Quote:
Originally Posted by aweitzm1  I have Healthy Paws and I understand your concern. I bought it 5 years ago at around $42.00 now I pay $69.97 a month. I will say though once you put in a claim and go to another insurance company it is considered pre-existing issue. I am stuck with Healthy Paws for Thumper.
They have their positives and negatives in my opinion. I will say they are very easy to get reimbursed. Because of Thumper's health issues I get my money back each year no matter how much they raise me.
I will say I pay the same amount for Bella and she is completely healthy and younger with Nationwide. I was told by the time she is Thumper's age I can be paying over $2k a year in insurance. I will say Nationwide covers more than Healthy Paws so that is why I like them.
Some thoughts I have as to why we are all seeing rate spikes is that 5 years ago not as many people were getting Pet Insurance. Now more pet owners are getting it. So the more claims they pay out the more they charge in premiums over all. I get it. Its a business and they need to make money. I don't always think it is right but see the other side of the situation.
I have done extensive research on Pet insurance and find it worse than human insurance. I have to be my pet's advocate and fight sometimes to get reimbursed sometimes.
Also be aware with Healthy Paws deductible it is calculated different than other insurances. For instance if you have a $250 deductible a year your more likely paying $275 a year because they first deduct the 90% off the bill than apply the difference to the deduction.
Whereas Nationwide if the bill is $100 and you have a $250 deductible its straightforward. |
The killer for me was that if I increased my deductible, they treated me as a new client and jumped my rate even higher then if I kept the 90%. But as I said above it worked out great for us as it caused me to look and find a cheaper, better Insurance with TruPanion. Instead of the $84.87 we now will pay $42.07, yes its a $700 out of pocket but its a better 90% as the $700 is a lifetime one pay for that condition not annual like HealthyPaws. Ginger so far is healthy and the $700 dollars is not that big a deal, we manly want it for catastrophic occurrence. Another point about higher deductible's is if and we do you save the $22 monthly savings, in 3 years you have it covered