Usurious rate increase

2
Out of 10

I have a 1 1/2 year old Golden Retriever. My rates were in the mid $30. I went with them because of their guarantee never to raise rates unreasonably or just because your pet ages. Also, my local Petco stores recommends them. I received a letter in August saying that my insurance was going to double. When I called to find out why, I was told that they hadn't raised their rates in 4 years so their raise had to reflect the rising cost of pet health care. My vet says that their estimate is ridiculously high. I have called Petco to let them know about the practices of a company they recommend. Where else can i report them?

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Injury/illness
None
Claim Amount
Under $100
Breed

Golden Retriever

Age of Pet
1 - 8

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Posted: 02/28/2012
By: Dave Mick

Yeah, I remember that too "never to raise rates unreasonably or just because your pet ages" Why then do they keep going up and the older cat more so???