When your pet receives treatment, you will receive an itemized bill for the vet services. Then, you will submit a claim to your pet insurance company. After review and approval, the pet insurance company will reimburse you, usually within 5 to 7 days. The average reimbursement level ranges from 60% to 100% depending on the plan; most of the popular plans reimburse 80% to 90% of the total bill. The most common deductible amounts are $100, $200, and $500.