Ask an Agent
Have a question? We're here to help.
Ask an agent for free
Question

Is it normal for pet insurance premiums to go way up at renewal?

I've had pet insurance for my dog for a few years and my premium just jumped like 35% at renewal with no real explanation. Is this normal? At what point does it stop making financial sense to keep the policy?

Sep 9, 2026 Minneapolis, MN

Answer
Author profile picture
Beth Swanson
Insurance Analyst

Beth joined The Zebra in 2022 as an Associate Content Strategist. A licensed insurance agent, she specializes in creating clear, accessible content t…

Credentials
  • Licensed Insurance Agent — Property and Casualty
  • Associate in Insurance (AINS)
  • Professional Risk Consultant (PRC)
  • Associate in Insurance Services (AIS)

An increase in pet insurance premiums at renewal is normal, but whether 35% is on the higher end of typical is hard to say without knowing your pet's age, breed, location, and carrier. The increases do tend to get steeper as your pet gets older. Here's why it happens, and how to decide whether it's still worth keeping.

A few factors drive renewal increases specifically. Your pet's age is the biggest factor. The older your dog gets, the higher the statistical risk of illness or injury, and premiums adjust accordingly every year. Insurers look at the claims experience across all of their policyholders, not just yours. If pet owners as a whole are filing more (or larger) claims, that can push everyone's rates up, even if you've never filed a claim yourself. You're not alone in this: there's plenty of chatter online from other pet owners experiencing similar increases at renewal.

You also have to consider inflation and the cost of living. If you're feeling the pinch lately, businesses (including veterinarians) are, too. Supply and labor costs are going up, and that translates into higher vet bills. As of 2025, the average cost of a vet bill has increased by over 60% in the past decade (AAHA) and this year, that number has likely gone up with added tariffs.

As for whether it's still worth keeping: that's genuinely a case-by-case calculation. A few things worth considering before you cancel. First, if your pet has developed any health conditions since you originally enrolled, those would likely be considered preexisting conditions if you switched to a new carrier, meaning a new insurer might not cover them at all. Staying with your current policy, even at a higher rate, may protect coverage you'd otherwise lose.

Here are a few things you can consider to lower the bill if you want to keep the insurance as a safety net:

  • Increase your deductible
  • Decrease your reimbursement percentage or annual coverage limit
  • Carry accident/emergency coverage only (not the wellness add-on)
  • Shop around (much like all insurance types!)

You can get a pet insurance quote through out partners here at The Zebra, too, while you're comparing rates. I hope this helps!

Ask an Agent
Have a question? We're here to help.
Ask an agent for free

Insurance is complicated, but it doesn't have to be.

The Zebra searches all of the top insurance companies, in one place, so you can compare the cost and coverage you need to protect your car, home and other property.

Step 1: Tell us a little about yourself

Choose an insurance product and enter your zip code to get started.

Step 2: Sip your coffee while we find the best quotes

Enter the necessary information and then sit back while we find quotes from 100 top insurance carriers.

Step 3: Compare your quotes

Compare quotes side-by-side to find the right match for you, whether it's home, auto, or more.

Step 4: Let our agents do the hard work for you

Once you pick your policy, our agents are here to get you over the finish line. Then just relax and enjoy your savings.

Compare insurance rates today!

Pin
Shield checkmark No junk mail. No spam calls. Free quotes.

Related Questions

Other people are also asking...

Does it cost more to insure a turbo engine vehicle than a non-engine car?

Most insurance companies will charge more for a turbo engine if the VIN identifies it as such — since it has more power and speed, the risk of a claim is going to increase. The same goes for luxury or modified vehicles. Some companies may even refuse to quote it depending on the make and model. If …
Jul 18, 2023 Minneapolis, MN

Will my spouse, or myself, get the best rate for insuring our shared car?

Which spouse is primary usually won’t change your rate much with clean recordsThis is an excellent question! Insurance is very complex, so trying to find the best rate can be a challenge. In this instance with both you and your wife having clean records and being close in age, the rate shouldn't be…
Mar 2, 2026 Saint Paul, MN

In the State of Minnesota, does a registered vehicle have to have insurance if it is not being driven?

Technically, if you have the vehicle registered then it's supposed to be insured, regardless of whether or not it's being driven. If you want to remove insurance from a vehicle you're supposed to return the registration tags to your local registration office. If you wanted to begin driving the vehi…
Aug 13, 2024 Minneapolis, MN

Is there an age limit for a good student discount?

There is no way to say for sure outside of asking your specific insurance company. Most insurance providers that offer good student discounts have stipulations that may make you ineligible due to your age or the fact that you aren't covered on your parent's policy. Your best would be to contact you…
Jan 23, 2023 Minneapolis, MN