Pet Insurance Cost Cutting System/MoneySavingExpert.com Discussion

Sunnylooloo

Angie I just read your thread........ it is a joke eh!!

devildog

In my opinion this is what all the insurers do, not just Sainsburys. I was with Pet Plan for 8 years, never had a claim and the premium over the years went up from less than £10 per month to just under £50 pm. I switched to Sainsburys and the premium went down to £16/£17 pm(huge difference to nearly £50pm!!) At remewal the premium did rise quite sharply(again no claims) but still came in less than Pet Plans previous year quote. I believe that all companies will raise their premiums/excess year on year(regardless of any claims) and if you have needed to make a claim and the animal has an ongoing condition then you should be glad that it is covered.

Sunnylooloo

I just think it is a joke that with Sainsburys (taking the dog out of the equation with the ongoing condition) They quoted me for a renewal for one of my cats at £15 (he has nothing on going and is realitively young) went up up by £2 from the previous year, yet if I went on their website and insured him as a new pet I could get it for £10 - it is the same cat, nothing on going - so where is the logic in that?

I think apart from the dog it would seem the best option for me is either put the money aside myself for any vets costs each month or shop around each year for the best deal providing they don't have any pre-existing conditions

devildog

LOL only £2

I agree with your sentiments about putting money aside yourself each month as I dread to think how much I have paid out for unclaimed cover over the past 9 odd years. Hound is now well in to old age so this was the best option for me but for a younger animal I would think twice about this as you need to be pretty sure that nothing major is going to happen. Oh for a crystal ball!

thesim

Every pet insurer puts the premiums and excesses up each year. If you are lucky its nothing to do with any claims and just your pets age and vet fee inflation

If your unlucky, its also gonna go up with any claims.

moomin5

I don't think its uncommon unfortunately as they like to reel in new customers with the low initial price and then your stuck with them if your pet has to claim for an ongoing condition. At least your dog is stuck with a decent policy rather than a poor one.

I'm with NFU and while i'd like there vet fee cover to be a bit higher over the 3yrs we've been with them the premium hasn't risen much and even with no claims i did expect it too. They offer a discount when you renew too which at least makes it seem a bit fairer if your a loyal customer.

Sunnylooloo

Haha devil dog it was £2 on that cat - but in total for all 4 pets it worked out a lot of money and it just makes me mad that they will take the cat as a new customer at a cheaper rate - its the same cat.

I am in two minds about putting the money aside...

At the end of the day I'm a sucker I want the best for my pets as we all do and I will pay the premiums to keep them covered and withthe dog she will stay with Sainsburys for her ongoing condition, I think i just needed to have a good rant that they seem much more concerned with new customers than old but it appears that this seems to be same accross the board. (sorry I do need to say that when I have had a claim with Sainsburys on the whole they have been very efficient in processing the claim)

Thanks again for your comments really appreciate it.

LL

albacookie

thesim wrote: »

Every pet insurer puts the premiums and excesses up each year. If you are lucky its nothing to do with any claims and just your pets age and vet fee inflation

If your unlucky, its also gonna go up with any claims.

The taxes associated with insurance policies have apparently also gone up.

It is annoying that people aren't rewarded for loyalty. Did you look at going to Axa direct? M+S caught out a lot of people when they changed underwriter and the terms and conditions changed drastically - if you use a company that underwrite their own policy that can't happen.

Oh and the cashback - you should have a 14 day cooling off period so you could cancel the new policy with no penalty and go through Quidco.

Sunnylooloo

O that is an idea about the cashback if I have the cooling off period - I am sure she did say that I had 14 days - so good thinking!

Hmm nope I didn't go to Axa direct - again another option.

Yep you have hit the nail on the head it really was that they didn't care about loyal customers at all that is what grated. I did fire them off another email after I had cancelled the cat's policy so be interesting if they reply or if I will get the normal computer generated response.

thanks again everyone
x

MaximumImpact

Hi all

I am currently insured by the NFU for 2 cats and 2 dogs.....I have started looking around today as my insurance has gone up to around £390 per year.....

Well, flabbergasted doesn't even cover it!! I have checked comparison sites and the cheapest insurance I can get for one of my dogs is £410 with the same cover I have now.....

Can anyone recommend any companies that do bulk pet insurance or do I have to do each animal seperately.....

Out of interest M & S want £1400 for my animals!!!!

I am now going to lie down!!!

Any ideas would be great or do people think I have a good deal and to stick to it???

MI