Originally Posted by FloydTheCat
I talked with Premier Insurance.I got a bad feeling about pet insurances.This is what I think pet insurance companies do when you 're cat is sick.First and foremost they would like to get people to pay for insurance on young pets.Most pets stay pretty healthy within the 1st 7 years of life.So that gives them very little in pay out cost for Vet bills.Once they get older and have and Illness,I think these insurance companies drop you ,and pick up new clients with young pets.
Insurance companies do the same thing with humans.
It is all about money for insurance companies.
Well of course it is, if you expected otherwise, you are confusing them with charity
You have described exactly how insurance companies work, which is exactly how they are supposed to work. I don't see anything much wrong with that - I pay them money for my pets now when they are young and healthy and then IF they have an accident, IF they get sick, or IF they develop an age related condition when they get old, then I will more than get my money back. Insurance companies are kept running because not everyone does run up vet bills more than the cost of the insurance premiums they paid in over the years - did you expect there to be someone sitting in an office with a bag full of money just waiting to be doled out, just out of the kindness of their heart, without them making anything back?
You wouldn't expect a car insurance company to insure a car that's about to fall apart and then pay for it to be put back together when they've barely had any money off you yet, and you wouldn't expect an insurance company to offer flood insurance for homes that are 90% certain to flood every year, that would be completely ridiculous - why do people expect pet insurance to be any different?
If you expect pet insurance to be a way to get something for nothing, then you are going to end up disappointed!