Pet insurance massive increase

Buzzard1985

My pet insurance for a cat has went to £271 pm.  I complained they upheld but gave me £150 cheque as the jump from £80 to current was clearly distressing. Can go to ombudsman-leaflet was enclosed. 
I don't know what to do here.  She had lymphoma 3/4 years ago. nasal.  She just turned 9.     I honestly don't know what to do.   MoreThan provider.

sheramber

Not much you can do  other than pay it or cancel insurance and put money away in a separate account for future vet bills.
No other company will cover any pre existing condition or anything that can be related to it.

The ombudsman will not deal with a complaint about premiums  as it  is considered a marketing decision.

QuackQuackOops

I wouldn't pay it.
But I don't get pet insurance....never have never will. 

RelievedSheff

I certainly would not be paying that much. Put the money away that you were paying each month to cover any unexpected vets bills in the future.

KxMx

It is a high amount, but even £271 a month may not get you far if you needed it after a few months, compared to the thousands of cover insurance provides.

I had a £3k diagnostic bill for my cat (after another several hundred at local vet), big bills don't always come through extensive treatment. 

Mnd

Is it a month? I thought it was a lot if it was a year

KxMx

Op posted pm so I took that to mean £271 monthly. 

Buzzard1985

They sent me a £150 cheque as a gesture.   Just emailed to cancel not paying it.  Lesson learned.  Never take out pet insurance.  Reconsidering my dog insurance

RelievedSheff

Buzzard1985 said:

They sent me a £150 cheque as a gesture.   Just emailed to cancel not paying it.  Lesson learned.  Never take out pet insurance.  Reconsidering my dog insurance

I wouldn't say never take it.

We insure our 3 year old dog. But his insurance is only £12 per month for £12k lifetime cover. When his insurance starts getting expensive then we will start putting money aside each month and self insure instead.

sheramber

RelievedSheff said:

Buzzard1985 said:

They sent me a £150 cheque as a gesture.   Just emailed to cancel not paying it.  Lesson learned.  Never take out pet insurance.  Reconsidering my dog insurance

I wouldn't say never take it.

We insure our 3 year old dog. But his insurance is only £12 per month for £12k lifetime cover. When his insurance starts getting expensive then we will start putting money aside each month and self insure instead.

I would start putting money away now as you may get a big bill the first month you stop the insurance and have  nothing to cover it.
Better to build  up a pot of money before you stop the insurance.

reynoldnicholson

Agree with you guys!