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View Full Version : Thinking about cancelling the buns' insurance....



clutterydrawer
12-01-2015, 09:42 PM
So...I've NEVER claimed for Apache...and now his monthly premium is 21 (including multipet discount) and the excess is 110 plus 20% of the bill :shock:

He's cost me 130 recently so I'd only get about 8 back. :lol:

I'm seriously considering cancelling it and just putting the 40 a month in a separate account to save for emergencies. I know my mum would lend me some in an absolute crisis so the buns would never go without treatment.

Any thoughts? Just wanted to check other people's opinions in case I'm overreacting. I've had him for 6 years so have probably paid them over 1000 for 8 back. :?

clutterydrawer
12-01-2015, 09:43 PM
Skye's excess is also 110 and she's only 5...think I've claimed for her once, and got about 40. :?

Bunny Buddy
12-01-2015, 09:47 PM
I'm in the same boat with my older bunnies re whether it's worth it at this stage. I haven't made the decision yet. ...or at least in my head I've made the decisions, I just haven't got the courage to carry it through
:lol:
I have at least claimed on most of my policies so have had benefit so far. If I cancelled my 4 oldest bunnies I could have 700 a year to save, then there's the money I would have spent on the excesses that I'd be spending anyway. Tempting. One of the factors I consider the insurance is for is 'long term' conditions, the older they get the less 'long term' becomes a factor.

so Apache's is 252 a year with 110 excess :shock::shock: I thought mine were bad at 184 *gulps*[/

clutterydrawer
12-01-2015, 09:51 PM
I don't get why it's so much when he's not that old and hasn't had any health problems :?

ETA but part of me thinks that now he's getting on, he's likely to need more vet treatment, and I should keep up the insurance to get the benefit of all those years of paying :?

Bunny Buddy
12-01-2015, 09:59 PM
I don't get why it's so much when he's not that old and hasn't had any health problems :?

ETA but part of me thinks that now he's getting on, he's likely to need more vet treatment, and I should keep up the insurance to get the benefit of all those years of paying :?

Sod's law says if you cancel you will wish you hadn't, that's why I'm too chicken to do it. I insured the 4 I had at the time, 5 years ago, and then decided it was too much (c400 for the lot of them) then a few months later Artie started with health problems, surgery for 336 and ongoing treatment costing c 350 a year... he was 4 when I cancelled. He then went on at age nearly seven to have two surgeries totalling 1400. I swore I'd never not have insurance again. Looking at the high excesses though and they are only paying 80% of the bill anyway I'm seeing it as much less of a gamble:?

Mischief and Tinker's Mum
12-01-2015, 10:05 PM
Personally I don't think rabbit insurance is worth it! Way too expensive and then most of the problems you can't even claim for! :roll:

Bunny Buddy
12-01-2015, 10:13 PM
Personally I don't think rabbit insurance is worth it! Way too expensive and then most of the problems you can't even claim for! :roll:

You can claim for most conditions if you insure them before any conditions start. It's only really routine dentals you can't claim for, I can't think of any other exceptions. I moan a lot about the cost of insurance but Elijah has cost Petplan about 5000, I've paid them about 600 in premiums.... I'm very lucky I insured him. 900 for blockage surgery would be very scary without insurance.

I've just had a tally up and I've made a total of apx 60 claims and not one has been turned down.

... I've probably talked myself into not cancelling :lol: I can't bear the thought of another blockage surgery coming out of real money :oops::oops:

Pets mum
12-01-2015, 11:02 PM
My buns are just coming up to two, never had treatment, but I'd worry myself sick if I didn't have them insured. My cat is also with Petplan, he had over 3,000 worth of treatment last year, so I am well up money wise. It's a personal choice at the end of the day I suppose.

JemimaH
12-01-2015, 11:06 PM
I'd never not have it, not with Alfie and his illnesses :roll:

Personally I just wouldn't risk it - chances are they'll get ill once you've cancelled!

Sarah1989
12-01-2015, 11:15 PM
I'm thinking this at the moment myself. I pay approx 50 a month for my 6 bunnies - approx 10 each for Slipper, Blueberry & Cherry, 7.45 for Jacquetta and Lady Katherine & approx 8 for Blackavar. Slipper & Cherry have required a dental each, Jacquetta and Lady Katherine are totally healthy *touch wood* as is Blueberry. Blackavar has had two dentals and prone to stasis which is a pre existing condition on his policy. I wonder why I bother paying the insurance when I have to pay for their dentals anyway and associated stasis which is anywhere between 200-400 on average per occurrence. Plus I now have had to get a credit card for emergencies which paid for Cherry last week. So I am wondering if I wouldn't be better off cancelling their insurance and hoping I won't need to regret it. Then again I'm scared I'll cancel it and then need it :roll: waaaaaa!

happybun
12-01-2015, 11:18 PM
me too. if I ever get round to doing my accounts.

Miss Binky Bunny
12-01-2015, 11:26 PM
I'd happily swap 1000 over 8 years for what 6 months without insurance has cost here.

MightyMax
12-01-2015, 11:30 PM
Skye's excess is also 110 and she's only 5...think I've claimed for her once, and got about 40. :?

I can see why you would consider cancelling :shock:

Are you with Pet Plan?

Barn Yard Bunnies
12-01-2015, 11:38 PM
Oh bloody hell that is terrible. Do you mind asking who you are with ?

I thought Mr Bennett was expensive at 15 plus a month but I have in the past claimed 1200 or so twice from the emergency vets, ( one may have been Cutie-pie), and excess was 50 and/or 75.

I would say if something awful does go wrong and a bill ends up being over 500 or 1,000, it is worth it and unfortunately you never know when this may happen. With Mr B and Cutie-pie it happened when they were younger. I haven't needed to make a big claim in two years but too scared not to pay for insurance now in case one of those big bills might happen.

clutterydrawer
12-01-2015, 11:51 PM
I'm with PetPlan. It's hard to tell what to do but if I'd never had them insured at all I'd have 1000 - 2000 in the bank now to cover any future vet fees. :?

I finish my job in September so might wait to see what happens then...if I get a new job that's decently paid I'll just put money by. If I don't, I'll keep up the insurance just in case. The risk is that once I quit the insurance, that's it forever, as no one will insure them now they're over four!

Babsie
13-01-2015, 08:28 AM
I took the very difficult decision to cancel the insurance for my two when it came up for renewal in September because not only had the premiums increased but the excess and amount I had to pay towards any treatment had rocketed (they will both be 7 this year). I have opened a separate bank account for them (which they share with my car tax and insurance) and anything above that will just have to go on credit card. One of my 3 cats is also insured with them and I'll probably cancel that when it comes up for renewal in March. (I'm with PetPlan.)

weedug
13-01-2015, 08:44 AM
I'd had Bailey for 3 years and never claimed, and was thinking of cancelling his insurance when he suddenly got ill. His bill came to just over 2000 over about 6 weeks :shock:. Although Bailey didn't pull through, I'm glad that I kept the insurance so that I could get him the best treatment I could.

happybunny
13-01-2015, 11:45 AM
I have never insured my bunnies. Our vets bills have been about 5,000 a year for the last few years but I still think I would not have been any better off insured. We also have other small animals who are included in this bill and so I just put an amount away each month towards the cost. Of couse as its been so high it has used some of our savings but thats what you get for having more than the norm

We also have a lovely vet that has given us 15% discount on our account.

tulsi
13-01-2015, 11:52 AM
I dont insure any of my animals. l put money aside each month so that they can always have treatment if needed.

Eight rabbits, two guinea pigs, two hamsters and two dogs would be a heck of a lot of money each month to insure.

Hesperus
13-01-2015, 11:55 AM
I don't insure and over the life of my previous bunny that was definitely worth it. So far with Ludo it has been better not to insure too.

MightyMax
13-01-2015, 12:10 PM
I'm with PetPlan. It's hard to tell what to do but if I'd never had them insured at all I'd have 1000 - 2000 in the bank now to cover any future vet fees. :?

I finish my job in September so might wait to see what happens then...if I get a new job that's decently paid I'll just put money by. If I don't, I'll keep up the insurance just in case. The risk is that once I quit the insurance, that's it forever, as no one will insure them now they're over four!

Many years ago I had two bunnies insured with PetPlan and two with Exotic Direct. It seems I live in the most expensive (for vets) part of the country and I can't now get PetPlan for under 28/30 a month for one rabbit. Just not do-able with their sort of excesses ...

catherine09
13-01-2015, 12:47 PM
I'm with PetPlan. It's hard to tell what to do but if I'd never had them insured at all I'd have 1000 - 2000 in the bank now to cover any future vet fees. :?

I finish my job in September so might wait to see what happens then...if I get a new job that's decently paid I'll just put money by. If I don't, I'll keep up the insurance just in case. The risk is that once I quit the insurance, that's it forever, as no one will insure them now they're over four!

But then Skye has cost me nearly 2,000k in the last year (all within around a 6 month period actually) - luckily she was insured but it just goes to show that X years of savings can all be demolished in a very short space of time.

keletkezes
13-01-2015, 02:20 PM
I don't insure: we have more than enough money put aside! The OH likes to hoard money and we've discussed bunny insurance and it's just not worth it for our case. We don't really do expensive things so it's not going to go anywhere quickly.

Now I've said that, Lopsy'll have a horrible thing happen to him, my car will die AND all sorts of other expensive things will happen at once ;P But that's life and we'll just have to get on with it!

ripminnie
13-01-2015, 07:37 PM
Look at it this way - you could cancel your insurance, and let's say you have 1000 in the bank for emergency vet bills. Then a bunny gets sick. An out of hours consultation and treatment can easily cost a few hundred pounds. Then you may need to pay for tests/GA's, which is another couple of hundred. In just a few weeks your savings can be gone. Then if a bunny gets sick again you're really in trouble. Unless you have unlimited funds it's just not worth the risk, in my opinion, especially as bunny gets older...

Springfield24
13-01-2015, 09:49 PM
Look at it this way - you could cancel your insurance, and let's say you have 1000 in the bank for emergency vet bills. Then a bunny gets sick. An out of hours consultation and treatment can easily cost a few hundred pounds. Then you may need to pay for tests/GA's, which is another couple of hundred. In just a few weeks your savings can be gone. Then if a bunny gets sick again you're really in trouble. Unless you have unlimited funds it's just not worth the risk, in my opinion, especially as bunny gets older...
[emoji106] this is exactly how I see it. Yes it's a pain paying as much when it could be for nothing especially if you've got savings but then how can you guarantee that you won't have another unexpected cost at the same time?

Hesperus
13-01-2015, 10:06 PM
Look at it this way - you could cancel your insurance, and let's say you have 1000 in the bank for emergency vet bills. Then a bunny gets sick. An out of hours consultation and treatment can easily cost a few hundred pounds. Then you may need to pay for tests/GA's, which is another couple of hundred. In just a few weeks your savings can be gone. Then if a bunny gets sick again you're really in trouble. Unless you have unlimited funds it's just not worth the risk, in my opinion, especially as bunny gets older...

Actually that reminds me of another point, some surgeries are more expensive than others and some run nearly continuous cover whilst others are only 9-5 weekdays. You need to take into account what your actual bills could be in comparison with the insurance cost. (With mine it just hasn't been worth it, by a long way).

Sarah1989
13-01-2015, 10:13 PM
Look at it this way - you could cancel your insurance, and let's say you have 1000 in the bank for emergency vet bills. Then a bunny gets sick. An out of hours consultation and treatment can easily cost a few hundred pounds. Then you may need to pay for tests/GA's, which is another couple of hundred. In just a few weeks your savings can be gone. Then if a bunny gets sick again you're really in trouble. Unless you have unlimited funds it's just not worth the risk, in my opinion, especially as bunny gets older...

:thumb: and this is why I daren't cancel my insurance. Last year wiped me out completely savings wise and I've now had to get a credit card for emergencies. I couldn't have managed Cherry's vet bill last week otherwise. It was a dental so I can't claim, but at least if anybun does ever get sick that's not dental related, I'll be covered and that's very reassuring. However much I could do with the extra 50 a month right now, I never want to have to have a bun pts through lack of funds.

Stator
14-01-2015, 12:27 PM
I wouldn't cancel it unless you have loads of money. Better safe than sorry.

Andie
17-01-2015, 12:15 AM
I've been thinking about insurance or no insurance as well. I guess on average it can't be worth it, since otherwise the insurance companies wouldn't be making any money. :) It's a risk of course. I've been quoted a lot less than most people here it seems though which makes me slightly suspicious, they want 6 a month with 45 excess. A consultation here costs 31, no idea what anything else would cost. The mention of hundreds and thousands if something goes wrong is a bit scary, though I would have enough savings. Currently I don't have insurance but I'm wondering if that's a mistake or not... :)

Bunny Buddy
22-01-2015, 02:55 PM
You can claim for most conditions if you insure them before any conditions start. It's only really routine dentals you can't claim for, I can't think of any other exceptions. I moan a lot about the cost of insurance but Elijah has cost Petplan about 5000, I've paid them about 600 in premiums.... I'm very lucky I insured him. 900 for blockage surgery would be very scary without insurance.

I've just had a tally up and I've made a total of apx 60 claims and not one has been turned down.

... I've probably talked myself into not cancelling :lol: I can't bear the thought of another blockage surgery coming out of real money :oops::oops:

Just quoting myself on this one :shock: Little did I know when I posted this that I'd be paying for another blockage surgery within a couple of weeks!! Surgery after midnight is not cheap. Gracie's surgery (plus x-rays, hospitalisation etc) came to a little over 800. Her insurance was 84 for the year, excess is 75 + 10%. Rounding it down to the 800 I would expect apx 653 back. I've already made a claim for Gracie this year for stasis (c200 - 75 - 10% .. so I got apx 122 back, I'd already been on the winning side with her year's premium v claims). Definitely worth having insurance when it costs so little.

icklepxy
22-01-2015, 03:12 PM
Yeah I don't insure anything I don't have to. So I have car insurance and house insurance (and my wedding ring is insured because I almost lost it once and about had a mental break so I figured better safe than sorry!) but I'm really glad I got the bun's insured after Hugh had his kidney stone removed. With no warning whatsoever Meg suddenly wracked up over 1500 in vets bills and at the same time my husbands car had an issue that was about the same amount. If Meg hadn't have been insured we'd have been increasing our debt which would have been unnecessary.

I know it seems a lot of money to pay for something you might never get back, but then I weigh it against what I've spent on the lottery in my lifetime which I *know* I'll never get back and I don't feel so bad :)