- Report: #1519956
Complaint Review: Embrace Pet Insurance - Cleveland Ohio
Reported By:
Nicholas -
Chicago, Illinois, United States
Submitted:
Updated:
-
Author Confirmed
Why?
Embrace Pet Insurance
4530 Richmond Road Cleveland, 44128 Ohio, United States
Phone:
(800) 511-9127
Web:
https://www.embracepetinsurance.com/
Categories:
Business Rating:
(1)
Tell us has your experience with this business or person been good?
Embrace Pet Insurance The annual premium increases are userous Cleveland Ohio
As comforting it is to have health insurance for my cat, the rate increases are atrocious. I insured my pet a year ago, passed all of the inquiries and waiting periods, paid on time every month, and this week, I received an email explaining that my monthly payment will be increasing by almost twenty bucks for this coming year.
When I called and asked about it, the representative explained that the rates increase by 25-35% per year due to the pet's age. Let me repeat that: 25-35% PER YEAR. At this rate, my cat's health insurance will cost more than my own health insurance next year.
I expressed that this policy, by their underwriters, is egregiously excessive and she replied that I could reduce the monthly payment by adjusting my policy to a higher deductible or reduced coverage. I am already searching for a new company to insure my pet as I won't be keeping Embrace unless they have some flexibility on their monthly payments without reducing my coverage.
Unless you plan on paying exorbitant amounts of money to cover your animal, I would strongly suggest shopping around for a plan that is not so deceptively inflationary that it borders on usury.
1 Updates & Rebuttals
Karl
Highlands Ranch,Colorado,
United States
Feel free to...
#2Consumer Comment
Sat, July 23, 2022
email a copy of your Ripoff Report to all of your Local TV News Stations and put it to the attention of “Investigative Reporter”. Maybe someone will contact you and do a story on TV about the drastic price increases. (This comment is being submitted at Ripoff Report #1519956)
Good luck to you and your cat!
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