Thread: What pet insurance?

I know that within our surgery the prices don't "inflate"due to insurance,but where I think the inflation comes in is within the "referral clinics" & insurers themselves,same as with car,house etc.People are going for referrals more,their prices are sky high,fair enough within reason because of the equipment they hold but in the last few years a lot of the prices seem to have become very inflated even just to walk in the door because basically if you are walking in there the insurance companies will pay but then,I think this is were we get hit,the insurers have to put up the monthly premium to offset all the extra they are paying out to these type of clinics.I think it is very wrong how a lot of people have been insured for years,never claimed a penny because the companies seem to know at what level to pitch the excess & then suddenly because your animal reaches a certain age bang up goes the excess to some stupid level plus the premiums & all with never having claimed anything,surely having paid faithfully over several years of your animals life they should give you something back,I always think it is robbing Peter to pay Paul,also basic premiums are now so high compared to what they used to be the normal person on a basic wage has no chance of meeting them.Thats another reason why I am happy to have my own pet fund.

Originally Posted by jckkerrison

I know that within our surgery the prices don't "inflate"due to insurance,but where I think the inflation comes in is within the "referral clinics" & insurers themselves,same as with car,house etc.

No, I know that bit - in fact it would be illegal to charged insured customers differently. My ongoing concern is that price inflation is not checked in the service industries where the majority of income is derived from insurance payouts. Like you say, insurers just lift premiums in the next year to cover rising costs and continue to make their profit and all competition based on price vanishes from the market. And we, the consumer, gets screwed.

I always think it is robbing Peter to pay Paul,

Oi!