My annual premium last year was $903. This year the annual premium jumped to $2628 for the same coverage. This is not a typo. A 300% increase. She was 8 years at the time of adoption, now 15, after 7 years with Petplan never had a claim. At her age I cannot just switch insurance. On a fixed income, I have no choice but to opt for much less coverage, while the premium will still be hundreds of dollars more. Feels like extortion.