3
out of 5
POSTED: | BY: Juju
Ridiculous rate hikes
Got this insurance for my puppy when she was very young. We’ve probably had three or four claims that were actually paid because she’s not been sick or had too many emergencies. We have not had a claim at all that has been paid in the last few years. When we first signed up we were told that the rates could be expected to increase 5 to 10% per year which I thought was fair. However, in the past two years even with no claims a rate has doubled to $100 a month. Got this insurance for my puppy when she was very young. We’ve probably had three or four claims that were actually paid because she’s not been sick or had too many emergencies. We have not had a claim at all that has been paid in the last few years. When we first signed up we were told that the rates could be expected to increase 5 to 10% per year which I thought was fair. However, in the past two years even with no claims a rate has doubled to $100 a month. She’s only seven years old so what do they expect me to pay when she is older 200, 300, no, I think that I will just start her a savings account right now with the money that I would be paying them. I was hoping to keep it for her entire life as goldens tend to have a lot of congenital issues and I’ve had three of them that I’ve had cancer. But if the rates they are charging, I will be paying more out-of-pocket for Insurance than if I paid out-of-pocket for medical care