1
out of 5
POSTED: | BY: Maria Marcano
Premium increased by 61% in one year!
I switched from another provider to Embrace a year ago after we welcomed our second dog. After an uneventful year, we received the renewal quote yesterday and the monthly payment increased by 61%. I called assuming this must have been some sort of mistake and it was explained to me that even though one can expect an increase of around 25% (already huge) the reasons why the policies typically increase are: how long we have had a policy as well as age of the pets since over time the likelihood of needed insurance increases and inflation. We have had the policy for 1 year and no payments made to us as we have young dogs and inflation has been hovering between 4% - 6%, however the policy went from 150$ aprox. to 244$ per month. The only option given was to review the coverage in order for the monthly payment to change. Stay away from this company, I can only imagine how much the premium will increase if I ever file a claim and is paid.
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