We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
All insurances increase premiums when a pet gets older as there is more likelihood of higher and/or ongoing claims. Most also increase premiums if you make a claim.
That is why premiums tend to be cheaper if you haven’t claimed.
Most also introduce a copayment as well as the excess once the animal reaches a certain age.
This is explained in the policy document which you should read carefully before taking out the insurance, so you know what cover you get.
Previous years’ premiums are lost when the year ends. There is no credit carried forward to another year and there is no credit for being an ongoing client.
Insurance companies are not a charity for pet owners. They are in the business of making a profit for their shareholders.
