Outrageous premium increases

1
Out of 10

I have 5 dogs insured through PetPlan. Two of them have been insured for four years, since they were 1 year old; another for 3 years and 2 puppies since last year. All the premiums at the beginning were reasonable. No recent claims have been filed, but this March, PetPlan increased two premiums by over 30%! I just got a renewal notice for my other dog with an increase of over 50%! I have never filed a claim on that policy, and the dog is only 4 years old. I'm cancelling all 5 of my policies with PetPlan and going with another pet insurer. May sound like a good deal at first but these premium increases are outrageous!!

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Injury/illness
none
Claim Amount
Under $100
Breed

Labrador Mix

Age of Pet
1 - 8

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Posted: 10/04/2012
By: Disenchanted

I switched my dogs over to PetPlan last year from a reputable company. At the time of my first renewal, my premiums increased significantly on both dogs, one resulting in a $200+ increase and the other one wasn't far behind. Why the increase? The area in which I live got a price adjustment and the mixed-breed dog category got an adjustment. One dog got a year older, from 3 to 4, also resulting in an adjustment.
Wow, was I ever suckered in. I am going back to 24PetWatch.