Pet insurance

Vulcan208

My renewal quote for pet insurance for my 2 year old dog has gone from £57 per month to £91!
This is with ManyPets, we used to find these really good as they would pay the vet directly but this all stopped and it took around 6 months to get paid for a claim.
I just don't know whether it's worth shopping around as my dog had pancreatitis last year (first and only case of this) however I would want him to be covered if this ever repeated as he was hospitalised and it became quite expensive. Luckily he's fine and he's very healthy however at only 2 years old I dread how much it will go up in future.

sheramber

The claim for the pancreatitis will have contributed to the increse in premium.

That is how most companies work and why Petplan is favoured by many , as thye do not increase premiums based on a claim. They do increase them inline with rising costs.

Insurance comapnies are in business tom make a profit for the shareholders, not a subsidised source of vet costs.

How much dod you claim compared to what you have paid in premiums.

Petplan paid out more than  I paid them over th years.

A cliam for a cruciate repair meant I had 10 years of premium to pay until I paid the innsurance company a sum ewuiuvalent to how much they paid out.

And, I still had cover for any fiuther vet costs.

I had another dog who never had a claim so the insurnace company were quids in.

That is the gamble.but I had peace of mind

Vulcan208

sheramber said:

The claim for the pancreatitis will have contributed to the increse in premium.

That is how most companies work and why Petplan is favoured by many , as thye do not increase premiums based on a claim. They do increase them inline with rising costs.

Insurance comapnies are in business tom make a profit for the shareholders, not a subsidised source of vet costs.

How much dod you claim compared to what you have paid in premiums.

Petplan paid out more than  I paid them over th years.

A cliam for a cruciate repair meant I had 10 years of premium to pay until I paid the innsurance company a sum ewuiuvalent to how much they paid out.

And, I still had cover for any fiuther vet costs.

I had another dog who never had a claim so the insurnace company were quids in.

That is the gamble.but I had peace of mind

Well previous to this we had 2 dogs on the policy but unfortunately lost one of them just over a week ago. The policy went from £128 to £57 for the month prior to renewal. Our other dog had kidney disease, but as there isn't much treatment for this we've paid in more than they've paid out but not by massive amounts. The hospitalisation cost us around £1k. I'd never go completely without insurance as it would make me way too anxious! Just wondered whether looking into insurance and adding on an existing condition may be worth it but not sure I'll find a better price either way.

DullGreyGuy

Vulcan208 said:

I just don't know whether it's worth shopping around as my dog had pancreatitis last year (first and only case of this) 

This will be your problem, almost all pet insurers exclude pre-existing conditions. There are only a handful that say they will cover any pre-existing condition but most of them it will be significantly restricted in the first year.

There are some that will consider pre-existing conditions, eg PetPlan, but its on a case by case basis and they dont say yes to everything.

Savvy_Sue

Of course a key question with pre-existing conditions is whether or not it's likely to recur. Do you know what the situation is with pancreatitis?