How has Embrace Insurance been criticized for price increases?

General Forum
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Hey everyone, how has Embrace Insurance been criticized for their price hikes? I’ve noticed they’ve jacked up premiums significantly. For my 3-year-old mixed breed dog in Seattle, the monthly rate has gone from $33 to $111 over two years, with no changes to my policy or vet. It started at $33, jumped to $69 last year due to some claims, and now it’s $111! I’ve been with Embrace since 2012. Their response was basically that premiums go up over time, but this feels pretty predatory. Anyone else dealing with this? Any suggestions for switching or ways to seek consumer protection? They also refused coverage for a tooth issue, calling it a dental illness.

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Yeah, I’ve noticed Embrace’s rates are pretty steep. I opted not to go with them because of all the complaints about rising costs. :face_with_raised_eyebrow:

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What did you end up choosing instead? Are you happy with it? Coverage costs similar at 80%?

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We went with MetLife pet insurance. I read a lot of positive reviews, and they don’t have limits on exam fees or vaccinations. In our area, a pet exam costs $70, and MetLife covers 80% of that after the deductible. No limits on other expenses like vaccinations or microchipping either. :paw_prints:

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We’re in WA too and have had Embrace for a year for our four pets. Even though we never used it, our premium shot up from $205 to $329. We’re thinking about canceling and saving that money instead. Our vet has also mentioned that many clients are complaining about rising pet insurance costs. :confused:

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I’m really sorry to hear that. It’s becoming pretty common for insurance premiums to skyrocket. Many companies are raising rates or even dropping coverage entirely. The pet insurance industry is struggling, partly due to inflation and high vet costs. It’s tough out there. :disappointed:

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Thanks for the insights. It’s a sad reality that people might have to give up their pets due to the cost. I’m considering switching to Lemonade, which quoted me $56 for similar coverage. They said rate hikes are usually around 25-30% per year. Or I might just save $250+/month for a personal doggie fund. What do you think? :thinking:

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Lemonade sounds like a good option to explore, especially if their coverage terms seem more reasonable. Saving up for a personal doggie fund is also a smart move. It might give you more control over your expenses and care decisions. :+1:

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I agree with you @FrankMathews . Lemonade’s offer seems fair compared to Embrace. And having a savings buffer can really help manage those unexpected vet bills🌟

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It’s always a gamble with insurance companies these days. Prices seem to be climbing everywhere. Staying on top of different options and building up a savings fund could be your best bet :bank:

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Definitely keep shopping around. Rates and coverage can vary a lot between providers. And setting up a personal savings plan for pet care might ease some of the financial stress :dog2::moneybag:

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It sounds like you’re making some thoughtful decisions. Whether you switch or save up, the key is to find what works best for your situation. Hang in there