Over 100% Premium Increase Following Claim

VetsMediCover - www.vetsmedicover.co.uk
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Guest's review of VetsMediCover - www.vetsmedicover.co.uk

“Over 100% Premium Increase Following Claim”

★★★☆☆

written by on 05/04/2013

I have held a policy with VetsMediCover for 2 years and, until recntly would agree with other comments regarding the excellent policy and service of the company.
Unfortunately I had to made a claim in 2012 for a major operation for my dog. The cost was less than half the £10,000 allowed per annum, the money was promptly and efficiently paid out within 2 weeks of the claim. However, a month before my next premium was due, I received a letter to say that to take into account my claim's history my premium will rise from the proposed £336 per annum to £720 per annum, an increase well over 100%. This is an impossible high rise to budget for, particularly for a pensioner in her 80s.
What I did find scary is that when I spoke to one of the renewal team they did not seem to be aware that they were pricing many of their clients out of insurance cover and those are likely to be those that most need it.
Very few of us make unnecessary claims for our pets and I am willing to pay an higher excess to keep premiums manageable, vet cost now are usually well over the exisiting excess and I never claim.
Pet Insurance Companies should find out what their clients prefer from insurance over, a £10,000 fee allowance is of little use if the premium rises too high for clients to afford. Less cover on complementary therapy and a choice on excess would allow clients to get the most important treatments covered.

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Jim-K's Comment

Written on: 22/04/2013

I totally agree with this review they have done the same thing to me i have made a claim they are trying to get out of it after paying half (£1000) and my premium is now £120 a month for two bulldogs

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Mab16's Comment

Written on: 02/08/2013

Ive just had the same, made a claim last year admittedly it was £3.9K but was for a one off leg bone/growth issue that needed scans & surgery but isn't a continuing condition, premium renewal letter up from £28/month to £120/MONTH................. £1440 PER YEAR!!!!!! ARE THEY HAVING A LARF
im back on the web getting quotes from £17-£60 with any pre conditions not covered.......PERFECT as i say the leg is a one off.......im totally amazed they even bothered sending the new quote........nice knowing you vets medi but get real, im off

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