that is affordable for all pets.
- Available Add-ons: Add-ons allow policy owners to customize their policies to their pet’s needs. The more extras available, the better. In this regard, BV fails.
- Coverage Limits: A higher coverage limit will help you meet expensive or ongoing medical expenses. BV margins were significantly below the market average.
- Eligible pets: Most pet insurance companies only cover dogs and cats. BV was different because it offered policies for all family pets.
- Pre-existing conditions: Pet insurance for pre-existing conditions can help you get medical care for a pet that is already sick. Like other pet insurance providers, Bivvy does not cover pre-existing conditions.
- National Availability: BV is not available in every state, making it inaccessible to some pet owners.
- Customer Support: Bivvy provides a phone number, email and postal address.
Summary of Money’s Bivvy pet insurance
For some pet parents, pet insurance can be worth it. Financial assistance can be provided when your pet becomes ill or injured, eliminating unexpected pet expenses and emotional stress. However, premiums can be higher, especially when pets are older.
While Bivvy Pet Insurance is no longer issuing new policies, it stands out by offering a flat rate that is affordable regardless of pet’s age, type or size. Unlike many providers, BV covered a variety of family pets beyond cats and dogs.
However, BV had limitations such as low coverage limits, long waiting periods, and exclusion of pre-existing conditions. (And of course, it went out of business.)
If you’re sold on pet insurance, read our guide to the best pet insurance companies. Some of our best picks have been around for decades and provide reliable coverage for a variety of pets.