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Originally Posted by SirTeddykins  If it makes you feel any better, we're 35 and they tried it with us every year until we canceled but I do think that they hope you just let payments rollover and not ask any questions. The pet insurance market is oversaturated so anytime there is a loss from the premium pool which threatens profit the whole of the insured panel gets increased premiums. That's the way of insurance. Unfortunately, because pet insurance is so cheap compared to other insurances, the pool is smaller so the increases are bigger. Still, though, I don't believe any of the reasons they give for premium increases at such rates apart from market saturation and profit margins.
Just shop around and if you need any help, I'm happy to help you? Whatever insurance you decide on, check who the policy is underwritten by because that is the important part - not the price or the policy name or company! Check if it is underwritten by one or more than one company because that will affect how claims are settled and the time it takes for settlement.
Also, John Lewis had some good insurance deals the last time I checked for Yorkies? I don't think Yorkies are considered particularly high risk. The high risk dogs are the smashed faced breeds like pugs, bulldogs and some of the breeds which are considered guard dogs like Rottweilers, Dobermans, etc.
Hope this helps and good luck! |
Again thank you, I had a chat with Direct Line, who explained the increase upon the fact that I had received a 50% discount last year when I transferred from 'Pet Plan'. I have to say a very pleasant young lady proceeded to work out premiums for both Crystal & Holly viz: For both £24.71 ($38 .44) per month. This is for £4k ($6k) in vets fees in 12 month, with a £160, ($240) excess per claim. Also there would only be the 'age related' increment next year - whatever that means?
Included are Death from accident, Loss from theft or straying, Boarding fees, Holiday cancellation and Third party liability, in case my 'Yorkie Terrorists' succeed in licking someone to death between them
. The underwriter here is UK Insurance, who I think also own Churchill and Green Flag etc and are the UK's biggest MGA?
This was still more expensive than the rest. I would choose John Lewis as an alternative, I think? For year 1 for both dogs they came in at £15.77 monthly ($24), but Vet fees are reduced to £3000 ($1500) each. But they guarantee lifetime cover. This means that if say Crystal used her £3,000 limit in one year on vets fees, I could claim again on the same diagnosis a further £3,000 and thereafter annually.
For only £1.80 a month extra 'Homebase' were offering £5,000 in vet fees per year.
I'll find out who underwrites both of the above before renewal later on next month and update?