
Originally Posted by
dandelos
Looks like I forgot to post my update for 2016. Here is an updated history of the annual premiums for Skippy's (currently 7.5 years old) Petplan policy since year 1 --
2017: To be determined (see below)
2016: $750 ($10k vet fees, $200 ded., 80% reimbursement) = 11% increase (the vet fees coverage went up but strangely enough, I don't recall manually making an changes to our coverage)
2015: $681 ($8k vet fees, $200 ded., 80% reimbursement) = 36% increase
2014: $499 ($8k vet fees, $200 ded., 80% reimbursement) = 29% increase
2013: $527 ($8k vet fees, $200 ded., 100% reimbursement) but reduced to $386 ($8k vet fees, $200 ded., 80% reimbursement) = 28% increase
2012: $413 ($8k vet fees, $200 ded., 100% reimbursement) = 25% increase
2011: $330 ($8k vet fees, $200 ded., 100% reimbursement) = first year of policy
This year's renewal letter just arrived, and it says something about a change in PetPlan's underwriter, which Petplan said resulted in them having to "adjust the cost of (their) premiums" and a "steep rate increase".
I played around with their plan builder on their website, and if I want the same coverage in 2017 that I had in 2016, my annual premium will be a WHOPPING $1497!!!! I am able to get a $808 premium however, if I increase the deductible to $500, and reduce the reimbursement to 70%.
Decisions, decisions.
Put your money in the bank....
Chuck, Cooper and Nina
Shelter dogs aren't broken. They've simply experienced more life than other dogs. If they were human, we would call them wise. They would be the ones with tales to tell and stories to write. Do not pity a shelter dog. Adopt one.
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