Pet Insurance Premium Increase
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Once enrolled keep in mind that as your pet ages your pet s premium will increase.
Pet insurance premium increase. Premiums increase as pets age the saying better with age applies to wine and fine cheeses but probably has never been said about pet insurance premiums. We were shocked when we received notice that our premium was increasing 45 after our first year 55 month to 80 month. Pet insurance does factor in the age of your pet at enrollment and renewal. Meanwhile the average annual pet insurance.
Unfortunately we ve had to file a number of claims this year due to multiple utis and cases of giardia. While embrace will never reduce the coverage for aging pets the premiums do go up a bit each year as our pets get older to account for the increasing risk of illness. Find more information here. Pet insurers also cite this statistic.
A record number of pets in north america more than 2 million were covered by insurance last year up nearly 17 percent according to the north american pet health insurance association. 45 annual premium increases. That sounds scary but in a country of 185 million cats and dogs that s about a 3 percent chance over a year. 45 annual premium increases.
We ve had healthy paws for 10 months to cover our golden retriever puppy.
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