1
out of 5
POSTED: | BY: Andrew
298% premium increase
I invested in a policy for my 13 year old cat Rosie, who is in perfect health. After paying my premiums for two years Trupanion notified me that my premiums would increase by 298%, which now makes this policy completely unaffordable. Rosie has not required any medical care and has no claims. Trupanion claims they don't set premiums based on age yet they kept telling me the 298% increase reflects the correct premium for a mixed breed cat of Rosie's age. The only solution offered to me to offset the astronomical increase was to increase the deductible, which is simply more money out of my pocket. I am absolutely agreeable to paying a reasonable increase but I can no longer trust this company.