Spot Pet Insurance Review (2026): rates, increases, fine print

Last updated 13 Oct 2026. Administrator: Spot Pet Insurance Services. Underwriter: Independence American Insurance Company. Website

Where it operates

Florida: active, rate filings analysed

Spot is a brand of Independence Pet Group, underwritten by Independence American Insurance Company (IAIC). In Florida it uses rate program V4, the same formula and factor tables as Pumpkin and ASPCA Pet Health Insurance; only the base rate differs ($95.38 against Pumpkin’s $107.68 per month at factor 1).

What is the same everywhere

Price is recalculated every renewal from the pet’s current age.
A tenure factor adds about 3% per policy year.
Medical records are reviewed at the first claim.
Comparing Spot and Pumpkin on policy wording is almost pointless: it is one policy form with two covers.

Pick your state

Florida

Spot in Florida

Underwriter: Independence American Insurance Company
Policy form: PET-P-20000-FL
Waiting periods: injury 0 days, illness 14 days, orthopedic 14 days
Enrollment age: from 8 weeks, no upper limit
Status: active

Coverage flags used for the coverage score
Unlimited annual limit available	yes
Exam fees in base	yes
Dental illness in base	yes
Prescription food	limited
Curable conditions can return to coverage	yes
Illness waiting 14 days or less, waivable	yes
Hereditary conditions in base	yes
Direct vet pay	no
No upper enrollment age	yes

Scores in Florida

A. Lifetime cost	4.7
B. Age curve	1.9
C. Generosity (loss ratio)	9.2
D. Rate increases	0.3
E. Price structure	3.0	Tenure factor table in filing 26-024273; healthy pet discount conditional on no claims; website still quoted the old manual on 8 October 2026
F. Customer treatment	no data
Coverage (separate)	8.8
Total	3.7	methodology

Price by age

From filing 26-024273, effective 1 Oct 2026. 15-year total $70,343.

Spot: monthly premium by age, french bulldog, male, enrolled at 0, $1,000 deductible, 90%, unlimited limit, filed rates effective 1 Oct 2026
Age	$/month	$/year
0	$141	$1,698
1	$134	$1,607
2	$134	$1,602
3	$146	$1,758
4	$164	$1,973
5	$201	$2,408
6	$242	$2,901
7	$292	$3,504
8	$373	$4,480
9	$460	$5,520
10	$551	$6,618
11	$622	$7,468
12	$718	$8,617
13	$815	$9,784
14	$867	$10,406
Total over 15 years	$70,343

Rate filings

Filing	Effective	Status	Requested	Approved	Indicated	Loss ratio	Permissible LR	Source
26-024273	1 Oct 2026	approved	+31.3%	+31.3%	+50.1%	83% projected (2025)	60%	source [1]

26-024273: The memorandum gives a projected loss ratio by sales channel (76–90%, Pumpkin's channel near 90%); the midpoint is stored. Permissible loss ratio 60.42%.

History

13 Oct 2026: Draft page from filing IAIC 26-024273