Veterinary Pet Insurance - Overcharged
I began insurance coverage with our 7 lb. Yorkie six months after he was born in 2001.
At first, it was a fair rate at approximately $17.00 per month, BUT, even though I've never made a claim over $150, (healthy dog) the premium has steadily gone up over the years and is now at $81.00 per month!!! The problem being (which I'm sure they know) is that it's difficult to switch and get new coverage from another provider with a dog that's over 14 years old and now I'm kind of stuck :( Horrible company and what they do is actually criminal, but just like MANY things in this corrupt country, there's not much you can do about it - LOL
Reason of review: Pricing issue.
Location: Villa Park, Illinois
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Same thing happened to me. When VPI changed to Nationwide, premiums sky-rocketed.
They want us to cancel the policy because our dogs are older now and will have increased claims submitted. Out of principle, I will eat mac n cheese for dinner every night if i have to in order to afford my dogs $81 monthly premium.
Here is the reason that you have so many issues-This was in a press release:
Nationwide has been VPIโs underwriter since it was founded in 1982 and acquired the company outright in 2009.
If you track the consumer issues and complaints you will quickly see a correlation between the acquisition time and an increase in consumer complaints. Obviously the issue literally is "Nationwide".