The cost rises dramatically

7
Out of 10

I've had Petplan for years now on all 4 of my dogs. Now that they are older, the plans have gotten so expensive, I may have to drop the insurance. $600 per year for each dog for a $200 deductible and 80% coverage? A little much! Not sure what I'm going to do. I have had good experience with them other than the dramatic cost increase.

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Injury/illness
Claim Amount
$100 - $500
Breed

Mixed Breed

Age of Pet
Over 8 years

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Posted: 03/26/2015
By: Anne

Yes, I have had Pet Plan for exactly one year,my dog is just turning 3 years old, a mixed breed in perfect health - we've made no claims - and they are raising our premium 33% after just one year. I called the company and spoke to them and they told me it is indeed possible this will happen every year. In which case, by year 10 I will be paying $3,318 for one year, and will have paid out over $12,000 total.When I signed up I pressed them about premium raises and they really downplayed it, saying maybe 5% or 10% occasionally.